H B

Registered with Property118.com
Saturday 11th July 2015

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 344

H B

10:49 AM, 14th May 2020
About 2 months ago

BM Mortgages "Action Required" letter on interest-only mortgages?

I agree with what many have said above - these are genuine requests to understand your repayment method and there is no reason not to be honest with them if you have that information.
Lenders are likely to be more concerned with mortgages reaching the end of their life if they are still at a relatively low LTV.
One thing that drives this is that interest only mortgages - residential or BTL - are more likely to fail to repay the principal contractually if they ever reach maturity. Even if the collateral is good, the loans need to be treated as higher risk and more bank capital held against them, even if the borrower keeps on paying interest.... Read More

H B

18:52 PM, 13th August 2019
About 11 months ago

Cooking a meal now a problem?

Reply to the comment left by colette at 12/08/2019 - 21:20
Would he really want to alert the council at this stage?... Read More

H B

18:47 PM, 13th August 2019
About 11 months ago

Should I sell or take a Lifetime BTL mortgage ?

Sell up. Buy one or two cheaper and higher yielding properties in the North East. Enjoy the surplus.
Given that you can't take it with you, how much do you want to leave unspent when you die?
Also, remember your expected mortality - average of 90 for a 65 year-old, so you should probably think of making it to 95+.... Read More

H B

17:51 PM, 14th April 2019
About A year ago

Paragon - Landlords taking action to mitigate higher tax costs

Reply to the comment left by David Price at 11/04/2019 - 12:37
That was what the Treasury said but of course they included all landlords, mortgaged or not. And mortgage free landlords were entirely unaffected.... Read More

H B

8:00 AM, 5th April 2019
About A year ago

Calling for a new tax regime that includes incentives

An clear and sensible set of demands. Only one "but"...

"Man landed on the moon in 1969! It is not beyond the wit of man to dream up an acceptable mechanism for resolving the problem of Domestic Abuse!"

Landing on the moon is a piece of cake compared to ending domestic abuse. This sort of comment, particularly in light of Fergus Wilson''s ban on battered women, will come across as insensitive.... Read More