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  • In the Spotlight

    "The Week the Landlords Moved In" - Ep. 4

    Did anyone else watch this? I only did because one of the properties was close to me.

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    No, I was not aware it was starting up again.

    I believe it featured another "wealth creation" expert, Ben Chai, otherwise known on facebook at Pylon Chiaz.  I have had a number of run ins with him regarding some of his claims about his own wealth and success.  

    His facebook page describes him as "CEO of Propertunities" - but I was unable to find any company of that name with him as a Director.

    The programme can now be viewed on iPlayer.

    Perhaps you could give some insights into the programme for those of us who missed it?

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    Yeah I watched it.

    Yet again LL not doing what they should.

    There is no way I would have allowed to occur what was occurring.

    There seems to be a general lack of competence from LA and LL are not checking up on their LA performance.

    LA clearly are NOT doing what they are being paid to do.

    LL simply CANNOT presume that their LA is doing a good job.

    They need to carry out mystery shopping by contacting their tenants at the concerned property to ascertain the LA is correctly managing things.

    It seems that COMMUNICATION is a major problem and tenants justifiably are frustrated at failure to have their concerns addressed in a timely fashion.

    Something that none of my tenants could ever accuse me of.

    I am perhaps guilty of over communication!!

    It is simply not viable to pass all responsibilities to LA as they are proven to be mostly incompetent.

    Such LA are damaging the LL business

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    In defence of LA's the show would be much better if they also interviewed them as I suspect in many cases the tenants have complained to the LA , the LA has told the LL who decides to ignore them to save spending money. Without the voice of the LA you are only hearing 1 side of the story.

    Why would a LA ignore a complaining tenant - I don't ?

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    Yes perhaps in the LA defence they should have the right of reply to what tenants complain about.

    As it stands both LL and LA are getting it in the neck from tenants.

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    I  didn’t see the program but the comments on here reinforce my opinion that if you use a letting agent you end up managing a property and a letting agent. 

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    Only if you instruct a poor Letting Agent - if they are no good then sack them and choose another one based on recommendation from another Landlord - that's how we grow our business from satisfied Landlords recommending our services to others.

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    As with all things LL

    If the LL takes on a duff LA or duff tenant it is ultimately the LL fault!

    Nobody forces LL to take on these duff people.

    It is I'm afraid up to the LL to manage things properly.

    It seems many of us do not pay enough attention to managing our business..

    That is the fault of no one other than ourselves!

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    I see LAs often getting slammed for the failures in properties and whilst this may be their fault I would suggest reality may lead you to a different conclusion.

    I sit on both sides of the fence in so much as I am a LL and I manage some properties for clients. My experience is a lot of time I report faults immediately to the LL and for one reason or another (mainly cost) they are unwilling to expedite a solution. Sadly in these scenarios we the LA would look like the bad guy but my point is you just don't know all the facts.

    You should remember that the LA has no interest in keeping repairs a secret as it will not cost them anything to resolve so unless they are just grossly incompetent I would suggest a lot of the time it is the LL who prevent repairs being carried out. I would also add that for one reason or another a lot of the time the tenant never reports the faults and this will obviously prevent resolution.

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    Landlord with 25 years’ experience in the property market and a specialist in tenant referencing, ID and credit screening. Creator of identity, credit and anti-money laundering system ValidID.co.uk

    I paid more attention to the one in Stalybridge where I live. There doesn't seem to have been a LA involved. It sounded like the LLs business partner was responsible for managing it. Their main business seems to be as mortgage brokers for foreign clients.

    They said the roof was damaged last winter whcih makes sense - https://www.manchestereveningnews.co.uk/n...s-12210145 Given the extent of the problems locally a bit of delay fixing it seems reasonable, though 3 months seem rather long, and it looked like it wasn't fully fixed.

    My impression is that they do not have the systems in place to do a good job as landlords.

    The student housing looked luxurious compared to where I stayed in the late 70s. The faulty hob seemed dangerous and should have been replaced immediately the electiricians said it could nto be fixed. I had a fauly water pump like that at one time. - annoying but livable with (unfortunately expensive to replace for me as the builders had fitted the wrong valves which had jammed with the hard water in that area).

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