Peter Merrick, Author at Property118

Peter Merrick

Given the shortage of rentals on the market, renting will simply become the preserve of the best placed tenants that can afford it, i.e. two incomes or higher rate PIP claimants and clean credit record. All others will be sofa...

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What problem did the RRA fix? It wasn't meant to fix anything, apart from the prevalence of private landlords compared to corporate, and the property rights that direct landlord ownership implies. Corporations failed to take over as intended after the...

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So roughly 4% of all UK rental stock has been lost in a single year. Assuming very little replacement, e.g. 1% per year due to punitive SDLT and other taxes, supply would shrink by about 50% in little more than...

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Obviously as the great physicist Sir Isaac Newton said so many years ago, for every action, there is an equal and opposite reaction. And as the chemist le Chatelier said, if you unbalance an equilibrium, it will move in such...

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Reply to the comment left by Cider Drinker at 17:14 Hear, hear, they are going to have such a shock when they discover that the much-vaunted ban on no-fault evictions was a complete and utter lie and a shameless exercise...

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Many of the small, self-managed private landlords who are the most likely to sell up do not advertise on the large portals like Rightmove, Zoopla or OTM. They are more likely to use private platforms like Spareroom and Openrent, which...

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Reply to the comment left by Billy Gunn at 04:09 It's true that if your net income before deduction of mortgage costs is less than the higher rate threshold, or you don't have a mortgage, then section 24 won't make...

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Sadly, with their ideological hatred of private landlords, I suspect that they would rather die on their swords than do anything to reverse their attacks on the PRS. It would help if they realised that landlords are actually human beings...

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The Act and all the politicisation of property and renting is clearly designed to gradually force "undesirable" private landlords out and have them replaced by proper entities like larger companies and corporations. You only need to look at the level...

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Maybe it's possible to charge high rent for 8 months and then allow them the last 3/4 months "free" if they need longer? I'm not sure about the legality of that though.

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Very surprising statistics. Supposedly about 50% of BTL mortgages are repayment, and mortgaged property has gone from 69% to 51% of inventory in the course of just one year, so about 25% of BTL mortgages have been discharged in just...

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Once section 21, "the leading cause of homelessness" is removed, I wonder what they will have left to blame for the ever-increasing levels of homelessness? One positive point though, is that they think that the digitisation of the court process...

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Reply to the comment left by Paul Essex at 13/04/2026 - 09:17All it says is that they advised the tenants of their legal right to remain until a court order is enforced. We don't know from the article if they...

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It's all part of the plan ... from now on, just don't ever take on a tenant that gives the slightest room for doubt.

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Reply to the comment left by Mark Alexander - Founder of Property118 at 23/03/2026 - 09:05They are not interested in fairness, only in squeezing the dirty business of private property letting until the horrid perpetrators squeak. They know that landlords...

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Most D grade freehold properties can be upgraded to C with little disruption by adding solar panels, and the rent can reasonably be increased to reflect tenant savings, so could be cost neutral with the right finance. Hopefully by 2030...

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The best protection as always is to be ruthlessly careful who you rent to, so as to avoid bad tenants as far as possible and not need to issue a court order for non-payment, ASB, etc. This could have the...

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Reply to the comment left by PAUL BARTLETT at 13:30 We don't really live in a democracy any more. It's more like a "pressurocracy" than anything else. Whoever shouts the loudest and longest gets what they want, like little children....

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Reply to the comment left by Paul Essex at 02/03/2026 - 12:43If it gets to that then I will just stop paying the mortgage and dare the lender to repossess the property so they have to evict the tenant. At...

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Who knew knew that property requires active input to keep it in good condition, especially rental properties? Clearly the politicians, who mostly own and manage their own homes, are wilfully blind as they seek to undermine landlords in any way...

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Showing 20 of 213 comments

Peter Merrick

Peter Merrick


Registered with Property118.com

29th October 2022

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213