Paul Thomas, Author at Property118

Paul Thomas

I cannot see ANY point of rendering the outside of a property to increase the EPC rating. Increasing the density of the outside skin of the wall has pretty much zero benefit to the thermal attributes to the property. If...

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It is deemed as a perfectly acceptable product internally by BC so I don't have an issue using it. I have done so in my own house. All my rooms have smoke alarms, all my tenants rooms have smoke alarms.

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2nd Feb my mortgage interest went from £691 to £1100. The rent is £1,550. As they had been in for a few years I raised it by £50. So, I'm looking at long term capital increases.I've got better margins on...

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Fortuantly, in my plan, prob. towards the end of 2027 when some fixes end I will be selling two properties. Certainly know which two will go. If it wasn't for this I would keep them going until 2030. The concern...

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It's a bit of a pain, but you can insulate the walls internally. Even if you use 25mm Celotex covered by 12.5mm plasterboard to all external walls and if possible the ceiling ( esp. if a flat ) you'd be...

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And how many were council controlled ? Do as I say...

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I have no issues with this as a concept. When ever I go round perhaps at short notice because they have an issue, I will find the house in very good working order spoiled by how the tenants treat the...

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The more you visit property118 the more you view it as a channel of fear and encouraging landlords to sell. I'd suggest propertytribes / propertyhub for a more balanced view of news. It's like the dailymail of proporty ownership !

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Reply to the comment left by Wendy O’Connor at 30/10/2024 - 18:17You will always sell a property. If it's not sold, it priced to high. Even a poor house will sell if correctly priced. You are correct the 'buy-it-quick' companies...

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If it's your only BTL I would ensure the rent is closer to what it should be. If you have multiple I would be less worried, one bad egg out of a dozen is fine. If it's one, well, I...

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Reply to the comment left by Downsize Government at 22/10/2024 - 11:09Your 1p reference is interesting as I noticed a 1p discrepancy on a deposit recently and thought nothing more of it. I will do now. Thank you.

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I think if the incumbent government made it more attractive to sell long term investments they would get an influx of taxes, if they do the opposite they will get a reduction or zero tax as most investors ( does...

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Going to work used to effect my mental health. I would have much rather been sat in a Spa then spend the afternoons on the beach. However, I need to earn money. FFS !

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I as a potential customer no one is going to read all that. Smoke and fire springs to mind. The trouble here is, advise is given and the buck lies with the customer. I have a split personal and company....

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I'll just keep taking the rent and recycling into ISA's, JISA's and SIPP's. If I need a lump sum I'll put a mortgage on something unencumbered and in the company. Let's see who the next government is in 4 years...

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Reply to the comment left by Reluctant Landlord at 10/08/2024 - 10:14I'm not buying, not because I don't want to, it's because the market is not conducive to doing so. It's not the interest rates, it's the legislation and effective...

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Only £11,000. I wish. I was buying stuff 30 years ago. 24% Brill. 28% Ok, thanks. Pushing to 30% I'm just not going to sell. This will put a hard stop on these sales. We will just wait for a...

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Reply to the comment left by GARY RIVETT at 03/08/2024 - 10:07I used to 'help out the tenants' but chucked that in 3 years ago. I now have a decent live style I'm not dealing with bottom feeders who scrape...

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Reply to the comment left by Tim Rogers at 01/08/2024 - 20:56All still historically low. I've listed some of my purchases and the prevailing BOE rate... Anyone in the BTL market for the past 15 years has seen an un...

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Reply to the comment left by Dylan Morris at 01/08/2024 - 10:27It wasn't caused by the government locking everyone down. It was caused by a global pandemic. Our government acted in the same fashion as pretty much all governments, of...

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Showing 20 of 90 comments

Paul Thomas

Paul Thomas


Registered with Property118.com

6th December 2014

Total Posts

0

Total Comments

90

Bio

Previous life freelance software developer. Now buy, refurb and let property.