Property collspse

[Hooby Farmer]

I hope it holds up, I'm currently trying to sell a house but the tenants won't move out, they have over stayed their 3month notice and are now refusing to leave .

 

[ewald]

I hope it holds up, I'm currently trying to sell a house but the tenants won't move out, they have over stayed their 3month notice and are now refusing to leave .

Good luck - if you have knowledgeable tenants they will sit tight for a long time, realising that they hold all the cards.
It would hurt, but it might be worth offering some fairly serious money to get them out.

 

[robs1]

Plea all he likes. Opec are bound by a supply agreement and they are at capacity now. Russia is also party to the same agreement, so good luck getting blood out of a stone.

I'm not sure where you sourced those figures from but the ones I saw said open has enough capacity that is obtainable in 30 days to cover Russian output.

 

[teslacoils]

Govt will do whatever it can to keep house prices going up. They're the only thing that's kept making the UK "richer" fir 20 years.

 

[serf]

Good luck - if you have knowledgeable tenants they will sit tight for a long time, realising that they hold all the cards.
It would hurt, but it might be worth offering some fairly serious money to get them out.

Yep the jobs against you these days if you got tenants and they want to be A holes just for fun !

 

[Clive]

Russian money only really supports the London money laundering bubble - will hit that market but London prices have nothing to do with the rest of the uk whatsoever

 

[slackjawedyokel]

I hope it holds up, I'm currently trying to sell a house but the tenants won't move out, they have over stayed their 3month notice and are now refusing to leave .

Good luck. I offered tenants that wouldn’t leave after a S21 ~6 months worth of rent to go. They stayed and start to finish it took 20months during covid for the bailiffs to arrive. They still hadn’t packed their stuff then! No way I want to be a landlord without S21!!

 

[unlacedgecko]

Good luck - if you have knowledgeable tenants they will sit tight for a long time, realising that they hold all the cards.
It would hurt, but it might be worth offering some fairly serious money to get them out.

That fairly serious money needs to be 4 figures. My tenant had her lease expire in Oct 19. Took me until Jan 22 to get rid of her.

 

[unlacedgecko]

I hope it holds up, I'm currently trying to sell a house but the tenants won't move out, they have over stayed their 3month notice and are now refusing to leave .

rubbish to the paperwork route and seek eviction by any other means you can

 

[Wombat]

rubbish to the paperwork route and seek eviction by any other means you can

The issue is the quirk in the legislation that means if they voluntarily leave they have to find their own home, if they are forced out by a court etc then it’s upto the council to rehome them. So if they no the rules they won’t leave

 

[unlacedgecko]

The issue is the quirk in the legislation that means if they voluntarily leave they have to find their own home, if they are forced out by a court etc then it’s upto the council to rehome them. So if they no the rules they won’t leave

I'm well aware. See my earlier comment. 28 months to get rid of a tenant, with the looming threat of prosecution by council over outstanding repairs.

 

[Hilly]

Could the Russian exit from property crash it like lloyds did 30 yrs ago?

In your dreams .

 

[Hilly]

Could the Russian exit from property crash it like lloyds did 30 yrs ago?

You socialists always to to capitalise on others misery , unbelievable.

 

[Secret Agronomist]

Probably as we bought a place 8 months ago. Needs renovating so happy if demand plummets so I can get someone to do it.

 

[Nithsdale]

Me too. I fancy a 15 bedroom house in the Home Counties and a 150m yacht.

As far as crashing the property market goes, it’s only likely to reduce demand for a particular type of property, not for the vast majority of houses.

I'm not quite so greedy! 10 bedrooms would maybe do, at a push

I am by nature a saver, and it is blindingly obvious that I will never retire on my savings... but I have now amassed enough for a very good deposit on a modest house as a buy to let

 

[Al R]

I'm well aware. See my earlier comment. 28 months to get rid of a tenant, with the looming threat of prosecution by council over outstanding repairs.

Any way of doing anything to the property to make it “condemned” without costing to much money to rebuild?

 

[warksfarmer]

I hope it holds up, I'm currently trying to sell a house but the tenants won't move out, they have over stayed their 3month notice and are now refusing to leave .

Quite easy to get rid of tenants if needed. Trap some farm rats. Release them by the house wall at night and then keep feeding them at night. It works!

 

[primmiemoo]

Some terrible landlords out there. This shows what happens when a greedy so-and-so buys property which has good tenants, but wants to cash in on location and, at a guess, airb&b profiteering ~

Devon families face eviction after rent surge

Residents say they have been priced out of their local area, with one family seeing a rent increase of over £300

www.devonlive.com

 

[milkloss]

A bit like art, fancy watches, diamonds and antique cars..... London property is held by shell companies to move dodgy money about and I very much doubt our gov can, or really want to, get to the bottom of it. The 'property market' doesn't include these dodgy assets anyway.

 

[unlacedgecko]

Any way of doing anything to the property to make it “condemned” without costing to much money to rebuild?

Sounds illegal?

She's out now anyway. Was thrown on to the street by bailiffs end of Jan, and the locks changed. Property now on the market.

Check out this 2 bedroom end of terrace house for sale on Rightmove

2 bedroom end of terrace house for sale in Colne Bank Avenue, Colchester, Essex, CO1 for £169,995. Marketed by Saxons Estate Agents, Colchester

www.rightmove.co.uk