David Dorset

Registered with Property118.com
Monday 12th February 2018

Latest Comments

Total Number of Property118 Comments: 51

David Dorset

10:27 AM, 14th November 2018
About A day ago

Deposit/Bond - Paper Guarantees?

Reply to the comment left by AA at 12/11/2018 - 17:30
I would be very interested in a scheme like this. The current set up is not fit for purpose. The DPS recently awarded me £30.00 for a cigarette burn in the middle of the lounge carpet. I would prefer they sent me a card with a laughing monkey soundbite inside as this would have been less offensive.
Good luck with the scheme and yes if it can be worked out on the legalities then i am in!!!... Read More

David Dorset

9:08 AM, 26th September 2018
About 2 months ago

David Dorset

9:40 AM, 17th August 2018
About 3 months ago

It's a personal Brexit for this landlord!

Very interesting article and i can be in the same situation albeit on a smaller scale.
I have 12 rentals, and wouldn't object in a few years time to living overseas.
I agree 118 is my daily read and i have put several friends onto it.
Jointly there is a massive amount of knowledge with the members of this site and i am interested in the software as well.... Read More

David Dorset

9:34 AM, 17th August 2018
About 3 months ago

Respond now or get 3 year tenancies!

Excellent questions posed above!
Remember every action has a reaction. This along with all the other crap that the government have come up with on the rented sector is soon going to drop on them like a tonne of horse poo. It will be rented chaos. Homelessness will go up and you will have people in decent work who cannot afford to rented a small flat. When it does the only people that can help resolve it will be landlords and the government will need to backtrack and create a fair playing field before they get any co operation from me!... Read More

David Dorset

14:29 PM, 14th August 2018
About 3 months ago

BoJo's proposed Stamp Duty reforms

Rightly or wrongly i am waiting for the crisis to deepen so it will become much more in the public domain. At the moment it barely makes news.
I am not highly educated nor do I spend hours studying the PRS issue each day so my view may be simplistic or wrong. However my view is that society is producing the same amount if not more people who then leave school and go into their 20's needing somewhere to live. Sharing and rent a room has taken up some of the slack, and maybe Brexit will create a bit of a temporary pressure release but overall we are still producing the same quantity of people who need to be housed.
My understanding is that, due to the recent policies that the government have introduced, becoming a new landlord is no longer a viable proposition. In fact I understand that many existing 'casual' landlords (those in full time work and also running one or two properties) and some older long established landlords are selling up and leaving the sector. So with a massive reduction of new landlords coming into the sector and a reasonable percentage of existing landlords leaving the stock of available rented property will drastically decline each year. The government believes that all young people want their own home but i think that we have a culture in this country where buying is so expensive and restricted that many younger people choose not to buy and want to rent. This gives them flexibility and of course they can often rent a better property than they could otherwise afford to buy.
My view is that rent will rise significantly over the next few years and that the government will have no choice but to do a U turn on their ridiculous policies. However by then the damage will be done and will take years to correct.
So with the increased stamp duty, restriction on mortgage interest relief, Interest rate rises and general over legislation the tipping point must arrive in about a years time. Landlords are often painted as demons and a scar on society. But what will happen when they start to become extinct?... Read More