Originally posted by AtW
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
House prices
Collapse
X
-
Moving to Montana soon, gonna be a dental floss tycoon -
Originally posted by TheRefactornator View PostI was after a fully managed no hassle setup and after a bit of shopping around I found the high street estate agent offerings quite expensive both to initially instruct and also run the thing, so I ended up going with a local property management co I had recommended by a friend. So far there have been zero problems, apart from one incident where the bog wouldn't flush and that was transparently sorted in a day on a pre-agreed automatic maintenance agreement for all repairs under the value of £100.
My property management co wrote up the tenancy agreement and found me a tenant for a £100 finders fee and they now take 10% per month forever. I've never had any direct contact with the tenant and rent is received by standing order..no probs so far. The tenant has even installed central heating for me!
And no I didn't tell my lender I was moving a 3rd party tenant in - I just bought landlords insurance, switched the old mortgage from repayment to interest only and advised the lender of the new correspondence address. They just obliged no questions asked for a £50 admin fee..I guess because there is plenty of equity in the place.
Obviously it's cheaper to do the whole thing yourself but I just couldn't be arsed..and it's probably a whole lot more difficult to do this sort of thing with banks the way they are right now - this was all sorted August last year.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment