mart Posted August 28, 2014 Share Posted August 28, 2014 (edited) Do you know how few banks now offer over the counter money withdrawals, I bank with HSBC and I found out a couple of months ago that it'll take well over a 10 mile journey to withdraw the money, and none of the branches local to me offered the service. With the banks closing at 15:30 it becomes a serious hassle to withdraw the money, trying to fit it around work commitments. Â The HSBC I use in Rotherham on College street closes at 5pm (6pm on a Friday). No problem withdrawing the amounts mentioned. Â You tolerate rubbish opening hours, from a bank that puts restrictions on you accessing your own money, and you waste time making a ten mile journey for the displeasure of it all You deserve to have the seriously large hassle that you speak of for not getting a grip and taking action to make some changes in your life. Sorry to sound harsh, but you cannot expect someone else to do it all for you. Edited August 28, 2014 by alternageek Fixied quote tags Link to comment Share on other sites More sharing options...
Coutts Posted August 28, 2014 Share Posted August 28, 2014 Â The HSBC I use in Rotherham on College street closes at 5pm (6pm on a Friday). No problem withdrawing the amounts mentioned. Â You tolerate rubbish opening hours, from a bank that puts restrictions on you accessing your own money, and you waste time making a ten mile journey for the displeasure of it all You deserve to have the seriously large hassle that you speak of for not getting a grip and taking action to make some changes in your life. Sorry to sound harsh, but you cannot expect someone else to do it all for you. Â You knocked that one right out of the park mart! Link to comment Share on other sites More sharing options...
JFKvsNixon Posted August 28, 2014 Share Posted August 28, 2014 (edited) You tolerate rubbish opening hours, from a bank that puts restrictions on you accessing your own money, and you waste time making a ten mile journey for the displeasure of it all You deserve to have the seriously large hassle that you speak of for not getting a grip and taking action to make some changes in your life. Sorry to sound harsh, but you cannot expect someone else to do it all for you. Â We both seem to bank with the same bank so we must have the same tolerances of what we expect from our banks. Anyway I didn't have the hassle of making the journey because the builder that did the work for me lived in the 21st century and he accepted a bank transfer when I explained the situation. Â What you seem to forget, and the whole point of our cosy little chat, is that as a landlord you provide a service, if you didn't accept a standing order or something similar as payment I'd judge you to be offering a sub-standard service and I'd go else where. Edited August 28, 2014 by JFKvsNixon Link to comment Share on other sites More sharing options...
aliceBB Posted August 28, 2014 Share Posted August 28, 2014 (edited) Since when does the tenant give the orders.  No likey no renty... Tell him no indeed. I can't stop laughing When there are more landlords offering similar properties to rent in any particular area than there are tenants wanting to rent it. It's called 'market forces'. This attitude is exactly the reason why Landlords have to take a very tough stance with prospective tenants from the outset. Extensive checks before even agreeing to let to them. And most importantly, NEVER EVER rent to anyone unless you have seen them in their current home, that one visit will tell you everything you need to know about a potential tenant.Not always necessary. I have been a student landlord for years and I have never visited my prospective tenants in their parents' home or their first year Hall of Residence and rarely in the property they rent before mine. If I were to do that it would cost me a fortune driving around the country to check up on them. No chance! I meet them all, I speak to their parents, their parents sign a Deed of Guarantee. And in all these years nobody has ever defaulted on the rent or lost all their deposit. You must attract dodgier prospective tenants than I do, Coutts Edited August 28, 2014 by aliceBB Link to comment Share on other sites More sharing options...
the_bloke Posted August 28, 2014 Share Posted August 28, 2014 I've rented places since I was a student in 1994 and still rent now, and I have never paid rent in cash or ever been asked to do so. I simply don't understand why any landlord would want to be paid in cash and have to visit the tenant monthly in order to collect it. Â Unless your tenant is totally untrustworthy that is. Link to comment Share on other sites More sharing options...
Hippogriff Posted August 28, 2014 Share Posted August 28, 2014 Everyone would surely want to pay and be paid by electronic means? It's just better in any way imaginable. Â Surely only Arthur Daley from Minder would want to have a wallet stuffed full of 50s? Arthur wasn't dodgy, was he? Â All my Tenants pay rent into a bank account... most do it via transfer. One pays the money into a branch... at their side it's cash, but at my side it's always just money landing in my account. They're the one-off. Â I cannot envisage going around each month to collect. I cannot think I'd want to do this as a Tenant, I'd probably not want to be seeing my Landlord on such a regular and frequent basis. My properties are in very good nick, so I expect - mostly - to leave the Tenants be and let them get on with their lives. I'm there if needs be, but I don't want to be going around all the time... hmm, maybe if I wanted to be claiming more miles at 45p per mile on my self-assessment. Â It's like all my Tenants will get in touch with me via email or text message... I really don't want them writing letters (or telegrams) to me... that's so 90s (1890s)... as is cash. Bank transfers give me a long-lived record held securely by a third party - I like that, I don't want to be responsible for paper receipts and suchlike. Therefore I admit that I'd be wary of a Landlord who demanded "just cash". Link to comment Share on other sites More sharing options...
mafya Posted August 28, 2014 Share Posted August 28, 2014 (edited) Doesn't there have to be a "rent book" of some description? Â You only need a rent book if you pay your rent weekly = http://www.lawpack.co.uk/landlord-and-tenancy/managing-your-tenancy/articles/article5961.asp Edited August 28, 2014 by mafya Link to comment Share on other sites More sharing options...
Cyclone Posted August 28, 2014 Share Posted August 28, 2014 You mean exactly like everyone does in the real world with a builder,plumber, pc repairer. I think not. Â The only danger with a cash payment is if a dispute ever arises,otherwise where's the problem. Â Buying a one of item or service is quite different to paying for somewhere to live on an ongoing basis. Link to comment Share on other sites More sharing options...
Guest sibon Posted August 28, 2014 Share Posted August 28, 2014 Since when does the tenant give the orders. Â Â At roughly the point where they sign the contract and pay by cheque. Â No likey the cheque. No getty the rent. Â Pretty simple really. A call to the IR is a good alternative. Link to comment Share on other sites More sharing options...
willman Posted August 29, 2014 Share Posted August 29, 2014 (edited) Buying a one of item or service is quite different to paying for somewhere to live on an ongoing basis. Â That's your opinion and you're welcome to it - it still doesn't mean that the person wanting cash is dishonest or avoiding taxes, which appears to be the consensus on here. Hence my comment. Everyone appears to be happy to pay for services and allow the self employed to dodge taxes without comment,but as soon as its a landlord ,he becomes dodgy.Hypocrites one and all. Â How many on here are considering ringing the IR about the last plasterer or gardener they paid cash too? Â As i said the only issue i can see is the security of cash IF it's not receipted but that's my opinion based on experience of landlords collecting cash rentals. Edited August 29, 2014 by willman Link to comment Share on other sites More sharing options...
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