crookesey Posted March 27, 2023 Share Posted March 27, 2023 We got rid of our small portfolio of three lovely properties, because the tenants that swooned over them when they wanted to rent them at very reasonable rents, objected to paying anything when they were legally installed. Our tenants were on face value just what we were looking for, they were well educated, had professional jobs, and appeared to be decent people. We discovered after managing to get rid of them that this is how they lived their lives, the law is clearly on their side as all landlords have the ‘Rachman’ stamp on them, as far as the authorities, and many on this forum are concerned. Link to comment Share on other sites More sharing options...
Anna B Posted March 27, 2023 Share Posted March 27, 2023 (edited) 3 hours ago, crookesey said: So someone looking at life on a State Pension should not attempt to supplement this by putting their life savings into property to let out to private tenants? There is a vast difference between someone attempting to supplement their pension by renting out a property or two, and the big boys with a large portfolio of properties and wealth enough to play the system. To conflate the two just helps with divide and conquer. It's like comparing a corner shop to Amazon because they both sell things. It is the small private Landlords that struggle with all the new legislation, not the big property conglomerates, who can afford to ignore it / abuse it. Edited March 27, 2023 by Anna B Link to comment Share on other sites More sharing options...
crookesey Posted March 27, 2023 Share Posted March 27, 2023 21 minutes ago, Anna B said: There is a vast difference between someone attempting to supplement their pension by renting out a property or two, and the big boys with a large portfolio of properties and wealth enough to play the system. To conflate the two just helps with divide and conquer. It's like comparing a corner shop to Amazon because they both sell things. It is the small private Landlords that struggle with all the new legislation, not the big property conglomerates, who can afford to ignore it / abuse it. The thing is Anna, we have dipped our toes into the market, I guess that many of the objectors have been nowhere near it, hence their ‘expert’ opinions. Link to comment Share on other sites More sharing options...
Jim Hardie Posted March 27, 2023 Share Posted March 27, 2023 Mr Zwiebel is in for it tonight. Link to comment Share on other sites More sharing options...
hackey lad Posted March 27, 2023 Share Posted March 27, 2023 3 minutes ago, Jim Hardie said: Mr Zwiebel is in for it tonight. Yup . 6 grand a month for a Maisonette Link to comment Share on other sites More sharing options...
Anna B Posted March 27, 2023 Share Posted March 27, 2023 8 minutes ago, Jim Hardie said: Mr Zwiebel is in for it tonight. Good. So he should be. I hope he's suitably frightened. But... Let's see if the legal system does its job. 1 Link to comment Share on other sites More sharing options...
S35_2o21 Posted March 27, 2023 Share Posted March 27, 2023 3 hours ago, bassett one said: all the right to buy cash was supposed to go to building better council housing ,wheres the cash gone? I believe Council's were allowed to keep a certain percentage of the capital receipt. This may have been as low as 25%. The remaining funds were sent to central government. Whether the Treasury chose to spend the remaining 75% of the capital receipt on replacing the social housing which was lost, I doubt it. Link to comment Share on other sites More sharing options...
Guest Posted March 27, 2023 Share Posted March 27, 2023 (edited) 3 hours ago, crookesey said: We got rid of our small portfolio of three lovely properties, because the tenants that swooned over them when they wanted to rent them at very reasonable rents, objected to paying anything when they were legally installed. Our tenants were on face value just what we were looking for, they were well educated, had professional jobs, and appeared to be decent people. We discovered after managing to get rid of them that this is how they lived their lives, the law is clearly on their side as all landlords have the ‘Rachman’ stamp on them, as far as the authorities, and many on this forum are concerned. Thereby destroying the myth that posh people are more trustworthy than the working classes. Having said that, Boris Johnson and his cronies have already destroyed that myth, haven't they. Up the working classes! Edited March 27, 2023 by Organgrinder Link to comment Share on other sites More sharing options...
crookesey Posted March 27, 2023 Share Posted March 27, 2023 (edited) 15 minutes ago, Organgrinder said: Thereby destroying the myth that posh people are more trustworthy than the working classes. Having said that, Boris Johnson and his cronies have already destroyed that myth, haven't they. Up the working classes! Would your ‘working classes’ be the very well heeled Public Sector employees? Edited March 27, 2023 by crookesey Link to comment Share on other sites More sharing options...
Anna B Posted March 27, 2023 Share Posted March 27, 2023 1 hour ago, S35_2o21 said: I believe Council's were allowed to keep a certain percentage of the capital receipt. This may have been as low as 25%. The remaining funds were sent to central government. Whether the Treasury chose to spend the remaining 75% of the capital receipt on replacing the social housing which was lost, I doubt it. They did not. The Conservatives don't believe in social housing. Hence the rise of the Private Landlord. Link to comment Share on other sites More sharing options...
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