Karl Noonan
Karl Noonan
Registered with Property118.com
11th February 2022
Total Posts
0
Total Comments
25
Bio
North London-based property investor and developer. Transitioning to commercial property at present.
Downtime spent shooting and fishing!
24th February 2026, 1 month ago
Thank you. It is correct that I am not an employee. My active management of the properties suggests I might be considered a trade?
Read More →Reply to comment left by Disgrunteld Landlady at 22/02/2026 - 11:45
Reply to the comment left by Disgrunteld Landlady at 22/02/2026 - 11:45Thank you. I need to raise this again with my tax adviser as I do not understand his reasoning that that the 3rd Automatic UK Residence Test does not...
Read More →Reply to comment left by Ryan Stevens at 18/02/2026 - 10:54
Reply to the comment left by Ryan Stevens at <a href="18/02/2026" rel="ugc">https://www.property118.com/leaving-the-uk-statutory-residence-test/#comment-202480">18/02/2026 – 10:54Thank you. Yes indeed, it is most I average significantly less than 35 hours per week to manage my portfolio. However, I don’t even want to leave...
Read More →18th December 2025, 4 months ago
Is there a provider out there who will hold upfront rent in some kind of escrow (or is against the spirt of the legislation) and then pay monthly to the landlord (for a fee, of course)??
Read More →6th December 2025, 4 months ago
I am a registered gas engineer and a landlord. Don’t take this as legal advice (verify for yourself on the GasSafe website) but my understanding of the Regulations is that a gas safety inspection can be undertaken up to 2...
Read More →5th December 2025, 4 months ago
Many thanks, Paul, for taking the time to give me this detailed and most helpful explanation of the steps needed to recover the debt. I have now instructed DCBL. Kind regards, Karl.
Read More →24th April 2025, 12 months ago
I have a portfolio of 21 properties in In London and use the services of an agent to manage these for 18 years. That arrangement eventually fell out of bed and I found myself self managing. I have to say...
Read More →Reply to comment left by Kate Gould at 11/03/2025 - 22:46
Reply to the comment left by Kate Gould at 11/03/2025 - 22:46Thank you. I hadn't considered merging the interests but I would be slightly concerned about selling the flat later in this scenario. I think having a separate lease is...
Read More →Reply to comment left by David Tyler at 10/03/2025 - 10:23
Thanks - the flat is mortgaged so a lease extension would allow this to be re-financed at a better rate now
Read More →Reply to comment left by Neil Patterson at 10/03/2025 - 09:36
Reply to the comment left by Neil Patterson at 10/03/2025 - 09:36Neil, thank you for taking the time to provide this detailed view - all of which makes sense to me including the opinion that their will be little value...
Read More →Reply to comment left by Julia Lloyd at 05/12/2024 - 10:00
Thanks. If anyone could recommend a suitably experienced solicitor I'd be most grateful.
Read More →Reply to comment left by Simon Fletcher at 05/12/2024 - 11:44
Reply to the comment left by Simon F at 05/12/2024 - 11:44Noted, with thanks.
Read More →Reply to comment left by Judith Wordsworth at 05/12/2024 - 10:43
Reply to the comment left by Judith Wordsworth at 05/12/2024 - 10:43Thanks, I have asked the HA for an update on eviction proceedings and I will post in due course.
Read More →Reply to comment left by Robert Mellors at 05/12/2024 - 14:17
Reply to the comment left by Robert M at 05/12/2024 - 14:17Thanks. There is no forfeiture clause, I'm afraid.
Read More →Reply to comment left by PETER harvey at 05/12/2024 - 10:15
Reply to the comment left by PETER harvey at 05/12/2024 - 10:15I take your point but I have been letting to HAs since 2003 and for most of that time it has worked well. My situation is just another symptom...
Read More →20th April 2023, 3 years ago
Bear in mind that changing the socket outlets does not imply a re-wire. In most instances (assuming connections are not cut too short) it should not take an electrician more than 10 minutes to change one outlet and so it...
Read More →Reply to comment left by Jane Breakell at 01/12/2022 - 12:06
Maybe we should be getting into B&B!
Read More →Reply to comment left by Lee Bowen at 01/12/2022 - 11:17
Reply to the comment left by Lee Bowen at 01/12/2022 - 11:17I’m with you on that. 21 years in the business. Plenty of assets, but now very little profit and a lot of stress. There must be a better way.
Read More →19th October 2022, 3 years ago
Hi Jasmin I was a freeholder in a near identical situation a few years ago. Firstly, I suggest you speak to a surveyor who is an expert in leasehold acquisition/extension. The following are just my thoughts and although I have...
Read More →20th September 2022, 4 years ago
Thank you Sanjiv. Your spot on the money it seems. My accountant has since come back to me and agreed that it is a capital receipt so we are now looking at the ways to deal with this in the...
Read More →Showing 20 of 25 comments