Jonathan Wilson

Registered with Property118.com
Thursday 20th June 2013


Latest Comments

Total Number of Property118 Comments: 17

Jonathan Wilson

17:30 PM, 10th July 2015
About 4 years ago

Summer Budget 2015 - Landlords Reactions

I think what I find annoying or upsetting is the simple fact that they would have know full well this was coming but made no mention of it during the election campaign, and you wonder why people have little faith in politians!!... Read More

Jonathan Wilson

18:51 PM, 9th July 2015
About 4 years ago

Summer Budget 2015 - Landlords Reactions

Reply to the comment left by "james pearce" at "08/07/2015 - 15:28":

I agree James this is a very anti business budget especially for the property sector.

I find it annoying that all parties understand that the real issue is lack of housing supply but none have the courage to it sort out. Instead we have tinkering at the edges with a tax adjustment here, reduction in stamp duty there, when the real solution is build more houses!

This is the latest attempt at government intervention and it will have unintended consequences. They tried this in Oz in the early 1990's from memory but it was reversed after a year or two as rents went through the roof!

But the real issue with this it is a 'disincentive', it's not a policy to encourage and its non aspirational. This was one of the critisms of the recent abour election campaign. Governments should 'level the playing field' with incentives.

I would love to see treasury's analysis not of the potential tax raised but the effect on the wider residential housing market and likely increased rental costs.

The only positive is that it's not immediate and is applied over four years.... Read More

Jonathan Wilson

7:18 AM, 14th February 2014
About 6 years ago

BEWARE Of Guaranteed Rental Yields From Overseas Developers

Hi Jeremy

Totally agree - rental guarantees are a marketing strategy not a reason for investing. Ask yourself, "why would the developer or agent NEED to offer a guarantee if the property was correctly priced in the first place".

Some firms even offer a 'buy back' guarantee after say 2 or 3 years. Again why would they need to?

Also who or which firm is offering the guarantee? If it is a separate shelf company or similar then good luck 'cashing' your guarantee.

For me, guarantees are worthless.

Cheers

Jonathan... Read More

Jonathan Wilson

12:03 PM, 19th January 2014
About 6 years ago

Interest Only or Repayment - what do you do believe and why?

Hi All

I am an interest only fan and do not see the point of making capital repayments. If you believe the price of properties will rise in future over time, then there is no point in making repayments. Any business that is asset rich but cash flow poor is in trouble. Interest only allows you to maximise cash flow - save for the next deposit or simply accumulate in the bank to cover voids, repairs, etc. Interest only is even more applicable when you are trying to grow the business, refinancing or purchasing new properties every six months. If you are inclined to make repayments, why not save the difference (between interest only and repayment) in a separate account and then make a one off payment once per year as your finances allow.... Read More

Jonathan Wilson

8:35 AM, 14th January 2014
About 6 years ago

Consultation Testimonials

Hi Mark. Just wanted to thank you for your time yesterday. It is always great to have someone with more experience to review your own strategy and goals, keeps you focused, and accountable for the things you say you are going to do. Mark's contacts and insight are invaluable, and I came away with a very clear direction on what I need to do over the coming months. I can not recommend spending some time with Mark, highly enough.... Read More