mlwprops@gmail.com, Author at Property118

These costs are ridiculous. We keep 10% and we have never come close to running short.

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Open A Business Bank Account In Minutes

25th February 2025, 1 year ago

It took me a couple of days to open a Tide account for UK company from South Africa. The delay was all about the red tape and what they considered to be acceptable documents. We have about 20 transactions aper...

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While the insurer is technically correct in terms of the policy wording, I believe it is wrong as it has not made the decision in utmost good faith (uberrima fides). The actual cause (proxima causa) of the damage is the...

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I note that the tenant cares for a benefits recipient who lives in an adapted bungalow around the corner. To me, it sounds if the tenant is a professional carer and the person she's caring for now needs additional attention...

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Reply to the comment left by Julie Ford at 24/06/2024 - 13:37Thanks for the very useful information, much appreciated

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We (limited company) we're booted by RBS and tried Revolut, but they do not accept cheques. What about Tide or the other suggestions?

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Not always. While this may be true for a detached house, in a row house the demolition and rebuild is very difficult and so costs go up significantly.

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Tenant caused Fire – Can I sue for damages?

4th September 2023, 3 years ago

Are you insured for the full cost of rebuilding? I'm afraid if you have insured for the market value, you will probably be underinsured. In this case, the insurer will only pay out a portion of the claim. e.g. If...

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Great idea. But we already have the Salvation Army that is an existing charity who include caring for the homeless. Why not approach them to extend their ambit and reach out to a group of landlords who will form the...

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Reply to the comment left by Silver Flier at 08/11/2022 - 10:31Thanks Silver Flier for the super helpful advice.

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Reply to the comment left by Jason McClean - The Home Insurer at 19/07/2022 - 09:01Hi. Based on my experience in the insurance industry, you MUST provide the claims info. As Jason says, they will probably disregard it when assessing...

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EPC – Improvement advice for 2025 please?

24th January 2022, 4 years ago

Hi all. Thanks for all the advice. In the renovation, we will do the 'quick wins' - thermostats in the rooms, ceiling insulation etc. The house has a a gas boiler and we'll wait until they sort out the gas/electric...

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Registered with Property118.com

28th November 2020

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Total Comments

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Bio

Small BTL company with 3 unencumbered properties