Michael Holmes

Registered with Property118.com
Sunday 22nd September 2013


Latest Comments

Total Number of Property118 Comments: 79

Michael Holmes

19:17 PM, 10th December 2018
About 2 days ago

79% of Landlords only able to cover their mortgage interest

Reply to the comment left by Whiteskifreak Surrey at 10/12/2018 - 09:16
I agree to some extent, but ‘comrade Corbynov’ is a wuss compared to ‘comrades Osbornsky and Carneytov’ both of whom have gone all neo-Marxist, as has the bulk of the Tory party. All they can think about is retaining power at any cost. The Brexit situation confirms this.... Read More

Michael Holmes

23:40 PM, 9th December 2018
About 3 days ago

79% of Landlords only able to cover their mortgage interest

Reply to the comment left by Ian Simpson at 09/12/2018 - 21:34
The Home Counties may well be the first to see a reduction in enquiries. In the South West, we are in the midst of a building boom which has been going on for the last 6-7 years, mostly caused by white flight from the North and East. Our HMOs are in the Falmouth area which has had a major investment by Exeter University. this has kept the market very active. It is only showing a levelling off of interest at the most at the moment. Major operators are moving in to provide student blocks now.... Read More

Michael Holmes

8:14 AM, 8th December 2018
About 5 days ago

79% of Landlords only able to cover their mortgage interest

Reply to the comment left by Michael Holmes at 07/12/2018 - 21:40A slight amendment, yes the housing stock is the same, but the housing capacity is reduced as a result of all the fiscal and regulatory changes made to the PRS. With a steady influx of new immigrants still coming in at the rate of 250,000 plus per year, we never will have enough housing of course. Why do we have such idiots running the country, maybe there is something in the water ? Maybe the Chemtrails conspiracy theory is true after all!... Read More

Michael Holmes

21:40 PM, 7th December 2018
About 5 days ago

79% of Landlords only able to cover their mortgage interest

As a case in point, we have just sold a potential HMO to private buyers because we didn’t want the bother of upgrading the property to that level. It housed 6 students, now it will have a couple only using it. I expect many other landlords are thinking of doing the same thing, so there will obviously be a reduction in overall housing stock coming down the line in the next few years.... Read More

Michael Holmes

16:21 PM, 28th November 2018
About 2 weeks ago

Abandoned Property and keys left?

HReply to the comment left by Sally Tattersall at 28/11/2018 - 14:15Hello Sally
Still no answer to the question of who do I serve the notice to in the absence of a tenant. The mother has a load of problems of her own, her son tried to commit suicide last week and he is also a junkie, so she really is not up for any more s**t coming her way. Dumping a dozen bin bags of clothing on her doorstep is not an answer I am afraid. It might even tip her over the edge. I will see if I can get any info. from the SS, You never know.
Regards,
Mike Holmes... Read More