Derek STOBBS
Derek STOBBS
Registered with Property118.com
17th March 2023
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0
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1,519
Bio
Landlord of more than 20 years (but it wasn't my main occupation), operate as both a LTD company and a partnership. At one time had 18 properties - now selling them as tenants move out (but have no intention of forcing them out)
Reply to comment left by joe bloggs at 31/10/2026 - 19:15
Reply to the comment left by Joe Bloggs at 31/10/2026 - 19:15I think currently, the only way to maximise profit is to sell. Bit difficult at the moment (especially flats) but mine will go when tenants leave , even if...
Read More →Reply to comment left by Barry Fitzpatrick at 31/10/2026 - 12:32
Well as you know, corporation tax might only be 19% (at the moment) but if you need to draw money out of the company, then that is when you pay the most tax. So corporate holding of property isn't all...
Read More →31st October 2026, 13 hours ago
Everyone seems to forget, the government still has one string left in armoury - rent controls of some form .. this could well be on the cards if Rayner has anything to do with it.
Read More →Reply to comment left by [email protected] at 28/10/2026 - 18:41
Reply to the comment left by Jakjak at 18:41 I have now sold 2 properties through these 'buy anywhere in any condition' companies. YES, they will expect at least 30% discount BUT if the property needed refurbishing and the property...
Read More →28th October 2026, 4 days ago
So we have another 2% tax to pay on top of the 2% announced in the previous budget. Will this cause landlords to sell up ?, only really applies to non-incorporated landlords. If you have a flat, little chance of...
Read More →3rd June 2026, 5 months ago
Still not clear what will happen if the guarantor want to no longer be a guarantor - how on earth do you get the tenant out .. or isn't that allowed - clear as mud
Read More →Reply to comment left by Reluctant Landlord at 03/06/2026 - 11:54
Reply to the comment left by Reluctant Landlord at 03/06/2026 - 11:54Well, I could be wrong (I have been in the past) but that was my understanding (6 months maximum) - definitely needs to be clarified as does what happens...
Read More →Reply to comment left by [email protected] at 03/06/2026 - 10:18
To be clear, the guarantor is active for the length of the tenancy (as I understand it) BUT should the tenant get into arrears - say for 10 months of rent then only 6 months can be claimed from the...
Read More →3rd June 2026, 5 months ago
The RRA has now limited the amount of money that can be reclaimed from a guarantor to SIX MONTHS rent. ... and should you be unfortunate enough for the renter to croak it owing you money you can't claim anything...
Read More →Reply to comment left by [email protected] at 31/05/2026 - 09:05
The problem is one again continuity. The local government planning may say this is allowed but leasehold, covenant or other may say it is not allowed. In which case it doesn't matter what the government decree (unless it is actually...
Read More →30th April 2026, 6 months ago
Just to make it clear - this is a NEW BUILD and is not leashold, these are monthly charges levied to mow the gras and maintains playgrounds etc
Read More →30th April 2026, 6 months ago
I cant see any issues with this.I think its fair that the tenant should know in advance by a section 13 what his rent will be. I have always used this method and never had any problems. If you cant...
Read More →29th April 2026, 6 months ago
In anticipation of rent controls being a possibility, I have just issued my tenants with a Form 13 rent increase to start on 1st March 2027 .. although you have to give tenants a 2 month advance warning up to...
Read More →13th April 2026, 7 months ago
Aside from all the issues of having a family member as a tenant, most of which have been thoroughly explained in previous comments .. the BIG issue you will have is with your mortgage conditions. It also affects your property...
Read More →4th March 2026, 8 months ago
LTD company is the way to go BUT if you are only planning 1 or 2 properties then you will find LTD company administrations costs (accountancy etc) are far higher than owning a property in your own name. Also remember...
Read More →4th March 2026, 8 months ago
'commited to' , 'will spend' .. I don't see any words saying 'in progress' .. so another thing that will get kicked down the road.
Read More →4th March 2026, 8 months ago
I did predict this. All the extra costs being placed on landlords cannot be recouped by raising rents to what the tenant can't afford. There will come a time (probably near it now) when raising the rent will just cause...
Read More →4th March 2026, 8 months ago
software platform Inventory Base has now launched an HHSRS-compliant inspection template Nothing to do with flogging software then.
Read More →4th March 2026, 8 months ago
He has more teeth than a lot of people, does that mean he should have some removed.
Read More →4th March 2026, 8 months ago
There seem to be a lot of 'experts'. If you can get landlord insurance then fine, else no way. No 'expert' could argue with that
Read More →Showing 20 of 1,519 comments