Adam Withford

Registered with Property118.com
Sunday 1st May 2016


Latest Comments

Total Number of Property118 Comments: 50

Adam Withford

11:52 AM, 18th March 2019
About 2 months ago

Does bathroom with window need extraction fans?

Tenants will also just switch the fan off and cover the vent with a towel. Just put it in the heads of agreement so there is no misunderstanding that the property needs to be ventilated to not become infested with mould. I've already been through this.... Read More

Adam Withford

14:32 PM, 15th March 2019
About 2 months ago

Fergus Wilson Panorama documentary - now available on iPlayer

Do you really think his virtues aren't being used against him? Do you think he as a person who is gong to easily win the hearts of the general populace?

No, he is a puppet and is unaware of the damage that he will do. And possibly too self serving to see it anyway.

I note from your last two posts, that having enough money and distance can make you complacently comfortable. It's almost stereotypical behaviour, but you punched first.... Read More

Adam Withford

14:07 PM, 15th March 2019
About 2 months ago

Fergus Wilson Panorama documentary - now available on iPlayer

Reply to the comment left by Munro at 15/03/2019 - 13:30
LOL! The whole point about the Fergus Wilson show is that it is a good anti PRS publicity stunt. They can 'report' the problem, make the 'public' feel threatened and then give the solution i.e., more government intervention. The gov gets paid by the corporates, the corporates get their businesses approved and the people get shafted.... Read More

Adam Withford

13:22 PM, 15th March 2019
About 2 months ago

Fergus Wilson Panorama documentary - now available on iPlayer

Reply to the comment left by Munro at 15/03/2019 - 12:58
Part of my reasoning here is that pre 2007/8 regarding housing, the media was focussed on construction companies not building enough and forcing up demand by sitting on land-banks. The sub-prime market 'catastrophy' then gave a great scape-goat of the PRS, and so the attack changed focus.

It was soon after that the construction industry realised that private property was so much better as a rent return than office buildings, they could get into the game themselves and also appoint their own managements.

By selling 25%-50% share of the flats, they could return their investment and make infinite profit above on rent. The gov loves it because it 'legitimises' the rental sector. But to get public opinion right, they need to run a narrative against the PRS so it can squeeze them out so there is no competition. Hence why becoming a ltd Co is the 'escape', because then you are just as any other Ltd Co, and the gov wouldn't dare pushing the taxes onto the building/construction industry that the PRS have had to suffer.

The local govs love it because it brings in huge amounts of CT revenue with the land going vertical rather than horizontal, and I am sure the £450k 1 bed flats which is the starting price in much of London aren't going to be Band A. It also appeases their "low cost" housing initiative with the 25% shares as a £100k flat in London seems a steal doesn't it?

Where did the people who were moved out of London with their £40k gift(hearsay) for their flat and a relocation to Folkstone or Hastings get the money from? The local council coffers? Or the construction companies? WIN for gov, WIN for construction industry, WIN for media and public sentiment, lose for PRS and the general populace.

Call it conspiracy if you like, but it's an obvious path they have tread.... Read More

Adam Withford

12:50 PM, 15th March 2019
About 2 months ago

Fergus Wilson Panorama documentary - now available on iPlayer

Reply to the comment left by Munro at 15/03/2019 - 12:33
The modern media anti-landlord rhetoric started in about 2011/12 so far as I can tell. Tell me, if I see the side of a council rubbish truck with ROGUE LANDLORD in large bold written across the side of it, what does that do for public image? Even if it is doing a 'common good'. Nothing in media is unscripted or spontaneous, they just want it to appear that way or their magic would lose it's appeal and attention. Having work around the media industry, this is a given.... Read More