joss URCH

Registered with
Tuesday 28th February 2017

Latest Comments

Total Number of Property118 Comments: 14

joss URCH

18:34 PM, 7th January 2021
About 3 weeks ago

Mould is a landlord problem claim tenants and councils agree by issuing massive fines

A studio flat in a block has mold which I'm about to treat with an anti fungi spray then paint with zinsser perma paint which should do the trick, has had the problem before with a previous tenants many moons ago, but this lockdown has intensified the situation with tenants staying home all day in a small space with heat on double glazed windows shut and 1960s walls I guess its not surprising.... Read More

joss URCH

18:02 PM, 12th December 2020
About a month ago

How long do I need to live in the property to avoid CGT?

Wow that video was spot on, Just what I needed to hear. There is so much bad advice its good to hear it from the horses mouth someone who lives the life, so thanks again Mark and Paul.
Britain could miss out on alot of tax which would be a shame, I once wrote to my MP suggesting they lowered the CGT to give landlords a window to get out and possibly boost there coffers in the shot term ... fat chance. I probably banged another nail in the BTL coffin... chow Im off abroad.... Read More

joss URCH

17:11 PM, 12th December 2020
About a month ago

How long do I need to live in the property to avoid CGT?

Reply to the comment left by Paul Shears at 12/12/2020 - 01:05
Hi Paul, Thanks for the info. I have a rough idea but its a big move one can never know too much so yes happy to chat, best for me by phone not sure how to organize this as not comfortable giving my tel no. out on any forum.... Read More

joss URCH

20:31 PM, 11th December 2020
About a month ago

How long do I need to live in the property to avoid CGT?

Reply to Paul Shears .
Without being able to incorporate your Loony exit plan sounds more and more attractive can you tell me when Mark Alexander discussed this option, as I'd love to get out of this tax trap.
Maybe Mark could let me know who could help with this possibility.... Read More

joss URCH

21:12 PM, 17th May 2020
About 8 months ago

Activists Urge Tenants to Stop Paying Rent

Dear Damien,

Thank you for your response, which immediately begs the question:

Why did you omit to mention in your article the significant portion of those applicants for Universal Credit (who are “falling through the cracks” such as my tenants) who’s rent will be FULLY met as you state that “it falls within the “lowest 30% of rents in any given area”?

Therefore the number of people actually “scraping by” with regards to rent could not be anywhere near 1.2 million.

And you have not responded to the fact that you refer your readers to an NEF report which gives the impression that under 25’s tenants applying for Universal Credit are going to have to choose whether to buy food or pay rent with the £79 per week that is in fact awarded for living costs when there is a separate and comparatively substantial award for rent.

All this is incredibly misleading.

It seems to me that the correct breakdown and information to be examined is:

A) The NEF report states that 1.2 million private renters whose income has been affected by Corona Virus are not eligible for furlough or SEISS
B) Of those, a small portion will NOT be eligible for Universal Credit either and will be in direct need of further assistance for both food and rent.
C) Of the remainder who WILL be eligible for UC, those paying the cheapest 30% of rents in any given area will have most likely have their rent met IN FULL by the housing costs award.
D) Of the remainder, whose rents are not met in full, some will receive a “discretionary housing payment” to top up (see below), and therefore will also have their rent met IN FULL
E) The remaining portion who’s rent will not be met in full and will not receive the above DHP but who WILL still have a portion met from the UC Housing costs award and therefore will have SOME arrears.

If the NEF could provide the numbers of people in these categories then we would have a true picture of the problem regarding the need for rent assistance and we could go from there.

Evidently those in category B) will be worse off than people in category E) as if they have lost the whole of their income they would then be struggling to find the whole of their rent rather those in category E) who are only needing to find the top up amount.

So what we are really talking about here is people who find themselves in category B) and E) and what are the true numbers and how can they be helped in these unfortunate circumstances?

In both cases again I would urge them again in the first instance to enter in to discussion with their landlords as to how to deal with any arrears and this could be resolved via payment plans, rent reductions etc. Many landlords I know have already reduced rents in line with what tenants can afford and written off arrears in order to support tenants therefore taking the financial “hit” themselves. Would you care to write an article about that?

If tenants and landlords engage in open and honest discussion with real information then we can find solutions and if necessary lobby the government from a unified position for any assistance needed.

Yours sincerely,
Joss Urch

Note: My apologies, you are correct, I was mistaken regarding the figure of £295.

For housing costs in Universal Credit the most a single person in shared private housing under 35 in the Inner North London BRMA is entitled to is £147.29 per week. This is the area relevant to my tenants situation.

I note that this extrapolates to £638.26 per calendar month, in an area that covers Willesden, Hampstead, Highgate and Islington.

This is my source for the information:

I also note that on the same page is the following statement:
If your housing payment does not cover all your rent
You can apply for extra help from your local council - called a ‘discretionary housing payment’.... Read More