Registered with Property118.com
Tuesday 8th December 2015

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Latest Comments

Total Number of Property118 Comments: 176


20:59 PM, 8th April 2020
About A day ago

Government have created chaos in the PRS

Reply to the comment left by SteveH at 06/04/2020 - 22:40
Absolutely. A legal challenge should and must be mounted. The UK government have appropriated private property and removed the right to compensation without due consideration to the rights of private ownership. This is a gross abuse of private property rights.
I'm surprised no solicitor has yet advised landlord action groups that a class action is advisable.... Read More


19:28 PM, 2nd April 2020
About A week ago

Shelter again with latest TV advert!

Reply to the comment left by Shelter at 02/04/2020 - 16:58
"Doxing people, especially ones working hard is shocking behaviour."
And this is exactly what the latest legislation is doing to landlords. Private property has been commandeered to address the potential problem of tenants being unable to pay their rental with scant care for how the property owners are able to fund these losses. It is a gross abuse of property ownership rights. It should be legally challenged.
If Shelter were so determined to fight homelessness they would engage positively with landlords.
Instead you castigate and undermine and insinuate.
I also note that, instead of responding to the valid accusations of spurious sensationalism you've stooped to, you've preferred to attack one commentator in an attempt to regain your sense of ersatz victimisation.
It is a pity John's comment was removed. I would have enjoyed reading it - simply because it irked Shelter sufficiently to report it. It must have struck a petulant nerve.
Well done John. You have earned my admiration.... Read More


15:04 PM, 30th January 2020
About 2 months ago

Average house sale in 2019 took 256 days

The buyer's solicitor in the sale of my unit presented my solicitor with an unprecedented 52 queries - the vast majority of them repetitive, menial and trivial. Nevertheless we, the sales agent, the managing agent and my solicitor had to provide answers to the same tedious queries.
And the above statistics don't present as reality. My empty London unit took 16 month from first sale advert to completion. Sales agents "refresh" the sale date regularly to present properties as newly listed.... Read More


16:07 PM, 21st January 2020
About 3 months ago

Pulled out again due to onerous Ground Rent increases

I have commented on this before. We bought two new builds off plan in the same development in 2008. The Solicitor appointed by the developer did not bring the ground rent issue to our attention at any time during the conveyance process and the account for his services were not included in the sales price, just ostensibly cheaper the developer advised. They weren't. As we were non UK BTL investors we had no experience of this extraordinary concept, and so we failed to question or recognise a potential future problem. Fast forward to 2018, and after a very nasty experience with a serial rogue tenant, we decided to exit the UK property market after we evicted the tenant. It took 20 months to achieve a successful sale on the empty unit, three abortive offers that cost us unnecessary conveyancing fees, costly management packs and all the attendant fees due on a property including the mortgage. The two issues that drove keen buyers away were the cladding and ground rent. Both have been subject to demagogic government scrutiny but as of yet there has been no definitive nor urgent decision on either to make property sales more inviting. I have been informed that a nil value is now apportioned to my second unit in lieu of the above ie a GBP500 000 flat is now worthless. I will repeat what I have stated before. The UK blathers on about the importance of home ownership but does everything in it's power to make such ownership impossible.
It's a tragedy that is ludicrous.... Read More


18:18 PM, 2nd January 2020
About 3 months ago

How do I get the CCJ registered with the Registry Trust?

Reply to the comment left by Monty Bodkin at 02/01/2020 - 13:11
Dear Monty,
Here is a copy and paste excerpt from the confirmation letter :
"Possession Order Case No. E0PP2708"
"Having checked our records, I can confirm that we received notification from the court on the 8th June 2018 and the above judgment is now showing as unsatisfied on the public Register.
At the same time, we advised the credit reference agencies who receive details of county court judgments so that they can update their files."
I did not receive an instalment payment order.
I am hoping that if I bide my time for a few years and then appoint debt collectors to chase the tenant I may recoup some of my losses. But she is and was an astute and adroit manipulator of the system, who I also outed as a benefits cheat, so my assumption is that she will always find a way to continue pilfering. The UK doesn't seem to have the requisite checks and balances in place to deter the determined rogue tenant.... Read More