dismayed landlord

Registered with Property118.com
Sunday 13th December 2015

Location
Kent

Trading Status
Joint

Providing essential rental accommodation since
1996

Number of rental properties owned
11 –20

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 49

dismayed landlord

16:25 PM, 9th October 2020
About 2 weeks ago

3 vacant properties v 2 separate tenants not paying rent?

Yes Kabir and David, I am in the same boat. I could let one out again (and its all 2021 compliant and totally modern now) but too scared that I'll be mugged over for the rent - and that includes by my local Council! Dartford - if the last fiasco is repeated - or not being able to get the tenants out when I want - and that includes 2 non payers at present with kids. Sorry Robert but in my experience the charities and housing associations only do so much and you will end up still being very involved and losing out financially. They are in it for the money not to make your life simple. . I actually do not want to sell this year (paid enough CGT already) but the fear of CGT rising and prices crashing is a big incentive to having it on the market and seeing what happens. Then there is factoring in the stamp duty effects till March 2021 and now the 95% mortgage promise. If I have read it right, to get generation rent into generation buy in one easy move? Well its been tried before. Thankfully RPS is only an investment and involves me in no effort, nor threat of penalties if I screw up, so I can just sit back and watch the cash pour in. Hate to think how much time and effort it would be if repairs were required, rent pursued and legislation changes continually had to be met. I'd end up with sleepless nights and working a full time job whilst stressed out worrying how to pay my bills. However I will feel good about the tenants welfare and my heart will glow with happiness for them. And i will have paid enough to help reduce the governments debt substantially whilst being threatened by them to keep up to date with the latest legislation. Keep kicking Boris - I am getting immune to it.... Read More

dismayed landlord

9:49 AM, 3rd October 2020
About 3 weeks ago

Government consultation to increase minimum EPC rating to band C for PRS

Yes Chris and I have had that same comment several times on properties which I have been selling.... Read More

dismayed landlord

7:23 AM, 2nd October 2020
About 3 weeks ago

Government consultation to increase minimum EPC rating to band C for PRS

yes well said Dylan, its just how to do it with the tenants still in situ as no-one seems to want them. if i could get them out then i'd sell the lot and hopefully do it before the March 2021 deadline of property prices crash. But reality is i will not achieve this and therefore will be forced to remain a landlord.... Read More

dismayed landlord

16:52 PM, 1st October 2020
About 3 weeks ago

Government consultation to increase minimum EPC rating to band C for PRS

I'd sell the lot too if I could get them (the tenants) out. My view is that the government has had to put a 6 months notice period for possessions just to stop me leaving the PRS. Boris has been informed that he needs to do something to stop landlords selling up otherwise there will be no mugs to house the social rented sector. Keep us tethered and keep kicking us. Imagine nothing to rent and house prices falling as we all sell up. Maybe that is the only way the government and media will listen. Suppose they can always then requisition the properties.... Read More

dismayed landlord

16:27 PM, 1st October 2020
About 3 weeks ago

Government consultation to increase minimum EPC rating to band C for PRS

hi Mike, i think I'd rather just gas up the the Citation and jet back to the Caribbean. I've allowed the staff enough furlough, its time to reclaim my island. .... Read More