KD South East

Registered with Property118.com
Wednesday 22nd February 2017

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 23

KD South East

7:47 AM, 21st June 2020
About 2 months ago

Local Housing Allowance and rent increase?

Reply to the comment left by BTL Landlord at 20/06/2020 - 15:34
With regards to whether your tenant will need to pay part of the increase in rent, it depends whether they are already paying something towards the rent out of their own income or not.
UC or WTC have a income thresholds and anything earned over that the tenant loses benefit at 63% (I believe) per pound. Very high if you compare that to taxation. So the tenant could end up paying extra, or might not, depending on their individual circumstances.
A lot of tenants in my area currently pay towards their rent from their living costs benefits, as the rent is not fully covered by the LHA. (I live in a very expensive area of the south east). But obviously this means they have less to live on.
I don’t know the answer to the section 13 question sorry.... Read More

KD South East

9:47 AM, 20th June 2020
About 2 months ago

Local Housing Allowance and rent increase?

I thought the increase in benefits and LHA level was temporary due to Covid? At least that’s what the chancellor said when he introduced it. I don’t remember the exact details but thought he said a year. He may decide to keep it but you never know.
You may find yourself in the position (if it is reversed) that the tenant can’t pay the increased amount.
The LHA seems here to be a reason for increasing rent, rather than that being the going rate for the property. Unless you have been undercharging previously?

Please bear in mind that the rent increase may be a disincentive for the tenant to find work in the future as they will then be responsible for the rent increase and may be trapped on benefits for longer than they would like.... Read More

KD South East

9:03 AM, 14th June 2020
About 2 months ago

What Planet Are They On?

Interesting that the left are still being blamed more than the right. When there has been a Tory government for 10 years, and there still is.
Blame who you like but be aware of your own biases, and consider the possibility that maybe, just maybe you might have backed the wrong horse.... Read More

KD South East

8:53 AM, 23rd November 2019
About 9 months ago

Labour Manifesto - Attack on the PRS

Did you actually read the manifesto? This is a very biased article and you’ve missed out some important points.

Most notable a Department for Housing, a levy on overseas companies buying homes, keeping the Land Registry in public hands, and a major focus on building homes and making social housing fairer and fit for purpose.

The levy on second homes (double council tax) is already available to councils to use. This will be used to end street homelessness within 5 years. For anyone who lives in a city, or in areas like Cornwall which are becoming ghost towns because no one lives there, this is desirable.

Here’s the relevant section on Housing in the Manifesto.
https://labour.org.uk/manifesto/tackle-poverty-and-inequality/

Please, some less biased writing would be appreciated.

The Conservatives want to abolish section 21, have attacked the PRS mercilessly without warning or without anything being in their manifesto. They will sell of the Land Registry, They Introduced immigration checks by landlords (Right to Rent) and really have no plans for anything. They promised right to buy for HA tenants 9 years ago and that still hasn’t happened along with many other promises. Adult social care anyone.
If you want another wasted decade for this country vote for the Conservatives, if you want something better, vote for anyone else!... Read More

KD South East

16:10 PM, 13th November 2019
About 9 months ago

As a Landlord in the General Election I intend to vote for:

Deficit is not the same as national debt. If you reduce public spending to the bone, as has happened in the last decade, then the deficit is of course lower. The recent pledges by the Conservatives to increase police numbers, and spending on the NHS etc (that are necessary and long overdue) will increase the deficit again.
The international financial crash in 2008 wasn't Labours fault and of course the economy was damaged and at a low point when the Tories took over in 2010.
National debt has been growing throughout the past decade. You can see from the chart in the link that it was pretty stable under Labour till 2008.
https://www.ukpublicspending.co.uk/uk_national_debt_analysis... Read More