A landlord is offering a three-bedroom rent free to a tenant who is prepared to do renovation work on a wrecked rental property. The Darlington rental property had been trashed by thieves, has holes in the walls and the previous tenant had let her cat mess on the floors and burned down the garage.
The landlords are ready to pay to have it rewired and to cover the costs of materials whilst the handy tenant would be expected to carry out the refurbishment.
Novel idea or is it that the landlords have given up? I'm not sure what to think.
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Sounds like a mine field with HSE, insurance, building regulations, guarantees, disputes, .... Would be interesting to have fly on the wall documentation of that experiment.
ReplyDeleteGreat idea in theory, but can't imagine it working in reality. What if the tenant wants a jacuzi bath, and marble worktops? How long is a reasonable time to "finish" the job? My bathroom took over 3 years for me to finish it, wish I could have lived mortgage free for that time!
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