Monty Bodkin

Registered with Property118.com
Friday 13th June 2014


Latest Comments

Total Number of Property118 Comments: 714

Monty Bodkin

9:29 AM, 6th December 2018
About A week ago

Student Council tax exemption - Proof required?

Ring up one of your tenants and ask what course they are doing.
Ask them what course their house mates are doing.
Tell the council.
Job done.

"What course are you doing" should be a bread and butter question already asked by any student landlord.... Read More

Monty Bodkin

9:00 AM, 6th December 2018
About A week ago

Tenant deposit cap is cut to 5 weeks by government!

Reply to the comment left by ExpertInAField at 05/12/2018 - 10:35
a lot of those people on the average salaries would much prefer to be buying their own house as opposed to paying rent to us.

"A lot" is using the weasel words of the anti landlord brigade.

If you try saying most people, then the stats don't bear it out -unless you twist them to include people intending to buy *eventually* some time in the future.... Read More

Monty Bodkin

8:31 AM, 6th December 2018
About A week ago

Tenant deposit cap is cut to 5 weeks by government!

If considering using an insurance or council bond type scheme instead of a deposit, first find out what the pay out rate is.
Most aren't worth the paper they are written on.
Besides which, tenants need some of their own skin in the game.... Read More

Monty Bodkin

10:45 AM, 5th December 2018
About A week ago

UC has felt like a huge cultural change for many landlords

Reply to the comment left by Annie Landlord at 04/12/2018 - 21:55
But what about when a working tenant loses their job

Landlords do what they've always done, manage risk.

Sure, anyone can lose their job but some tenants are at far higher risk of going on benefits than others.

Using a recent example, what are the odds on a well paid professional couple both going onto benefits?
Both on 3x plus the rent, working in different industries, degrees, references, long term solid work history, never been on benefits, families never been on benefits, substantial savings. Home owning guarantors and RGI to be extra careful if required.

A Shelter piece on the BBC right now about the increase in temporary accommodation -an obvious consequence of UC and the attacks on landlords.... Read More

Monty Bodkin

10:05 AM, 29th November 2018
About 2 weeks ago

Should Landlords wear body cameras?

Reply to the comment left by Winsome P at 29/11/2018 - 09:20
Why did you give them a tenancy in the first place?
More alarm bells there than in a fire station.... Read More