Peter David, Author at Property118

Peter David

Reply to the comment left by Neil Patterson at 20/11/2019 - 15:14We have one set of tenants who are seriously damaging our rental property and their arrogance is being fuelled by the stance by governments that all tenants should be...

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I could not have put it better myself. My partner and I have already made instructions to our two managing agents to increase new rents by 25%. Or accountant has warned us of a huge tax bill coming our way...

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Reply to the comment left by "Alex Pawlowski" at "10/01/2017 - 12:06": I think there are good offers on one way flights from Heathrow to Russia still as well...

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Most academics are embarrassingly naive, and bizarrely, ill informed for the most part, and I, as a professional landlord wouldn't dignify this professor with a response. Unfortunately the prevailing government are as equally inane in their sentiment towards the private...

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Amazing, are we now Russia?

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Reply to the comment left by "Barry Fitzpatrick" at "11/11/2016 - 07:41": Is someone's putting LSD into the main water supply in Westminster?

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I hear you but if I was challenged about this I would say of course it's a business, I am employing three letting agents, spending an average of three thousand pounds a month on repairs. Paying huge amounts of vat...

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Reply to the comment left by "Chris Novice Shark Bait" at "19/11/2016 - 16:46": Of course BTL is a business! Not only that, we've just been through a year long tax investigation by HMRC large business division. If it wasn't...

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We need to raise this issue with local councils and tenancy associations. This is "Cathy come home" all over again.

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Just to chime in, our rents need to rise by £40,000 by 2021, for our portfolio to remain as it is. That's for 14 houses so it's going to be a truly dreadful time for tenants. They'll have to get...

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Reply to the comment left by "Appalled Landlord" at "18/11/2016 - 17:53": So instead of an arm and a leg it's two arms, both legs and half a torso. Oh for the days when it was just a pound of...

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Furthermore what on earth is the government doing interfering with businesses and making them financially unviable through extreme taxation? Myself and my partner are happy, our tenants are happy, our mortgage companies are happy, our management agents happy, the repair...

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Reply to the comment left by "Simon Hall" at "18/11/2016 - 14:54": It gets worse. If a tenant cannot pay the higher rent the council deems that person as having made themselves homeless. To find the extra £24,000 bill that's...

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Let me step in. Nigel's main remit is predicated upon notions of autonomy, which I also agree with. I'm a landlord with a portfolio and not ethnic. Who cares anyway about peoples' backgrounds - I certainly do not. It's this...

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Reply to the comment left by "Dr Rosalind Beck" at "18/11/2016 - 13:52": Hi, agree with totally. Our property portfolio is our pension. We have nothing else. Our tenants will be facing swingeing rent uplifts or we will sell up....

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Reply to the comment left by "Sunita Rickman" at "18/11/2016 - 13:43": If you think it's bad now, wait until we are forced to either raise rents hugely, or dump our properties..watch this documentary.. No Place to Call Home: www.bbc.co.uk/iplayer/episode/b0803b8x...

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Reply to the comment left by "Steve Wood" at "18/11/2016 - 13:38": Brilliant idea

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Reply to the comment left by "NW Landlord" at "18/11/2016 - 10:17": To offer some consistency to the logic, I would expect the government to disallow financial servicing costs from all business enterprises. So if I purchased equipment to build...

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Reply to the comment left by "Sara Webb" at "17/11/2016 - 16:54": In reference to Section 24 of the Finance Act 2015 ‘Tenant / Landlord Tax’ As private landlords we own fourteen mortgaged properties which we have slowly acquired over...

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Should we offer longer term tenancies?

24th April 2015, 11 years ago

I am concerned with what if the landlord needs to sell up with in a year or two ? Maybe the mortgage is maturing, and you plan to sell? Three years is a long time to be pinned down.

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Showing 20 of 22 comments

Peter David

Peter David


Registered with Property118.com

23rd April 2015

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