NewYorkie

Brilliant. Not that sort of performance but I'm not complaining. Probably makes us prime targets for Labour.... Read More

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As usual, shelter and GR picking a single example to vilify the entire PRS. Except, the example used is totally irrelevant. Lodgers do not rent an entire property, and as such, where they live is not 'their home' it's their room in someone else's home.

I can imagine why someone would not want their lodger in their home all day, using their gas and electric, while they are out at work. I remember we had 2 lodgers 60 years ago. They knew they had to be out of our house by 08.00 and had to use the public baths on a regular basis. They paid their rent on time and never complained. But... WFH was never a thing until recently.... Read More

Not like the old days. I hold shares which have a value and can be easily traded, and receive dividends which I reinvest. This particular REIT received government seed funding.... Read More

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Let's see A Rayner try to justify that one! Same as Lady Nugee, except she and her husband did it on a grander scale in Islington.... Read More

The reason why titles aren't merged is because the freeholder may wish to sell the leasehold at a future date. However, no reason why the freeholder can't extend his own lease at zero cost if the lender insists. But that's ridiculous because there is no risk where freeholder and leaseholder are one and the same.... Read More

Sorry, but what does this have to do with the minimum number of flats for RTM?... Read More

I thought a block was at least 2 leasehold flats in a single building.... Read More

Ha! Ha!... Read More

Another example of the Tories having had enough. They didn't want the mess that is now London.... Read More

"Nothng seems particularly out of order here". There speaks a managing agent!

If the insurance has increased by 100%... for a 2 flat property, and the dates are wrong, that is 'particularly out of order!

I have been a Share of Freehold Co sec., been through 2 RTMs, and am currently director of one. Our insurance, on a block of 137, increased by 4.5% this year. If we can do it, so can they.

This is pure profiteering, and needs to be referred to the First Tier Tribunal. However, leaseholders pay their own costs, which MAs and freeholders know, and these will negate any potential savings.

I recommend you go RTM ASAP. You have 100% buy-in, and just need to get the process right. Use a specialist.... Read More

I don't know why they rushed the Bill through. It was so heavily diluted as to be pretty useless. It certainly won't improve existing leaseholders' ability to sell.

The Tories caved to the freehold lobby. I can't think of any other reason for such a shoddy piece of legislation. I don't believe Labour will follow through with what it says it will do.... Read More

You'll be lucky to be successful with a Discretionary ground, which means you'll need 6 full months arrears before issuing the S8, and then wait for a court date, and then wait for bailiffs [if successful]. Allow at least 12 months.

All the while, the tenant won't pay rent, the property will not be maintained, and you probably won't get your arrears and legal costs.

My S8 cost me £20k+

Is it any wonder landlords are angry and exiting the PRS!... Read More

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As the freeholder, I would have thought you can decide to extend or even end the lease.... Read More

These are the personal views of a canvasser, not a Reform representative. Labour have some very nasty MPs and representatives and supporters, let alone canvassers. I recall a well known comedic supporter suggesting acid should be thrown at Farage.... Read More

All about net zero. The ridiculous obsession with smart meters is costing us a fortune, for no benefit, and many don't even work [mine doesn't]. Then there's the green levy to pay owners of wind farms to not produce electricity because we can't store it on the grid. And then there's a huge cost to pay those suppliers who gave gained millions of extra customers as a result of those companies that went bust. Octopus must be laughing all the way to the bank, not having to shell out £millions on marketing to gain new customers. Instead, we have paid them to take them!... Read More

It seems to have become a thing since lockdown, and mainly in the bigger cities where better paid employment supports higher rents. I haven't experienced it either, but haven't had a new tenant for 5 years.

Could it possibly be anything to do with a shortage of rental property, caused by landlords buggering off because they've had enough.... Read More

What's a high carbon home?... Read More