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Buy to let investors- would you buy if there was one resolved neighbour issue 2 years ago?

38 replies

Nutellaoffaspoon · 18/09/2018 10:33

Hi,

Actually, I'd be interested in personal buyers opinions too, but was asking buy to let investors because we currently have one interested in buying our house.

We have this worry looming, as we know we'll have to declare it. We've had no issues since and it was a one off verbal comment, but it was logged.

I'd really appreciate your thoughts.

Thanks

OP posts:
Nutellaoffaspoon · 20/09/2018 20:06

thecat, sorry? You specialise in gay house share?... Confused I'm not sure what you mean.

I'm not going to "flame" you. I understand how it might sound, but as you've acknowledged, it's perhaps not so easy to understand if you don't have first hand experience.

It's actually very important that these kind of things are reported. It may sound OTT, but he was blatantly taking the piss out of our sexuality. If we were of colour and he'd been taking the piss out of our race, would that be ok?

That said, if most people see it as a non issue, I guess that's good for us.

OP posts:
Nutellaoffaspoon · 20/09/2018 20:13

Good for us in terms of selling that is. Not in terms of attitudes.

OP posts:
thecatneuterer · 21/09/2018 13:11

OP. I'm confused that I would need to explain the concept of gay houseshare. So I have houses in multiple occupation (individual rooms in shared houses), rather than letting to families, and gay people often want to live with other gay people. At the very least they want to live in a house with people who at least aren't hostile to gay people (and it's surprising just how difficult it is to find that - particularly in the cheaper parts of London). So rooms are advertised as 'gay/gay-friendly'. That means, in practice, that around 80 per cent of my tenants are gay or bi. It's actually a particularly good niche to get into from a business point of view as demand is very strong indeed.

And yes, it's of course a good thing to challenge any homophobic comments and, had you not specifically asked for a BTL LL perspective, I wouldn't have dreamed of offering a view on the issue from the point of view of your original complaint, as I don't feel I'm in a position to have a valid opinion.

From a LL buying point of view though there was no campaign of harrassment, no violence, no dispute over noise or parking or boundaries, and you presumably felt able to carry on living there for another two years and I doubt he is the reason you are moving. So there really isn't a red flag from a house purchase angle, as long as the issue is explained.

counterpoint · 21/09/2018 13:25

What's the exact wording where you think you need to declare this?

Usually it's only unresolved issues of a nature to do with the property and not personal matters that are of interest to prospective buyers.

Nutellaoffaspoon · 22/09/2018 12:56

thecat, it was just that you said you specialised in it that confused me. I didn't realise that was a thing. It's really sad that people feel they need to seek out gay friendly places.

counter, I think it asks you to disclose any issues, resolved or unresolved.

OP posts:
PurpleTigerLove · 22/09/2018 13:49

This is a non issue for investors . Honestly they won’t give a shit if they want the house and the price is right .

Fluffyears · 22/09/2018 14:21

Bought two houses in the past 5 years and have never been asked about neighbour disputes etc.

Nutellaoffaspoon · 22/09/2018 14:52

purple, I hope you're right.

Fluffy, really? I thought these sellers information packs were mandatory.

OP posts:
eurochick · 22/09/2018 15:24

Fluffy were you selling? Because it's a legal obligation to declare neighbour disputes.

Nutellaoffaspoon · 23/09/2018 08:40

Yep. That was my thinking

OP posts:
Nutellaoffaspoon · 23/09/2018 17:21

So what's the consensus then? Keep it brief and explain in more detail if asked or start off with the detail?

OP posts:
Nutellaoffaspoon · 24/09/2018 07:35

Anyone?

OP posts:
mojitointhesun · 26/09/2018 16:54

I know people in a similar situation. Still ongoing actually.

Watching with interest, although it seems I'm a bit late to the thread.

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