Simon M

Registered with Property118.com
Saturday 27th September 2014


Latest Comments

Total Number of Property118 Comments: 40

Simon M

12:11 PM, 23rd March 2020
About 7 days ago

To Let or to keep empty for present time?

If there's a hospital or food warehouse fairly close it might be worth a direct approach. They're likely to have new staff coming in who may only need a place for the duration. They'll be more motivated to get back to work so should be less likely to give you a problem.... Read More

Simon M

11:20 AM, 24th January 2020
About 2 months ago

3% rent increase reasonable?

Assess each tenant and property individually, how much you value each tenant individually, and considering market rates for similar properties. Raising rent will often prompt a tenant to think about whether to stay. If they leave, you may well lose more than you hoped to gain.... Read More

Simon M

15:54 PM, 16th December 2019
About 3 months ago

Right to buy council flat - is it a good idea?

The legislation generally favours the tenant to ensure councils can't be difficult, so I don't think V should pay undue attention to unfavourable concerns about councils. They do need to understand *all* the risks of buying any property/flat apply - they're accepting full responsibility like every buyer, particularly the risks of unplanned costs, eg unexpected repairs, unplanned service charges, large interest rate rises etc. If they don't they're homeless because they've given up their right to be rehomed by the council which is fair.
I was concerned at first that V seemed to be thinking about being able to both buy larger and keep the flat to let which would be an entirely different prospect. As we know, being a landlord is more effort and less profitable than lobby groups and politicians believe. Having read her thoughtful replies she sounds as if she'll make sensible decisions when her family needs a larger home.... Read More

Simon M

17:29 PM, 2nd December 2019
About 4 months ago

Right to buy council flat - is it a good idea?

Hi V,

This may sound a silly question. If you're letting out your flat, where are you going to live? (Rent in the private sector will be more expensive, and as others have already said you'll have extra costs of service charges, repairs etc)?... Read More

Simon M

17:36 PM, 11th November 2019
About 5 months ago

Conservative Right to Buy test?

Reply to the comment left by SM at 11/11/2019 - 11:55
The article was published on Friday 8 November.... Read More