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What is a reasonable rent reduction for my lovely tenants!

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Author Topic: What is a reasonable rent reduction for my lovely tenants!  (Read 65 times)
Newbie
Posts: 11

I like property

« on: November 22, 2021, 08:45:56 PM »

Unusual ...... I know...... but I have great tenants in one of my flats. 

It has taken my freeholder - Wandsworth council, 17 days to stop a serious leak which basically meant one of the girls has had to move out of her room - its been gutted and is drying out.  Its a small maisonette which I have kept in very good condition as I believe in looking after my property - so one girl has had to relocate to the main living, kitchen area as her bedroom, along with all her stuff.   Her bed and mattress are in the corridors, and  I bought a new sofabed as shes been sleeping on the floor -  these are girls really worth keeping !  The kitchen cabinets are going to have to come down  as well to dry out and get repainted.  But mainly its  just been a nightmare for us all to deal with the freeholder and we have done it as a team.  I even received a bunch of flowers from the girls last week thanking me for my efforts!  wow - I can hear you all reeling in admiration!!

So now dealing with the insurance - Wandsworth council insurers agreed to deal with a rent reduction as part of the claim.   I don't know what is a realistic figure.  So far its been a month of mayhem with maybe another month before its all over.  I really want to keep these girls and they couldn't be more deserving of as big a break as possible.  Is there a formula for working out the rent reduction?  One girl out of her room for over a month - the other girl inconvenienced by living area now a bedroom and kitchen disrupted.  Not to mention the stress of trying to deal with the negligent council for 17 days.

Looking forward to your thoughts .
Global Moderator
Hero Member
Posts: 4330

Abuse Officer

« Reply #1 on: November 23, 2021, 11:13:01 AM »

If it's a Council relating to Insurance... I'd try 100%. If they balk at that then I'd try for 75% - one person of 2 left, and the other had restricted access to the property. Councils are mostly a bit stupid, but it could work out.
Jr. Member
Posts: 88

I like spoons

« Reply #2 on: November 26, 2021, 11:29:07 AM »

If it's a Council relating to Insurance... I'd try 100%. If they balk at that then I'd try for 75% - one person of 2 left, and the other had restricted access to the property. Councils are mostly a bit stupid, but it could work out.

Agree completely - why not try for 100%?
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