Old Mrs Landlord

Registered with Property118.com
Tuesday 2nd February 2016


Latest Comments

Total Number of Property118 Comments: 241

Old Mrs Landlord

16 hours ago
Nottingham Landlord Licensing - Letter to Councillor

Reply to the comment left by Mick Roberts at 12/08/2018 - 17:40
Mick I think you should be billing the council for your time spent on completing these crazy forms.... Read More

What does the future look like for HMOs?

Reply to the comment left by Andy Graham at 11/08/2018 - 09:41With regard to your second paragraph, that is not a view that is supported by many estate agents. DIY skills in the general population under about 45 years of age are negliible. Of course I was not saying that run-down properties are exclusively bought by landlords or that landlords exclusively buy run-down properties, merely that most landlords look for bargain properties where they can add value. I said "landlords generally look to buy"... As for capital growth, away from the SE of England many of us have seen little or even negative capital growth if we bought before 2008.
Latest statistics show that rather than keeping on buying, property investors are selling. However the illiquid nature of housing means landlords cannot divest themselves of their properties in one quick operation, but there does seem to be something of a snowball effect developing as tax changes impinge on profits.
Your final point I am bound to agree with, in fact I find it hard to think of any aspect of life that is not affected by national economics and politics!... Read More

What does the future look like for HMOs?

Please explain why you claim PRS investment in housing is "bumping up price inflation". Landlords generally look to buy neglected properties, which have little appeal to prospective owner occupiers, at rock bottom prices and which they then bring up to lettable standards thereby improving the national housing stock. Obviously this makes the properties worth more, but this is surely preferable to allowing them to become derelict and permanently uninhabitable. Rent inflation is being caused by government interference in the market with ever more burdensome regulation and taxation.... Read More

Fergus Wilson's response to "Hero or Villain"

Reply to the comment left by Mick Roberts at 07/08/2018 - 17:30Yes Mick. I'm well aware of all the changes you list and their effects but I'm talking about a later reduction in LHA rates. I can only assume that there were so many one-beds with occupants on benefits that the reduction to the 30th percentile had the effect of reducing one-bed rents overall in the town so that the 30th percentile figure was rendered proportionately lower. The same rate is applied to a spacious flat or one-bedroom house with proper bedroom and bathroom as to a one-room bedsit with a shower cubicle in one corner and a cooker and sink in another.... Read More

Fergus Wilson's response to "Hero or Villain"

Reply to the comment left by Chris Daniel at 07/08/2018 - 11:15
This is an aside to the main subject Chris., but you mention housing allowance being frozen. I am aware that nationally rates are frozen until 2020, but we have one-bedroom flats in Weston-super-Mare where the HA ten years ago was £450 pcm. It is now £425 pcm. Allowing for inflation that is a massive reduction at a time of rising service charges, insurance etc.... Read More