Jon Delorean, Author at Property118

Jon Delorean

Agree with much of this but "Grants should be made available for those in receipt of benefits." which means; print money at the Bank of England, pay free money to reward those on benefits. Once again welfare is not disincentivised...

Read More →

Welcome to the world of financial services, AKA 'scalping'. Let's see, 6 London properties, must be over the million. Percentage-wise, 9k surely less than 1% of property values? While it's true the suits are being opportunistic, I would avoid the...

Read More →

No Anthony this concerns this scenario - where there is no AST. Furthermore, if the tenant trespasses you call the police, she has no rental agreement to show them. You insist she be arrested for trespass. You film the trespass...

Read More →

Well written. You forgot councils "have massive TAX PAYER FUNDED legal departments and budgets to ensure that property owners are for the most part powerless to fight against them". Privatise councils now.

Read More →

Reply to the comment left by Alistair Cooper at 05/03/2021 - 21:18Could be a great opportunity to update the company van/s (plant & machinery).

Read More →

Sure, give her the notice in the lodger agreement. Thereafter explain that this is private land and any attempt to re-enter will lead to her arrest. (Put a TRESPASSERS WILL BE PROSECUTED notice on the door. The implied right of...

Read More →

Change the locks. Give her a few days notice, put her stuff on the lawn. She has a mountain to climb in claiming this is a tenancy without AST, even in the socialist republic of the UK and with its...

Read More →

Taxation of 7 months rent in advance?

31st January 2021, 5 years ago

Setup a Ltd Co for £20. Rental agreement in Ltd Co name. Receive rent to free business account and pay yourself after April 5th (or portion prior and after). You're only taxed personally when you pay yourself from this separate...

Read More →

Sounds like Bargain Brits on Benefits Mick.....

Read More →

‘Breathing Space’ initiative – Beware?

23rd January 2021, 5 years ago

Yup. The Conservative party are clearly centrist, because that is where the easy choices are. All parties in most countries now look at polling data every day. If the poll says 'protect tenants' that's what the govt will do. And...

Read More →

Of course, here in the Socialist Republic of the UK the tenant now has the weight of law behind them. Councils are broke. 70% of the council budget is staff. Salaries, pension contributions, holidays, sick pay and so on. You...

Read More →

HMO Application Misuse of Data?

17th January 2021, 5 years ago

Anyone want to start a petition to privatise your local council? I'm serious. They are a cancer on business & property.

Read More →

How to sell a tenanted property

17th January 2021, 5 years ago

Sell at auction, with the extra catalyst of... an auction date! Unlike the 'modern method of auction'. Fees approx £1500+VAT fixed. Probably £250 up front for compiling the listing and 3D model. Recommend national brand like SDL. But not another...

Read More →

Tenant Reference Requested?

17th January 2021, 5 years ago

I would be far more concerned that the tenant passed landlord's details to another party without consent. But it is commonplace, yet wrong in terms of data privacy. Of course, you may have consented. Which begs the question, where does...

Read More →

Develop with Cash or Mortgage (Stress test)?

17th January 2021, 5 years ago

Borrow to the max in fiat currency (GBP), as (1) interest rates are at multi-century lows and (2) inflation will remove your debt over time. This will be expedited where the Bank of England print money (like now). Granted the...

Read More →

I read very clearly that any single property must have been let prior to any refurbishment works and for such costs to then be allowable as a BTL expense. But hey, nothing stopping you knocking up a quick backdated AST...

Read More →

It would appear not, Mr Bond. Contrived devices such as that you mention, to distort market prices, aren't going to fly. The buyers will find they have a short lease in no time at all and feel quite resentful about...

Read More →

Change to Uk Law for Serviced Accommodation?

28th December 2020, 5 years ago

The number of people changing their mortgage for AirBnb must be tiny. Why not sublet the property to your wife, for example. That's a normal AST tenancy so no issues if ever asked. The other party (wife) then runs the...

Read More →

Covid-19 will redraw the UK rental map

28th December 2020, 5 years ago

Good points. And leaving the EU means less migration especially from Eastern Europe. More downward pressure on rents. On the plus side, wages will rise at the lower end, finally.

Read More →

Anyone see the Thatcher docu on BBC? All that socio-economic pain to shift from socialism to true Tory capitalist ideas. Cities were on fire. Maggie stuck to her guns. Perhaps to an extreme. Housing Acts put the tenant & landlord...

Read More →

Showing 20 of 55 comments

Jon Delorean

Jon Delorean


Registered with Property118.com

22nd October 2016

Total Posts

0

Total Comments

55