JJ

Registered with Property118.com
Tuesday 22nd May 2018

Trading Status
Sole Owner

Providing essential rental accommodation since
2002

Number of rental properties owned
0 - 5

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 208

JJ

15:24 PM, 3rd April 2020
About 5 hours ago

No Rent For Buy To Let Landlords

Reply to the comment left by Whiteskifreak Surrey at 03/04/2020 - 13:33
It's hard to over eat because you've got to stand in a long queue in the cold to buy food. 🙂

I still have to pay the mortgage on my own house. I still have to pay my council tax, utility bills, heating etc. But my expenses are going down because of the lockdown. If I was employed, furloughed and on 80% of my salary now I would have loads of money to buy booze. And that's what a lot of the people near me appear to be doing.

I'm self-employed. So my choice is, stay in routine, work on something monday-friday, only drink at weekends.... Read More

JJ

13:30 PM, 3rd April 2020
About 7 hours ago

No Rent For Buy To Let Landlords

Reply to the comment left by Gromit at 03/04/2020 - 13:27
I meant the costs for the tenants. I actually think their living costs will go down. Can't spend on petrol, can't eat out, can't drink out. It costs money to work as anybody who works or has worked knows. My point is that with the support available the majority of tenants should still be able to pay their rent although some will have short-term cash flow problems.

Yes of course, the landlords will still have their costs - finance costs and other costs.... Read More

JJ

11:49 AM, 3rd April 2020
About 9 hours ago

No Rent For Buy To Let Landlords

Reply to the comment left by Annie Landlord at 03/04/2020 - 09:13
I think there's something worth mentioning about renting to tenants or students.

Students who leave accommodation early don't necessarily stop receiving their grant. People who have been employed and are furloughed may have 80% of their salary. Even self-employed people may get help, although they may have to wait until June.

When the country goes into lock-down and you can't go anywhere most or your costs go down. You can't travel, socialize, go to the pub. It's also quite hard to over-eat. So your expenses go down. So most people should easily be able to afford the roof over their heads (there will be tenants with cash flow problems if UC or support for self-employed people takes a few months to come through).

I think one of the consequences of lock-down will that there will be a massive increase in home consumption of alcohol. But that's just a choice, it makes much more sense to only drink at weekends and try and stay in a routine. With the support that's out there most people *should* still be able to afford their rent.... Read More

JJ

16:47 PM, 30th March 2020
About 4 days ago

No Rent For Buy To Let Landlords

Reply to the comment left by Phil Barker at 30/03/2020 - 16:43
So if you look on the gov.uk website you'll find that people who are or were self-employed will be entitled to an income payment based on the average of the last three years SA302s but they won't be able to get that until June. So the last 6months abroad don't necessarily matter if he was working for the previous 2.5 years.

So you need to tell your agent that the rent is still due and ask the agent to find out what his employment status has been for the last three years. Was he self-employed over this time?... Read More

JJ

16:35 PM, 30th March 2020
About 4 days ago

No Rent For Buy To Let Landlords

Reply to the comment left by Phil Barker at 30/03/2020 - 16:10
So he's self-employed then, is that right?... Read More