Richard Adams

Registered with Property118.com
Friday 27th September 2013

Location
Shipston-on-Stour

Trading Status
Sole Owner

Providing essential rental accommodation since
2006

Number of rental properties owned
0 - 5

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 400

Richard Adams

22:15 PM, 12th January 2020
About A week ago

REMINDER - CGT rules are changing in April 2020

Reply to the comment left by Mervin SX at 12/01/2020 - 19:41
Glad it is not just me uncertain. Exactly this scenario will be facing me within 18 months or so. Wise informed advice will be welcome!... Read More

Richard Adams

21:40 PM, 10th January 2020
About 2 weeks ago

REMINDER - CGT rules are changing in April 2020

How does this new April 2020 CGT rule effect a situation where CGT applies on sale of a property while at same time, same tax year probably, capital losses apply to other sales? How can the losses offset the gain if immediate payment of CGT is required?... Read More

Richard Adams

14:32 PM, 31st December 2019
About 3 weeks ago

How do I get the CCJ registered with the Registry Trust?

Reply to the comment left by FOX30 at 31/12/2019 - 14:15
Fox30 yes there is an avenue to recover your £8000 owed. Contact Debt Collection Bailiffs. Costs only £60 to get them batting for you. You've cot copy of the CCJ so you are good to go. Prior to signing up though you need to tell them you have no address etc for your errant tenant. This is your Achilles heel although DCB do have a facility for finding addresses etc. If they cannot in your case then you are probably stuffed. Equally do you have reason to believe the tenant has the means (or assets like a decent value car which DCB can and will take away to sell) to at least pay something? If not forget it. If though you ended up receiving say £200 odd per month ongoing it would at least be something. Remember that if you believe the tenant has nothing now the CCJ is enforceable for recovery for 5 years I recall after its issue date. So if in the future he/she is working and earning properly say then DCB can swing into action then.... Read More

Richard Adams

13:51 PM, 31st December 2019
About 3 weeks ago

How do I get the CCJ registered with the Registry Trust?

John, if you KNOW for certain she is pulling circa £5000 a month then surely your priority is recovering what she owes you? Registering CCJ is secondary for you. If you instruct Debt Collection Bailiffs to collect and give them evidence of the £5k a month income they will do the job I'm sure. It is an earner for them after all. If all else fails dob her in to HMRC for non declaration and payment of tax which is likely the situation. Makes me wonder just what sort of consultancy service such a person can possibly offer and get paid for? Maybe she professes detailed advisory knowledge on how to become a scum tenant??!!... Read More

Richard Adams

20:39 PM, 18th December 2019
About a month ago

Tory Landslide - Landlord Reactions

Reply to the comment left by Neil Patterson at 18/12/2019 - 08:53
The post was "Landlords Reaction to Tory Landslide" and what was posted was precisely that so very much on topic. After exchange of opinions between those of us who were ecstatic and others of the opposite persuasion I was dumbfounded that so many of the latter view are indeed Landlords at all. To become a landlord requires a positive outlook and acceptance of risks etc along the way.... Read More