|
|
|
Problem tenants
 non-uk resident tenants |
 11.2.2009, 22:52
Post
#1
|
|
 User  Group: User Posts: 29 Joined: 2.2.2009 Member No.: 4  |
Did anyone have a problem with tenants who were not uk residents? We had tenants who one day simply left the property without paying rent. They also managed to accumulate quite a few debts (unpaid bills, etc). Are there are any remedies/insurance against such eventualities? Could anything be done to find them and take them to court?
|
 |
 
|
 |
Replies
(1 - 8)
|
2.3.2009, 0:05
Post
#2
|
|
|
User Group: User Posts: 22 Joined: 1.3.2009 Member No.: 24 |
QUOTE (ivolga @ 11.2.2009, 21:52)  Did anyone have a problem with tenants who were not uk residents? We had tenants who one day simply left the property without paying rent. They also managed to accumulate quite a few debts (unpaid bills, etc). Are there are any remedies/insurance against such eventualities? Could anything be done to find them and take them to court? Chasing tenants who may have left this country could turn out to be a rather lengthy, costly and pointless exercise. Having an appropriate insurance protecting against such eventuality may be more beneficial, although I'm not sure whether this is available in respect of non-resident tenants. As far as utility and other debts are concerned, the landlord should not be held responsible. |
|
|
|
|
3.3.2009, 0:12
Post
#3
|
|
|
New member Group: User Posts: 6 Joined: 2.3.2009 Member No.: 33 |
QUOTE Did anyone have a problem with tenants who were not uk residents? I am sorry, but with all my respect to our people, there could be problems not only with non-UK residents. Nevertheless, having unconscionable tenants is a vital problem in Buy To Let mortgages. First of all you have to take your contract and visit a solicitor. Consider what he advices and then you will probably know what to do and how to act. |
|
|
|
|
3.3.2009, 1:28
Post
#4
|
|
|
Senior Group: User Posts: 36 Joined: 2.3.2009 Member No.: 32 |
QUOTE (Sudden Earl @ 2.3.2009, 23:12) I am sorry, but with all my respect to our people, there could be problems not only with non-UK residents. Nevertheless, having unconscionable tenants is a vital problemin Buy To Let mortgages. First of all you have to take your contract and visit a splicitor. Consider what he advises and then you will probably know what to do and how to act It's ok if you have a portfolio big enough to afford solicitors fees as such matters are unlikely to be covered by legal aid. I think it's best to try and roughly work out your losses, then decide whether it's worth getting involved in legal battles. |
|
|
|
|
4.3.2009, 0:37
Post
#5
|
|
|
New member Group: User Posts: 3 Joined: 3.3.2009 Member No.: 34 |
Talking on this specific topic - there are services of rent-guarantee insurance. The landlord is kind of protected, having this option, if he gets bad tenants.
Ask your broker of this type of insurance in Buy To Let options. You will not have to pay any extra fees, so it probably would be the best choice to make. |
|
|
|
|
9.3.2009, 0:19
Post
#6
|
|
|
Senior Group: User Posts: 36 Joined: 2.3.2009 Member No.: 32 |
QUOTE (17 o'clock @ 3.3.2009, 23:37) Talking on this specific topic - there are services of rent-guarantee insurance. The landlord is kind of protected, having this option, if he gets bad tenants. Ask your broker of this type of insurance in Buy To Let options. You will not have to pay any extra fees, so it probably would be the best choice to make. I think rent-guarantee insurance is not applicable if your tenants are non-UK residents. Renting your house is always a risk, but I personally believe it's still the one worth taking! |
|
|
|
|
28.3.2009, 23:56
Post
#7
|
|
|
User Group: User Posts: 29 Joined: 2.2.2009 Member No.: 4 |
Thanking you all kindly. It was awhile ago when it happened to us and at that time we did not take any action because we did not think there were any remedies. Now I know more, but still think, will take no action as it may turn out to be too costly. There are also some useful comments in the 'rent-guarantee' topic, it seems that non-UK resident tenants would not be covered by any such policy. It's wonderful to have an opportunity to ask questions and exchange opinions, hope we can continue using this forum!
|
|
|
|
|
29.3.2009, 10:14
Post
#8
|
|
 Senior Group: User Posts: 57 Joined: 14.2.2009 Member No.: 9 |
It's me again, spending my Sunday morning forum surfing! (IMG:style_emoticons/default/rolleyes.gif) Are non-UK resident tenants always a problem? Anyone had a positive experience? I hate to repeat myself, but I'm looking at renting my property soon and would prefer to know what to expect, what to avoid, etc, etc.
|
|
|
|
|
27.12.2009, 12:43
Post
#9
|
|
|
New member Group: User Posts: 2 Joined: 27.12.2009 Member No.: 1007 |
QUOTE (harry stoughchrat @ 29.3.2009, 10:14) It's me again, spending my Sunday morning forum surfing! (IMG:style_emoticons/default/rolleyes.gif) Are non-UK resident tenants always a problem? Anyone had a positive experience? I hate to repeat myself, but I'm looking at renting my property soon and would prefer to know what to expect, what to avoid, etc, etc. I rent my property out as multiple occupancy to Polish and English, the only problems I have ever had are with the English..... This post has been edited by scottratt: 27.12.2009, 12:43 |
|
|
|
 |
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:
| Lo-Fi Version | Time is now: 12.2.2012, 11:06 |