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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
27th March 2021, 5 years ago
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 →27th March 2021, 5 years ago
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 →7th March 2021, 5 years ago
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 →6th March 2021, 5 years ago
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 comment left by Alistair Cooper at 05/03/2021 - 21:18
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 →8th February 2021, 5 years ago
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 →7th February 2021, 5 years ago
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 →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 →23rd January 2021, 5 years ago
Sounds like Bargain Brits on Benefits Mick.....
Read More →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 →23rd January 2021, 5 years ago
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 →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 →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 →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 →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 →17th January 2021, 5 years ago
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 →17th January 2021, 5 years ago
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 →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 →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 →25th November 2020, 5 years ago
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