Lee Bailey

Registered with Property118.com
Monday 1st February 2016

Trading Status
Sole Owner

Providing essential rental accommodation since
2004

Insures properties through a broker recommended by Property118
Yes

Rating of Broker (1 - 5 where 5 is the highest)
5


Latest Comments

Total Number of Property118 Comments: 11

Lee Bailey

0:13 AM, 27th August 2020
About 3 months ago

4 week eviction ban extension and 6 month minimum notice period

Just a curious question:

As BTL mortgages are mostly unregulated, I was of the understanding that it meant the lender can repossess after just 2 missed mortgage payments.

1) Is that correct?

2) If it is correct, then how would 6 months 'eviction notice' be possible if a landlord simply stopped paying the mortgage?

3) If the lender were to repossess so quickly, then would 4 months of tenant housing costs fall upon the landlord?

Thanks... Read More

Lee Bailey

17:52 PM, 21st August 2020
About 3 months ago

4 week eviction ban extension and 6 month minimum notice period

I have no doubt that some landlords will now be watching that 'Lickspittle' Robert Edward Jenrick, very closely indeed.... Read More

Lee Bailey

14:18 PM, 21st March 2020
About 9 months ago

Bank Base Rate cut to 0.1%

Reply to the comment left by Lee Bailey at 19/03/2020 - 17:15
Apologies Everyone... I was misinformed.... Read More

Lee Bailey

13:40 PM, 21st March 2020
About 9 months ago

Bank Base Rate cut to 0.1%

Reply to the comment left by Paul Simmons at 20/03/2020 - 11:41
Thanks Paul, yes you are very correct. I was misinformed.... Read More