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Wendy Copsey
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my expertise in the industry

Wendy's Recent Activity

Wendy Copsey
When this comes in I shall start selling my portfolio of 8 houses all accomodating families with children. I will sell 1 each year. Hope government can find my tenants a new home. Some have been with me for almost 10 years.

From: Wendy Copsey 16 June 2022 06:51 AM

Wendy Copsey
If no section 8 how would you get house back if tenants stopped paying rent.

From: Wendy Copsey 30 May 2022 14:15 PM

Wendy Copsey
How can rents be frozen when mortgage rates continue to rise? This person is deluded. The chancellor said £400 towards utilities per household. Tenants in HMO don't pay utilities so can't be intended for them.

From: Wendy Copsey 30 May 2022 08:30 AM

Wendy Copsey
LL's are the scapegoats for all the ills in the housing market. It has to stop. It is discriminatory and unjust.

From: Wendy Copsey 18 February 2022 09:39 AM

Wendy Copsey
I am an experienced LL with 8 btl houses. Over the last 2-3 years I have made sure all houses have led lights, 270 loft insulation, upgraded a few condenser boilers and fitted individual thermostats to ch rads. All have DG. 5 out of 8 are now C. 2 need cavity wall insulation which I will get done after April tax year. The final house is an older larger Victorian house, my favourite as it looks so grand. However it is a D and without either internal cavity walls or external cavity walls can't get to a C rating. The cost for this £10-14k. This is to save tenant £36pa. I am hoping for a partial grant to do this work. If I don't get it I will have to sell the house making homeless a family of 6 with 4 children and one of them is disabled. Let us hope the council can re-house them. They are very happy in house as it is. Easiest option would let me pay family £36 pa towards their energy. It is very strange because if they had deposit same family could buy house from me and remain living there as only btl houses targeted by EPC of C. Make more sense to target everyone in an E standard home first, and not just btl LL.

From: Wendy Copsey 07 February 2022 10:33 AM

Wendy Copsey
In the long term putting your money in bricks and mortar is a safe bet. More people want to buy their own home in UK. than not buy. People will prioritize their rent over most other things.

From: Wendy Copsey 07 February 2022 10:17 AM

Wendy Copsey
George I have a waiting list of families wanting to rent a house from me.

From: Wendy Copsey 04 February 2022 10:10 AM

Wendy Copsey
I think bricks and mortar are a better investment than the markets. If only the banks would offer a decent rate of interest on savings. Whilst banks won't offer a fair return on interest I shall continue to invest in more houses.

From: Wendy Copsey 04 February 2022 10:07 AM

Wendy Copsey
I don't mind a LL register but Gove needs to reconsider the time gre for getting btl properties up to Energy C rating by 2025 whilst allowing owner occupied homes to be below C. 10,000's of LL will sell so less revenue for government and far more families becoming homeless.

From: Wendy Copsey 01 February 2022 07:33 AM

Wendy Copsey
Well if LL about get in and Rachel Reaves gets her way this ladies experience will be common among many families who rent. See how the electorate like that Rachael Reeves. More bits of Labour policy that is not joined up.

From: Wendy Copsey 24 January 2022 08:18 AM

Wendy Copsey
So, will Labour take full responsibility when btl LL sell up and there is then a housing crisis of massive proportions, as there will be so many fewer btl properties to rent? How will Labour deal with black hole of not enough private rentals to fill gap? Or would they prefer more families in temporary one room accomodation or on the streets?

From: Wendy Copsey 24 January 2022 08:13 AM

Wendy Copsey
I have raised rents in anticipation of energy upgrades from D to C. Some properties already a C grade. All properties have double glazing, newish boilers under 4 years old, loft insulation, draft proofing and energy saving lights so now only expensive improvements left to do. I suppose I will have to have cavity walls in the properties that don't have it or solar panels next. Tents wi increase dramatically if that is the case. In West Midlands I have a waiting list for my properties.

From: Wendy Copsey 21 December 2021 10:01 AM

Wendy Copsey
Lucky LL in North East Lincolnshire, what about the rest of us living in different areas? we would like this scheme too.

From: Wendy Copsey 07 December 2021 10:48 AM

Wendy Copsey
I don't understand why LL are expected to bring rental properties up to a higher standard than home owners. A sensible approach would be for all properties both btl and owner occupied to push up to a D rating. If the government want higher than this then they should make grants available for the work.

From: Wendy Copsey 01 December 2021 18:27 PM

Wendy Copsey
I followed government red tape on electric certificates. I had all new consumer units in metal box. Then I had to put rent up to help pay the cost. Tenants were perfectly happy with old consumer unit in hard plastic box. I still have one in my own house. Government legislation forces tent rises not LL's. Now inflation is high and mortgages set to go up. That will mean a further rent increase.

From: Wendy Copsey 02 November 2021 11:02 AM

Wendy Copsey
A friend of mine who is also LL had a tenant in arrears due to Covid. He kindly agreed tenant could pay half rent for the month he was off work sick. The following month he asked to pay half rent again even though he had worked a full month. Friend agreed but was then furious when he found out tenant had paid for enormous tattoo covering large section of his back. He has learned his lesson he won't ever help this tenant out again.

From: Wendy Copsey 15 October 2021 09:43 AM

Wendy Copsey
I have tenants of 7 years moving out at end of August. I'm having house repainted, new laminate and a few other upgrades then have a waiting list with 3 couples all wanting to moving in in October. Will let them view end of September then vet and let on October. Happy days for LL.

From: Wendy Copsey 04 August 2021 08:34 AM

Wendy Copsey
I have had to put my rental prices up purely because I have now had to pay for an electrical report and energy certificate. The consequence of imposing ever more hoops for LL to jump through is the cost will rise for the tenant. Previous to this I had not increased cost for 3 1/2 years. I have told all of the my tenants in my 6 btl houses this price increase is down to government increasing legislation and costs for me.

From: Wendy Copsey 08 July 2021 08:02 AM

Wendy Copsey
It is a small island there is no more suitable land to build. That is why property.is do high. There are lots of bungalows and people take roof off, build up a layer then put roof back on.

From: Wendy Copsey 14 May 2021 12:28 PM

Wendy Copsey
My sister lives in Jersey and she says basically those who work in finance can afford to buy but those who work in other sectors generally can't. There is a very large finance sector in Jersey.

From: Wendy Copsey 14 May 2021 12:26 PM

Wendy Copsey
In March I had the obligatory Electrical Certificate done. Even though I had the nly had a new electrical consumer unit/fuse box 3 years before this I had to have another new one installed as new building regs say metal fuse box case is now required. My own home has the older one with strong rigid plastic but btl must have new one. There really was nothing wrong with 3 years old one. This has resulted in me increasing the rent by £30 pcm whereas otherwise I would not. It is time pointless legislation is upgraded to make it fit for purpose. Clearly any electrical box fitted by a qualified electrician in last 5 years should be fine.

From: Wendy Copsey 11 May 2021 11:24 AM

Wendy Copsey
If Staffordshire council are so confident these tenants will pay their rent they would pay 6 months rent in advance to LL and collect rent back off the tenants themselves.

From: Wendy Copsey 10 May 2021 09:49 AM

Wendy Copsey
LL's offer many solutions to those who can't or don't want to buy their own home. They can accommodate families in houses, couples in flats and singles in HMO, something government and councils fail to do. LL should be celebrated not condemned.

From: Wendy Copsey 17 February 2021 10:15 AM

Wendy Copsey
I have moved away from carpets and now laminate rooms if there is damage I just get the damaged planks swopped out and keep receipts for carpenter. That along with photo date stamped whenove in should be sufficient.

From: Wendy Copsey 02 February 2021 09:29 AM

Wendy Copsey
If you have an extractor fan in bathroom and kitchen over cooker tenants have absolutely no excuse not to use them and prevent mould. Some tenants never open windows. No ventilation causes mould.

From: Wendy Copsey 29 January 2021 09:57 AM

Wendy Copsey
Typical SNP acts before it thinks through the consequences.

From: Wendy Copsey 29 January 2021 09:37 AM

Wendy Copsey
I could just about tolerate a rabbit if kept in a hutch in the garden, never to enter the house. Will LL be allowed to charge a bond for these pets? Luckily I rent to couples who both work all day do I would decline requests for pets on basis it would be unfair to leave pet alone all day. I believe rehoming charities will not rehome a pet unless someone at home with them at least part of the day.

From: Wendy Copsey 29 January 2021 09:34 AM

Wendy Copsey
If this becomes law new tenants will need a guarantor in future before moving into one of my properties.

From: Wendy Copsey 22 January 2021 13:48 PM

Wendy Copsey
Forgot to add rents having to go up to cover additional costs and new energy efficiency certificate too. Next the government will be complaining tents are too high when they are pushing up the costs.

From: Wendy Copsey 22 January 2021 11:20 AM

Wendy Copsey
I have got an electrician on one of my btl as I type. They did inspection then said I needed new fuse box unit to meet new building regs. Last week same happened on another of properties. As all are of similar age and in.samr area I am expecting other 2 properties will need to be done as well. I also had a few single plug sockets made into doubles whilst he was there. Not cheap but at least can be written off against tax bill as essential maintenance and must be done to let properties. I thought electricians might be hard to get hold of end of March with rush to comply.

From: Wendy Copsey 22 January 2021 11:18 AM

Wendy Copsey
I would not rent to students. Not particularly near a University so not an issue for me.

From: Wendy Copsey 11 January 2021 10:48 AM

Wendy Copsey
I bought a property with tenants insitu.anouy 6 years ago. I asked LL to see passport numbers of tenants and gas certificate. He could produce neither. I went to speak to the tenants and told them I would need to see passports and I would have a gas certificate done. After I bought it I had new double glazing, new front door, a fridge freezer and microwave put in too. They stayed there for 4 years.

From: Wendy Copsey 01 January 2021 22:08 PM

Wendy Copsey
After years of squeezing LL's to the bone and forcing many out of the sector they have the audacity to ask for LL help. Unbelievable. When the government reverses some of the punitive measures taken against LL only then will they encourage a partnership between councils and LL's.

From: Wendy Copsey 15 December 2020 15:31 PM

Wendy Copsey
You work hard and scrimp and save to buy properties to get a pension investment and you get taxed to the hilt whilst providing much needed housing for the rental market. At the same time consequtive governments pander to the left and give our hard earned taxes to those who can't be bothered to get a job or cap their hours at 30 to enable them to claim benefits.

From: Wendy Copsey 11 December 2020 11:41 AM

Wendy Copsey
I put a sealed smoke detector on each floor as tenants can't take batteries then and a CM detector by boiler and by gas hob. These are checked every year by gas engineer.

From: Wendy Copsey 23 November 2020 10:34 AM

Wendy Copsey
I have four properties all with excellent tenants that have stayed with me for years. I have one property empty and I will not let it out until Covid 19 is gone. I don't want the problem of not being able to evict if they damage the property or do not pay rent. I am having a new kitchen and garden decking installed whilst it is empty.

From: Wendy Copsey 06 November 2020 14:12 PM

Wendy Copsey
It is about time this government realised it needs private LL and without them there would be a huge homelessness problem. The mortgage interest payment is a legitimate expense, every other business claims expenses. Sunak needs to look at this again and realise the more he drives LL to sell their properties the more of a homeless problem the government will have.

From: Wendy Copsey 08 October 2020 08:59 AM

Wendy Copsey
I don't object to a register of Landlords and a council inspection every 3 years to ensure accommodation is up to decent standard with gas and electricity certificates. This would eliminate rouge Landlords. We also need a Tenants register where tenants who do not look after rental property, cause damage or do not pay rent on time can be listed. This would mean good Landlords were less likely to end up with bad tenants. To be fair we should not have one without the other.

From: Wendy Copsey 07 October 2020 14:07 PM

Wendy Copsey
It is about time the government realised that without PRS far more families would be homeless. They do not have enough housing stock to home them all. They should be grateful that LL provide a service to keep families off the streets but this government is hell bent on shutting down b2l they bring in as.much.legidlation as they can yo make b2l less profitable. They have only themselves to blame when LL decidr enough is enough and sell up. I am considering doing this but it would make 6 families with children homeless.

From: Wendy Copsey 07 September 2020 10:13 AM

Wendy Copsey
I shall be issuing 6 month notice period every time a new renter moves, just in case I want them to leave after 6 months.

From: Wendy Copsey 24 August 2020 12:11 PM

Wendy Copsey
Mot

From: Wendy Copsey 21 August 2020 10:11 AM

Wendy Copsey
Government like to forget LL have to pay their bills too. They did not say due to pandemic LL do not have to do gas checks. Not extensions but not gas check extension. Hard as it was to find a gas engineer to come out in April I had to pay extra.

From: Wendy Copsey 21 August 2020 10:10 AM

Wendy Copsey
I have added paragraph at end of lease I now use making tenants sign to say they received has cert, How to tent booklet, property has working smoke detectors on each floor and CM detector is in place, deposit is paid to deposit scheme and now adding electrical cert too. I also take passport number for illegal immigrant check. I am sure the list grows in the hope some LL may slip up and forget one. I let 6 houses and it is like a military operation keeping everything compliant and the insurance current too. I am early retired so have time now but when also working full time it was hard.

From: Wendy Copsey 22 June 2020 10:00 AM

Wendy Copsey
I have already turned one family away as if there were issues I could no longer give them two months notice to leave at end of year. I have had to become far more picky about who I let to and I will no longer let to families with children because of new legislation about to be implemented. From now on professional couples only.

From: Wendy Copsey 20 May 2019 10:01 AM

Wendy Copsey
This government is doing all it can to drive private LL out of business. The families will lose out as LL will sell properties and then they will be homeless and stuffed into a B&B as local authorities do not have enough houses to home them all.

From: Wendy Copsey 20 May 2019 09:57 AM

Wendy Copsey
The only bad tenants we had were two little old aged pensioners. They kept ringing us in the night to tell us heating was not working but when husband went to see they had just turned it off. It happened about seven times in one month. They also set off fire alarms regularly and neighbors complained about their domestics. They had rented for six months and cleared all checks. We gave them notice just before four months and luckily they moved out. We always check employment record, past LL and ask to see latest bank account statement. Only had one bad tenant out of about 40. We try to let to families or professional couples if possible.

From: Wendy Copsey 11 January 2019 13:10 PM

Wendy Copsey
If the government want these properties improved then they should give a grant of 50% for those landlords that make the improvements and allow the landlord to claim for loss of rent whilst repairs were carried out.

From: Wendy Copsey 06 November 2018 17:03 PM

Wendy Copsey
If all Landlords sold up tomorrow the number of homeless families would spiral out of control costing LA millions in B&B charges. The government needs to wake up and show good Landlords some appreciation not drive them out the market.

From: Wendy Copsey 01 November 2018 14:17 PM

Wendy Copsey
John that would mean in many cases Landlords would be letting out property for less than mortgage cost. I look on Rightmove and see average cost of rent for property similar to mine then charge that rent. I only increase rent every second year to cover inflation provided tenants are good tenants. If bad tenants I would raise rent higher for second year to nudge them to leave after end of one year lease.

From: Wendy Copsey 01 November 2018 14:15 PM

Wendy Copsey
I won't take tenants on benefits in any of my rental properties. However if a tenant with a good history of paying rent of time is made unemployed and has to go on to UC I would wait for payment rather than evict. I rent to families with children so unless rent seriously behind would not evict.

From: Wendy Copsey 01 November 2018 14:09 PM

Wendy Copsey
Very useful if you are just looking at interest only. Hoping they bring out a similar product for remortgages and repayment mortgages.

From: Wendy Copsey 24 October 2018 10:54 AM

Wendy Copsey
Many mortgage lenders do not allow a Landlord to let for more than a 1 year fixed contract. I would be prepared to let a property on a 3 year lease to tenants who I have already let to for two years or more and had no problems with which would offer them more security, but I would not take a risk on a new tenant. I don't want to sell my houses at the end of three years though. Would there be any intensive to extend tenancy contract if I did not want to sell?

From: Wendy Copsey 08 October 2018 14:45 PM

Wendy Copsey
Without rental properties the country would not be able to home families with children. Councils have not got enough housing stock to do so.

From: Wendy Copsey 26 June 2018 12:57 PM

Wendy Copsey
This idiot forgets that not all people can save deposit needed to buy a home. Where i live in Midlands there are pages and pages of houses for sale on Rightmove and no one is stopping potential buyers except they do not have deposit saved.

From: Wendy Copsey 26 June 2018 12:50 PM

Wendy Copsey
Renting out a shed for a person to live in is clearly not acceptable but the council say they will stop it but do not say they will house people. There is simply not enough accommodation in some areas and this is the sorry consequence. As Barry says the small fine will not be a deterrent to others contemplating doing the same thing. Councils need to build more affordable housing. Governments need to stop trying to reduce number of good B2L landlords by heavy taxation.

From: Wendy Copsey 22 June 2018 11:13 AM

Wendy Copsey
My tenants tend to stay a long time. One family stayed for almost 10 years until they saved deposit for their own property. On average about 7 years.

From: Wendy Copsey 22 June 2018 11:05 AM

Wendy Copsey
One full day per week, really? I have 5 B2L properties and 3 let to family and 2 let to couples. Apart from the annual gas certificate and an occasional maintenance repair, which a workman will be instructed to do, I would say on average I only spend less than 1 hour on per week. I vet thoroughly before I let to a new tenant move in and most new tenants come from relatives of those who I am already renting to. They sign agreement and inventory, get given renters guide, and sign to say they have received it, I do reading of gas and electricity and they sign to say they agree. They pay money and bond into my account and are given keys and alarm codes. I cannot understand why a landlord would need to spend over a day each week for each property.

From: Wendy Copsey 22 June 2018 11:03 AM

Wendy Copsey
It is worth having good insurance as that is one of the few cost that is still deductible against tax.

From: Wendy Copsey 22 June 2018 10:52 AM

Wendy Copsey
I always take 1 months deposit in case tenant trashes property or skips off without paying last months rent. 3 weeks is not enough unless the tenant provides a guarantor that will pay rent if they leave without doing so or pay for property to be reinstated to standard it was when they entered property.

From: Wendy Copsey 20 June 2018 11:19 AM

Wendy Copsey
I have 5 B2L and only raise rents every third year but have had to warn tenant families that unless government reverses tax changes I shall have to raise rent in line with inflation every year. I hate to do it as nice families with children and on not so high incomes but I have to pay mortgages. There are plenty of people wanting to rent and I have a waiting list but hope my current tenants not priced out of their home.

From: Wendy Copsey 14 June 2018 09:23 AM

Wendy Copsey
I have 5 B2L houses on mortgages and have up to now only raised rent in line with inflation every third year. I have tenants who have rented with me in one property for 8 years and the others for 4 or 5 years. I have had to warn them that in future I will have to increase rents by inflation every year which I really don't want to do as nice families living in houses with children on limited incomes. I am certain it is the kids of family who rent who will miss out as left money left for their activities and treats.

From: Wendy Copsey 14 June 2018 09:13 AM

Wendy Copsey
If everyone who was here legally was issued with a National Identity Card Landlords would know who they could rent to and who not to rent to. Government to blame for wooly situation.

From: Wendy Copsey 14 June 2018 09:03 AM

Wendy Copsey
Government did this in bid to allow less competition for first time buyers but what stops first time buyers from buying their first home is not competition from buy to let, they cannot afford the deposits or satisfy the tougher new regulations to buy.

From: Wendy Copsey 12 June 2018 10:06 AM

Wendy Copsey
I really hate how this government is making Landlords do their work; like checking for immigration and handing out booklets on how to rent. I don't think it should be up to Landlords to give tenants booklet on how to rent. Tenants should get it for themselves from places like library or CAB; they are after all the renters. Government should pay agents to check immigrants and those here legally should be given a card.

From: Wendy Copsey 31 May 2018 11:12 AM

Wendy Copsey
I am a Landlord and I don't charge anything for vetting tenants, contract, inventory or changes to lease or lease renewal. I know a lot of other Landlords don't charge for these things either This legislation change will not affect many Landlords.

From: Wendy Copsey 31 May 2018 08:46 AM

Wendy Copsey
Lou thank you for useful link. I did not know about it but will be using in future.

From: Wendy Copsey 03 May 2018 11:31 AM

Wendy Copsey
I agree there are a small number of rogue Landlords who provide sub standard accommodation, but there are also a few rouge tenants who go from property to property trashing the property or leave owing rent and unless they have a CCJ they do not show up on credit referencing to warn future Landlords. By having both bad Landlord and bad tenant list it is balanced and fair to both. I am fed up of all legislation being in favour of tenant.

From: Wendy Copsey 03 May 2018 11:16 AM

Wendy Copsey
This is horrendous for the Landlord who has clearly tried everything within her power to access the property. The tenant seems to have mental health issues. A pity there is not a bill allowing guaranteed access for Landlords to do a mandatory annual checks that tenants cannot refuse entry. If a tenant refuses a Landlord entry to do these checks it is really difficult and a Landlord has to seek legal help to gain access.

From: Wendy Copsey 03 May 2018 11:08 AM

Wendy Copsey
We normally only charge 4 weeks deposit. However after reading about new Bill maybe in future we should move to the 6 weeks to standardise with other Landlords. New legislation works two ways.

From: Wendy Copsey 03 May 2018 11:01 AM

Wendy Copsey
We pay letting agent to reference and financial affordability check potential tenants for us. We pay for that service. The letting agent charges individual tenants to reference check and financial affordability test. This may not be charging for the same service twice but simply splitting costs between Landlord and tenant. If Landlord get higher bill from agent as they can no longer charge tenant their share of bill we will simply put rent up to cover our additional costs as I am sure any business would do. Not very bright in parliament are they!

From: Wendy Copsey 03 May 2018 10:54 AM

Wendy Copsey
Download does not work.

From: Wendy Copsey 02 May 2018 09:24 AM

Wendy Copsey
A pity landlords don't get equal protection from nightmare tenants who don't pay rent and trash property.

From: Wendy Copsey 08 February 2018 16:48 PM

Wendy Copsey
Councils had houses and then they sold them all off. They created a housing shortage as they no longer had enough homes to house the needy families. Landlords fill a void and without Landlords there would not be enough accommodation to house people and many would be homeless. Let us not forget Landlords pay tax on earnings so contribute to economy.

From: Wendy Copsey 02 February 2017 11:11 AM

Wendy Copsey
I have 3 2 bedroomed and 1 3 bedroomed property that are very well maintained and have had the same hard working tenants for several years; one couple stayed for six years whilst saving a deposit for their own home. I could charge more but up until now I have only raised rents every 3 or 4 years as inflation has been very low and I have made a fair return on my investments however I am going to raise rents for January and will continue to raise each year to offset some of my loss due to Osbournes punitive tax changes. Hammond will find out BTL investors will either raise rents or sell up. Neither of these will help tenants who often rent for a few years whilst they save a deposit.

From: Wendy Copsey 03 November 2016 10:58 AM

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