Tim Peters, Author at Property118

Tim Peters

Reply to the comment left by Judith Wordsworth at 18/04/2026 - 09:49That may be true but now that leaseholders have a right to extend their leases to 999 years, the land value is worthless. No investor will wait 1,000 years...

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Reply to the comment left by Judith Wordsworth at 15/04/2026 - 22:12I don't think an insurance valuation would help. We have one building insured at £5.2M which was its independently valued reinstatement cost, even though the market value of all...

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No, unfortunately it would be worthless Using bank of England rates, £250 today will buy the same as £4.67 100 years ago. We can't predict future inflation, but using historical rates, in 100 years the ground rent won't be worth...

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I completely agree, it can work in limited circumstances although I have always served s5 notices to be sure it can't be challenged........it wasn't me suggested OP could avoid right of first refund transfering the shares

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This is not as widespread as people think. Yes service charges have increased in recent years but what the government don't say is that much of it is due to their policies I managed buildings for 4 units to 300...

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@Helen... If it's a peppercorn rent and a long lease, what exactly do you think you are selling. As an investor, you only have potential liability for the owner of the freehold They aren't getting and income from ground rent...

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I would be very careful to check the articles of association (assuming it is a company) and also the sub leases to be sure you can do the share transfer without rights of first refusal. It's been a while since...

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So can we expect the council to pay compensation to the landlord 🙄

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Reply to the comment left by L Bennett at 08/04/2026 - 10:59I agree it is but it's stupid to ban or heavily charged for something when the alternative (illegal though it may be) costs the council more. It called cutting...

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Tenant starts fight with management?

8th April 2026, 2 weeks ago

As both a landlord and someone who manages residential blocks, this is an interesting one. 1. It is very likely that your lease makes you responsible for damage caused by your tenant and the agent can come after you. They...

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I make it 60 months but in principle yes

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I don't think a landlord has standing to go to Tribunal over a rent increase. The tenant either accepts it, or THEY have to go to Tribunal. If they do neither I think the landlord would have to treat it...

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Reply to the comment left by Ryan Stevens at 31/03/2026 - 17:29You are probably not allowed to discriminate against someone for taking their landlord to a tribunal 🙄

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Reply to the comment left by Ian Narbeth at 31/03/2026 - 11:55That is a good idea and will help in 2 years time (as at present there is no way to have challenged it) but by then the courts will...

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Reply to the comment left by Reluctant Landlord at 26/03/2026 - 13:46The downside with that approach is that if you use the grounds of a sale or occupation by a family member, you can not then relet that property for...

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It's an interesting idea... I am not sure where you get 4 months from. My last Ft-T application took 14 months to get to a hearing

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Reply to the comment left by Ian Cognito at 26/03/2026 - 13:14touché

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Reform UK vow to scrap the Renters’ Rights Act I guess that will push any landlords left in that direction then.

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I make a prediction.... EVERY rent increase is going to be challenged. No landlord will bother to increase the rent by less than £50, so for £47 a tenant can block the increase until the hearing (probably 18 months +)...

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I genuinely don't understand this hostility to freeholder. When the buyer purchased the flat, the deal would have been clearly set out including the amount of the ground rent and future increases. The buyer must have had independent advice from...

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Tim Peters

Tim Peters


Registered with Property118.com

16th October 2023

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