Tim Rogers

Registered with Property118.com
Saturday 18th November 2017

Latest Comments

Total Number of Property118 Comments: 54

Tim Rogers

10:39 AM, 9th April 2021
About 2 weeks ago

Smart Meter Installation - thoughts please?

I've yet to understand the logic about 'they save you money'. Who actually looks at the consumption rate and does an empirical analysis to verify which appliance used when costs what?

Interestingly what has not been published, but has been discussed between Gov and industry, (don't ask connections from a former life), is the potential for 24/7 banding of prices.
We are familiar with the concept of overnight lower rates, economy 7 etc, but intelligent meters open the door to a much finer segmenting of the day and the possibility of automatic price increases during high demand periods. It would be quite possible to up the charge during the FA cup final interval, (when there is a surge due to kettles), or something similar.

Not sure if it's a good or bad thing, but it's a little big brother...... Read More

Tim Rogers

12:02 PM, 29th January 2021
About 3 months ago

Landlords unable to respond to London council’s so called “consultation”

It seem that it is way past time to correlate all the data from all the licencing schemes and show clearly the activity of the councils in checking properties etc, (where was it that they only visited some 190 in 5 years but had 9 mill in fees), the benefit to tenants, ( or the cost increase etc), the holes in their administration ( such as having to show your passport so many times, why not scan and log it for reference), The level of exit from the PRS sector and the additional strain on council resources.
Put a balanced and well structured report together and then press the MPs and ministers to change direction.
The collating is a lot of work, but it's in our own interest.
How would members feel about crowd funding such research?... Read More

Tim Rogers

12:05 PM, 20th January 2021
About 3 months ago

Deciding the way forward for my exit?

As Laura says, the pending changes to lease extensions should make a difference, if you can I'd hold off until then.
I don't know the purchase price to you, the rental or the sale price once extended, but it might be worth considering not extending at all and just to let them to the end of the lease, when you will be 99(ish).
It may make sense in terms of ease of life, if your purchase price, previous rental and 45 years potential rental balance or show profit.
Besides, who knows what further changes may occur, ( but that's a two edged sword).... Read More

Tim Rogers

18:02 PM, 15th January 2021
About 3 months ago

EPC failed - Can’t let it, can’t sell it, can’t pay for the work?

Reply to the comment left by Phil lloyd at 15/01/2021 - 12:03
Didn't I read somewhere that the government is intending to raise the EPC level to 'C' before you can let?... Read More

Tim Rogers

12:12 PM, 27th October 2020
About 6 months ago

How do I transfer ownership of my rental house into my wife's name?

Reply to the comment left by Neil Patterson at 27/10/2020 - 10:07
If one does a "Deed of Gift" etc to your wife of a non mortgaged BTL property does any Capital Gains effectively get wiped out?
Ie Purchased for £100,000 20 years ago value at time of transfer £300,000, if the property was then sold after a couple of years for £320,000 would she be liable for CG on £20,000 or £220,000?... Read More