user_36143

Registered with Property118.com
Sunday 15th March 2020


Latest Comments

Total Number of Property118 Comments: 5

Helen

12:32 PM, 22nd February 2021
About 2 weeks ago

Getting to the nitty-gritty of tackling Britain's rent arrears crisis?

Another blight to the PRS are the proposed regulations to bring the minimum EPC level for renting to C. According to government statistics, which I think are much too low, there are 750,000 properties which currently don't reach this benchmark. 7 out of my 8 flats don't even though they are all warm flats with high roof insulation, double glazing and mostly new boilers. This will put me out of business.... Read More

Helen

14:04 PM, 20th February 2021
About 2 weeks ago

Surely I am not the only landlord worried about new EPC requirements?

I just heard about this yesterday and it is very worrying. Like the examples above only one of my 7 Victorian properties is a C. I also have a block with no gas but high grade modern electric heaters. It is a warm flat as there are concrete floors and flats above and below it so the heating barely has to be used. This is another crazy policy which has not been thought through..

Most Victorian properties will not comply. As a guess, perhaps half the housing stock in the UK.. So we will sell up and the tenants will be homeless...Is this the result the government is seeking? I have also heard murmurings that Mortgage Lenders are being asked to check EPC ratings before lending, though they are resisting this. So, nobody can get a mortgage on a property either, landlords or otherwise. Government Housing policy has been short sighted for years but this just caps it in stupidity and short sightedness.... Read More

Helen

21:09 PM, 18th February 2021
About 3 weeks ago

Beware of useless boiler maintenance contracts?

I am not using any insurance plans on my 8 properties. What I read above has confirmed my worst fears about it. I use a local gas engineer I have known for about ten years. He knows the boilers and their history, gives me a very good deal on the servicing and gas certificates and as I am a valued client he would not rip me off. There is nothing like personal service.... Read More

Helen

0:17 AM, 24th January 2021
About a month ago

DPS - Refund during lockdown?

Reply to the comment left by Dylan Morris at 21/01/2021 - 13:44
I have always found MyDeposits to be very good and I feel more confident holding the deposit myself. A permanent address for the tenants has to be added to the certificate so if they abscond they can still be contacted, even if they are abroad.... Read More

Helen

16:55 PM, 20th January 2021
About 2 months ago

Deciding the way forward for my exit?

I am in a similar position, age 60 and with 8 properties. One thing about selling and paying off the mortgage on 2 or 3 remaining properties is that, although the rental income overall is much reduced, the income reduction is not as bad as it may seem as of course there is no mortgage interest to pay, which in my case is about half the rental income. Another factor is that with fewer properties there are fewer costs and less likelihood of major works being needed, in other words, less risk.... Read More