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Wendy Copsey

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my expertise in the industry

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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

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

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

Typical SNP acts before it thinks through the consequences.

From: Wendy Copsey 29 January 2021 09:37 AM

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

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

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

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

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

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

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

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

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

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

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

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

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

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

From: Wendy Copsey 21 August 2020 10:11 AM

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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From: Wendy Copsey 02 May 2018 09:24 AM

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

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

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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