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A long term Tenant of mine has passed away (story here) and it fell to me and her friend (Executor) to arrange the Funeral and disposal of all of her belongings
In a word the Flat was in one hell of a mess she was a heavy smoker and a hoard and the property was in need of major repairs before I could re let the property again
I have spent a lot of my time overseeing all the funeral arrangements and the repairs of the property
I haven't gone over the top I have tried to do the work at cost only replacing and renewing what was needed and I have a full list of the repairs schedule with all the Tradesmen's and suppliers to carry out the work
The total bill for works is around £7000
I have a detailed list of travelling costs which I intend to lodge
The question I have is can I charge for my time for over seeing the work and arranging the supplies and If I can charge for my time how do I work out a rate which is reasonable or do I simply put a charge on the final Bill as a percentage?
The Tenant was a good person and I don't wish to take anything more than my costs
Your thoughts please on this sad topic ... The fun of being a Landlord.
Learn Change and Adapt ?????
All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.
Are you asking can you charge the deceased estate for your time as well as your time to project manage the works?
Or, if you can offset your charge in addition to the obvious stuff.
My advice is; if you are charging the deceased estate for Project Management, for a small project like that I would charge in the region of 1,000 - 1,500. (I wouldn't charge for the time spent on funeral arrangements) - By the way what a lovely thing to do, top man,
If you are referring to offset the Project Management charge, I wouldn't bother as you would only have to pay further tax on the charge? (Though it may be less under different tax liabilities)
Hope that helps, and yes Landlords are not just landlords. And we get bad press!
I had no intention of changing to go to the funeral
she was good to me but left such a lot of work behind
its taken over two months to do this job
there is money in the estate and I only wish to claim what is due
yes the press never report this sort of thing
it’s a very sad thing to arrange a funeral for some one who has no family
to stand alone at a funeral with only a vicar and an undertaker is an awful experience and I hope I never have to do it again
she has left money to charity too and I just wish to do things right
I handed the case to a solicitor and I am working with the executor
thank god she did a will and had life insurance
What an incredible thing you have done. I take my hat off to you. Its a sad story and its so nice to hear you where there with her until the very end.
I think you are doing the right thing, then. Again for PM work at 7,000 I would charge circa 1,500. (Though this will depend where you are, if based in the South probably more)
Or maybe I am under-charging.
You are definitely doing the right and honourable thing. Well done you.
I cannot comment on the figures because I am a novice but I can comment on your humanity 'Dyslexic'. As usual you are setting the rest of us an example; you are causing us to consider our values beyond the obvious and courageously sharing. I hope I can develop the balance of head and heart you demonstrate. Bless you.
Hi Julie I just do the best I can
we all learn in the landlord game
Very nice to hear that some people still have the common decency to deal with such unfortunate events properly and with an element of respect. I would suggest that asking for a reasonable charge is fair. Perhaps just ask the Executor and solicitor what they think is a reasonable amount. Your handling of this matter is a example of how good landlords are not just money grabbing people but honest upright individuals trying to be fair and make a difference to the world today. You have my full respect.