Austin Langtree

Registered with Property118.com
Tuesday 13th May 2014


Latest Comments

Total Number of Property118 Comments: 4

Austin Langtree

15:58 PM, 2nd October 2018, About 3 years ago

New Landlord Association seeking pledges

Reply to the comment left by Neil Patterson at 25/09/2018 - 09:50
I pledge £100

Austin Langtree... Read More

Austin Langtree

13:59 PM, 29th July 2014, About 7 years ago

Buy to Let Catch-22 Situation

It's a long time since I've been involved with this sort of thing but lenders used to make an advance for properties in poor order but make a retention to be redeemed on completion of the work. Say £15,000 which would cover quite a lot of work.

Perhaps if you know who the surveyor was (at least the agent probably will) you could ask him if he would make such a recommendation to the proposed mortgagee and follow that route. Alternatively try other lenders on the same basis/... Read More

Austin Langtree

0:33 AM, 14th May 2014, About 8 years ago

Should an Insurance Claim on BTL affect my House Insurance?

Starting with the most extreme cmparison with most of us, it is axiomatic that the directors and shareholders of public property companies do not declare a claim on the company's insurers when taking out an insurance on their own houses.

The next thought is what about private property companies which may be limited companies or plcs which may have many properties and a few shareholders?

Then there are large and small property owning formal partnerships, formal meaning they have a legal status with HMRC although the properties may be owned in the names of the partners. Say a husband and wife who have formed a partnership on the advice of their accountant perhaps with the properties registered in their joint names not the name of the partnership.

Where is the line drawn?

I suspect among companies there is a mish mash of policies they would adopt in the event of a non disclosurecoming to light in the various backgrounds I have outlined but every company should at least make it clear under what circumstancies an admission of a previos claim should be made. Ideally the Association of British Insurers should make an appropriate rule.

Perhaps Neil has some high level contacts in the insurance industry to whom he would kindly speak or write in this connection.... Read More

Austin Langtree

12:21 PM, 20th March 2013, About 9 years ago

Are Private Landlords Soft Targets?

Please send this to ARLA. The NFOPP the umbrella over ARLA, the NAEA and others have meetings with government deoartments and ministers from time to time so perhaps it would be a good idea to send your article to them with the request they do apprpriate lobbying of the Govt or better still get your friendly estate agent who hopefully is a member, to send it to ARLA. with the same request.... Read More