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matthew barr

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About matthew barr

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  1. All I run a small property management company (only my own properties and a few for people I know). I set up a limited company to run the business and have only recently employed one person. To pay staff I thought It would be a good idea to use HMRCs free payroll software however this seems pretty basic doesn't record pension payments which I have to do separately. Can anyone recommend payroll software to use, preferably free thanks Matthew
  2. All I have had condensation issues with two of the properties I own which leads to mould on walls in certain areas. I have had these properties a while and even lived in one of them. Some tenants don't seem to have condensation issues when they stayed and neither did I when I lived in the house but other tenants have had issues which makes me think its a lifestyle issue. Im not really looking at the causes of condensation as I must have heard them all over my time but does anyone have any tips on how to explain to tenants that the condensation issue must be something to do with the way they are living as most tenants say it is not them and that the issue must be damp. Also due to my generous nature I have often said to the tenant I will paint the walls with anti fungal paint or provide them with paint however I am getting a bit tired of painting walls when this issue occurs. I was thinking of including a clause in my lease that says that condensation is the tenants issue and its up to them to clean / paint. Has anyone taken this approach, how did it go down with tenants? or does anyone have any good advice for condensation? thanks Matthew
  3. All I have issued notice to quits in the past with success. However this time the tenant has said they are not leaving, therefore I will have to issue an AT6 and get a court order. When issuing the AT6 which one of the 17 clauses to do you use if the tenant dosent leave after the notice to quit have been issued? I would say clause 10 but want to check for definite. Also am I right in saying that the AT6 must be sent recorded delivery and not just receipt of posting. I have also been told to get a sheriff officer to serve the AT6 so that the tenant has definitely received the document. thanks Matthew
  4. guys the issues was resolved and the tenant sorted out her benefit claim. However I spoke to the council and about this and they told me that if there had been an overpayment they would have come to me for the money. I also asked the council if this situation would still apply if the rent money was paid to the tenant first and not directly to the landlord. The council said they would still come to the landlord for the money, which I totally disagreed with and put an argument up. However I wasn't getting anywhere and when I asked to speak to the management I was told I couldn't so I just gave up. I still think this cant be right? Thanks for all the responses Matt
  5. I put curtain poles in the flat. The tenant has since put her own curtains up. I will go with curtain poles in the future as putting blinds in is not worth it thanks for responses Matt
  6. All As I looked through this Forum I noticed some put up a book recommendation post. I like books but I have started watching documentaries at night before bed as the quality of TV nowadays since the Sopranos finished is garbage except for the football. Netflix is also full of rubbish but some of the documentaries I have found have been brilliant. Some of the ones I have watched that are kind of business / economy related are 1. requiem for the American dream 2. chasing madoff 3. 13th 4. queen of vesaille 5. the true cost 6. the truth about lying 7.capitialism: a true love story 8. there was another one with the guy that used to be in monty python about the economy but I cant remember the title. However the best documentary I have found is called "the four horseman" which is on youtube. Truly eye opening about what's going on in the world. does anyone have any good documentaries to watch about business / economy? thanks Matt
  7. I have had 4 guys in the village I stay, in Scotland, start to invest in property to let out and also flip. They have definitely caught the bug and are now talking about all sorts of deals. As soon as I heard about this alarm bells started ringing and as a result I am not buying any more property to hold as these are the people that drive the asking price up. However I may start to try my hand at flipping (which I haven't tried before) to ride the wave of house price increase.
  8. All Really not sure if this question should even be in the Property Hub podcast but Quantitive Easing was mentioned on the podcast a few months ago. I cant remember the specific episode but it was mentioned that the Bank of England was starting another round of Quantitive Easing. if someone can even remember what podcast number it was m mentioned in I could ask the question in that specific forum? however my question is: I am no economist but after listening to that episode and how the bank of England creates money to lend to banks to pass I have noticed that the pound has been lowering in value. Has this been a result of Quantitive Easing or has it been a result of Brexit as reported in the media? Maybe someone on the forum that understands economics could answer this or could suggest somewhere that would know the answer? I am curious to know thanks Matt
  9. All I have always rented out my properties with venetian blinds in the hope that this attracts a better quality of tenant. However I don't think I have ever had one tenant return the blinds in the condition they had them whether it is the chord has snapped, the blind has been damaged or just needs cleaned. Therefore I am in two minds whether to supply blinds anymore. I was thinking between a roller blind or curtains. What do other people use when renting out a property thanks matt
  10. All I recently received a letter from my council saying that one of my tenants is under investigation for having been receiving more benefit that they were entitled too. The letter stated that because the this was paid directly to me as rent the council will be coming to me to recover the extra payment rather than the tenant. I think I have heard about this in the past so may have to accept this unless someone has a way around this? Would the council want all the money paid up front immediately? In future is there anything that I can do to protect me from this and ensure my tenant is getting the benefit they are supposed to be getting? I have said to tenant that if this turns out to be the case she will have to leave the property. However the tenant has said that she will tell the council that she will take responsibility for making up her benefit and not come to me for the money. However would the council go for this scenario - I don't think so? any advice on this situation would be welcome thanks Matt
  11. All I have a number of properties which I self manage and therefore I have to remember to get tradesmen to carry out gas cert etc. Previously I just to log the dates these were due on a wall chart in my office which was sufficient. however with all the new legislation that has been brought in for the landlords to carry out EIRC, PAT testing, Gas certs, Legionella I am finding it hard to remember when all these are due without having to dig out the paperwork and go through it. Does anyone have any good systems they use for remembering when to carry out this work? thanks Matt
  12. All I have a number of properties which I self manage and therefore I have to remember to get tradesmen to carry out gas cert etc. Previously I just to log the dates these were due on a wall chart in my office which was sufficient. however with all the new legislation that has been brought in for the landlords to carry out EIRC, PAT testing, Gas certs, Legionella I am finding it hard to remember when all these are due without having to dig out the paperwork and go through it. Does anyone have any good systems they use for remembering when to carry out this work? thanks Matt
  13. Hi I was quoted £144 from wise property care for a dampness survey to be carried out on a property I let out. I can remember 5 years ago getting a survey for £50 from them which I thought was reasonable. £144 seemed slightly high to me. Can anyone recommend a company that would survey for less? thanks Matt
  14. im meeting with an accountant from Cumbernauld soon about moving my properties to a limited company. I let you know how it goes
  15. Simon I posted recently on a similar topic. I have found a property next to a property I rent out in Glasgow. It needs a lot of work and is listed at £65k. The house I own near to it is identical and I reckon would value at £90k when complete. My plan would be to rent it out and re-mortgage it to then go on to buy another property. My broker has spoke to some lenders and they have said they wouldn't give a buy to let mortgage on this property in its condition as it needs too much work. He mentioned about using a bridging loan if I can find one and then take a mortgage out in 6 months time to pay off the bridging loan. However He does not deal with bridging loans. As you mentioned in the post above you deal with bridging finance. Is this something you could help out on? Thanks Matt
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