user_14547

Registered with Property118.com
Monday 24th July 2017


Latest Comments

Total Number of Property118 Comments: 119

silversurfer2017

11:56 AM, 2nd April 2020
About 3 days ago

Government have created chaos in the PRS

Reply to the comment left by Freda Blogs at 02/04/2020 - 11:03
You are absolutely correct. You are not regarded as self employed if you are a residential landlord. Not really treated as a property business either. Strangely holiday lets seem to come out of this very well. I have just one holiday let which is registered for business rates although have a low rateable value I get 100% exemption from paying. Government grants are a minimum of £10,000 and so I am hopeful I might qualify. I have has 6 cancellations so far and the only booking I have which might happen is for one family who have booked a week for this Christmas! It does seem wrong that people who provide permanent homes are being treated more harshly by the government than owners of holiday homes.... Read More

silversurfer2017

11:37 AM, 2nd April 2020
About 3 days ago

Government have created chaos in the PRS

Reply to the comment left by Paul Shears at 02/04/2020 - 10:35
You are right. Only bank shares at the moment. However there are rumours that companies who have had, (or their employees have had), substantial government financial help should at least reduce their dividend payouts. But there will be exceptions to reductions in dividends. Shell which currently yields 10% last cut its dividend in 1945! and has put measures in place to try to maintain its payout. There are also utility companies like National Grid, Severn Trent and SSE which should not be unduly affected apart from staff being off sick. I also can't see the dividends being reduced by any of the major supermarkets! Disclaimer - I own shares in several of the companies mentioned and so please don't take this post as a recommendation to buy without doing your own research.... Read More

silversurfer2017

9:40 AM, 2nd April 2020
About 3 days ago

Government have created chaos in the PRS

Reply to the comment left by Paul Shears at 01/04/2020 - 22:14
How about getting 4 NHS workers and charge them 50% of the rent you were getting before. Help out the country and at least get some of your income. (this is what I have done with one of my properties which is reasonably close to a hospital). You will probably find viewing restrictions can be relaxed if they are key workers.... Read More

silversurfer2017

14:07 PM, 30th March 2020
About 6 days ago

Full Government COVID-19 guidance for landlords and tenants published

Anyone know the Council Tax position with vacant properties you can't rent out or can't sell because of viewing restrictions. Normally due to a void the landlord has to pay the council tax during a void period. But if a landlord cannot do viewings for prospective tenants or an owner do viewings for prospective purchasers it seems harsh that there is not any concession about paying the full amount of council tax.... Read More

silversurfer2017

18:33 PM, 26th March 2020
About A week ago

NHS Staff and Vacant Flats (Free Rent)

I agree - charge something like £30 per calendar month and don't take any deposit. Do a 12 months AST with a 6 months break clause. Your NHS tenants can leave at ant time and just pay any outstanding monthly rent which of course will be minimal if they want to leave before the fist 6 months is up.... Read More