Steven

Registered with Property118.com
Tuesday 17th December 2019

Trading Status
Sole Owner

Providing essential rental accommodation since
1994

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 12

Steven

10:03 AM, 30th September 2020
About 2 months ago

Percentage of let agreed properties compared to listed is climbing

It's all building nicely for the big corporates to come in once the talk of rent control dies down. In the meantime, just a few more of us tiddlers to be painfully squeeeeezed out with - this time - vote winning 6 month eviction bans. Expect more pain, driving higher demand as we exit the market...... Read More

Steven

13:55 PM, 14th August 2020
About 4 months ago

Nicola Sturgeon confirms intention to extend eviction ban to March next year

Reply to the comment left by Beaver at 14/08/2020 - 11:18My experience too Beaver. Without the private sector there would be no taxes; without taxes there would be no public sector. End of. Sadly however the private sector is usually vilified for chasing profit (a dirty word in the UK) whereas our public sector "servants" are lauded for their service to the public (as if they were providing it for free). Their pensions by the way are usually final salary, which typically will require funding of £25,000-£30,000 for every £1,000 per annum of pension promised, meaning a public sector employee retiring on a pension of £25,000 per annum will have a pension fund of approximately £625,000 to £750,000 to pay for it. All funded out of taxes, and taxes ultimately only come from the private sector. Who pays for the private sector pensions? The private sector (you know, the bad guys...)... Read More

Steven

11:28 AM, 14th August 2020
About 4 months ago

Landlords - Don't complain!

Well said Old Mrs Landlord; he's rather self satisfied at being wise after the event isn't he... Read More

Steven

9:10 AM, 29th July 2020
About 4 months ago

Buying without planning permission or building certificate?

Isn't there a rule that after 4 years you can apply for a Certificate of Lawful Development (no guarantee it will be granted) or after 10 years you are golden and the LA can't touch you (both of which you would comply with if done in 2004)? This is provided you can prove the work was done back then (you'd need to provide chapter and verse to prove the work was done that long ago). If you can get comfortable on the 10 year rule (assuming I'm not talking cobblers), backpocket that knowledge knowing you are going to buy anyway but be economical with the truth and nevertheless demand a reduction in the purchase price for the "risk" you are taking?... Read More

Steven

11:19 AM, 24th July 2020
About 4 months ago

Landlords - Don't complain!

Reply to the comment left by steve p at 24/07/2020 - 04:52Totally right Steve P - it was 40% once upon a time. So, Rishi and the Tax Simplification team, why was it reduced in the meantime? You'll find the answer in the research that was carried out before the reduction (hint: because you'll collect more...). Go on, Rishi, increase it to 40%; no, to hell with it, increase it to 100%, the effect will be the same - no one will sell, the property market will stall (sorry, stall even more than it will do after the stamp duty easement is removed - Rishi, there's a clue there isn't there.) It will beggar belief if so called intelligent people who can work out that reducing tax (stamp duty, vat) successfully encourages economic activity end up deciding an increase in tax (any tax, not just CGT)will be a good idea. Let's see, but you can see some enthusiastic fresh out of university tax researcher, who has never been a landlord, never run a business, never considered economic theory, but full of idealistic fervour thinking "hang on, companies pay Corp Tax, like individuals pay Income tax, but pay Corp Tax on gains, unlike individuals who pay CGT. That's not right, it will merely drive the same people Mark Carney identified as posing such a terrible risk to the UK economy, to set up companies. Shocking. That needs to be stopped. Rishi, I suggest Companies pay CGT at the same rate as individuals." Twat. OR "Rishi, why not abolish CGT and just say people will pay Income tax on the gain as if it were a slug of income in that year; that way the rich will pay at 45% and the poor at 0 or 20%". Looks great, Rishi's a political hero to the poor, but the policy still b**gers the economy (oh and landlords get another kicking, whose s24 turnover is classed as income of course, but who cares about them. It's clear that landlord's accrued "wealth" is being targeted to pay by stealth tax Gordon Brown's creation of 1m new jobs, all in the public sector...)... Read More