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Fery Lavassani

Residential Landlord

229 Profile Views

About Me

A fed up landlord.

my expertise in the industry

Landlord in private residential sector since 1989.

Fery 's Recent Activity

Totally agree with you Michael. I think slowly but surely we are going back to the bad old days of Protected tenancies. Shelter, Generation Rent and the other lot, will not settle until they get what always asked for. That is "open ended tenancies". I think Section 1 of the LPA 1925 will be added a subsection 3, "term of years indefinite". For that I am out. I waited for this Bill to be announced , then make a decision whether to stay in the industry or not. EPC is next. Do I need all this? No I don't.

From: Fery Lavassani 10 May 2022 14:03 PM

Failure to consummate will render this marriage null and void. Unless Debbie or India can prove that a sexual intercourse has in fact taken place. The article mentioned three cats. Sounds orgy to me.

From: Fery Lavassani 26 April 2022 07:46 AM

This government is after winning votes like the rest of them. Places such as Southampton or Liverpool are full of private tenants. The Tori party is banking on these tenant's votes. They do not care of the aftermaths of these reforms. NRLA sees itself in a done deal. Generation Rent, Shelter and the rest of them are taking advantage of a government deep in controversies, through their lobbies, to push for their agendas. Section 21 abolishment will not make such a difference. EPC will.

From: Fery Lavassani 23 April 2022 22:13 PM

Today shops, tomorrow houses. What if the poor unit owner cannot find a decent tenant? After Covid most businesses are on line. Not much demand for high street retail units. This will not work. If the owner is pushed, he simply rent it to his son!!

From: Fery Lavassani 19 April 2022 10:46 AM

Spot on Michael. This ruling does not effect or change anything for those landlords who complied with the Deregulation Act 2015. The abolition of Section 21 will. I for one will leave the industry once Section 21 is abolished. Slowly but surely we are getting pushed back to the bad days of protected tenancies. So, I am out.

From: Fery Lavassani 19 April 2022 08:03 AM

In the North West on average each estate agent has between 180 to 194 applicants wishing to rent. Again on average they have "four" properties to let on the market. Here the majority of properties (two up two down) are pre 1917 built, hence single brick and no cavity. EPC change will definitely raise the demand to rent, due to the reduction of supply. I for one will not spend thousands to upgrade to C. On top of that, we currently have more than 160 legislations that cover the PRS. Abolishing S21, more regulations and legislations will push LL to leave the sector. Rent arrears, void periods, repairs, tax and new legislation keep LL awake at night. I will be sixty six in November and time to live a hassle free life. Sell them all and put my feet up.

From: Fery Lavassani 14 April 2022 09:30 AM

Open ended tenancy will run contrary to Section 1 of the Law of Property Act 1925. My property will be neither "fee simple absolute in possession" nor "term of years absolute". I wonder what buy to let lenders think about this. If for any shape or form, I lose full control of my assets, then I am definitely out.

From: Fery Lavassani 08 April 2022 07:36 AM

If half of what they say ends up in the statute books, I will join you George. In fact I am putting one on the market within the next two weeks. I lived through interest rates of 17.5% (Nat West BDL 4% above B of E 13.5%) to build my portfolio. It took me years. Now a bunch of Trotskyites just leaving their nappies want to dictate how I should run my business. What about Section 1 of the Law of Property Act 1925. I guess they will have to add subsection (C) Term of Years Indefinite.

From: Fery Lavassani 23 March 2022 07:49 AM

Before this disease spreads to the South of the border amongst other crazy legislations already in the pipeline, and since I am due to receive my pension in November, therefore for me, its time to say good bye to residential letting.

From: Fery Lavassani 22 March 2022 12:02 PM

Not one one mine. But I saw a case where tenant demanded to be paid back, the 12 months rent he paid or else. You wouldn't believe it, the tenant took not only the boiler and radiators, but all floor boards too. The poor landlord had to auction the house at the end.

From: Fery Lavassani 02 May 2021 21:47 PM

Hi Jim, although I have purchased the Operating Standards for HMOs, I would love to have a copy of your DIY eviction manual, too. Please advice how to obtain that.

From: Fery Lavassani 26 April 2021 23:23 PM

I purchased one from Jim's websites this morning. But I guess the manual mainly deals with HMOs. Am I right Jim?

From: Fery Lavassani 25 April 2021 18:39 PM

Jim, Section 21 Notice currently needs 6 months notice. due to Covid. It has been increased from two months requirement. For Section 8 Notice, currently you will have to give 6 months notice if arrears are less that six months and 4 weeks notice if arrears are more that six months. So the tenant gets minimum seven months rent free before you submit your claim. Then wait for the Hearing date and walk to the unknown. Whereas Section 21 not only takes less time, but guarantee you result. We used to submit the application and guaranteed within 14 days or sometimes even less, get the possession. Whereas with Section 8, which is a fault based section, rent arrears is one subsection. Of course the common one is that of rent arrears. AS we all know, the tenant has to be two months or more behind, on the date of submission of application and on the Hearing date (that was the case prior to covid). Like Bhala said, just prior to the actual Hearing, the tenant, by making a small payment, clears enough arrears for the judge to throw the case out. If a tenant through the Hearing claims disrepair, then automatically you have a counterclaim. After the work is done, if there is any work to be done, you then need evidence to show the work has actually been done. That is when you need your own surveyor's report. I do not know which area Jim is operating from. But before the Covid, West Midland County Courts took 7 months to hear a Section 8 claim and Manchester was 4 months. In my opinion, when first you see the tenant is falling behind, then why wait two months to be able Section 8? Initiate Section 21 by serving A6 on the tenant, where you are guaranteed possession hassle free.

From: Fery Lavassani 25 April 2021 08:18 AM

Jim, we all want to avoid court proceeding. Whether accelerated (no Hearing) or full session with Hearing. The problem is the system. If you take a tenant to court under section 8, I guarantee you the tenant will come up with counter claim, although untrue, such as damp or disrepair, to frustrate the proceedings. In a section 8 proceedings you will not get more than 10 minutes. A false counter claim might have unseen consequences. The tenant gets legal aid and free chartered surveyor. The surveyor will have to survey the property and come up with a report. They usually find something. Depending on the age of the property. Things that you did not know and the tenant never mentioned before. I had a case where the surveyor found a broken tile on the roof, that neither me nor the tenant ever noticed. Then you have to put your hand in your own pocket to instruct your own chartered surveyor (usually over £500.00 plus VAT), as the first one does not take instructions from you. If you represent yourself in court, you will technically save yourself a couple of thousand pounds. Then you will get another date for the second Hearing. The whole process could take and will take, months. Remember, no rent is coming. Even after you get your possession, you can kiss good bye to the arrears. So section 21 is a blessing. Without that we will go back to bad old days prior to 1988 Act.

From: Fery Lavassani 24 April 2021 11:26 AM

My good man Andy. We all remember the interest rate of 14% above Bank of England of 3%. The younger generation should learn from their German counterparts. In Germany people tend to rent rather than buy. This will give the individual the option of free movement from one city to another, should a better job opportunity arise. Rather than getting tide up to one place, simply because you cannot afford to pay rent as well as mortgage.

From: Fery Lavassani 23 April 2021 18:09 PM

This reminds those of us witnessing these moves by the government, the days on Nigel Lawson. He abolished tax relief for a couple, from two to only one per house purchase. Then he lowered the interest rate. The cleaver part was, to set a deadline for three months. I remember two up two down properties in South Manchester were gaining £400.00 to £500.00 per day. Everyone rushing to beat the deadline, where demand exceeded the supply. Take my word for it. At least 30% of these poor suds who get themselves into a 25 to 35 year mortgage debt, will end up in re possession.

From: Fery Lavassani 23 April 2021 17:22 PM

A two up two down that was purchased in 2017 for £130 K , is now going for £160 -£170 nowadays. That is your gain.

From: Fery Lavassani 19 April 2021 19:17 PM

Andrew, I do not disagree with you entirely. But Merseyside is not a good example. A two up two down in an average area in Merseyside, can be purchased for about 80K. Similar property in a similar area in Manchester down the road, will cost you anything between 130 to 170 K. In Stockport a two up two down generates about £8000.00 annually. To purchase such property will cost you anything between 160K to 180K.

From: Fery Lavassani 19 April 2021 11:27 AM

Fines no good. Confiscate his property. That will send a loud and clear message to the rest of the cowboys.

From: Fery Lavassani 01 April 2021 11:08 AM

Tricia to your list add, void periods, rent arrears and maintenance (repairs). With these three together with tax and legislations that you mentioned, we end up with the five things that keep landlords awake at night.

From: Fery Lavassani 19 March 2021 07:32 AM

I was born in the middle east, so I cannot be branded as "racist". When I started reading the article, I thought I am going to see names like Husain, Tariq, Amjad and so on. This one to my surprise was a English name. So lawlessness has no boundaries.

From: Fery Lavassani 15 March 2021 17:07 PM

Guys I have a question. I know the law cannot act retrospectively. But will the new law apply to existing tenancies? Remember, once the life of the AST runs out, the tenancy becomes a periodical AST. A PAST is a new AST. The original AST had a clause in it stating "no pets". Give a new tenancy, you will have to comply with the law. Keep the old tenancy and let it run as PAST, then you will technically breaking the law. I am confused. Cats I can live with. But dogs, no thank you.

From: Fery Lavassani 08 March 2021 15:38 PM

Why sue them? Prosecute them. After all they are accomplices . Aren't they? If you are behind with your council tax, they take you to Magistrates Courts which is a criminal Court and not County Courts. Their actions or in this case, inactions have caused the death of an innocent person. If that is not gross negligence manslaughter, then what is ?

From: Fery Lavassani 24 February 2021 13:05 PM

Desperate tenants allow these type of LL to operate. With 800,000 in arrears with their rent and 1.3 million on social housing waiting list plus 30,000 in serious mortgage arrears, you will soon see more and more desperate tenants by coming summer, who will be prayed upon by these kind of LL.

From: Fery Lavassani 15 February 2021 09:43 AM

I agree Daneila, but not everyone holds a passport or driver's license. You would ask for these things if your tenant is non British. But if he is called Mr. Smith, then any other ID card such as students union card or Bank statement or previous council tax bill should suffice. I guess the best way is to insert a new box in the tenancy agreement to be field in, under the DOB.

From: Fery Lavassani 25 January 2021 07:33 AM

Nowadays for the rent to be paid directly to the LL account, the tenant must be two months or more behind. We had one case in Stockport that the council other than schedule of rent arrears, wanted the LL to fill a form. One question in the form was the tenant's date of birth. Without that, they would not entertain the LL's request. Lets ne honest, how many of us know our tenants date of birth?

From: Fery Lavassani 24 January 2021 07:54 AM

No John. Under the 2002 Act, the burden of proving that the goods or assets (in this case the property) were not obtained through the proceeds of the crime, is upon the landlord and not the CPS.

From: Fery Lavassani 22 January 2021 11:54 AM

Hey I have got a good idea. As you all know, Magistrates Courts are criminal courts (Courts of first instance). So if a landlord appears before the Magistrates, that means he has committed a criminal offence. So let confiscate his property under the "proceeds of crime Act 2002". That will send a loud and clear message to the rest of them.

From: Fery Lavassani 21 January 2021 15:59 PM

For years with the help of the government tenants were screwing the landlords. Now it seems the table is turning. What next?

From: Fery Lavassani 20 January 2021 09:28 AM

If you all think, when this Covid business is over you sell and get out. You have something else coming. Its called Capital Gains of 45%. I am pretty certain that these MPs before going t sleep think how they can screw the landlord in the morning.

From: Fery Lavassani 20 January 2021 07:03 AM

I had a protected tenant that was supposed to pay £40.00 a week for a three bedroom semi. She was behind in total £2000.00. I had to maintain the property. I one case, I paid £4500.00 to put a new roof on the house. Cut the long story short, I could only sue her for my rent. Get a judgment and send a bailiff to take their television. I have had them all. Protected Tenant, Assured Tenant and the AST. If we lose Section 21, we will go back to the dark days on pre 1985. For this my friends, I am out.

From: Fery Lavassani 18 January 2021 16:46 PM

Free advice of the day. If you owe someone some money and do not wish to pay the creditor, just act doolally. But please do not let my tenant know that!!!!!

From: Fery Lavassani 18 January 2021 11:02 AM

John, think about the day that you may wish to get your property back. The terms of a verbal agreement is unclear and you will have a job to obtain a possession order. A tenancy agreement clarifies the terms, should the tenant breach them. With Section 21 on its way out, I would make sure the tenants entre an express agreement rather than implied.

From: Fery Lavassani 17 January 2021 21:13 PM

Steve, if you managed to find a buyer for your properties, please please please let me know. I have a small portfolio and like yourself been in this game for years. Always been told that 5 things keep landlords awake at night. Void periods, rent arrears, maintenance, tax and legislations. I can and have managed with the first four for many years. The last one is breaking the camel's back. I want out.

From: Fery Lavassani 17 January 2021 11:27 AM

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