Simon Gear, Author at Property118

Simon Gear

Rents should set records every month. That is how inflation works. One of the (unintended) consequences of the RRA is that properties at the lower end of rents are likely be sold to the owner-occupier sector. This is likely because...

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If the government stop adding extra costs, rents will stabilise. Tenants are paying more and landlords are earning less. Rachel Thieves is doing rather well from the PRS.

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When I deliver the Information Sheet, I explained each section of the sheet. Most of it wasn’t relevant. I also explained that where they had a fixed term of three years, during which I couldn’t seek possession, they could now...

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Appliance repairs for landlords?

16th May 2026, 5 days ago

I don’t supply white goods. I found that tenants rarely respected things that they had not bought. Instead, I offer lower rents. If I provided white goods, I’d charge more rent to cover the cost of maintaining and replacing the...

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Do not believe the spin. This is exactly what Rachael Reeves needs. CGT receipts.

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A few points here. Firstly, the maximum notice a tenant is required to give is two months. If that notice has to fall on a rent day, that could be almost three months. The legislation only refers to a maximum...

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If the threat of rent controls doesn’t subside, my rents will rise to market rates next year. For one lucky tenant, that means an increase of 25%. Others will be 10%. The alternative, if rent controls means I cannot raise...

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Reply to the comment left by russell branch at 06/05/2026 - 11:44Were you represented in court or did you do it yourself. Judges are rarely competent and need form direction from a professional.

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I don’t have mortgages. I would like to sell but not to another landlord. I’d prefer to give the government more families to find housing for. I’d happily have one demolished to avoid CGT when I sell some of the...

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They should also be busy with Section 8 No Fault evictions.

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Reply to the comment left by PAUL BARTLETT at 15:59 That’s what I did. Now, my plan is to sell up and spend the money on foreign holidays and to gift some to my children that live abroad.

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There was a time when I may have used my equity to buy more properties for tenants to live in. This gave government SDLT and income tax receipts and gave house builders encouragement to build houses. Government don’t want me...

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Which property should you sell first?

3rd May 2026, 3 weeks ago

Normally, I’d sell the one with the least CGT. I’d make an exception to lose a Labour voting tenant or one that is part of the entitled contingent. I’d choose the buyer carefully.

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I asked and they were non-committal. I’ve written my own with the help of written terms. Scotland has a really good tenancy creator.

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I have one property where the rent is £600 per month and well below market rate. A rent freeze would see the tenants save £7,200 per year. But they would be homeless.

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If tenants delay a rent increase by taking it to a FTT, landlords MUST remember to bear it in mind when they set the next increase.(or issue Section 8 Ground 1/1A).

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As an homeowner, it costs me far more to move home. I laid over £10,000 is Stamp Duty last time. As a result, I won’t downsize so my 5 bed home is only occupied by the two of us. For...

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My rents start at less than£6k per year. A penalty of £7k would be devastating (especially for the tenants).

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Labour don’t like educated people. They have shown this by targeting private schools. Now, they want student HMOs to be available for a different group of occupants. Those hotels won’t empty themselves.

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I’m a small landlord. I do not need additional guidance, I understand the rules. The problem is that the rules are grossly unfair.

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Showing 20 of 1,612 comments

Simon Gear

Simon Gear


Registered with Property118.com

19th December 2023

Total Posts

0

Total Comments

1,612

Bio

I’m a project manager with 11 x properties. One is for sale but the remainder have tenants.