Paul Shears

Registered with Property118.com
Wednesday 31st July 2013


Latest Comments

Total Number of Property118 Comments: 619

Paul Shears

23:37 PM, 20th December 2021, About a month ago

Property Investing Gone Wrong - Council Lose £200 Million In Bad UK Property Investments

Reply to the comment left by at 20/12/2021 - 14:07
I could not disagree more!
Until you face up to the fact that you do not know exactly what you are doing, and in the case of local councils that is utterly impossible due to the calibre of staff and their insurmountable systemic problems, then the situation is utterly hopeless.
These people cannot run a car park or design a basic web site.
The idea of them running a business using their own judgement is utterly absurd.
They need to make passive investment with minimum risk or reduce their core activities, but I have many examples over many years that they can even get that right.
The idiots at a West Country council invested in very old buildings with severe listed building restrictions that they could not then rent out as the overheads from using them were far too high and so no business would touch them. So the council idiots moved into the buildings themselves!
Result massive additional burden on the tax payer.
Water finds its own level and if you keep throwing good money after bad, just like the NHS, the result will, inevitably, be bigger failures than ever.
Just because there is a need for something, does not mean that the need will ever be met.
Meanwhile the council Chief Exec’s continue driven by their real motivation, which is to maximise their own absurdly high income.
If this sort of activity was carried out by a real business, the business would simply contract.
That’s the grown up bottom line.
The reason that councils have steadily had their funds restricted is that they are just absolutely useless at what they do whereas an expanding business (tax payer funded NHS aside) provides consumers with what they want to pay for.... Read More

Paul Shears

16:53 PM, 18th December 2021, About a month ago

DPS Statutory Declaration to rub salt into the wound?

Reply to the comment left by at 18/12/2021 - 15:50
I agree and I have used MyDeposits for over ten years. However, I have noted that they no longer respond to Email communications. You have to ring them up and it may be sorted literally in a moment. You will then receive an automated message asking you to give positive feedback on something that has dragged on.
I do not know of a better system though.... Read More

Paul Shears

21:52 PM, 17th December 2021, About a month ago

DPS Statutory Declaration to rub salt into the wound?

Reply to the comment left by Seething Landlord at 17/12/2021 - 17:00Now that explains why the £5 fee that I paid a solicitor was so low! I really could not understand it.... Read More

Paul Shears

7:46 AM, 27th November 2021, About 2 months ago

Rent increase hostage to windows?

Reply to the comment left by Terence Joseph at 26/11/2021 - 17:42
I could not agree more but triple glazing is so cheap, if you shop around, that I see no reason to not buy it.... Read More

Paul Shears

7:44 AM, 27th November 2021, About 2 months ago

Rent increase hostage to windows?

Reply to the comment left by No hate plz at 26/11/2021 - 17:54
I had a couple of quotes to replace a window pane in my lounge. They were around £800. It made no sense whatsoever to do so.
I paid £2,300 for the entire window to be replaced with triple glazing. I stopped buying double glazing over ten years ago. If you hop around, you can get the thickest profile triple glazed window very cheaply indeed and this has been the case for well over a decade now. The increased cost for my entire large house from the same provider was only £600 over ten years ago!... Read More