John Burnett-Hall, Author at Property118

John Burnett-Hall

If the rent is already at market rent level then no you shouldn't try to increase it. If it is currently below market rent then I would suggest increasing it at the next rent review date.

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"Review both product transfer and remortgage options 6–12 months before expiry" - how are you going to know your PT options 6-12 mths before expiry? Normally you don't given those till 3-4 mths before, surely?

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Reply to the comment left by Mark Alexander - Founder of Property118 at 27/11/2025 - 11:31Thanks Mark, that's a very valid point about the interest cover ratios being more lenient, which helps with the loan amount offered. However my experience...

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Sounds like your tenant got her plumbing sorted already.

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Mark, I think you left out one important consideration, namely the mortgage interest rate, which is likely to be around 1% higher for a limited company landlord than a personal landlord. This would make a significant difference to your net...

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It sounds a lot but no mention of inflation – this must make a difference to your calculations? Plus as someone else has referred to – house price increases in the 70's and 80's were largely linked to the increased...

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How is this increase in the supply of rental properties "sparking a sharp rise in rents"? Do the usual laws of supply and demand not apply here?

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Don't know if it's just me but the sound on this video is just a recording of Beethoven's Moonlight Sonata - can you please fix!

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Feeling ripped off by PRS lenders?

18th October 2024, 2 years ago

It's a matter of shopping around. When you factor the fees into the "effective rate" you sometimes get interesting results. I was quite happy to pay a 5% fee to my lender for a 5-year fixed rate as the net...

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I had a similar dilemma three years ago when refurbishing a rental flat. The old storage heaters would have given me a higher EPC but are not popular with tenants, being unsightly and fiddly to control, and also of less...

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Invented gas and electricity charges?

19th July 2024, 2 years ago

p.s. I have also had standing charges cancelled where I could show that there was zero use. However if there is even a slight use the standing charges would usually apply.

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Invented gas and electricity charges?

19th July 2024, 2 years ago

The invoices/bills can't be enforced without meter readings. Call up the suppliers, who may not be aware of the relevant facts (invoices are often auto-generated). Ask them to confirm any meter readings, and take it from there... In my experience...

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Failed AST renewal letting fees?

15th July 2024, 2 years ago

Personally I try to avoid annual renewal fees as they are a bit of a rip-off if the tenant is already in situ and no work required by the agent. Check the T&C's of your agent agreement, as some clauses...

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Agents – Best to stay or run away?

18th June 2024, 2 years ago

Depends on your lifestyle, but if you are busy doing other things (job/travel etc.) then you really want an agent, who as well as managing day-to-day issues with the tenant will also be up-to-date with all the changes in the...

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Presumably Adam and Dianne have informed TMW they are running their properties as SA's? Last time I checked TMW regard running SA's as business use therefore not permitted under their mortgage terms, which only allow vanilla BTL's.

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John Burnett-Hall

John Burnett-Hall


Registered with Property118.com

8th March 2024

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