David Price

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my expertise in the industry

David's Recent Activity

I find it hard to believe that dramatically increasing tax on "one in five" landlords would lead to increased rents, who could possibly have predicted that outcome?

From: David Price 07 September 2018 09:46 AM

From: David Price 30 August 2018 11:41 AM

My tree word comment is unprintable.

From: David Price 30 August 2018 11:40 AM

Could not agree more. Treating the symptoms will lead to more unexpected consequences.

From: David Price 31 July 2018 10:19 AM

Surely there are no bad tenants?

From: David Price 24 July 2018 12:38 PM

How does imposing a licence on a landlord help to control the behaviour of a tenant? Is a landlord his tenant's keeper?

From: David Price 19 July 2018 09:54 AM

“The licence fees and charges have also been reviewed to ensure that the full cost of processing an application, which varies according to the size of the HMO, is passed to the landlord as a valid cost of operating their business.” These fees will in turn be passed to the tenants as increased rent. The end user always pays.

From: David Price 17 July 2018 11:14 AM

It may take 118 days on average from the time court proceedings are instigated but with a section 21 there is a two month notice period before that 118 days can start. I have had several evictions which have taken longer than a year, bad tenants know how to play the system.

From: David Price 17 July 2018 10:41 AM

An expert yes but please please not another expert like Mark Carney.

From: David Price 10 July 2018 11:02 AM

Deposit should be commensurate with the potential damage, perhaps 10% of the value of the property. Now I realise that this will be beyond the means of most tenants so how about an insurance policy paid for by the tenant and in the tenant's name? A decent tenant will quickly establish a good insurance record and bad tenants will not be able to obtain insurance, a self regulating system.

From: David Price 19 June 2018 11:42 AM

Stamp duty causes owner occupiers significant hardship but I don't see any move to limit that!

From: David Price 19 June 2018 09:50 AM

Another unintended consequence of ill conceived legislation.

From: David Price 27 April 2018 12:26 PM

There is a system in place to identify rogue tenants https://www.landlordreferencing.co.uk/ it just needs wider publicity and universal acceptance.

From: David Price 19 February 2018 10:17 AM

The Thatcher government rubbished the teaching profession, to the detriment of Students and Teachers, and it still has not fully recovered. The same will happen with the PRS, to the detriment of Tenants and Landlords.

From: David Price 12 February 2018 10:43 AM

I would have been delighted with even 10% of this alleged capital growth. I don't know where these figures have come from but I and many of my fellow landlords would struggle to break even over the last 20 years of capital growth.

From: David Price 29 September 2017 10:39 AM

Come on guys, don't be too critical the authors must be embarrassed enough already, spare their feelings. Was the original paper peer reviewed, as are all dependable scientific publications? If it was then I suggest that the reviewer be censored, as should the report. If the Joseph Rowntree Foundation is to retain it's credibility then it should withdraw the report pending further analysis of the figures and a reliable and totally independent peer review of the resultant paper.

From: David Price 27 July 2017 07:19 AM

Just what was the landlord supposed to do to stop this nuisance? At best it is a six month process to evict the tenant, a tenant who has the right to quiet enjoyment. All the tools which could be used by a landlord to rectify the situation have been taken away by successive governments. Can't enter the property, can't cut the power supply, even speaking to the tenant would result in an accusation of harassment and a subsequent arrest. And do not think it cannot happen, one of my employees was arrested because he had the temerity to ask for the rent. This is a case which must be fought and like Rebecca I would be willing to contribute to a fighting fund.

From: David Price 25 May 2017 10:11 AM

Terry if you are paranoid then so am I and the vast majority of my colleagues.

From: David Price 12 January 2017 10:52 AM

Fortunately James you do not have to make it up, government legislation and detest for the private landlord has done all the storytelling for us. You have to admit that politicians have done a good job in vilifying landlords, making everybody despise them and taxing them out of existence, effectively preventing the housing of benefit tenants. Colloquially it is called shooting yourself in the foot.

From: David Price 05 January 2017 11:47 AM

Such a register exists, take a look at http://www.landlordreferencing.co.uk/

From: David Price 03 January 2017 10:45 AM

Owners have been bailed out the last 7 years with ultra low interest rates. It has driven owner occupier mortgage costs to the floor.

From: David Price 14 December 2016 12:36 PM

Its time to get to professional owners rather than greedy gearing speculators.

From: David Price 14 December 2016 12:32 PM

". . . . accommodation website was exacerbating the housing crisis by allowing buy-to-let landlords to rent out homes long-term, thus reducing the volume of properties available in the private rented sector." But wait the government hate the PRS and try to tax and legislate it into oblivion, now they seem to want us to provide long term accommodation. Better to legislate for B&B to abide by the same rules as landlords. Government knows that landlords are part of the solution but seem to be vilifying them and pretending that they are the problem. RLA should be supporting landlords in any shape or form not encouraging yet more restrictions.

From: David Price 04 December 2016 12:27 PM

Just as mortgage lenders stress test their clients, landlords will now have to stress test their tenants, something which has not been necessary in the past as rent increases during a tenancy have been the exception in the PRS.

From: David Price 08 November 2016 11:09 AM

As a physicist who metamorphosed into a landlord I can assert that it is neither Newtonian or Einsteinian (relativistic) physics, rather Osbornian physics (AKA stupidity)

From: David Price 18 October 2016 09:38 AM

I am old enough to remember when the London Borough of Greenwich demolished the wartime prefabs, in fact I am old enough to remember when they were built! Modular construction is not new but high rise modular construction is a newish concept. High rise social housing has proved to be a disaster with many high rise blocks now being demolished, how long will these new modules survive?

From: David Price 26 August 2016 10:23 AM

The end user (ie the tenant) always pays all the costs and that includes George Osborne's new taxes on rental property.

From: David Price 17 December 2015 08:18 AM

I have kept my rents in line with Housing Benefit for the last 25 years but with all the new taxes I must increase my rents just to stay solvent. If this means that my benefit tenants will be made homeless that is unfortunate, I do not want it but the venerable and respected Mr Osborne has forced me into a corner.

From: David Price 09 December 2015 12:29 PM

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