Neil Patterson
Neil Patterson
Registered with Property118.com
5th May 2014
Total Posts
0
Total Comments
88
Bio
Portfolio landlord since 1993. Still buying more!
Registered with Property118.com
5th May 2014
Total Posts
0
Total Comments
88
Bio
Portfolio landlord since 1993. Still buying more!
7th April 2026, 3 days ago
I think the days of not increasing rent for years at a time are over. With inflation and interest rates low I left one property unchanged for 10 years. Now I increase every year or so. Capital investment won’t change...
Read More →Reply to comment left by Peter Rowley at 02/04/2026 - 15:38
Reply to the comment left by Peter Rowley at 02/04/2026 - 15:38Can you clarify this bit please Peter? "The total cost of installation was £12,500. With the £7,500 BUS grant, their out-of-pocket expense was reduced to £5,000. Person G’s personal...
Read More →Reply to comment left by James Howe at 04/04/2026 - 08:21
This HMO is all-inclusive of bills, so I pay the electricity - and take the savings.
Read More →Reply to comment left by Jim Skelton at 04/04/2026 - 09:10
“Proffesionalism”. The irony! 😂😂😂
Read More →2nd April 2026, 1 week ago
I've just found the survey monkey in my spam, so moved it to my inbox. But it's closed already...that's not much time allowed, especially for the first one!
Read More →2nd April 2026, 1 week ago
I've got a simple spreadsheet of my properties with what improvements will get me what points...and I'm doing the low-hanging fruit. When I get to a C I'm having a new EPC to confirm, they're not expensive in the grand...
Read More →19th March 2026, 3 weeks ago
Your attitude to this is highly commendable, but could ultimately cost you. It's harsh but if you get significant arrears you need to serve notice to quit - and follow through on it if necessary. Else there's little incentive for...
Read More →Reply to comment left by [email protected] at 16/03/2026 - 10:04
Reply to the comment left by Naomi Black at 16/03/2026 - 10:04HMRC doesn’t know you’ve signed up for software, nor will it care. All they need to know is you submit on time and in the correct format. As an...
Read More →23rd February 2026, 2 months ago
My understanding is that they can't give notice in the first 4 months of the tenancy, and then they have to give two months notice...so all contracts are effectively a minimum 6 months. And it only takes one party to...
Read More →17th January 2026, 3 months ago
There are lots of mentions about simple bridging software at little/no cost. That’d suit me perfectly…I’m an accountant that uses a self-balancing double entry spreadsheet to control my BTLs. I just want to extract a few figures and submit them...
Read More →Reply to comment left by Alexandra wright at 14/01/2026 - 10:15
From a LL point of view that's encouraging to read. Out of interest, where's the property you've had 90 applications for? I live near Reading and have noticed a definite slowdown in demand - around here rents have stabilised and...
Read More →14th January 2026, 3 months ago
The son of a friend of mine is buying his first flat in London. He says virtually every one that they've viewed is a LL selling up. Anecdotal evidence maybe, but I'm sure the trend is there.
Read More →30th December 2025, 3 months ago
As an aside, you seem very hands-on for a landlord that uses a managing agent. I go nowhere near the properties that are managed for me, most I’ve never even seen. I only self-manage the ones near where I live....
Read More →30th December 2025, 3 months ago
It’s not been ideal but it’s happened. So like all things in these circumstances, you need to work out what would you accept as an outcome you’d be happy with. Would 4 months foc commission make you happier? Or the...
Read More →22nd December 2025, 4 months ago
I have a couple of flats with garages where the title on the garages is separate. Bought them at auction. Ground rents on flats and garages started at £40pa each when they were built in the '70s. The flat GRs...
Read More →12th December 2025, 4 months ago
Just over a year ago I let an apartment to a really nice professional South African couple. They’d just moved to the UK and were self employed, they had no UK credit history and no guarantor. They happily paid 12...
Read More →Reply to comment left by Dee Gidda at 26/11/2025 - 14:41
Spot on. A lot of landlords are coming up to retirement age, so this extra tax will apply till death/sale of assets. I’ll be personally marginally better off cf if she’d added NIC… but then significantly worse off when I...
Read More →Reply to comment left by Jane Breakell at 03/11/2025 - 17:23
"She knew she needed a license and didn’t get one. She should be put on Southwark’s rogue landlord database – yes, their website says they have one" Don't disagree! It was a very serious lapse - and she should be...
Read More →Reply to comment left by Lou Valdini at 03/11/2025 - 16:53
"Many landlords also have demanding jobs, are held to account when they slip up, and don’t have an entire Treasury to help them." She has been held to account according to Southwark's protocols - just like you would if you...
Read More →Reply to comment left by Dylan Morris at 03/11/2025 - 14:25
Reply to the comment left by Dylan Morris at 03/11/2025 - 14:25Do I vote labour? No! Never have, never will. [Hence my comment that they inherited a mess and have made it worse.] Like most professional landlords I'm a (hopefully...
Read More →Showing 20 of 88 comments