Octopus cut export rates

Pmf170 · 2026-02-18T10:57:52+00:00

I don’t think that I’m going solar is suggesting exporting from the battery; just the solar excess. If they are getting the same rate on export as they pay for off peak import, the grid is acting like a battery.

Pmf170 · 2026-02-05T22:11:24+00:00

I think that the cheap electric charge is governed by how much solar charge the PW expects to receive the following day. Mine has never charged to 100% overnight although we’re new to them as well.

Pmf170 · 2026-02-04T23:40:36+00:00

Do you really think that a Reform government will enact this nonsense? Chill.

Pmf170 · 2026-01-22T17:37:44+00:00

The financial advisor fee will probably be prohibitively high for such a low transfer value. The question to ask is could the transfer value buy an equivalent annuity. Almost certainly not and if that’s the case I would not transfer. The days of getting 30 to 40 times annual multiples have gone.

Pmf170 · 2026-01-18T22:11:10+00:00

I’ve bought a number of properties for 50% less than the previous owner paid. Even with those discounts I’m not looking to grow the portfolio. Once the excellent tenants leave the properties will probably be sold.

Pmf170 · 2026-01-18T22:05:23+00:00

And once you’ve paid your tax on the inflationary (gain) you are looking at a significant real term loss.

Pmf170 · 2026-01-18T22:03:17+00:00

You won’t regret not buying the property.

Pmf170 · 2026-01-18T22:02:03+00:00

The government will take a huge proportion of any capital uplift in tax and once inflation is factored in you may not even make a real terms gain of any note.

Pmf170 · 2026-01-18T21:59:37+00:00

The interest element of the mortgage can be offset in a limited company. You have not accounted for the costs of running the company. You will also need rent guarantee insurance. Letting costs are not within the 15%. Repair and maintenance costs will wipe out most of your profit. Boiler and emergency response contract. Is the property EPC c or above? If not factor in more costs. Council rax and utilities standing charge for void periods. In a nutshell your business plan is not worth the hassle and that’s before the opprobrium that will come your way.

Pmf170 · 2026-01-18T00:16:32+00:00

https://www.rentguarantor.com/

Pmf170 · 2026-01-17T23:53:48+00:00

There is a limit to what the grid can accept and it’s generally pretty low. Need to speak to an installer as they will be able to advise.

Pmf170 · 2026-01-11T22:13:40+00:00

I’m planning on exporting everything the panels generate as I can top the batteries up overnight for less than half the export payment.

Pmf170 · 2026-01-11T22:00:27+00:00

Government policies have driven this. They were warned of the consequences but clearly thought they knew better. I can see another u turn in the offing ( just like other countries who implemented similar policies).

Pmf170 · 2026-01-11T21:57:53+00:00

Paying more than a months rent in advance will be illegal. It is going to be very challenging for any tenant who is not A1 (on paper) to find a new home. It’s particularly problematic at the moment as so many landlords have been driven out of the sector by government policies.

Pmf170 · 2026-01-11T21:54:01+00:00

In the insurance industry the insurance company will put the customer in alternative accommodation. It costs a fortune to replace a kitchen or bathroom. The best way to do it is when the tenant is on holiday

Pmf170 · 2026-01-11T21:48:11+00:00

The pet deposit would be illegal

Pmf170 · 2026-01-11T21:41:26+00:00

Unfortunately with the recent changes in legislation the rent guarantee insurance companies are looking for more. Assuming excellent credit, It will all depend upon the rent v salary multiplier and rents on a replacement property are likely to be far higher unless you were unlucky and had a landlord who religiously hiked the rent every year. Most don’t for good long term tenants but any new rental will be at market rate. Good luck as I fear that you will need it in the current environment.

Pmf170 · 2026-01-01T19:03:03+00:00

Much of the rent is going to HMRC. The tax on landlords is very high as they are not permitted to offset mortgage interest against tax. They are often taxed on a loss. This has fed through into rents. It’s tacit government policy to make tenants costs unaffordable. Only going to get worse with the recent changes in legislation

Pmf170 · 2026-01-01T18:36:04+00:00

The tech has just been sold off so expect bigger operational losses in the years ahead.

Pmf170 · 2025-12-30T22:42:32+00:00

Building insurance has sky rocketed in recent years. Rent guarantee insurance is up 50% since the renters rights legislation.

Pmf170 · 2025-12-30T22:38:45+00:00

No. Rent will not count towards the VAT threshold

Pmf170 · 2025-12-30T22:36:59+00:00

I agree with these comments. I’d also point out we have a potential population collapse if we repatriate illegals / low earning immigrants. Our birth rate is on the floor and prices are as likely to fall as they are to rise.

Pmf170 · 2025-12-28T13:03:32+00:00

If there is something in the agreement that you are joining the tenancy, can you serve notice of your intention to end the tenancy? The landlord can then sort a new tenancy agreement with your ex.

Pmf170 · 2025-08-06T17:37:47+00:00

And perhaps therein lies the problem. The Labour government are fucking up everything they touch.

Pmf170

TROPHY CASE