x
By using this website, you agree to our
use of cookies
to enhance your experience.
SEARCH
Search
STAY
CONNECTED!
Sign in
Sign in
New here? Sign up
Feedback
My Account
Feedback
Sign out
×
Make Today's Website as home page
Menu
Estate agent today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Letting agent today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Landlord today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Property Investor today
News
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Introducer today
News
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Property Jobs Today
Home
Find a Job
Search Recruiters
Recruiters
New
Peter's
Personal Profile
View my company profile
Peter Yellard
446
Profile Views
About Me
Send message
View company profile
Follow all comments made
my expertise in the industry
Peter 's wall
Peter 's
Recent Activity
How do Gen Rent get away with their nonsense. Landlords in the South East or making a 5% return. Why would anyone who (say) inherits a property worth £200K rent it out for less than 5%? Why bother? High rents are caused by high property prices and, I, as a existing landlord do not disagree with more house building.. How many new homes were built last year in respect to not only the population increase but increasing amount of smaller and single person households?
From:
Peter Yellard
22 March 2024 00:08 AM
It is coming.. No doubt about it.. It is complete nonsense.. The way to address bad landlords is to address how rent benefit is paid. Currently slum landlord properties get thr sane amount of benefit as the properties of good landlords who let to benefit claimants.. Universal licensing wont stop that. The Council can't inspect every private rental.. Instead only properties receiving rent benefit should require a licence.. That smaller pool of properties could be more effectively subjected to random inspections.. And Councils should have to right to reduce the rent benefit payable on the property (n.b not on the tenancy) until the property is improved.. In London there are million pound rental properties around the corner from ex council flats.. Universal licensing is an absurb waste of resources.
From:
Peter Yellard
20 March 2024 23:46 PM
Problems with bad landlords in the PRS are overwhelmingly at the bottom "rent benefit" end of the market. Instead of licensing all properties, only those properties wishing to let to benefit claimants should require a licence. If a tenant becomes benefit dependant after moving in to a property, they should be able to get a licence free on behalf of the landlord (there wouldn't be many of these).. Further, rent benefit should be paid at two rates..A basic rate based on size (as it currently is) and a higher rate based on quality.. That way, being a low quality landlord would be very discouraged.
From:
Peter Yellard
20 March 2024 23:37 PM
We can see coming into law the obligation to sell with sitting tenants. And rent controls.. With fixed term tenancies ended, sitting tenants will have no reason not to apply to the rent property accessor on even below inflation increases.. So many tenants will appeal to rent accessors, they will be overwhelmed. As a result, rents will be standardised purely on property size (as is tye case with housing benefit /Universal Credit). Paying a standard rate on size has encouraged (a minority of) slum landlords who let to benefit claimants and then neglect their properties. That will now happen in the non benefit rent sector and we will all be labelled Rachmans.. Time to leave the PRS.
From:
Peter Yellard
15 March 2024 02:31 AM
Those who had two year rares must be suffering but Kahn wants rent controls.. I have longer fixes but will have to put rents up a by large amount in 2026 in paper match my 2020 income (with inflation I will still be worse off). Time to quit the PRS.. And Kahn knows we will.. Its all abt popularlist appeal to young renters who don't understand basic economics and that it will become harder and harder for them to find anywhere to rent.
From:
Peter Yellard
15 March 2024 02:22 AM
I am sure most private landlords give their tenants some leeway if they run into sudden hardship.. But we are not Social Landlords.. We are a business and need the income, including to pay mortgages.. In my experience, as a property manager for 30 years in both the private and public sector, the vast majority of rent defaulters are to blame for their arrears. This includes a failure to pursue any benefit claims or spending the rent benefit on drugs, alchool or gambling or luxuries.
From:
Peter Yellard
14 March 2024 02:32 AM
I agree with planning law and a minority of bad landlords might convert decent housing into rabbit hatches.. But thrre is something called 'retrospective permission' and a decent conversion could be overlooked or treated gently by a council.. But u can bet they won't..
From:
Peter Yellard
29 September 2020 11:12 AM
I had a tenant sub letting and getting furling scheme from a major company. Thry to pay rent or provide proof of income/inability to pay eeg bank statements. Luckily for me, pre covid, they had said they were returning to their country and did in August. Otherwise I would be facing two years of legal delay to gain possession and losses of 20k+. Tenants who refuse to provide evidence of inability to pay should be subjected to speedy legal eviction.
From:
Peter Yellard
17 September 2020 10:40 AM
The policies of the Tories even before Covid were clearly anti small landlord.. If the government wants to encourage big LLs it can do it with tax incentives and.. indeed by withdrawing things like tax releif and depreciation allowance. But such withdrawal should only apply to new LL's /additional purchases. Retrospective altering of the goal posts, especially for elderly LL's who have invested for their retirement is grotesque. And, such individuals will, in amycase die and allow small LL's to die out if that's what the Tories want.
From:
Peter Yellard
10 September 2020 10:58 AM
David Edmonds dobjects to a LL considering and calling a tenant "good" and thus wanting to retain them. What does he want us to call a tenant with income who defaults, wrecks the place and disturbs neighbours? "Excellent"?
From:
Peter Yellard
13 August 2020 15:23 PM
I have tenants that have shown they can't pay and I suspended rent payments and wrote off some of the arrears. One refused to provide evidence and it has emerged they have not only been sub letting but have turned my property into bedsits. They now won't respond to calls or email from me or my Agent. The "no eviction rule" will be extended and it's therefore unlikely I will be able to evict until May 2021 due to court backlogs.. Thanks Conservative government..
From:
Peter Yellard
26 May 2020 17:14 PM
I was made redundant and now dependant on my two properties for income until.I get my pension. . I had wanted to convert one property to an annuity and sell when tenancy ended July.. Now both tenants are not paying. I have no income.
From:
Peter Yellard
24 March 2020 12:14 PM
Lorem Ipsum dolor sit amet
Viewed From: Breaking News
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Video Archieve
Today 14:58
Portal Discussions
Joined Group From: Your Community
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Industry View
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Industry View
Today 14:58
Lorem Ipsum dolor sit amet
Conversation Comment in: Interior Design
Today 14:58
×
Send a message
Message
×
Write on Wall
Message
×
Send a message
Reply to:
Message
Breaking News
Call for “sentencing guidelines” to punish landlords over licensing
Politicians propose State Control of private rents in Scotland
Lawyers ask: Why is Gove delaying ground rent reform?
Rents soar by almost half since 2014 - deposit service’s latest claim
Build To Rent deal emphasises eco-efficiency and wellbeing
Jail for landlord who put lives of tenants at fire risk
Councils set to grab over half a billion from higher tax
Renters Reform Bill shock for Generation Rent and Shelter
Energy costs could vary according to time of day
HMO clampdown after worry over bins, parking and loss of housing
Peter 's Recent Activity
From: Peter Yellard
22 March 2024 00:08 AM
From: Peter Yellard
20 March 2024 23:46 PM
From: Peter Yellard
20 March 2024 23:37 PM
From: Peter Yellard
15 March 2024 02:31 AM
From: Peter Yellard
15 March 2024 02:22 AM
From: Peter Yellard
14 March 2024 02:32 AM
From: Peter Yellard
29 September 2020 11:12 AM
From: Peter Yellard
17 September 2020 10:40 AM
From: Peter Yellard
10 September 2020 10:58 AM
From: Peter Yellard
13 August 2020 15:23 PM
From: Peter Yellard
26 May 2020 17:14 PM
From: Peter Yellard
24 March 2020 12:14 PM