David Lawrenson

Registered with Property118.com
Tuesday 2nd July 2013


Latest Comments

Total Number of Property118 Comments: 382

David Lawrenson

12:12 PM, 21st May 2020
About 2 months ago

Opening of housing market welcome, but recovery likely to be slow

The estimates here are more optimistic than the view I hold.
Back in mid March I predicted that house prices and rents would fall by 15% on average.

See link: https://www.lettingfocus.com/blogs/2020/03/coronavirus-and-private-landlords/

If anything I am more pessimistic now than I was then, because the lockdown or partial lockdown has continued much longer than I had thought it would.

The impact on everyone's incomes and unemployment levels which are already at about 1 million, must surely be enough to result in such a slide in house prices and rents.

As always, some areas will be hit harder than others. I expect places like Cornwall, where there is a strong holiday let market and "second homer" market to be one area v badly effected.

Don't see a pick up in prices or rents until 2022 at the earliest.

David Lawrenson
LettingFocus.com
Private Rented Sector Advice... Read More

David Lawrenson

16:48 PM, 6th May 2020
About 2 months ago

HMO tenant not abiding by lockdown

Reply to the comment left by Badger at 06/05/2020 - 12:17
Well, you can pick your news story as you see fit.

The facts is it is too early to tell.

But Sweden's R measure is the same as Denmark's now, despite absence of a harsh version of lockdown nor elements of stringent rules / police state in Sweden.

Sweden was even praised by the WHO this week as having a sustainable approach.

Also, latest forecasts from a city expert shows they will be least effected European state in terms of GDP drop.

(Newsflash!) lowered GDP income does always equal worse health outcomes and early death - and the instances of both tend to be felt among the poor (and also the young too, as they are always disproportionately effected by higher unemployment).

This is from Sweden’s number two epidemiologist. (Unlike our own Neil "Do as I say, Not as I do" Playing Away Ferguson, he actually was also a senior doctor before becoming an epidemiologist)

https://unherd.com/thepost/coming-up-epidemiologist-prof-johan-giesecke-shares-lessons-from-sweden/

And this from another expert..
https://unherd.com/thepost/nobel-prize-winning-scientist-the-covid-19-epidemic-was-never-exponential/

In the UK, we will see house prices down by at least 15% by end of year and rent down by that level much sooner. And I think that is the best case scenario,

Take a listen.

David Lawrenson
http://www.LettingFocus.com
Private Rented Sector Advice... Read More

David Lawrenson

13:25 PM, 3rd May 2020
About 2 months ago

HMO tenant not abiding by lockdown

Yes, and in reality there is probably nothing really for your tenants to fear. (Government report said that of those in NHS ICU units with Covid19, 75% are obese or overweight).

Fairly soon, I think, the main TV media will be told by government to bring forward more facts like the one above in order to dial down the fear factor (which perhaps has been, with the help of the likes of the BBC, far too successful) - and maybe then your worried tenants will learn to get a life again. Her/his biggest fear then will be taxes to pay for this mess and panic. Also, the absence of employment opportunities - that really will be something for him/her to worry about!

David Lawrenson
http://www.LettingFocus.com... Read More

David Lawrenson

17:26 PM, 28th April 2020
About 3 months ago

HMO tenant not abiding by lockdown

Reply to the comment left by Question Everything at 28/04/2020 - 10:00
And a sense of perspective must be factored in too - (which admittedly is hard to do if your news comes from the ITV/Sky/BBC) - that in the worst hit country, Italy only 1 in 2,500 people have died - and their average age was in the late 70s.

Some would ascribe that to the brutal lock down there, but Sweden's more gentle approach tends to suggest, that the outcome there may not be too different.

I would keep your distance as directed and advise the tenants to do the same, but not interfere too much in the lives of this other tenant.... Read More

David Lawrenson

16:43 PM, 27th April 2020
About 3 months ago

HMO tenant not abiding by lockdown

You can request it.
Not sure if you can legally insist on it or threaten consequences if he does not comply.
After all, where is your evidence if he disputes what the others say, and also has any real law been broken here, and will these restrictions stand up "as law" and even if they are law, are they even down to you to enforce.... Read More