Elisabeth Beckett

Registered with Property118.com
Monday 21st March 2016

Latest Comments

Total Number of Property118 Comments: 5

Elisabeth Beckett

11:18 AM, 18th February 2020
About A day ago

Call for new Chancellor to reverse decline in PRS

Why would anyone want to come into being a landlord in this environment where the government changes things we have budgeted for retrospectively making property an unprofitable business. Your article says the NLA suggests Landlords might be
'converting large properties into smaller, more affordable units of accommodation' but even this might mean if you convert something into six units in no time at all the council might start charging 6x council tax. It is all nonsense. What they should be campaigning for is that new tax and financial rules cannot be applied to retrospective purchases of buy to let properties. We, as responsible landlords, planned our costings of purchase, stamp duty, upgrading etc against achievable rents (minus tax liabilities and costs). The tax liabilities have increased, the bank rate increased a couple of years ago, insurance premiums have increased, council taxes have increased by around 5% for each of the last two years and licensing brought in to many more properties (with no justification of spend), no fees can be charged for tenant checks, AST agreements or deposit scheme costs. No business can keep having increased costs hitting them without having to pass these costs on to the tenants. If councils start charging per room for council tax on an HMO, my tenants are going to be very upset with a £1500 a year hike in rent through no fault of my own.... come on.... 9 housing ministers in 10 years, where is the continuity of someone who understands what's going on and plans a long term strategy out.... Read More

Elisabeth Beckett

11:06 AM, 18th February 2020
About A day ago

Tenant claiming £10k damages?

your tenant sounds like a bully who has had 'advice' from a 'legal' friend. You know that you have done all that has been asked and you have not had a deposit. This tenant is unlikely to take you to court as they would have to prove they had paid you a deposit (their signature on each page confirms they have not), as well as proof that they notified you of any repairs. Just issue them notice to leave as soon as you are legally allowed and get rid of them. Please do NOT, as some landlords do, provide a good reference for them to a new sucker to might house them. If the council are ignoring your correspondence you need to raise a complaint and escalate it. You have a right to have the property signed off.... Read More

Elisabeth Beckett

21:53 PM, 18th November 2019
About 3 months ago

Nottingham Licensing increased to a whopping £890!

What about Bristol where it’s nearer £1500? This whole situation is completely out of hand. It’s the councils way of making money and paying all those pensions.... Read More

Elisabeth Beckett

9:15 AM, 21st August 2017
About 3 years ago

Six ways to use property data to earn more from property

Although easy to use I think the data is misconstruing the situation because there are many properties in the area that I searched that are HMO's and rented by the room by spare room and gumtree. It didn't show ANY 3 or 4 bedroomed properties as it appears to miss this information completely and of course the rental on an HMO, from my experience, is much higher per property. I would suggest if you look at somewhere like Cambridge also where 6 bed HMO's renting at £500-750pm per room, a novice newby would never realise these were possible so the data should really analyse the spareroom type data too on rooms to rent. Hope this is hopeful suggestion. My 2 bedroom one bathroom properties in Bristol were converted to 3 and 4 bed with at least two showrooms, the rental in that area is showing as around £200pw, mine are double that.... Read More

Elisabeth Beckett

18:07 PM, 21st March 2016
About 4 years ago

Campbell Robb - Why are you supporting the Tenant Tax?

What a great letter Ros. I have been pursuing this through my local MP Nick Boles, having had a meeting a few weeks ago through an appointment at his surgery. I am starting to put my rents up in readiness for this onerous tax. My point is that if we, as landlords, have to pay tax on turnover, so should all the plumbers, electricians, builders, roofers etc. My property portfolio is a self employment business like any of those so of course I should be paying on profit not turnover. If this is the case, I have no choice but to pass the cost on, like a business having VAT added to it's products for the first time. This is not a fair tax - we bought our properties having worked out the margins - it will stop me upgrading my properties on a regular basis. If MP's were told they had to pay 10% stamp duty on their property if they bought it in the last 10 years they would think that unfair. If the tax is to come in, it should be on new purchasers then landlords would have the ability to decide not to buy more BTL properties if the figures didn't stack up. My properties are HMO's mostly with four bedrooms and not one of my tenants either wants to or is able to purchase their own property. If there was a shortage of these sorts of properties on the market, there would be no estate agents. This tax should also be for Housing Association and council property and they should not be able to offset their costs/offices/pensions/etc against the income either. It would cripple them.
Keep up the good work, Ros - we need people like you pounding the drum for all of us. All landlords should be contacting their MP's - if there is enough noise about it, this might get quashed.... Read More