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  • Landlord Resources

    Just met Paul Preston aka the 'HMO Guy'

    I totally agree with you. Funny that no London borough seems to have adopted Article 4 yet (to my knowledge). Shared houses is so common there and not surprising with inceasing houseprices, rents and general increase in cost of living.

    And whilst the government introduced all of this, they created more need for shared houses by changing the entitlement for LHA claimants for under 35yrs from the "1 bedroom" to "shared accomodation". Milton Keynes' has applied Article 4 for the whole of the city, not just for areas which are "oversaturated"!

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    The RLA have an article about article 4 with all affected areas. They have to give a years notice to residents. In bristol only 5 wards are affected. Is this a step towards blanket licensing = another tax?!

    https://www.rla.org.uk/article4/article4_overview.shtml

    Francis Dolley said:

    Hi Angela.

    I do the same as Kim. We look for properties that are already (dilapidated) HMO's. Article 4 has been adopted in 5 areas in Bristol where I invest. I really don't get Article 4? There is obviously a growing need for HMO's, so the government in their wisdom start closing them down?! A much better policy would be to monitor existing HMO's and place compulsory orders on the offenders. Angela O'Connor said:

    "I've also heard that about fire extinguishers - Kim in Doncaster said they've recently been told to take them out - as the authorities want people out of the building - not inside trying to fight fires!"

    I have been told to take mine out too unless I train the students how to use them. That's in Reading.

    On a different note, all areas I invest or I am interested in, have either adopted Article 4 already or are considering it. It seems that none of your councils have done so. You would need planning permission for 3+ tenants. Is that not an issue for you?Angela

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    Thanks Francis. I have seen the article and I am having a rant about the whole issue for a little while on here in different threads eg. here

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    We're a good 10 miles from the nearest uni's - I initially thought I was going to have to look in their direction, but there seems to be plenty of demand from working singles at the moment, and there are just three tiny Article 4 areas in our borough, and they are related to pieces of green field Smile

    so as I understand it, I dont need to apply for any change of use - and I'm looking a 'standard' two storey houses for conversion so wont need to licence them either - at least until I have a 2-3 under my belt and am more confident!

    Angela O'Connor said:

    On a different note, all areas I invest or I am interested in, have either adopted Article 4 already or are considering it. It seems that none of your councils have done so. You would need planning permission for 3+ tenants. Is that not an issue for you?

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    "Article 4 areas in our borough, and they are related to pieces of green field Smile"

    https://www.planningportal.gov.uk/permiss.../planni...

    Article 4, which withdraws permitted developement rights, was normally used for conservation areas and in your case green fields, to preserve the character of an area etc.

    Anyhow, if you are that far away from a uni then it might never apply to your area. It seems ok and acceptable when young professionals live together but students is a no-no! Readingborough council for example is considering to apply it for the typical student areas (between uni and city centre) but not to the west of the city or north where the professional sharers live.

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    Fire extinguishers are there to protect the means of escape NOT to put out a fire.

    If the means of escape are OK the residents should leave the building  calling the fire brigade.

    People for years have thought that these extinguishers are to be used before the fire brigade is called.

    That is NOT the case.

    If a fire is held back for a period to enable everybody to evacuate the building then it has done it's job.

    The fire brigade are the ones that are meant to extinguish any fire.

    The standard philosophy should be Get out and Stay out and liase with the fire brigade when they arrive to advise them what has occurred.

    In the event of any fire occurrence the fire brigade should ALWAYS be called, even if it seems that a fire has been put out by an extinguisher.

    NOBODY should renter the building until the fire brigade have given the OK.

    Never concern yourself EVER about calling the fire brigade out.

    They would far rather come out to a geniune call which turns out to be nothing than for a call to be delayed and then it to develop into something.

    The adage is

    If in doubt, call them out!  Angela O'Connor said:

    "I've also heard that about fire extinguishers - Kim in Doncaster said they've recently been told to take them out - as the authorities want people out of the building - not inside trying to fight fires!"

    I have been told to take mine out too unless I train the students how to use them. That's in Reading.

    On a different note, all areas I invest or I am interested in, have either adopted Article 4 already or are considering it. It seems that none of your councils have done so. You would need planning permission for 3+ tenants. Is that not an issue for you?Angela


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    I just put together some PT stories about your "HMO Guy" Ignatious. I know that your post is 5 years old, but I found the story of the last 5 years interesting, and he features in a couple of stories which are very much of the moment..

    He was recently on the TV in this summer's TV series: "The Week The Landlords Moved In" that followed landlords as they go ‘back to the floor’ in a social experiment which allows them to review their properties, by living as one of their tenants. The series was discussed at length on PT & my personal view when watching the program was that Paul Preston was a Landlord looking to move into GRQ Training. Now with the evidence of this thread and the Progressive Property website it looks as if he has been making his money from GRQ training rather than Property all along.

    The discussion on PT about Paul Smith's departure from Progressive Property included a link to 2 Progressive Property articles about Paul Preston which shed inside knowledge that he is a trainer rather than a Landlord.

     

     

    Paul Preston Scam



    Paul Preston Property

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    A couple of things to add.  Paul calls his training entity "Property Success" but there is no company of that name that I can find and I have searched extensively.

    Despite that, his mate Andy Harrington, who also has a very shady past, awarded him "Best Property Training Company in the World 2017".



    I don't believe Paul Preston owns any properties, I believe they are R2R HMOs.

    Interestingly, Paul Preston was mentored by Susan Alexander at Simon Zutshi PIN.



    Paul Preston also tells a major sob story in this video:



    Like I said on the Paul Smith thread, it's like peeling back the layers of an onion and seeing so many layers and connections and very similar methods and modus operandi.

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    Vanessa - in the video at the 13m point he says that in 12 months he has completed on £4.6m of property. OK "Acquired". If he doesn't own those 45 properties he is being deceptive.

    ​Has a Guru ever shown their audience the Titles?

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    Hello,

    Paul is holding an event on the 8th of September and apparently he has been awarded the best property educator in the UK.

    Has the views here changed of paul preston? I was thinking of buying his vip tickets to get lunch with him and maybe potentially spend money on his 10k course

    He promised to make me financially free



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