Pamela Potter

Registered with
Sunday 11th December 2016

Latest Comments

Total Number of Property118 Comments: 77

Pamela Potter

11:13 AM, 18th October 2017, About 4 years ago

Floating Charge on LTD company mortgage

Good to know. I have just bought three properties in a LTD company but all mortgages with Aldermore. There was a floating charge but it all went smoothly. I realise now from reading this thread that, should I choose a different mortgage provider next time, the story may be different. Went direct to Aldermore too so no FA to blame if mine went wrong.

Am planning to shift my personally owned properties (18 in total), over time into LTD companies and may choose, as mentioned above, to set up a new company for each mortgage provider to combat the floating charge complication. Although it does sound like a complete ball ache to be honest.... Read More

Pamela Potter

10:39 AM, 13th September 2017, About 4 years ago

Iain Duncan Smith Has Spoken Out For Landlords

Reply to the comment left by NW Landlord at 13/09/2017 - 10:15
I have just registered and sent an email. You never know. As I keep saying, every little helps.... Read More

Pamela Potter

14:42 PM, 23rd August 2017, About 4 years ago

Iain Duncan Smith Has Spoken Out For Landlords

I sent a letter to IDS thanking him for his article and copied in my own MP, Alok Sharma and Theresa May. Included a full run down of the demographic group for which I provide housing, the personal impact to myself, etc. etc.

IDS didn't respond but I think he's had quite a few letters of appreciation from us landlords but I did get a response from my own MP with the usual 'I will pass on your letter to the Treasury' blurb but, I did also get an acknowledgment from Downing Street that my letter had been received and read. So, you never know!

All we can do is keep on plugging away at it.

I still think they'll abandon it after two years so am hanging on in there for the moment.... Read More

Pamela Potter

8:17 AM, 19th August 2017, About 4 years ago

Trail of destruction by tenant from hell in Liverpool Echo

Similar story for me a couple of times now. Been there before and knew what was coming so, the last time it happened I offered the tenants opportunity to walk away from £4k rental debt if they went within two weeks. They did but left my house in a similar state to the one in this story plus they walked away leaving all of their furniture. Didn't leave a forwarding address and then messaged me to ask for their deposit back! I invested as a way to provide myself with a pension after my husband died but I'm getting out. I've been a good landlord to my tenants but enough is enough, the stress is too much and the constant battering from government in tax changes and a set up which favours the tenants with no protection for the us. Just not worth it. So many landlords now getting out because of this, let the government deal with the rise in homelessness.

I get regular calls from the council offering me financial incentives to take on benefit tenants because they're so desperate. I tell them every time 'not a chance'. I know there are good benefit tenants out there but the council will be putting them in their own housing stock first and letting the nightmare tenants wreck property that they don't have to pay to get fixed.... Read More

Pamela Potter

14:21 PM, 14th July 2017, About 4 years ago

Iain Duncan Smith Has Spoken Out For Landlords

Reply to the comment left by "Mike D" at "14/07/2017 - 13:11":

Maybe we should all sell up and invest in Premier Inn for the next few years?... Read More