S Somerset

Registered with Property118.com
Friday 21st October 2016

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 14

S Somerset

12:16 PM, 16th July 2019
About 6 days ago

Johnson considers Stamp Duty switch from buyer to seller

Reply to the comment left by Mick Roberts at 16/07/2019 - 11:19
It could go either way:
eg. For those moving up the ladder selling their £200k house to buy their new £400k house they will think that they're 'saving' stamp duty on £200k, so might be willing to sell their £200k house for less!

Who knows?!... Read More

S Somerset

8:56 AM, 16th July 2019
About 6 days ago

Johnson considers Stamp Duty switch from buyer to seller

Any idea when this would come in 'IF' it ever does?

We're planning to sell up and move overseas - could be a big hit for us! And the retirees / downsizers as someone else mentioned.... Read More

S Somerset

11:10 AM, 12th February 2019
About 5 months ago

CCJs - can you inform friends, families and community associations?

I don't have any advice for you on this one, except be careful!

We had a terrible non-paying tenant who we became quite nervous about as he seemed to know every trick in the book, and would use anything he could against us. All worked out fine in the end, however I do wish there was a 'Bad Tenant Register' just as there's now one for bad landlords.

And failure to pay rent should appear on their credit record too - not just a voluntary option. There should be more incentive for them to honour their contractual obligations, rather than focussing on getting away with as much as they can (which seems an all too common attitude among a minority of tenants).... Read More

S Somerset

12:28 PM, 6th December 2018
About 8 months ago

Agent bites back at Westminster for 5 week deposit cap

*rant warning*

If we had a legal system sufficient to evict bad / non-paying tenants efficiently, landlords would not necessarily need such a large deposit.

I'm from Australia, and we can evict tenants after they are 15 days late in their payment! They are then evicted very swiftly - minimising the loss and stress to the landlord. That said, there are very few poor paying tenants.

Here in the UK I had to evict some non-paying tenants (they had plenty of money, but chose not to pay) and it took me 6 months plus through the courts. Having 6 weeks' deposit, plus landlord insurance lessoned the blow. But the real issue lies with the pro-tenant legislation, plus illegal advice from Shelter and local authorities, plus tenants poor records not following them around.

So much talk about a bad landlord register (fine with me), but what about a bad tenant register too?

There's such an entitlement culture here in the UK!

*rant over*... Read More

S Somerset

10:51 AM, 14th August 2018
About 11 months ago

Why UK landlords are flocking to Portugal

Reply to the comment left by Lee Gough at 12/08/2018 - 11:36
wonderful post! Where in Portugal are you located?... Read More