David Mensah
David Mensah
Registered with Property118.com
14th June 2014
Total Posts
0
Total Comments
106
Registered with Property118.com
14th June 2014
Total Posts
0
Total Comments
106
15th November 2025, 5 months ago
Had two interactions last week that may help with predictions of what will happen once this bill settles in 1) Had lunch with a good friend who had a portfolio of 100 properties, mainly in Northern towns. They were mainly...
Read More →4th October 2025, 6 months ago
quick question: Do all Scottish landlords need to register, or are there landlords not counted here? That 2 year drop is pretty striking, especially as population is grownig.
Read More →Reply to comment left by Ian Narbeth at 23/09/2025 - 13:37
Reply to the comment left by Ian Narbeth at 23/09/2025 - 13:37Totally agree with you that this has not been well thought out at all, and will lead to seious problems. I have been running HMOs for nearly 20 years,...
Read More →Reply to comment left by David Mensah at 20/09/2025 - 18:53
Reply to the comment left by David Mensah at <a href="20/09/2025" rel="ugc">https://www.property118.com/landlord-equity-recycling-leverage-growth/comment-page-3/#comment-197068">20/09/2025 – 18:53j Just to add, if you refinance, and gear at 75%, then you get about a 7.5 fold increase in equity over one doubling. In Mark's case...
Read More →20th September 2025, 7 months ago
Thanks Mark, what nice illustration of how the leverage and inflation can work together to create wealth, especially when profits are reinvested along the way. For lay investors, property is one of the only asset classes where we have access...
Read More →12th April 2025, 12 months ago
This white paper is extremely helpful, many thanks Mark. I have one question that I didn't see covered in the paper: If the declaration of trust has legal and beneficial ownership with different people (not just different fraction), does this...
Read More →17th February 2025, 1 year ago
My first house (right out of Uni) was a 6-bed HMO where I lived with 5 friends. I also renovated it myself. I was a bit older than your son, but I learned an enormous amount from that first house,...
Read More →25th January 2025, 1 year ago
Sensible words from this MSP -- sadly in Scotland, as in the rest of the UK, politicians are implementing ideologically oriented policies they hope will gain them votes, knowing full well that these will disproportionately affect the poor. There are...
Read More →18th January 2025, 1 year ago
A close friend has over 100 units almost all at the lower end of the market. Since the beginning of the noise about the Reform bill he has been refurbing all properties with benefit tenants and moving out of that...
Read More →Reply to comment left by Mick Roberts at 17/01/2025 - 13:34
Reply to the comment left by Mick Roberts at 17/01/2025 - 13:34These kinds of reports will soon be seen around the country. Landlords at the bottom of the market, where risks of tenants non paying are higher, will either withdraw...
Read More →21st December 2024, 1 year ago
I've had similar problems with professional tenants - I would immediately serve her an S21 while you still legally can. It is unsafe for the other tenants. In my experience the tenants all moved out earlier than the deadline.
Read More →28th September 2024, 2 years ago
I live in a high-demand area, letting HMOs to young professionals. My latest room (late Aug) had 145 applications, of which only about 10 were non-starters, so 135 young professionals keen for a room. I did 8 viewings, and all...
Read More →Reply to comment left by Janet Carnochan at 17/09/2024 - 17:29
Reply to the comment left by Janet Carnochan at 17/09/2024 - 17:29The Scottish gov't is making it harder for landlords. This reduces supply. Landlords who stick it out can be much more choosy. The negative effects will be disproportionately be...
Read More →21st September 2024, 2 years ago
The sad thing about all this is that the gov't rushing through this legislation will disproportionately affect the poor. We all know that those at the bottom of the ladder are statistically the most likely to have problems consistently paying...
Read More →7th September 2024, 2 years ago
Unfortunately this kind of scam is quite common -- it's easy due to asymmetric information which is particularly pronounced with electrics. I've even had an electrician come in for a cert who admitted to a tenant that his job was...
Read More →3rd August 2024, 2 years ago
Good on Generation Rent for pointing out the core problem with UK housing. In the South at least, there is a supply-demand problem that will continue to drive up rents to the max of affordability unless more houses are built...
Read More →14th November 2022, 3 years ago
You'll find that in Cambridge itself landlords and agents are used to people coming in from outside the UK -- especially in the student/young professional market. These form a significant fraction of those who rent due to the two uni's...
Read More →19th August 2021, 5 years ago
Thanks, I have always used the Landregistry index https://landregistry.data.gov.uk/app/ukhpi/browse? for relatively small gains submitted to HMRC (usually under the allowance) My banker uses Hometrack, and I now see that this is apparently a trend.
Read More →Reply to comment left by Alex Norian at 16/08/2021 - 10:24
Reply to the comment left by Alex Norian at 16/08/2021 - 10:24very helpful, many thanks Alex!
Read More →16th August 2021, 5 years ago
Hi Alex, I've been informally advised by my accountant that an estate agency valuation is not good enough. Do you have any experience showing that HMRC will accept this? It would save me a surveyor fees. also, many thanks for...
Read More →Showing 20 of 106 comments