Deborah Clare

Registered with Property118.com
Monday 29th July 2013


Latest Comments

Total Number of Property118 Comments: 38

Deborah Clare

11:47 AM, 24th June 2019
About A day ago

It's a numbers game

I'm living in a caravan in my garden so that my 21 year old son, his pregnant girlfriend, my 25 year old daughter and her partner can live in my house as they have nowhere else to go. 5 adults and soon a baby, in a very small, two bedroom, end terraced house. There are no council properties available and due to very insecure employment and low wages, private rentals are not an option.

It's madness, I own 4 houses and can't live in any of them (unless I make my children homeless)!

Shelter were useless when asked for advice. They suggested that my son contact the council to apply for a house despite already being told that they had been on the list for almost a year.

With this advice being given out I wonder if any tenants have any positive regard for the organisation or if they have a similar view of Shelter as landlords do.... Read More

Deborah Clare

10:01 AM, 15th February 2019
About 4 months ago

Am I wrong to insist on signing a new contract in person?

I use a rent guarantee service, so they do all the referencing, etc., process all payments via the internet and all documents are signed electronically. I prefer it because I tend to do all my landlord work in the evening as I work during the day. Tenants seem to prefer it too as it makes it easy for them, particularly if they live some distance from me or the property they will be renting. I can't think of any problems with it.... Read More

Deborah Clare

12:20 PM, 23rd January 2019
About 5 months ago

The Daily Mail gets it?

I only have 3 properties and when I worked out actually how little I've made from them over the past 5 years and how much work I've put in for that return on my investment, coupled with the ever increasing rules and regulations and extra tax etc., I'm seriously wondering if it's worth the effort. There was a time when I enjoyed being a landlord and I think I do a good job and my tenants have been happy. But now, it's just one thing after another and the 'rules' are constantly changing, always meaning less profit.

My plan was that eventually the properties would provide my pension and then be left to my children. However, they will never make me rich, just provide an adequate amount of income for a comfortable retirement from the age of 65. After attending a training course recently for my job, I realised that unless I can become too rich to care about paying nursing home fees etc. when I'm old then it's quite likely that my assets (properties and rent) would be used to pay for any care I may need and I won't be able to leave them to my children as I intend to. Whereas if I spend all my money while I'm younger, and have no assets when I get to that stage of life, the state will pay for the care I need. As I'm going to be one of the many people stuck in the middle range of being reasonably ok financially but not wealthy by any means, I'm seriously wondering if working hard as a landlord (in my spare time, alongside my 'proper' job) is worth it anymore. Why not just take my money now, retire early and enjoy the next 20 years or so and let the future take care of itself?

The government is not encouraging me to do anything else at this point in time!... Read More

Deborah Clare

20:09 PM, 20th November 2018
About 7 months ago

We need to wake up and smell the coffee!

Reply to the comment left by Neil Patterson at 20/11/2018 - 09:09
My choices have been narrowed down a bit. Homebase is closing in my home town, so without B&Q I'll only have one other option for a large DIY store.... Read More

Deborah Clare

11:55 AM, 10th October 2018
About 9 months ago

Potential Budget CGT relief and profit split for selling to long term tenants?

So the landlord takes all the risk and hassle of maintaining the property and then shares the 'windfall' with the tenant who has done nothing? Seems a bit of a rubbish idea to me!... Read More