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bil8999

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Everything posted by bil8999

  1. Yes, i can remember years ago, swapped a gas boiler for a tenant, took them a couple of electric heater to keep warm, they then shortly afterwards presented me with the electric bill for the additional electric used, crazy.
  2. Add additional concrete plinths to prevent kicking damage, smaller fence panel or cut existing above with internal side fixings
  3. I tend to go along with the engineer that I am paying to complete the cert, otherwise he may refuse to sign it off
  4. Yes , I am the same, long term tenants, but when you have some properties that are now in the 300k bracket rented out at a yield of 3.5%, then it makes you think sell.
  5. If local councils are so short of housing, then they can buy all mine that come empty at a discount, as long as HMRC don't charge me CGT
  6. Never thought id say this but, if any of the houses come empty, think I will sell, pay the CGT move on. Personally I think tenants that have always paid there rent should be given at least 6 months notice.
  7. I was thinking more on the lines of me leasing her the properties for a fixed amount, any void periods, repairs, insurance etc has to come from her %
  8. What about repairs, or, is that included in the 8%
  9. We have 41 lets, thinking of my daughter taking over all responsibility for maintenance, rents etc. Pretty much the same as renting a chair in a hairdressers, i still get my rent even if you don't have a customer. I still work on the tools 6 days a week building etc, 70 in January, got enough work for next 5 years on new builds etc. Then that's me finished. The question is, what percentage of the rental income should she receive for taking over?
  10. Could have fitted heat deflector above the oven, only a thought
  11. Keep hearing about the government need to build more houses to bring the cost down, cheap affordable housing, how when nurses, doctors, teachers, public sector workers all want wage rises can we build cheap affordable housing, do they all expect building workers to work for less, we already do, don't say migrant workers please. Any thoughts
  12. Yes, the example you have given is of many people of our generation, we need to encourage people to be less reliant on the system, we need to help the hard working people to achieve there goal of owning there own property, and inactive people back into the workplace for there own well being. This will be beneficial to both renters and landlords.
  13. There appears to be increasing number of of elderly people with interest only mortgages, selling at a profit , stashing the proceeds away, moving into rented, claiming credits and making up the rent difference from the stash. Also the number of people living in assisted living accommodation, its as if there is a growing number of people that want looking after while the rest of us pay for it. I really feel for someone that is homeless due to no fault of there own. Its not possible to give everyone a home, we need to help in other ways. Only my opinion for what its worth.
  14. Interested on views regarding tenant/ landlord rights, ie no fault eviction etc. Been reading about tenants in Cornwall being asked to leave because landlord wanting to sell property, either because they want to move into property, children want to move in or mortgage has increased so need to sell. Tenants say landlords have to much power over tenants!. Local council asking people with spare room to prevent homelessness . Any thoughts as to how this can be addressed?
  15. I am also in an enviable position, got my first property to rent at the age of 25 for £1500, now let out 41 properties, never had any borrowings, like you small time property developer, still got 6 plots to develop, will rent when built. Would i invest in property at the moment, no, unless well below market value, would i sell if no tax to pay, not sure. As i know zero about how to invest money other than into property.
  16. Would you sell if no the government covered the tax
  17. A lot of these workers are not underpaid, the ones that are should have a wage increase, all i seem to hear is that people on benefits need more, we need to get these people into work, that will not happen while we keep handing out free money. I can see why young people do not want to be in my industry as a tradesman, its not that well paid, and hard work.
  18. I own a listed building, and was told it was exempt, we converted it into flats years ago which are 50sqm which also makes them exempt, or so i was told, but we had them done anyway, just so that we didn't have any hassle
  19. I would never fit a boiler in a bedroom, have never worked on a property where it has not been possible to install elsewhere, just more cost involved.
  20. Yes, then they will look at raising how much tax we pay.
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