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Can my landlord remortgage?

Can my landlord remortgage?

In addition, landlords may choose to remortgage to grow their portfolio – remortgaging to release enough equity to cover a deposit or partial payment on another home – but there are certain rules and regulations in place for portfolio landlords when it comes to affordability and a potential limit on the number of buy- …

Why would a landlord remortgage?

The most common reason for remortgaging is to move on to a better deal where the monthly mortgage repayments are lower. However, most buy-to-let mortgages are interest-only, which means borrowers only pay interest on the loan and don’t actually make any repayments.

What happens if the landlord refuses to repossess an apartment?

If the tenant continues to live in the apartment without objection from the owner, and the owner doesn’t repossess or evict on the scheduled date, the lease is automatically renewed. If the Régie refuses the repossession or eviction, the lease continues.

When to notify the landlord of a repossession or eviction?

Within one month of getting the notice, tenants must notify the landlord whether they agree or refuse to leave ( model of notice from the TAL ). If they don’t do this, they are considered to have refused to leave. A tenant who doesn’t want to leave can try to reach an agreement with the owner.

When to send sample letter from landlord to tenant?

If there is any lease case, you can send that sample letter from landlord to tenant notice to vacate after the lease period. Being a landlord it is your duty to speak frankly with your tenant regarding repairs of house, cleanliness or make them move out.

How to write a repair request letter for an apartment?

Below is a sample repair request letter. You can use this simple format as an effective template to notify your apartment community’s maintenance staff about whatever issue or issues need to be resolved. Simply fill in the information in brackets [ ].

If the tenant continues to live in the apartment without objection from the owner, and the owner doesn’t repossess or evict on the scheduled date, the lease is automatically renewed. If the Régie refuses the repossession or eviction, the lease continues.

Within one month of getting the notice, tenants must notify the landlord whether they agree or refuse to leave ( model of notice from the TAL ). If they don’t do this, they are considered to have refused to leave. A tenant who doesn’t want to leave can try to reach an agreement with the owner.

When to apply for repossession of a dwelling?

A response template is available on the Tribunal’s website or from your local Tribunal office. If the lessee does not respond to the lessor’s notice of repossession within one month, they are presumed to have refused to vacate the dwelling, at which point the lessor can apply to the Tribunal for authorization to repossess the dwelling.

Below is a sample repair request letter. You can use this simple format as an effective template to notify your apartment community’s maintenance staff about whatever issue or issues need to be resolved. Simply fill in the information in brackets [ ].

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