The Secret Landlord

Registered with Property118.com
Tuesday 31st March 2020

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 16

The Secret Landlord

10:14 AM, 22nd October 2020
About 13 hours ago

Beyond Section 21 Report - The unintended consequences if government doesn't listen

I agree, it's got beyond a joke how hard it has become to stay updated with every change.

Last year I put the vast majority of my portfolio out for management by agents. It's a shame as I really enjoyed being a landlord (been doing this almost 20 years), but it became too much.... Read More

The Secret Landlord

8:19 AM, 22nd October 2020
About 15 hours ago

Beyond Section 21 Report - The unintended consequences if government doesn't listen

Reply to the comment left by Mick Roberts at 22/10/2020 - 07:49
My solicitor wouldn't even take it to court because of a gas cert because they said the rules did retrospectively apply (despite the tenancy starting in 2010). I believe this ruling has recently been overturned by a case this year?

What got me was the rules state you have to keep gas certs for 2 years and I had the last 6, but because I couldn't prove I had given one in 2010 (when law not in force) I was unable to serve S21... Read More

The Secret Landlord

8:52 AM, 10th October 2020
About 2 weeks ago

640,000 empty homes in England

I can understand why some landlords feel fearful of letting their properties in the current climate, however it's important to recognise when you leave a property empty you are then liable for all the utility bills (and council tax is a killer), your insurance premium will also increase, but your amount of covered risks will decrease.

An empty property is also more of a target for crime and stripping out materials from a property is quite common - but will cost you £££ to put right. Moreover, an empty property (esp one that is not checked regularly), can develop issues which if left unattended can become far worse - e.g. a leaking pipe/ roof etc.

It is important to balance these business risks against the odds of a non-paying tenant.... Read More

The Secret Landlord

8:45 AM, 10th October 2020
About 2 weeks ago

The Latest Scam - Landlords Are The New Target

You don't need to have a valid claim to make a claim.

I have been the subject of spurious legal action over the years. Unfortunately, there will always be chancers and so you have to have your wits about you. I am a bore when it comes to detail and paperwork, but they are your best friends when it comes to any alleged wrong-doing. Legal expenses insurance is also key, along with being a member of a landlord association to seek guidance.

In this business you always need to be match fit.... Read More