LandlordZONE

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Mar, 2015

Tuesday

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  1. Yes the growth may or may not match inflation and...

    Yes the growth may or may not match inflation and nothing is guaranteed but for the last 300-400 years it has out performed inflation. Add to this your rent return and it smashes inflation out of...
  2. As for being a landlord full time - This is quite...

    As for being a landlord full time - This is quite easy up North as we can get good returns compared to what we spend but you do need to have quite a few properties to make a living if your dealing in...
  3. Capital growth is assured in every sector of UK...

    Capital growth is assured in every sector of UK housing due to inflation, well it has been for the last 500 years and I have not seen any changes yet. The difference is that it works more with the...
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    God knows how this is going to work - in my...

    God knows how this is going to work - in my experience it is usually after you have served a section 21 for people not paying rent or wrecking the place that they then decide to complain. Why would...
  5. Theta can you get finance on ground rents??

    Theta can you get finance on ground rents??
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    Cant beat the HG mould spray in my opinion! ...

    Cant beat the HG mould spray in my opinion! Great on grout
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    Ryan You are correct. The main problem being...

    Ryan

    You are correct. The main problem being is that there is no legal requirement to have an electrical inspection whilst there is a one for gas appliances, this is where most people get...
  8. I have had a similar argument some time ago...

    I have had a similar argument some time ago regarding convector heaters. I employed my own risk assessor to assess this - This was some time ago so things may of changed but ultimately I was allowed...
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    If someone dies/gets hurt or there is a fire then...

    If someone dies/gets hurt or there is a fire then you must illustrate that you made sure everything was 'safe'. The easiest way to do this is to present an NICEIC certificate. If a new build you...
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    Yes we got the agreement in personal names and it...

    Yes we got the agreement in personal names and it does state that they are responsible but that does not mean I am legal sound. You can get anything signed but it is sometimes where the law places...
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    Is there a topic specialist that could answer...

    Is there a topic specialist that could answer this?
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    Most economists think interest rates will only...

    Most economists think interest rates will only rise when they can - This makes sense when you think about it..................Why would the BOE increase them when people and the economy would...
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    I am unsure and will check this point. I think...

    I am unsure and will check this point. I think commercial leases may be different but I am not totally sure. A freeholder holds no responsibility in a flat for instance - if it is a leasehold flat...
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    Legal/safety question

    Hi All

    I have a block of 8 flats I let out to an agent on a 5 year FRI lease (commercial). If he did not do a gas check and someone died would I as the owner be responsible for this? Obviously I...
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    Hi Loanarranger Agreed agents can be a...

    Hi Loanarranger

    Agreed agents can be a problem. Normally the council search the land registry though and also send these notices to the owner. One question though - I have a block of 8 flats...
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    When I say pull out I mean of management. I will...

    When I say pull out I mean of management. I will just house the properties I have with an agent who can do all of the hoop jumping required of them. This I imagine will lead to agents needing to...
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    They will all increase as they will have a lot...

    They will all increase as they will have a lot more costs if selective licensing takes place. They wont be able to survive on the current rents doing all of the extra paper work
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    Agreed.....Obviously rents will need to increase...

    Agreed.....Obviously rents will need to increase significantly if we are to do such a large amount of work per property
  19. Load of garbage. You are better reading as many...

    Load of garbage. You are better reading as many books as you can and speak to anyone in the industry, many are on here and offer free advice. Look for someone who has done it - seriously it is not...
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    Rents may soar down south but up here we have...

    Rents may soar down south but up here we have Streets with 100 houses with only 5 families living there - Burnley, Liverpool, Manchester, Ferry Hill, Newcastle, Middlesbrough to name a few areas - I...
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    I subscribe to the 18 year cycle and the 300-400...

    I subscribe to the 18 year cycle and the 300-400 years of history and data which back this up - if 2008-2009 were the bust/correction times then we are in the first stage of the next 18 year cycle...
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    Yes it does make sense but the bank may be fully...

    Yes it does make sense but the bank may be fully aware of this also and make it difficult to borrow, you can only try and see what they come back with. It may be worth approaching other lenders as...
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    I can see no problem in this. One thing you may...

    I can see no problem in this. One thing you may wish to look at though is would it not be better to pay your bank lending down for the company rather than personal mortgage amounts?? Business...
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    Hi Maxis. I have seen a number of investments of...

    Hi Maxis. I have seen a number of investments of the kind you are talking about, some of them can provide a reasonable return but a large amount of them are very poor investments. The fundamental...
  25. I see the regions being a better option presently...

    I see the regions being a better option presently and you will achieve better yields and growth over the next few years. If you are prepared to sacrifice some time then the returns will be greater...
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