eamonHeggarty

Just thought id give an update as its been 1 year since my last post on this and yes..... Still going after the tenant for Circa £10k due. Ive paid and went with DCBL and although they are knocking on the tenants door (living close by) and sending letters, over 13 months later, nothing has really progressed. DCBL legal team have now issued a Letter before action a couple weeks ago.... so the saga continues. Anyone else been in a similar situation and how did it progress (and hopefully end) Cheers Eamon

@EvolutionBlogger thanks for the advice. I've contact DBCL as @paulrybak has put me onto above. They have asked to wait 4-6 weeks until the ex-tenant will have some form of online data with an address. DCBL did mentioned 80% of their rent arrears are paid on the first letter which sounded very high but fingers crossed that occurs. 20% get the guys calling to their new address. Ill keep the PH community updated and hopefully anyone else reading this can take some advice and value from it. Eamon

*UPDATE* So after a nightmare 13 months my tenant has finally left. It really is a great feeling getting your own property back off scammer. I stepped foot inside my flat for the first time in 6 months yesterday and it was smelly (cat pee/poo), dirty, damaged and broken but EMPTY A long 24hrs later i got it fully repainted and cleaned and hopefully back on the market soon. Thank you for all your comments above. I am currently looking into different ways to recoup the money she owes me (£9,200) + possibly outstanding bills etc. I've came up with a list below, if anyone has any more to add or simply any comments on their experience with getting back rent arrears please let me know. - Money claim Online - Debt Collection agency - Attachment of earning order (NOTE i don't know where she currently lives) Thanks

@nicholas b i do live 400miles away but plan to get down on the day of her leaving. I'm certainty not counting any chickens just yet, I wouldn't be surprised at all if she pulled another delay tactic. Great advise on the checklists and lock changes. I've asked for an address but currently she refuses to give me it. @EvolutionBlogger she has never claimed not to have the money but rather bank account issues and people owing her money etc. When i last met her in person and in the property she has Apple computers and expensive consumables with a good paying job so i don't see the "ive no money card" going down too well. Is there any way to check if your tenant has been paying their council tax and energy bills?

Update! I've served the Section 8 notice and this seems to have scared/kicked her into action. She's now stating that she will be moving out by 19th January 2020 which will equate to 11months of the 12 month STA. On a move out date of 19th January, she will be in arrears of 8 1/2 months rent. All going well and her leaving the property on this date, what would my next steps be in recouping the rent arrears? Thanks again for all the previous comments, they have helped massively. Eamon

@paulrybak & @EvolutionBlogger both thanks for the quick response. I’ll certainly look into DBLC, thanks. I don’t think it’s a problem getting them out as they apparently want to live somewhere cheaper (ironic) but finding their address would be tricky, Can the debt collectors come for rent arrears and unpaid bills too ( energy and council tax?) ive a copy of their passport so that shouldn’t be a problem either. Unfortunately courts seem to be a no go option due to COVID. If anyone has experience during COVID of using the courts I would love to hear about it.

Hi all, I'm just wondering what can actually be done if my tenant won't pay their rent and plans to leave in 1 month without telling me where they are going? Essentially they have been in from mid February and only paid 2 months rent. At no point have they claimed covid has effected them and have also consistently told me they are going to pay and have the funds in their account (they are claiming their bank had blocked them constantly for 7 months) It's clearly evident they have no intention of paying and I believe they are playing the system as no evictions can take place etc. Any advise would be very appreciated. Eamon

Ryan, Thanks for the message and ill certainly add you to the WhatsApp group. Funny enough I'm a Quantity surveyor too (7 years). Who do you work for? I've recently left Robertson construction and going down the sub contractor route now. Also what is your number so I can add you to the group Eamon

I would also like advise on this as i have a very similar situation! Are Tenants basically on free rent for 1 year with no repercussions?

@julia urquhart Would triple glazing and sounds insulation work haha? RICS set the value at £150k (In Scotland a home report has to carried out in order to sell a property, fairly rare you can purchase under Home report). £128k as the seller is motivated to sell and now has moved to the USA. Can you elaborate on "future mortgage options" would me accepting a bad rate now put other lenders off in the future? Or do you mean the property in general for future motgage options? Thanks again

@julia urquhart If the sound insulation is adequate i wouldnt see why not. And for the numbers detailed above would you believe a £22k Below value purchased would be something to push forward with? Yep thanks for challenging as its always good to hear and consider other points. Whats your thoughts on the Mortgage %?

@julia urquhart The pub has actually be vacant for the past 6 months. If this was to change to offices / cafe / barbers then the value of the property again would increase. Going down the Air B&B route im sure location and quality of accommodation would take precedence too?

Hi All, Would appreciate some advice on a BLT im currently about to proceed with. I know there will be differing views on this however im just looking to see what you all think of the below: (Note as its situated above a pub ,lending has been incredibly hard to get and Covid has de risked all banks by the looks of it) Glasgow, 2 bed flat, City center. Value = £150k Purchaser Price = £128k @ 75% LTV Renovation costs £9k End value = £175k Mortgage = 3 Year fix @ 4.64% = £360ish/ month mortgage STA Rent £850/month, Air B&B £1600>£2600 conservative Question: Would you walk away from this deal due to the mortgage rate being terrible. Plan is to refinance in 1/2 years when the banks are back to normal (hoepfully). Thanks, Eamon

Hi All, Would appreciate some advice on a BLT im currently about to proceed with. I know there will be differing views on this however im just looking to see what you all think of the below: (Note as its situated above a pub ,lending has been incredibly hard to get and Covid has de risked all banks by the looks of it) Glasgow, 2 bed flat, City center. Value = £150k Purchaser Price = £128k @ 75% LTV Renovation costs £9k End value = £175k Mortgage = 3 Year fix @ 4.64% = £360ish/ month mortgage STA Rent £850/month, Air B&B £1600>£2600 conservative Question: Would you walk away from this deal due to the mortgage rate being terrible. Plan is to refinance in 1/2 years when the banks are back to normal (hoepfully). Thanks, Eamon

@marc_p 100% there would be interest. I previously contract Property hub to see why they dont run a meet up in the UKs 3rd largest city (glasgow) but they said they couldn't manage it as they only really now have Property hub employees or close connections to run it. Happy to try and get the ball rolling on this with you and see where it goes.