Allan Thornton

Registered with Property118.com
Tuesday 30th July 2019


Latest Comments

Total Number of Property118 Comments: 3

Allan Thornton

12:44 PM, 15th February 2020
About 2 months ago

Project to reduce the reluctance to rent to tenants on benefits

Reply to the comment left by JJ at 14/02/2020 - 16:58
Could not agree more, but stating things on the level does not tally with Shelter and like organisations agendas. Their agenda is never openly stated. Only their objectives and they never state either their agenda or objectives for landlords. Above all the last consideration seems to be landlords. In Scotland we are never done hearing about irresponsible or rogue landlords being horrible about tenants. Never see a thing about the average small landlord left crying in the ruins of her or his once pristine property.
The legal system seems to be squarely on the side of tenants causing maximum damage to the properties entrusted to their care. Ask me how I know. Actually don't - I have not got all day. I have reached the conclusion that it is time for the exit strategy to be brought forward. In retrospect I am only 12 or 14 years too late... Read More

Allan Thornton

16:52 PM, 14th February 2020
About 2 months ago

Project to reduce the reluctance to rent to tenants on benefits

Have to remember that Shelter see their task as staying close to centres of power. They only use the tenant as the vehicle to increase that power and influence. This means that they have a political say in landlords activity with landlords having little or no right to reply. They identify new problems all the time, identifying landlords as the cause of the problem while ignoring their own words "landlords feel isolated and confused". A case for vulnerable landlords perhaps needing a rich foundation to wrest some power back from the Marxist influences in Shelter? Funny how they always seem to be one step ahead of the game in "new" politically caused problems. If the government and these anonymous foundations worked honestly with landlords and their representatives the problems would go away quickly. Uncertainty in the PRS concerning benefit payments is a major factor. Landlords do not need more "training" (as in getting them to do what these organisations will). They need tenants they can rely on to look after property, live reasonably quietly and pay rent... Read More

Allan Thornton

15:51 PM, 2nd August 2019
About 8 months ago

Should I sell or take a Lifetime BTL mortgage ?

I agree with Mark Alexanders last comment. £1M will get you 10-15 properties with a solid rental income of more than the £36k you speak of - in your present location. So you can afford to choose a good property manager (another subject to think long and hard on) and relax a bit in later years.... Read More