brian gibson

Registered with Property118.com
Monday 24th November 2014

Member of The Landlords Union

Trading Status
Partnership

Providing essential rental accommodation since
2000

Number of rental properties owned
41+

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 12

brian gibson

11:15 AM, 2nd October 2020
About 3 weeks ago

Allow Landlords to evict tenants where there are 14 days rent arrears

Please take the 14 day petition down and replace with a more realistic timeframe and showing empathy to the tenants situation, then I would definitely sign but I could not sign the way it is and the way it portrays landlords !... Read More

brian gibson

11:50 AM, 21st February 2020
About 8 months ago

Worried about mitigating S24

First of all transferring the beneficial ownership can only be done if you are a trading partnership ( min 3years)
If you think of the beneficial interest is income only the assets remain in individual names (even though for tax purposes there in your partnership ) the mortgage lenders still have their charge over them and are not protected in anyway from insolvency ,repossession ,bankruptcy .
Transferring beneficial interest is to mitigate the impact of the ludicrous S24 !

This is a layman's overview from our experience having done 300 properties 2 years ago with the help ( and you will need help ) from Mark Smith at Cotswald Barristers .
We have now gone on to refinance on a commercial basis and the Beneficial interest trust didn't stop this , we had to call on Mark again to explain to both sets of solicitors what we had done (thanks again Mark if you're reading this )... Read More

brian gibson

10:39 AM, 18th November 2019
About 11 months ago

Nottingham Licensing increased to a whopping £890!

Our tenants can't afford £74 per month extra on their rent and we can't afford £267.000 per year if that was applied to all our properties ! luckily we have no properties in Nottingham and never will now but thats not to say other local authorities won't follow suit if we don't bring this to everyones attention now... Read More

brian gibson

12:24 PM, 15th July 2019
About A year ago

Letting agency fee increase?

Letting agents have taken a massive hit so most are increasing their fees and reducing staff which I'm sure will impact on the private landlords reputaion ! the letting agent we use Daniel Craig Residential in the north east is redusing overheads by moving off the high street and keeping fees the same.
The governments plans to help the tenants is going to backfire again by more unhappy and probably less safe tenants if safety checks are left to the untrained landlord, more empty shops and less jobs ! know doubt it will be the landlords fault again !... Read More

brian gibson

12:45 PM, 14th August 2017
About 3 years ago

Sale and Rent Back Court Case Wreaks Havoc

There vendor must vacate for at least 6 months to avoid the sale and rent back rule according to a main stream lender!( I know this as just tried to remortgae a SARB house and was told the tennant would have to physically move out for six months )

An update on SARBs 17 companies registered to do it backin the day and to day I beleive there are only which have a licence but are not activaly trading! I can only assume because of the rules and regulations make it not worth the effort... Read More