Lesley Thomas

Registered with Property118.com
Thursday 15th November 2018

Trading Status

Providing essential rental accommodation since

Number of rental properties owned
11 – 20

Insures properties through a broker recommended by Property118

Latest Comments

Total Number of Property118 Comments: 17

Lesley Thomas

11:13 AM, 19th March 2020
About 4 months ago

Three month mortgage payment holiday extended to Buy to Let

I think what is needed is an understanding as to what are the circumstances surrounding each tenant making a Rent Holiday Request (RHR). Hard proof of their loss of employment/income is the first stage. I think without this, it may be difficult to substantiate a landlord's BTL mortgage holiday request to their lender (criteria's yet to be confirmed).
Some tenant's partners, spouse or joint tenants may still be in work, so they may be able to make a contribution towards some of the rent, leaving a lesser shortfall/arrears.
Then we need to establish what government support/benefits a "laid off" Covid-19 tenant can claim for under their circumstances?
Perhaps someone can create a tenants Rent Holiday Request means test form/template which the tenants complete? This would enable the Landlord to assess the tenant's circumstances in order to get a better understanding of the tenant's income and ability (if any) to seek any government-backed income support. At least both the tenant and landlord can enter into a structured dialogue as to how the Rent Holiday will be structured; to be reviewed on a weekly/bi-weekly or monthly basis.
Communication and a mutual understanding is key to ensuring the merits of each case will not create any problems for both the landlord and tenant further down the road.

Perhaps RLA and Shelter can try and talk to each other to create such a tenant's Rent Holiday Request form and also provide both tenants and landlords with further information and support on what help both parties can obtain and from where whilst we are in the middle of this pandemic? Hopefully, any BTL lender will be lenient on landlords whilst they work with the tenant. Without knowing what any BTL lenders criteria is going to be at the moment, the above tenant's RHR form (information) is at least a starting point to help the landlord gauge a better understanding of the tenants' circumstances. Ideally, the tenant, landlord and BTL lender can then all work together so we can all get through this pandemic, hopefully, unscathed with roofs still on.... Read More

Lesley Thomas

12:44 PM, 17th March 2020
About 4 months ago

Budget implications on holiday lets?

Reply to the comment left by Lesley Thomas at 15/03/2020 - 13:29
I have received this reply from the Highland Council:

Good afternoon Mr Thomas

Thank you for your email. The situation is as follows:

On 14th March the Scottish Government announced a range of measures to support businesses through the Covid-19 outbreak.

This support will be available to businesses during the 2020/21 financial year and includes:
• 75% rates relief for retail, hospitality and leisure sectors with a rateable value of less than £69,000 from 1 April 2020
• £80m fund to provide grants of at least £3,000 to small businesses in sectors facing the worst economic impact of Covid-19
• 1.6% rates relief for all properties across Scotland, effectively reversing the planned below inflation uplift in the poundage from 1 April 2020
• Fixed rates relief of up to £5,000 for all pubs with a rateable value of less than £100,000 from 1 April 2020

The full details of how businesses can apply for the support, and which sectors will be eligible for the grant, are still being worked out.

The Council is therefore awaiting further information from the Scottish Government. Once this is received we will be working with the Scottish Government and its agencies to put in place arrangements and to alert the business community.


Andy McCann – The Highland Council - Economy and Regeneration Manager – 01463 702260... Read More

Lesley Thomas

13:29 PM, 15th March 2020
About 4 months ago

Budget implications on holiday lets?

I could not find anything on the Highland Council website to make an application for such a grant. I have however just sent an email to them with a copy of my Business Rates bill showing I am not paying any business rates and enquiring as to my eligibility under this government scheme. It may be too early for any Local Authorities to get to grips with this grant, so I am not holding my breath in any quick "yes" or "no" response to the grant.... Read More

Lesley Thomas

10:01 AM, 12th March 2020
About 4 months ago

Budget implications on holiday lets?

We own a successful holiday Let on Loch Ness, Scotland. We are already experiencing booking cancellations, particularly from the U.S.A. visiting guests. If we cannot get any financial support or at least a mortgage holiday, we will be facing extremely difficult (financial) times. A grant may help, so we are keen to find out about this option.... Read More

Lesley Thomas

8:26 AM, 11th September 2019
About 10 months ago

Tenant disappears after a CCJ was lodged against her?

Reply to the comment left by David Asker at 28/04/2016 - 09:33
David, are you still offering a free tenant find to Property 118 members, and if so, how do we proceed from here?... Read More