john mcghee
john mcghee
Registered with Property118.com
24th March 2017
Total Posts
0
Total Comments
38
Registered with Property118.com
24th March 2017
Total Posts
0
Total Comments
38
1st September 2020, 6 years ago
Can anyone explain what a peppercorn agreement actuall is l have my portfolio up for sale and an investor has offered to buy yhem all using a peppercorn agreement. My understanding is that they agree to buy your property within...
Read More →12th May 2020, 6 years ago
To Mick Roberts, Absolutely brilliant and soul searching. I have asked my tenants to read this. Unfortunately l am in the position of having 90% of my tenants asking for "3 month rent holiday ", their words not mine. I...
Read More →11th May 2020, 6 years ago
In agreement with Clint, many tenants think it is free money when they receive rent benefits. As soon as it was done it pushed landlords to the back of the queue. Even now when we give councils details of arrears...
Read More →11th May 2020, 6 years ago
Just another comment from me, l like Paul Shears idea of withdrawing all properties from market and fight back. It would cost us all our livelihoods ,.but aren't we heading their anyway. I think its time something was done, l...
Read More →11th May 2020, 6 years ago
Hi, Two of my properties became empty in jan/feb this year and not being able instigate viewing its costing me £1500 per month. Both need refurbing to the cost of £3000, of which l have already spent £1000 owing to...
Read More →10th May 2020, 6 years ago
Hi Terry, I have never mentioned the 50%, that wa done by Will a few days ago. I was just questioning the government loans which l find hard to fathom out. Maybe l am not grasping how we need to...
Read More →10th May 2020, 6 years ago
I have tried to access the landlords government loan umpteen times but always hit a brick wall. They tell me its just like a personal loan where you have to meet the banks criteria, l have never managed to get...
Read More →Reply to comment left by Jeremy Johnson at 06/04/2020 - 14:00
Well said Beaver, there are many costs to landlords that people dont understand . I have 14 properties in my portfolio, all of which are for sale l might add, and the costs of upkeep, insurance, repairs, safety certs and...
Read More →2nd May 2020, 6 years ago
I agree moneymanager, another offer to help landlords accrue more debt. We have tenants not paying rent due to covid 19 and we are offered loans we cant afford because we have nothing coming in. False start again.
Read More →30th April 2020, 6 years ago
Like Laura l 100% agree, but dont have any hopes that it will happen. This has been one of the aspects which have been set by councils to frustrate us "rich" landlords. While l hope and wish it will happen...
Read More →14th April 2020, 6 years ago
Exactly the same positio l am in. I have 14 properties, only 3 eastern European families, but each of them are saying the same. This is what happens when housing benefit is paid direct to tenant. If the government cant...
Read More →12th April 2020, 6 years ago
I have 14 properties, already l have had 11 tenants not paying rent. They think not paying is their right. Misled by governments again, mortgage companies not reacting quickly enough. 11 properties not paid rent, cost me £5,800, repairs to...
Read More →Reply to comment left by Barry Fitzpatrick at 01/04/2020 - 14:54
My mortgage provider ALDERMORE are dragging tgeir feet over replying to my request for a mortgage payments holiday. I applied 2 weeks ago as my tenants jumped straight on to the bandwagon to claim rent holiday. I got in touch...
Read More →4th April 2020, 6 years ago
The problem l have with my tenants is that some of them are allowed to work but have asked for 3 months mortgage deferrals in case they are out of work later on and will need the money to live...
Read More →4th January 2020, 6 years ago
Can l ask how many of the landlords who have something to ssy about this actually voted tory. If you did then why. I understand why labour never got near running the country but we all know what to expect...
Read More →20th December 2019, 6 years ago
In support of Ann Shaw, l am also selling my whole portfolio of 20 properties, l have already sold 6 as l cant afford to keep subsidising the missed rents. In the next month l will be using bailiffs to...
Read More →7th December 2019, 6 years ago
Hi Trish, I wholeheartedly agree with you, l remember Maggie from the 80s being an ex-miner. Under the tories we have lost pits , steelworks, clothes manufacturing, high street shops etc. and now look like losing our NHS, Rail services...
Read More →7th December 2019, 6 years ago
Why dont all of us landlords make all the tenants lodgers instead as it gives us a lot more power to do what is needed when it is needed. Can anyone tell me if this is a possible fic for...
Read More →7th December 2019, 6 years ago
Interesting idea but no real answers. All landlords are looking for a product that helps both parties, but we need it in laymands terms. A break down of costs, libilities would go a long way to clarifying the idea.l
Read More →26th November 2019, 6 years ago
Hi Heather, Great to hear that someone has rewarded their good tenants with a rent holiday. I have been doing the same for the last 4 years. Families with children are usually the ones l try to help, the respect...
Read More →Showing 20 of 38 comments