Gary Nock

Registered with Property118.com
Sunday 9th June 2013


Latest Comments

Total Number of Property118 Comments: 900

Gary Nock

7:10 AM, 13th September 2019
About a month ago

No mention of PRS attacks

Shelter only need to look in the mirror to see who has been one of the biggest contributory factors to the housing shortage. Their incessant attacks,along with those of Generation Rent, coupled with an anti- landlord government and portfolio stress testing has decimated supply. Who wants to be a landlord today?... Read More

Gary Nock

18:33 PM, 12th September 2019
About a month ago

Wild west policy changes are damaging landlord confidence

Reply to the comment left by Ian Narbeth at 12/09/2019 - 10:56
Well said Ian. As landlords and agents we are being battered into submission on the altar of perceived political gain. The species "Landlordius" is being hunted to extinction by political predators in the Westminster Bubble. I put a 2 bed house on the portals. I had 22 applicants. It was the only 2 bed in the entire postcode. And the rent was £50 higher than the last time it was let as the landlord has been hit with Section 24 tax increases, SDLT, and increased agent fees as a result of the draconian Tenant Fee Ban. Well done Polly Neate at Shelter and Dan Craw Generation Rent. Special thanks also to Jeremy Corbyn and John Mcdonnell for stirring up anti- landlord and anti-agent sentiment, reducing supply and increasing rents.... Read More

Gary Nock

9:55 AM, 29th August 2019
About 2 months ago

Charges to tenant on early termination of tenancy?

If entered into before 1st June the admin charge is legally enforceable. In the absence of them paying the £250 perhaps they would like to pay the full cost of the remainder of the tenancy which they are legally liable for? They can't have their cake and eat it. LL has agreed any early termination but with that comes additional lettings costs. Even under the TFB then £50 is allowed - which is a joke - or "reasonable costs". It takes around 17 hours for a new tenancy to be completed with viewings. taking holding deposits, compilation of the tenancy agreement, serving the How To Rent Guide, protecting the deposit and serving the prescribed information, serving the gas and epc certificates, doing a legionella risk assessment, preparing an inventory ( a digital inventory done using something like property inspector on a 2 bed house will take at least 6-8 hours if done properly. So £250 is a bargain.... Read More

Gary Nock

9:34 AM, 15th July 2019
About 3 months ago

Letting agency fee increase?

Neil is right. Depends on your agency agreement. And also consider that as a landlord you will need to comply with around 170 pieces of legislation to remain compliant. It's not just a matter of giving the tenants your bank account and watching the rent come in without any management fee deducted. If you feel confident enough to run the tenancy yourself then give it a go. But make sure you have key dates in your diary for gas and electricity safety certificates, legionella testing, PAT testing, regular inspections for smoke and carbon monoxide alarm checks, etc. And remember unless you serve certain documentation on the tenant on an ongoing basis like gas certs and How To Rent information you will lose your right to serve a Section 21 Notice until you do.... Read More

Gary Nock

14:20 PM, 31st May 2019
About 5 months ago

New AST questions post June 1st

Hi Fiona.
1. It is normal practice to name all persons over 18 on an AST rather than as " permitted occupier" which carries no legal weight and leaves the landlord in limbo if they need to evict. If the wife after moving in says she has a part time job and gives her husband £10 a week towards the rent then suddenly she is a tenant. If an eviction notice is only issued against the tenant ( husband) and not the wife
(permitted occupier) when she turns up at the hearing and says she contributes and is a tenant then hubby is evicted but not wifey. And then wifey lets him back in.

So thats why everybody is a tenant over 18.

2. The CPI clause is rubbish. It isn't law and prevents landlords increasing rent to market rate. Have it took out and use a Section 13 Notice to increase rent instead.... Read More