Paul Hawkins

Registered with Property118.com
Thursday 26th February 2015


Latest Comments

Total Number of Property118 Comments: 11

Paul Hawkins

10:21 AM, 14th May 2018
About 4 months ago

Landlord GDPR policy - Short version

Excellent summary Chris, thanks for providing this information.... Read More

Paul Hawkins

12:52 PM, 1st June 2017
About A year ago

Taxation of Ltd. Company BTL purchase from loans on private portfolio?

Reply to the comment left by "Mark Alexander" at "31/05/2017 - 14:42":

Thanks Mark.

1. I think a all to HMRC (if I can get through on the helpline) or a friendly local accountant would clarify the trading/non-trading status

2. Thanks again, so best way forward would be to let money to the company and show this as a Director's Loan. I can then, once the property is rented, use the income from rent to pay back the director's loan, and withdraw it tax free - if I understand this correctly.

3. Noted.... Read More

Paul Hawkins

12:49 PM, 30th May 2017
About A year ago

General Election 8th June - Who on earth do landlords vote for?

Reply to the comment left by "Mark Alexander" at "18/04/2017 - 16:01":

Yes Mark, this could well happen - as seems to be the mantra in Global politics at present - expect the unexpected.

I agree, the Conservatives have put their traditional voters on edge by proposing the care tax - later revised by still leaving voters wondering if this is just a temporary stay of execution. If Labour wins, then prepare for tax grabs all round and more legislation/government interference in the PRS, amongst other areas.

Lib Dems - well they want to promise a further referendum on Brexit on ther final negotiated deal. For that read that the EU will give the UK the worst deal imaginable, knowing that there will be a vote by Joe Public, who will not want to vote for it, and thus the EU will get its way by the UK not leaving the EU.

I've always voted, and not taken this process for granted but this time around I really do not know which party to vote for - i'm almost thinking of spoiling my ballot paper or voting for some odd ball party - so at least I can say I took part in the democratic process. Basically, there is no one party which clearly gets my vote, I feel under attack whoever I end up voting for, sadly.... Read More

Paul Hawkins

9:34 AM, 29th April 2017
About A year ago

Sadiq Khan announces new database of criminal landlords and agents amid opposing industry views

As others have already noted - where is the database for rogue tenants.

@Dale Roberts - I too have used Landlord Referencing UK - I can't fault them. Really good package for advertising, referencing and rent guarantee insurance. Who needs the red brick letting agents when Landlord Referencing UK can put together a really competitive package far below what the high street outfits are offering, and in my experience so far - a much more robust referencing service.... Read More

Paul Hawkins

12:01 PM, 25th April 2017
About A year ago

Boiler replacement costs - reasonable or not?

Claudio,

Thanks for your comments.

Yes, the whole choice of boiler question appears to be a bit of a minefield, and the answer also varies with each Gas Engineer. The Ideal comes with a 7 year parts and labour guarantee, compared to the Worcester Bosch units which have a 5 year parts and labour. These (Bosch) seem to be highly rated, and the view of the Ideal units are that in the past they were very poor but the newer units are up there in terms of reliability with the Worchester Bosch boilers, hence the length of guarantee offered.

The general consensus from all engineers seems to be that most modern boilers whilst more efficient compared to older style boilers are only likely to have a useful life span of between 10-15 years at most. So from a tenants perspective - that great news - they get cheaper heating bills but from a landlords perspective, we need to be budgeting to replace the boiler about every 12 years.... Read More