Grumpy Doug, Author at Property118

Grumpy Doug

It's not a coincidence that these numbers started shooting up just as S24 started to kick in. My argument to my completely useless faux Tory MP at the time was just this - if the cost of a tax (temp...

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Reply to the comment left by Dennis Forrest at 13/03/2026 - 07:23Alas, it's £20k from April 2028. Hopefully it will have all fallen apart by then. Minimise the hassle by using a simple Excel bridge (mytaxdigital, 123sheets etc), just shove...

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Reply to the comment left by Dennis Forrest at 12/03/2026 - 11:55It's £30k from 2027 so you'll be caught I'm afraid

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Reply to the comment left by Sue P at 10/03/2026 - 09:51Take a look at mytaxdigital co.uk I'm on hols at the moment but that's my plan when I get back. There are others - 123sheets etc

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They're obviously flaky. Do other landlords a favour and contact all the obvious letting agents to warn them. I had a group that pulled that stunt on me a few years ago and did just that. I like to think...

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The last house I sold was in 2018 and had planned on sticking with the rest of them for the foreseeable. Like many though, I've decided to really consolidate down to my best 2 or 3 so bit the bullet...

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Reply to the comment left by Peter Merrick at 14/01/2026 - 10:10Poppycock spotted that Osborne trousered £650,000 per annum from BlackRock for a few days work per month and obviously wants some of the same action. Some would accuse him...

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Reply to the comment left by David Lawrenson at 12/01/2026 - 14:44David, MTD was a George Osborne brainwave (who else!) and also affects all self employed with revenues over £50k in 2026 as well, so it will be utter carnage!...

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Having worked in IT for 30+ years, there's a familiar old saying "garbage in, garbage out". How much "garbage" is going to blast it's way into HMRC every quarter. As many have stated on this and other forums, self assessment...

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Reply to the comment left by Jim K at 05/01/2026 - 15:23You are mistaken. £7.5k is tax free for everyone taking in a lodger/lodgers. Works the same as all other tax free allowances

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Am I liable for previous leaseholder’s debt?

10th October 2025, 6 months ago

My son had the same a couple of years ago. I sent them an email with the following extract and an invitation for a discussion with their legal representative. "S.23(1) Landlord and Tenant (Covenants) Act 1995 provides that the incoming...

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Reply to the comment left by Ian Narbeth at 01/10/2025 - 12:29Pennycock has got form when it comes to his dubious use of statistics. In the past he has quoted the size of the PRS as having doubled since 2002....

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Landlords hit by surge in short-stay renters

15th September 2025, 7 months ago

Little Johnny: hey Doug, are you saying nasty things about me? I can't find anywhere to live any more. Me : Indeed little Johnny. You told me you loved that flat of mine, stayed in it for a couple of...

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“Section 24 of the Finance (No.2) Act 2015, introduced by the then Exchequer Secretary David Gauke, restricts the amount of tax relief landlords can claim on their finance costs, specifically mortgage interest, when calculating their property income tax liability.” Gauke...

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Landlord: I'm glad you like my property. As part of my due diligence, I need a referral from your previous landlord. Tenant: er, ok Ex Landlord: Do you mean little Johnny that said he'd take it for at least a...

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Nurture a tame assessor and hang onto him! I've got to know mine very well over the years and we have an excellent business relationship. At EPC time, he does the assessment, if it's a C he hits the button....

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Anthony, I read your post a couple of times before my response ... for clarity I'm a student landlord of over 15 years. Being blunt, student tenancies at the moment work. Nothing weird about an academic year at all -...

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End of student tenancies as we know them?

19th May 2025, 11 months ago

Prospective Landlord: I've got an application from Little Johnny for a flat. I gather you were his previous landlord. Are you happy to give him a reference? Me: Well, he's a dishonourable little scumbag who did a runner half way...

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If I had access to vast amounts of taxpayer cash, no S24 taxes, no overbearing council red tape, free access to publicly owned land (etc etc ... you get the drift), I'm pretty sure that I could make a success...

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Reply to the comment left by A Reader at 09/05/2025 - 15:17No allegedly about it - he did work for them for the princely sum of £650,000 per annum for 4 days per month. Not bad for a second class...

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Showing 20 of 235 comments

Grumpy Doug

Grumpy Doug


Registered with Property118.com

5th January 2016

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