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Roslyn Day

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my expertise in the industry

Roslyn's Recent Activity

What about landlords that just want to move back to their own homes and are only landlords due to other circumstances - how is it that is is not possible to live in your own home, and have to pay a mortgage for a tenant who may or may not decide to make rental payments? Maybe landlords need to unite and remove our rental properties from the market and let the government figure out how to house people. (I obviously know that is an outrageous comment - but these are outrageous times).

From: Roslyn Day 23 July 2020 10:33 AM

Thank you for your replies everyone, it is helpful knowing I am not alone and there seems to be more help here then the managing agent is capable of. A few more questions, because I am a newbie, I am not up to speed with all the acroynms - can someone give a break down of the most used ones. (anyone looking to fill some time, lols). and secondly, I am adamant that as I pay for the managing agent, they are meant to be looking after my interests first and foremost by law. Is that correct or just my assumption? Thank you again for everyones replies and support.

From: Roslyn Day 10 April 2020 08:17 AM

Hi newbie landlord here - we rent out our house which has a mortgage on it, and rent elsewhere due to work situation. Tenant in our house with mortgage is one of those who thinks now covid 19 means she doesn't have to pay. She is saying she can only afford £50 a week on a $1250 mthly rent. I have a rental management company, who I believe should be looking out for my interests as the customer, but seems to be completely concerned with the tenant - not my financial situation. If the tenant doesn't pay, I can't pay mortgage, or my rent! I understand we are in unprecendended times and we have to make an arrangement - but my question is - how is this tenant every going to make up the rent arrears if she cannot suddenly afford the rent (I know she is taking the P* a little as she has a partner not on lease living with her and she has money coming in). So now she only pays £250 a month of next 3 months - she will be £3000 in arrears. I have rental guarantee insurance, but agent said we can't claim that now as government has put 3 month hold on evictions. My opinion is that the tenant should submit a payment plan proposal on how she will intend to cover rent arrears in the future - management company just says, she is doing what she can, and I need to be sympathetic - I am in a worse position than the tenant!! Any advice?

From: Roslyn Day 09 April 2020 08:28 AM

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