Glenn Ackroyd

Registered with Property118.com
Thursday 4th July 2013


Latest Comments

Total Number of Property118 Comments: 56

Glenn Ackroyd

11:33 AM, 6th March 2021
About 2 months ago

Budget 2021 - Landlord Reactions

This stimulus pumping will be followed by a big hangover. 5% deposits alongside lenders relaxing lending from 4.5 times income multiple to 6 times just increases the credit supply to a finite stock. Economics 101 gives you a 33% inflationary bubble and some.
This happened in 2004. Lenders relaxed the criteria from 3x income and went up to 4.5% - and house prices went up by 50%. Who would have predicted that?
The bankers made big bonuses for record lending up to 2008. I can't remember how it ended...... Read More

Glenn Ackroyd

10:13 AM, 6th February 2021
About 3 months ago

Change over to holiday rentals?

This is something that I've have transitioned into very successfully.

There is a very good free podcast which I used to get the majority of my learning here; thesapodcast.com... Read More

Glenn Ackroyd

10:09 AM, 6th February 2021
About 3 months ago

Application forms - got it ALL covered?

Asking for information about mental health is IMO very high risk and not something I'd do. You're likely to face challenges for disability discrimination.... Read More

Glenn Ackroyd

11:40 AM, 29th November 2020
About 6 months ago

Compliance Conundrum when tenant won't leave?

Without any insulation, single glazed and old what is the EPC rating? If F or less, you'll have further works to do.... Read More

Glenn Ackroyd

19:25 PM, 2nd May 2020
About A year ago

Has anyone ever successfully sued a District Council?

Having received payment, as the District Council state, an implied Assured Tenancy is likely to be in place. It will now be a periodic tenancy. The parties will be your daughter and SIL.

Because it is periodic, your daughter can unilaterally serve 4 weeks notice to quit.

After this time, your SIL will then be a trespasser and can be asked to leave.

See this case summary; https://medium.com/adviser/joint-tenancies-and-fixed-terms-notice-to-quit-eca2b993eab9

I'd ask her to serve the notice, turn up and take possession, change the locks and let him argue his case with the District Council... Read More