Bats in the belfry, windows are jammed - London flat renting, deposits & landlords

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Howard in reply to @Prole.

It seems that way the way they're going. We got them down slightly on the rent when we moved in, so I can only assume their agent has advised them that we're now paying well below market rate for a two bed in the area (it can't be more than 10% less). Seems they're just playing hardball from the start.

If you've been good tenants then you can use that to advantage if it comes to negotiations. As b&d suggests Landlords do not want empty properties and taking on new tenants brings risk.

At the same time our landlord has asked us for permission to come round to get the property 'revalued by her mortgage company', which makes me more suspicious. Assume she's either looking to buy more properties before the stamp duty changes, or she's looking to sell?

Might be looking to take equity out to fund another property or sell, perhaps.

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handtightenonly in reply to @Howard

More likely to be equity in all honesty. None of these guys want to realise their assets because CG would cripple them.

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Howard in reply to @handtightenonly

Yeah. Unless you are a reluctant landlord and want to offload that cash-cow that's dragging you down. Can't imagine there's too many of them left in London, though.

Reckon your old man could get himself a tidy little business going doing handywork for people like me. Not based in east london by any chance is he?!

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