Registered with Property118.com
Friday 13th November 2020

A seasoned IT Project Manager and property Investor,

Latest Comments

Total Number of Property118 Comments: 47


14:10 PM, 11th June 2021, About 7 days ago

BTL borrower overexposure limits?

If you are renting these out and not to sell, you didn't need to put leases on each flat, just kept the freehold. You will most likely have to go down the commercial route and loan from a commercial lender, the interest tends to be higher.
I have two flats in a block of 4 and mortgaged them each with a different BTL lender, so you may want to try that route. Also sounds like you need a good mortgage advisor. I wanted to buy a new house to live in and BTL mortgage the old one to pull out the money as deposit. The advisor I used for some of my BTL said no chance, I went to a specialist advisor and he said yes no problem and it wasn't a problem and with a high street lender that the other one said was impossible.... Read More


14:38 PM, 26th May 2021, About 3 weeks ago

Nuisance cherry tree?

Reply to the comment left by Paul Shears at 26/05/2021 - 10:44
If it is in a conservation area it is a nightmare.
I had neighbours complaining about my trees when I moved, the previous owner cut them back over 12 years ago and is in a conservation area.
I got a quote, a few thousand and they apply to the Council, that takes ages and they are so busy it took about 4 months before they started. Neighbours complaining why I don't just cut them down and deaf ears when I explain the conservation rules, that I can't cut then down as they are protected but can reduce them.
Finally they get pollarded back to the previous point and have some happy neighbours and now some unhappy because I cut the trees back. You can never appease everyone.... Read More


13:43 PM, 25th May 2021, About 3 weeks ago

Does it make sense to give tenants 2 years notice?

If you are considering selling as previously mentioned, let people know and sell with tenants in situ, I maybe interested, I have bought a flat with a sitting tenant previously and worked ok... Read More


11:10 AM, 24th May 2021, About 4 weeks ago

Should I expect higher plumber costs in NW London?

That sounds incredibly high, I would expect that price to include all materials, bath tiles etc.
I would shop around, go on the find trades people websites and get a few quotes.
Rates vary enormously, but the average to pay is £150-250 per day in London.... Read More


13:16 PM, 21st May 2021, About 4 weeks ago

Should I convert lounge and add 3rd bedroom?

Not sure why you would want to do this other than greed. One question, you say the Balcony will serve the bedroom, will the living room have a window and natural light, if not you cannot do it. A kitchen can be windowless but not a living/dining room, these must have natural light.... Read More