Colette McDermott, Author at Property118

Colette McDermott

Re ground rents....Arguably lenders are doing the job that buyers solicitors need (needed) to do on purchase, ie alerting buyers that the ground rent terms will make the property difficult sell. So now Leaseholders need protecting against this, and only...

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Reply to the comment left by Mark Alexander - Founder of Property118 at 30/03/2026 - 09:07If property growth going forward changes significantly, then the appeal of property diminishes almost entirely.

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Who are these freeholders acting so unfairly? Corporations who will own all the prs in due course?!

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Reply to the comment left by Howard Reuben - mortgage and insurance broker at 21/03/2026 - 10:51Ooh, yes, I agree, I'm checking with them. I remember a while back looking and not seeing an end date, so assumed it simply...

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I'm pretty sure my buy to let mortgage doesn't have an end date, unlike my residential, both are interest only

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Is that what you've done? What's your experience?

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We are feeling SO trapped?

19th January 2026, 3 months ago

Ive been a landlord since 1981. Small, 4 properties was my maximum. I rejoined the nrla last week in order to get some support through all of this. I have just one buy to let now (plus an annex on...

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Wow! you summed up that whole era and the current crises perfectly. Well done for moving on too. Your point about two salaries - a nurse and a teacher at that time being able to buy a house each is...

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Scary stuff, the climate is so hostile, it is hard to know what to do. I just have 1 buy to let, it seems whichever way we turn, dangers are possible. So many small landlords are selling up now. It...

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That familiar sinking feeling just got more heavy. Agree that it's not just landlords; all small businesses are being drained out of existence. RIP Britain indeed. Very sad. When my mortgage is out of penalty, I'm also reluctantly selling. Its...

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Reply to the comment left by dismayed landlord at 30/05/2025 - 14:31100% agree. It's a terrible situation for the tenants. I have been a landlord since 1979, since i was 19. Very sad situation to have been demonised as you...

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In the current ideological climate I struggle to see how any of this can improve. Councils are embedded in a strong culture. Many key decisions makers have been in post for decades. They aren't good with money either. No idea....

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Brilliant post. You've said it all. Definitely voting for you in the new model that's emerging 😄 as well as starting to talk to my tenants. We've all been on the back foot for way too long.

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This is my last year of NRLA membership. I joined the RLA over 20 years ago and cancelled this year after watching Ben Beadle at the Select Committee agree to S21. Up to 2018, the website of the (former) RLA,...

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You have the vision! Praying for a dose of inspiration once Labour are OUT. Reform UK?

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Reply to the comment left by John Nyari at 13/02/2025 - 10:27Absolutely. This has been clear for a long time now. Being a landlord just keeps getting more and more depressing.I have very little pleasure in it now.Feeling that I...

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I managed an ex local authority property for a friend who moved away but kept the flat. Mercifully , that flat was repossessed by the council for demolition , so Im no longer in charge of it. He had lived...

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100% agree with you here. Landlords need support too.

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Reply to the comment left by Luke P at 24/10/2024 - 13:23Got it!! I've cancelled

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Showing 20 of 26 comments

Colette McDermott

Colette McDermott


Registered with Property118.com

28th September 2022

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26