Mark Cox, Author at Property118

Mark Cox

100 homes in 3 years. That's some serious cash they are sitting on... I think local authorities should do the same. I think that Crisis has spotted that it's becoming increasingly difficult for landlords and this posing a serious threat...

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Reply to the comment left by Stuart Blackbourn at 21/09/2025 - 20:56Hi Stuart Where are they, I could be interested. Thanks Mark

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Reply to the comment left by Frank Jennings at 21/09/2025 - 21:48Hi Frank Sorry for the slow reply. Where is the property? Thanks Mark

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If anyone reading this is in the 39% reply to this comment. I am looking to expand. Thanks in advance

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I think there is a sentiment in these first few comments, basically from seasoned landlords who don't watch TikTok or FaceBook. There seems to be a growing trend of people saying how "easy" it is to make money out of...

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Maybe he should take the 75m borrow 225m (75% LTV) and buy a few thousand properties..

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Revenge is a dish best served cold.

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It’s not a surprise. I expect we will see more of this as landlords exit. Which council is this? My local council accused me of running an unlicensed HMO and when I spoke to them and said if the tennant...

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Sitting pretty. Being leveraged used to make sense, now it makes no money, because of eye watering rates. Congratulations!

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Reply to the comment left by Cider Drinker at 19/12/2024 - 15:16If they go up I’m selling. I’m breaking even and hoping for some reductions. If I do sell I will be evicting the tenants, refurbishing and selling.

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Reply to the comment left by Monty Bodkin at 18/10/2024 - 09:04Indeed they are now. I should have added “over the last 2 years”. Maybe a lot of people are in the same boat with 2 year deals taken, after...

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Not really that good. Typical real costs on the link are over 8% for a 75% LTV. Another smoke and mirrors exercise by lenders in a niche market to take advantage of the PRS.

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I've said this before. EPC's are at best an indication and at worst a rip off. When I bought a flat for myself the EPC said something about a gas boiler, which was interesting as the flat was all electric....

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EPC is a SCAM. Not worth the paper it's written on. I bought a flat (for myself) and the EPC talked about my gas boiler... it was an all electric flat. This basically meant they had not even bothered to...

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For HMO’s I think that licencing is essential. Protects you and the tenant. Yes it can be a pain and bizarrely it can be different from council to council, however, when done properly the only issue is the additional cost,...

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Reply to the comment left by Reluctant Landlord at 13/06/2024 - 11:27I don't think Landlords are passing on all their costs. My mortgages doubled and now I breakeven even though I put up the rent 20% - I am still...

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It’s good to have an article with lots of backed up numbers and sensible observations. I too am a numbers man and have been watching things very closely. Agree that the inflation rate is likely to go up but also...

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Mandatory HMO Licence requirements?

19th March 2024, 2 years ago

I agree with Bristol Landlord. You need to research very carefully and follow the regulations to the letter or risk a chunky fine. There is usually guidance on the local authorities website on minimum standards which can be quite detailed...

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I have limited companies but the lenders negate limited liability by making you sign a personal guarantee. Whilst I find it better for all the other points you mention I can't see how you limit liability. It has always been...

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Reply to the comment left by Easy rider at 09/12/2023 - 10:12Show me a 10 year period where prices have gone down... Of course capital at risk, just like the stock market, which you have no control over. If you...

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Showing 20 of 47 comments

Mark Cox

Mark Cox


Registered with Property118.com

21st September 2022

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0

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47

Bio

HMO & BTL owner via Limited Companies