Simon Griffith

Registered with Property118.com
Wednesday 30th December 2015


Latest Comments

Total Number of Property118 Comments: 63

Simon Griffith

10:24 AM, 10th February 2017
About 2 years ago

Gavin Barwell confirms longer tenancies will not apply to BTL

I wouldn't trust a word this chinless wonder speaks. He's the Housing Minister who said attacking letting agent's fees would be counter productive. Hammond completely ignored him a few weeks later in the budget.... Read More

Simon Griffith

13:35 PM, 6th February 2017
About 2 years ago

Government Housing White Paper due out tomorrow

Alison, no professional landlord in business for the long term has any significant objection to the concept of long term tenancies. However, no judge is able to grant mandatory possession within a fixed term or indeed within the first six months of a tenancy. Herein lies the problem -tenants get the security of tenure they apparently crave but landlords are hung further out to dry when a tenancy goes bad which is does from time to time no matter the due diligence unless you are blessed with extreme good fortune. Furthermore statistics actually show that most tenancies ended by the landlord thus disrupting the tenant are down to rent arrears, damage, anti-social behaviour - not for fun ! Well this was the case until the government started forcing landlords to sell with their sustained attacks. Good reliable tenants did have nothing to fear from a mortgage lender compliant 6/12 month AST as why would the landlord want them to leave ? More meddling which is entirely unnecessary and actually ultimately counter productive.... Read More

Simon Griffith

13:29 PM, 2nd February 2017
About 2 years ago

Shadow Spokesman for Housing supports a tax that is increasing homelessness

Notwithstanding all of the previous multitude of examples of out of touch politicians I can't help but still being shocked at how prejudiced and actually ill informed such individuals from very privileged backgrounds can be. From the mathematical ignorance of attacking incorporated bodies who currently 'enjoy' 20% 'relief' - the same as unincorporateds will be reduced to ultimately to the lack of common sense on the uninintended consequences of government meddling. How sad to be having to tell my children repeatedly not to trust politicians, study hard at school to ready themselves to move out of the country if need be, how my son should do business studies if he likes but should not count on us having a business to join if we keep getting attacked. Dreadful state of affairs. Head down...dreading the next budget.... Read More

Simon Griffith

15:51 PM, 31st January 2017
About 2 years ago

A better alternative to S24?

As I was driving around today buying a new oven, repairing a broken wash hand basin waste pipe, replacing the silicon seal around a bath and all the other bits and pieces that no-one in government knows or cares about that are integral to portfolio buy to let (before settling at my desk to produce the mountains of paperwork necessary and progress our very expensive incorporation) I gave this some more thought. Appalled landlord is spot on. We are being singled out here, literally being bullied and abused - whatever the real reason behind S24 and all the other attacks landlords need to remember we are doing nothing wrong in our day to day business so we should not be punished for it. Quite to the contrary we should be rewarded with a more favourable tax regime as is the case in most other countries. 2%, s24, 3% stamp, and the rest are not justifiable in any format or combination- we're in danger here of taking a kicking and thanking the bully for not punching/kicking us harder.... Read More

Simon Griffith

10:54 AM, 31st January 2017
About 2 years ago

A better alternative to S24?

I've just read another thread where there is a whole study going on about how to raise funds from property/wealth tax - James and others please exercise caution however well meant by giving them any more ideas. I can see rent controls anyway and we don't want alternative ideas to s24 being turned into additional taxes on top of s24 !... Read More