Bailiffs and evictions..

Foot Long Hot Dog · January 25, 2015

Tramps_mate said:
We're looking for a buy to let currently.. Where did you buy them from?

Through agents mate. Some are auctioned, but most are now put with agents. They'll never advertise them as repo's but they're easy to spot on rightmove. Empty, unloved, generally with appliances removed etc.

I've seen some were they've taken everything down to the light switches and skirting boards. You need a strong stomach like, as it can be a tad upsetting, as you're dealing in someone else's misfortune.

Tramps_mate · January 25, 2015

Foot Long Hot Dog said:
Through agents mate. Some are auctioned, but most are now put with agents. They'll never advertise them as repo's but they're easy to spot on rightmove. Empty, unloved, generally with appliances removed etc.

I've seen some were they've taken everything down to the light switches and skirting boards. You need a strong stomach like, as it can be a tad upsetting, as you're dealing in someone else's misfortune.

Yeah not easy. I'd love to get stuck in to another refurb again. Done 3-4 now that we've sold on..

glorydaze · January 25, 2015

The Cowboy said:
What sort of property do you live, if you don't mind me asking? I think there is a distinct lack of appropriate shared housing for older (not elderly) folk. A nice place with a shared bathroom and kitchen could provide a more affordable alternatives to bedsits or houses/flats that could be too large or expensive rent-wise.

I live in a semi, my landlord is brill he has not increased rent in five years. You are right ther are few if any appropriate housing and this bedroom tax makes the queues very long. Moving is difficult as I said because of the need for deposit and month in advance,( approx 1200). And then having to wait for deposit back on this. I would downsize but this is great value for money, cheaper than most flats.

The Cowboy · January 25, 2015

glorydaze said:
I live in a semi, my landlord is brill he has not increased rent in five years. You are right ther are few if any appropriate housing and this bedroom tax makes the queues very long. Moving is difficult as I said because of the need for deposit and month in advance,( approx 1200). And then having to wait for deposit back on this. I would downsize but this is great value for money, cheaper than most flats.

If your deposit is held in the Deposit Protection Scheme (which it should be), then it can be transferred rather than you having to pay the new deposit then claw back your existing on.

PS It's not a tax.

Stoic Ape · January 25, 2015

thanks for the top tip

Reidy's Bottle Of Grecian said:
Had a few dealings with Court Bailiffs, evicting folk that haven't paid their rent. 1 in Warrington told me that there are a few that just keep cropping up again in the syst....

they'll rent a property off a landlord that comes to collect the rent, pay deposit & 1st rent on some tip of a terrace thats as cheap as possible, when he next comes for rent they tell him to Jog On, he tells them to get out & they say that if he gives them a 2 year reference they'll rent somewhere else from an agency and be out asap.

They then go in a rental agency and get as nice a place as they can, he has to back up the ref. or he wont get rid of them.

They then move into a gaff paying whatever they 1st have to pay & then no more, they go to CAB for advice citing all kinds of unresolved issues and are advised to become sitting tenants, this then prevents the landlord/agent from getting advice there as it will be a conflict of interests.

They than sit back knowing that they can ride it out rent free for a good while whilst it goes through the courts... sometimes (often) over a year.

When the rent is being paid by housing benefit the agent thinks theyre good for the rent as its paid direct, but if theres any change in circumstances that the tenant reports then the benefit then gets paid to them... which they then pocket.

Given how much folk ended up paying for them with the maximum discounts I doubt many will have got repossessed, they were sold off for amounts that you could draw on a credit card these days, wasnt it about an 85% discount that some got ? and back then they were probably only around £30k at full price.

Weren't endowments all based on the stock market ? I know my in-laws fell foul thinking that after 22 years the endowment should've settled the mortgage but when it came to it the money they'd put into it for 22 years was worth absolutely nothing. There was probably a great deal of underhandedness in the selling of endowments (like PPI) with folk who possibly didnt really understand not having it explained to them clearly enough.
The guy in the vid though it seems has had his mortgage bought by another institution who have changed the terms, maybe he received letters but didnt really understand what they were saying ?

You'd like to think that these kind of things are now unable to happen with regulators/watchdogs & ombudsmen ? I know when a firm wanted me out of their pension scheme they had to make available an independent financial advisor to explain to me the benefits or pitfalls.

Tree13 · January 25, 2015

The Cowboy said:
PS It's not a tax.

At the risk of going off-topic, and incurring the wrath of the lefties, I agree 100% with you on this. It's lazy scaremongering to refer to it as a tax when it is nothing of the sort.

rascal · January 25, 2015

glorydaze said:
In the majority may be so. I receive 360 a month housing, maximum because I live alone. I receive 280 a month job seekers. My rent is 525pm. I cannot move to cheaper housing due to up front costs are beyond my budget. Before you think I am a habitual dole man I have worked almost constantly fo forty years and have applied for 458 jobs in eighteen months with one interview. Over fifties are fookked in today's climate. having said that there are a lot who can't budget and must face the consequences. I finally have an interview Monday.

Worst part is when you've finally gained employment, but the employer doesn't pay your first wage for effectively two months, meaning that you've lost your benefits, and have no income coming in so have to scrape by. It's happened to me recently, unfortunately I had to go cap in hand to the old man. Embarrassment isn't even the word yet I consider myself fortunate.

Dharma · January 29, 2015

Good thread.
Just thought i'd leave this here.

l4toffee · January 29, 2015

I've found they don't like baseball bats and CS gas

So a 'mate' reckons anyway

orly · January 30, 2015

l4toffee said:
I've found they don't like baseball bats and CS gas

So a 'mate' reckons anyway

They wont report because they know they shouldn't be there anyway.

Another industry that needs statutory regulation

Reidy's Bottle Of Grecian · January 30, 2015

Doing a job with a bailiff (court appointed) next week, changing locks cos some lid hasn't paid rent for yonks.

Did a job this morning though where it seemed to me that his Mrs was putting a lock on the bedroom door to lock the lid out, it didn't feel good tbh cos if it's the relationship thats down the pan it might feel like the end of the world to him, kinda empathized with his position tbh.

Of course he may well be a right Rat that deserves it, but his reaction (although he didn't blow up) was "Are you fitting a lock on the door up there..... Oh." So I got the impression he was being locked out of his own room.