Simon Gear, Author at Property118

Simon Gear

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, 2 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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I increased my rents by up to 20% entirely because of the RRA. Otherwise, it would have been less than 10%.

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With local elections looming I g, social media will be filled with Labour MPs claiming banning Section 21 ‘No Fault’ evictions is popular. Maybe it is but only amongst those that choose to ignore the facts. Fact 1. Section 21...

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Reply to the comment left by Robert M at 24/04/2026 - 12:45Robert said… It should be remembered of course that some of the s21 Notices that have been served recently, are just precautionary, i.e. they have been served before the...

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When will people realise, it’s not Section 21 that is the problem. The vast majority of Section 21 Notices have been issued for a reason or reasons that will be covered by Section 8. The problem is that the government...

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Showing 20 of 1,608 comments

Simon Gear

Simon Gear


Registered with Property118.com

19th December 2023

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0

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1,608

Bio

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