Recent content by james_packer

  1. J

    Buying in London

    There was a discussion about buying in the UK generally last year around November. http://www.somersoft.com/forums/showthread.php?t=67181 Prices in London are starting to ease now as well. Check out the England and Wales land registry for actual data http://www.landregistry.gov.uk/ An...
  2. J

    Landlord Insurance / fixed term lease clause

    Thanks for the feedback. From the replies it would seem fairly common. However, I would not like to lose a good tenant just because they want to go month by month. I'll stick with what I've got for my own IPs and maybe just better get sorted to buy a place in the new city rather than be a...
  3. J

    Landlord Insurance / fixed term lease clause

    I've been told by my landlords to renew my lease for a fixed term or I'll be given notice. Their reasoning for this, so says the PM, is that the landlords insurance policy this couple has in place has a clause requiring a fixed term lease at all times that the property is rented. I've been...
  4. J

    Today I became a criminal

    I've got to empathise with BuildingBlocks for his experience of trying to rent in Sydney. I've been a landlord for ten years and have recently had to become a tenant again in Melbourne after relocating back from London where I lived in my own place. The experience was less than fun and very...
  5. J

    Buying in the UK, England, London

    Check out the government's information on buying property in the UK. The explanation about leasehold property is here. Leasehold property is fine, most flats/apartments will be leasehold. Traditionally the lease was for 99 years. In the last few years it has become more common for owners...
  6. J

    Buying in the UK, England, London

    The Department of Communities and Local Government has an explanation of regulated tenancies as does the homeless charity Shelter. In short Regulated Tenancies are very controlled tenancies. The tenant is responsible for the upkeep of the inside of the property, while the landlord is...
  7. J

    Buying in the UK, England, London

    The UK is a great place to invest at the moment if you are a cash investor. London, for the most part, and the South East of England are doing okay, properties are selling and prices were back to around October 2007/March 2008 prices (although it is taking a LOT longer for stock to move in...
  8. J

    First Purchase - IP

    First time buyers must occupy the premises for a continual period of six months in order to qualify for the stamp duty exemption. You can read more here : http://www.osr.nsw.gov.au/benefits/first_home/general/fhplus/ Stamp duty, solicitor's fees, etc., qualify as "purchasing costs". While...
  9. J

    Charmhaven, NSW - Opinions

    Hi, I am new to this thread but have been undertaking some research about Charmhaven, NSW. I've read some older posts about the Central Coast of NSW (from 2008) from this site. People have some fairly strong views on the area. I was wondering what locals and investors have to say about...
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