Michael Holmes
Michael Holmes
Registered with Property118.com
22nd September 2013
Total Posts
0
Total Comments
120
Registered with Property118.com
22nd September 2013
Total Posts
0
Total Comments
120
31st December 2024, 1 year ago
Thank God they are taking a Nelsonian attitude to EPC rating. If they didn’t, the crisis in the PRS would overwhelm it in a few months, with most of the current rental stock having to close down. Calling landlords ‘rogues’...
Read More →27th June 2024, 2 years ago
I have never taken deposits, mainly because my tenants tend to be students and I run 8 + bedroom HMOs. I do ask for 2 months rent in advance however. Since the students are generally fairly hard on furnishings and...
Read More →29th December 2023, 2 years ago
What few people seem to realise is the fact that there is an 80% tax on buy to let mortgage payments. How the Government has managed to get away with this is a mystery to me. I doubt it is...
Read More →6th November 2023, 2 years ago
I wonder if 600,000 immigrants in 1 year has anything to do with this?
Read More →5th October 2023, 3 years ago
It will only take one ferret like HMRC inspector to start in on the 118 tax mitigation efforts to bring the whole edifice crashing down, or at least bring it to a halt for several years. The current users will...
Read More →5th October 2023, 3 years ago
I have never been able to understand how politicians and the media have never been able to join the dots when it comes to the PRS. If you allow half a million people into the country every year and are...
Read More →1st October 2023, 3 years ago
I am just wondering what will happen when the underlying assumptions concerning CO2 emissions being harmful are finally debunked and the whole house of cards come tumbling down. Mass formation psychosis is not a very good way to run a...
Read More →Reply to comment left by Graham Rann at 22/09/2023 - 12:40
Reply to the comment left by dismayed landlord at 22/09/2023 - 12:40I do synpathise with your situation, but am concerned that you took the BS pumped out by the media and politicians so seriously. I owned three HMO properties which...
Read More →21st September 2023, 3 years ago
The main problem still persists however. the fact is, the whole basis for 'Net Zero' is based on a lie. we are not in a climate crisis and CO2 is not a problem. in fact, historically, we are in a...
Read More →4th November 2022, 3 years ago
It is amazing how all these reports always end up with recommendations for more regulation! It never occurs to any to of these process freaks that the big picture of rising homelessness, failed PRS business and bankruptcies is in large...
Read More →16th August 2022, 4 years ago
Nobody seems to have grasped what a revolution this ‘Reform’ Act will be. The removal of AST security will. Inevitably drive thousands of Landlords out off the PRS. Maggie’s great reform of it in the 70s brought huge benefits to...
Read More →5th August 2022, 4 years ago
Regardless of the particular travails of the student let sector. How come nobody is up in arms about the doing away with the AST? Having open ended Contracts will make a lottery out of private rentals. What occurred in the...
Read More →Reply to comment left by Lee Bailey at 20/04/2022 - 10:15
Reply to the comment left by Lee Bailey at 20/04/2022 - 10:15You haven’t mentioned the heat pump fiasco . Another 30K needed there to comply with EPC ratings. Trying to achieve Net Zero with Net Zero financing is really going...
Read More →17th November 2021, 4 years ago
Until we can stop the present population explosion, we are never going to get on top of the housing shortage. Maybe when the last bit of building land has been built on and every field is up for grabs, then...
Read More →Reply to comment left by David Heal at 24/01/2021 - 15:02
Reply to the comment left by Seething Landlord at 24/01/2021 - 15:02Courts can come up with all sorts of arguments, but the fact is, no mention of the word Deposit is mentioned in the contract. Only by using quite convoluted...
Read More →Reply to comment left by David Heal at 24/01/2021 - 08:51
Reply to the comment left by Seething Landlord at 24/01/2021 - 08:511 month after the first double payment, so they are always two months ahead and then they run off the extra month at the end.
Read More →23rd January 2021, 5 years ago
Yes, I foresaw these problems years ago. I decided to increase my rents slightly to cover any likely damages and breakages and did without deposits, just took two months rent in advance. In that time, I am still well ahead...
Read More →14th September 2020, 6 years ago
I would be very wary of getting involved with lawyers. Just tell him NO and if he takes it further, get the agents to deal with it. They should be insured for this type of scenario.
Read More →8th September 2020, 6 years ago
Dear Reluctant, All I take away from this is don’t whatever you do take on UC tenants. Not only are you making a rod for your own back by doing so, but you then become involved with organs of the...
Read More →21st August 2020, 6 years ago
Welcome to the UK 2020, where Bedlam was a sea of sanity in comparison. Get used to it, nothing works in this country any more except Public employees wage rises and pensions.
Read More →Showing 20 of 120 comments