As am American living here in the UK, I have always been dumbfounded on the mortgage market here. 2yr -5yr (rarely ever fixed) and renegotiate multiple times over the course of the loan. Too much of the UK's wealth is tied up in real estate. In the US, many have a 401k or reasonable pension to rely on for retirement. So, many have been brainwashed into thinking the only way to wealth in the UK is through property. Then, sell up and downsize for your retirement pot. Any sizeable correction in UK housing will basically cripple a generation's retirement and lead to bigger issues.
@JulietKellyy11 ай бұрын
I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!
@ThomasChai0511 ай бұрын
You're correct! With the help of an investment coach, I was able to diversify my 250K portfolio across markets and produce slightly more than 670K in net profit from high dividend yield equities, ETFs, and bonds.
@mariaguerrero0811 ай бұрын
@@ThomasChai05 Would you mind providing details on the advisor who helped you?
@ThomasChai0511 ай бұрын
CAMILLE ALICIA GARCIA can be found online; a straightforward search for her name will lead you to her online presence.
@Madison-Huff11 ай бұрын
I located her, sent her an email, and scheduled a call; hopefully, she will reply because I want to start the new year off financially strong.
@YFolermira11 ай бұрын
Predicting the housing market in 2023 is challenging because it remains uncertain how swiftly and to what extent the Federal Reserve can reduce cost surge and borrowing costs without negatively impacting buyer demand for various assets, including homes and automobiles.
@AlexanderDanielley11 ай бұрын
Can you suggest the investment coach you've been using? It appears you've had success with their guidance.
@GillerHeston Жыл бұрын
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people at least in California, where I currently reside are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
@eloign7147 Жыл бұрын
It’s getting wild by the day. The prices of homes are quite ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%). Sometimes i wonder if to just invest my spare cash into the stock market and wait for a housing crash or just go ahead to buy a home anyways.
@rogerwheelers4322 Жыл бұрын
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@joshbarney114 Жыл бұрын
Personally, I can connect to that. When I began working with a fiduciary financial counsellor, my advantages were certain. I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2021 this time with guidance Long story short, its been 2years now and I’ve gained over a million dollars following guidance from my investment adviser.
@FabioOdelega876 Жыл бұрын
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
@joshbarney114 Жыл бұрын
I definitely share your sentiment about these firms. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with “Colleen Janie Towe”, and she's is widely recognized for her proficiency and expertise in the financial market. With a comprehensive knowledge of portfolio diversification, she is acknowledged as an authority in this field. Most likely, her deets can be found on the net, so you can confirm yourself.
@shaaddhillon3819 Жыл бұрын
The main aim seems to be to push small decent landlords out of the market and bring large corporations in- possibly the ones who pay the tory party
@tanja8907 Жыл бұрын
Blackrock
@FDCAFOK Жыл бұрын
Yep because we won't be allowed anything, including our own business.
@LickorishAllsorts Жыл бұрын
Possibly?
@loodavis4572 Жыл бұрын
EXACTLY !!! Private independent landlords out - big corporation black horse type companies own all .. An absolute disgrace, remember they are only passing these through because it benefits the snakes who attend parliament and nobody else What should be discussed and made as law is to remove ALL ground rent in all leasehold properties instead of just new leasehold where millions are stuck in ground rent / service charge hell, unable to sell their properties, unmortgageable so with that comes the lack of property value increase. I appreciate tenants should be protected from scrupulous landlords but we have all been thrown into this one pot !!
@agoof1778 Жыл бұрын
Yep - Blackrock et al already heavily into this in the US and all part of the 'Great Reset' plan...
@tonysilke11 ай бұрын
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
@hankmarks6911 ай бұрын
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
@PatrickLloyd-11 ай бұрын
You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@Nernst9611 ай бұрын
@@PatrickLloyd- Do you mind sharing info on the adviser who assisted you?
@PatrickLloyd-11 ай бұрын
“Vivian Carol Gioia” is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
@Nernst9611 ай бұрын
@@PatrickLloyd- Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2024 on a woodnote financially.
@PB111627 Жыл бұрын
In Ireland the landlords have fled the market and now the tenants are totally screwed. Go figure!
@jgdooley2003 Жыл бұрын
In Ireland there are rent pressure zones where it is illegal to increase rents beyond a certain low limit. In times of high inflation the limit is capped at 2% per annum. Exactly the opposite to what should be happening. Older rentals are trapped in low rents while new rentals can attract 40 to 50% more even in the same estate. Luckily the Irish selling market does not depend as much on rental incomes applicalble to a particular property but this is not the case in the UK or with commercial property where rental income has a larger bearing on the price that can be achieved for a property. The large scale REITS are now leaving units vacant in order to clear the 2 year term from which rents can be charged without limit and without reference to past rents, hence avoiding the 2% cap. Scenes where 100's of prospective tenants are queueing outside units to be let are now common as is the number of people in emergency accommodation. This is the result of years of governments not building local authority housing in any great numbers and an increasingly hostile attitude demonising landlords encouraged by government and opposition politicians and some commentators. Another factor is the increasing precariousness of many sectors of employment where small scale landlords once existed. These jobs and these landlords have died out or have cashed in on their investments and are not being replaced by a youngerr cohort of new landlords.
@ZioMatrix00111 ай бұрын
I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
@VilmaCanete-ty4jg11 ай бұрын
The first step to wealth creation, is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.
@JaxonParker92311 ай бұрын
That is why I work with Evelyn Infurna, who introduced me to a better financial community, a validated organization where I learned how investing works and how to invest proficiently, as well as free books, courses, and daily lectures. You also get to meet new people, which was the best decision I ever made..
@ZioMatrix00111 ай бұрын
Yeah. 'Evelyn Infurna' is my advsor; I was introduced to her by my partner. She has her contact information, but you could look into her background and get in touch with her directly. She is well-known and grounded, so it shouldn't be difficult to locate her page.
@ZioMatrix00111 ай бұрын
Run a quick online research with her name.
@ZioMatrix00111 ай бұрын
Evelyn Infurna
@MIchaelGuzman737 Жыл бұрын
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways.
@greekbarrios Жыл бұрын
Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.
@sommersalt88 Жыл бұрын
Such market uncertainties are the reason why I don't base my market judgments and decisions on hearsay and rumors, I got the best of myself in 2020 and it made me hold a worthless position in the market, I had to revamp my entire portfolio with the help of an advisor, before i started to see significant results in my portfolio, i have been using the same advisor and i have climbed $850k in 2 years, either a bull or bear market, both make good profits, it all depends on where you are looking.
@Americanpatriot723 Жыл бұрын
@@sommersalt88 True, we’re only just an information away from amassing wealth, I know alot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
@sommersalt88 Жыл бұрын
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "JILL MARIE CARROLL" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
@Americanpatriot723 Жыл бұрын
@@sommersalt88 I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes. Thanks
@stone33 Жыл бұрын
We need to read between lines as when they push bills so quickly something smells not right.
@user-pf5xq3lq8i Жыл бұрын
2008 bank grabbing houses again? Their balance sheets are terrible? They might try it..
@bontempo1271 Жыл бұрын
There are so many signs across so many sectors, there are organisations literally announcing their agendas, influeing politicians, and people still called WEF lead Globalism a conspiracy.
@aussiegirl7145 Жыл бұрын
@@user-pf5xq3lq8i Bail-ins I think you are correct. Australia snuck in bail in legislation 2 years ago.
@spencermakote7436 Жыл бұрын
It's been a part of the Conservative party election manifesto since 2019....so you're wrong mate.
@clionamoore8365 Жыл бұрын
It’s a copy and paste of the legislation introduced in the Republic of Ireland. It’s destroying small landlords.
@nikkion2140 Жыл бұрын
Yes, totally agreed. Rents in Dublin are crazy, people could not find any where to rent! The rent cap was suicidal. Sady, tenants were deluded to believe any legislations are good for them.
@anthhub Жыл бұрын
Where did they get it from? This hasn’t appear out of nowhere.
@leecourt8509 Жыл бұрын
The objective is to push out private landlords so big companies like Blackrock can take over. "You will own nothing and be happy...."
@PB111627 Жыл бұрын
And it’s destroyed tenants more than landlords who just sell up and enjoy their lives leaving tenants standing in line to try and rent a box room.
@clionamoore8365 Жыл бұрын
@@anthhub where do you think? Ireland has become the test bed for one piece of restrictive legislation after another. If you want a crystal ball , look to Ireland and you’ll see the very same laws coming to a country near you soon.
@laviniasey Жыл бұрын
We bought a buy to let to top up our pension, cost us £16000 extra in stamp duty, got tenents in that pay when they feel like it. So have decided its not worth the stress, so are selling up and its costing another £10 000 in capital gains. Really not worth the effort .would never do it again . Many landlords feel the same . If i dont pay the mortgage i get house repossessed, if they dont pay rent its , oh poor dears just stay where you are and let the landlord lose his house. Sick
@briansmith7256 Жыл бұрын
It's very sad. It's almost as if there is a moral to these stories?
@gillps5130 Жыл бұрын
@@briansmith7256 There is. People who have worked hard and saved for retirement, however they choose to invest that money to tide them through their non working years, get kicked in the teeth by socialist interference more often than not.
@michelleross2680 Жыл бұрын
Look into securitisation fraud. All mortgages are securitised (sold) unknown to us upon conversion of the original mortgage agreement into a security. There is no loan, never was. We entered unknowingly into a securities transaction and are not the 'borrower' of a 'loan' The bank gives up all rights to a mortgage upon securitisation. Ask for proof of an outstanding loan account receivable, ask outright has the mortgage been securitised, ask for the original mortgage agreement (they don't have it). Ask what they have done under the undisclosed Power of Attorney clause within the Standard Mortgage Conditions (they have sold it multiple times). My mortgage has been sold 8 times totalling over £609,000 on a £70000ish mortgage. Challenge it
@jonathanjonathan7386 Жыл бұрын
the uk has become an utterly sick, degenerate, entitled place in the last twenty years or so.
@emmajones85908 ай бұрын
You'd have been better investing it in the stock market. That's going up like a rocket at the moment. Or taking financial advice and putting it into some solid investment funds, with a lower return. No chance of bad tenants then.
@RustyOrange71 Жыл бұрын
This has been on the cards for a long time and has WEF origins. 'You will own nothing and you will be happy.' Energy saving legislation will make private home ownership almost impossible. Banks buyouts follow and theyl become the landlords. That's the plan.
@bobbyrayofthefamilysmith24 Жыл бұрын
Exactly. Then once they control ALL property they will dictate who can live where to make each town/street/area "diverse" so don't be surprised when people are kicked out or forced to moved 100s of miles away from family because "too many of your type" live in your area.
@lornaprince8123 Жыл бұрын
Isn't this already happening in pockets of the UK?
@gmc9451 Жыл бұрын
No way will this be tolerated by home-owners here in the UK. There will be uproar, not least from the middle-classes.
@lat1419 Жыл бұрын
@@lornaprince8123yes in Wales
@psy-op Жыл бұрын
@bogie'strenchcoat Yeah but what will the middle class do about it?
@barryon8706 Жыл бұрын
My prediction: In two years' time the headlines will mention a lack of rental properties available.
@orade_crypto Жыл бұрын
Making money is an action. Keeping money is a behaviour, but "Growing money is wisdom" I heard this from someone ☺️
@austinevans5141 Жыл бұрын
I heard a lot of investing with Mrs Georgette Laura and how good she is, please how safe are the profit?
@advayadvaith2841 Жыл бұрын
Telegram
@swingtradebrain6730 Жыл бұрын
Wow, i've seen a lot of recommendation about Georgette Laura, is she really that good.
@anup1246 Жыл бұрын
@@swingtradebrain6730 Yes, Georgette is the best. She is the only one I can leave my investment with and think less about it, he is my money maker. I just received $13,000 of my investment last month. I am very happy because he is leading me to financial freedom.
@aceofspades5786 Жыл бұрын
50% increase in home repossessions, 28% increase in buy to let repossessions and more buy to lets in arrears, reported today on guardian.
@mikeroyce8926 Жыл бұрын
It sounds like the Bank of England's policy is working then, apart from bring down core inflation that is. Incidentally, I bet banks can evict tenants if the landlord doesn't pay the mortgage because ALL LAWS MUST FAVOUR BANKS.
@MickeyMouse-ul2zs Жыл бұрын
Ah, if it's reported in The Guardian then it'll be bullshit.
@user-pf5xq3lq8i Жыл бұрын
Remember 2008 when the banks snatched houses quickly? Similar?
@michelleross2680 Жыл бұрын
@@TONE11111 yes, securitised which extinguishes any 'mortgage' or the 'lender' banks rights to claim any REpayments. We are the creditor of the financial security instrument not the borrower of a non existent loan
@bridgeovertroubledwater6716 Жыл бұрын
i think the government should keep its nose out of other peoples business. A contract between two people, with reasonable terms and conditions for both sides etc should be, and is, enough. interference causes more problems than it solves and ultimately leads to less properties for rent, and therefore higher cost and struggling people lose out again.
@gmc9451 Жыл бұрын
This is not a Government decision. They are no longer functioning as a Government. They are totally controlled and following orders from the WEF.
@stevem-h3562 Жыл бұрын
yeah good luck with that. That ship sailed thirty years ago, if not before.
@CROSSNSHOOT Жыл бұрын
There are too many socialist parasites in this country and even the Tories know this
@spencermakote7436 Жыл бұрын
A great idea! Because complete lack of oversight, insufficient regulation and local authority Private Sector Housing Team's who are completely rubbish coupled with being understaffed and unwilling to take even truly awful Landlords to court due to the expense, has worked up to now hasn't it? However as a tenant you can always utilise the Fitness For Human Habitation legislation and spend thousands of pounds of legal fee's for private prosecution though can't you? Due to legal aid being completely non existent. It's a total shit show and you know it.
@steamboatwillie7344 Жыл бұрын
The only people to loose out on this will be the tenants. Despite being blessed with lovely ones, I'm selling off my lettings and going to invest in something else where my hands aren't tied behind my back, and expose me to picking up the cost. There will be a glut of houses available shortly.....is this a part of the government plans...more available property for first time buyers?
@jaydog1571 Жыл бұрын
I’m a landlord with a portfolio of 25 properties which are a mixture of student and professional let’s . First the was the loss of the tax relief on mortgage interest which means your paying tax on your expenses, then the increasing amount of legislation and licensing from central and local government then the increase of interest rates from Bank of England and now this Renters reform bill !! I’m done ! And in the process of devising an exit plan from the property market in the next 2-3 years . This government are unable to see the woods for the trees and have created this housing crisis and if you think it’s bad now wait for 2/3 years when 40/50 percent of private landlords have left the market and rents have increased by 20/30 percent . There’s a lot of negative rhetoric against private landlords but most of them are helping with this chronic shortage of properties caused by the government. The profits are nowhere near what people think they are .
@jonathanjonathan7386 Жыл бұрын
@Donald Duck 2000 haha, he most certainly will be missed, renters sobbing in desperation on the streets will be the new normal
@jgdooley2003 Жыл бұрын
@@DonaldDuck2000-rm6co He will be missed. In Ireland 3rd level students are now having to commute each way 2 hours from remote rural locations because there are little or no rentals available near the colleges. Many sectors such as nursing, teaching and police etc are finding it hard to recruit new entrants to their sectors and many private firms are delaying investments due to a shortage of rental accommodation available for the new workers. Ireland has long had a history of villifying landlords and demonising those who have provided accommodation for rent in the past. There has been decades of neglect in providing social housing and the vacuum created by this neglect has been filled by private landlords, often at great cost to government and charity agencies when the monies spent could have been used to build publically owned and rented housing units. Such sentments as villifying and demonising landlords may work as a vote getting exercise by unscupulous politicians but offer liitle in a practical way towards solving the housing crisis which is now affecting most if not all job-rich regions on the planet. Ireland used to have a job crisis but now this has been replaced by a housing crisis as the huge increase in house-hunting jobholders is putting a huge strain on housing supply and rents.
@plazoo Жыл бұрын
Have you thought about buying property in say a different country with less taxes and easier rules for landlords?
@katemoore8640 Жыл бұрын
The Governments war on landlords has caused so many to exit the sector that the remaining ones can afford to choose only the best tenants from dozens of applicants. In many instances only those tenants with high paying jobs, glowing references and home owning guarantors stand a chance of getting a property. This bill is only going to make the problem worse.
@wendyjones3953 Жыл бұрын
No matter how good the reference and background check, the tenant can change completely on meeting a new partner or friend and that person may just move in or just visit often and misbehave, cause a nuisance or/and damage the property. Sometimes life may change for the worse and maybe the tenant may take their frustration out on your property. I have been a good landlord for 10 years but with new rule changes I have decided no more and am moving back in. I had been looking after a relative but no will reclaim my home. So, unfortunately, another really good rental property is off the market. Such a shame
@matchmade44 Жыл бұрын
*Will* LLs be able to pick what they perceive as the best tenants though? The new law reportedly makes it illegal to have a blanket ban on benefit claimants, tenants with pets, people with children etc. What if I get an applicant with a good income, references, guarantors etc and other applicants with children, pets etc. If I turn the latter down and they get bolshie, can they now bring a court case against me for discrimination?
@abdulalimomar6116 Жыл бұрын
Similar to creating loopholes.
@georgeparker7838 Жыл бұрын
Of course. I have a property. I choose the very best tenant making sure they can afford to pay the rent. Wouldn't you?
@katemoore8640 Жыл бұрын
@@georgeparker7838 I’m a landlady and yes of course - this is exactly what I do!
@maid_in_cornwall Жыл бұрын
I’m sure these changes will be hugely beneficial to SERCO and their plan to devour private rentals …. Think out who’ll be in these homes if SERCO will be filling them….
@gettogo0159 Жыл бұрын
@Pауtоn Sаmuеls >>> Well if you had bought the car & the ticket are before you bought it they are void but as certain states are bad crazy liberal/broke/spending money they haven't got cough cough Democrat ran areas!!!! You have question it all..... if they ain't yours a purchase contract will cure any unwanted tickets.
@nicholastyrrell Жыл бұрын
Rents are skyrocketing due to Central Bank base rate increases. This parliamentary act will just add more costs and push rents even higher!
@user-pf5xq3lq8i Жыл бұрын
It's to distract from the government who caused the inflation. They can blame landlords, oil companies , supermarkets etc. In reality the government and the banks caused this. 2008 all over again.
@chaselee86 Жыл бұрын
They are creating the crisis and then pretend to be saviour.
@MrEdrftgyuji Жыл бұрын
Plus the tax increase, designed to only affect small time landlords with a job.
@billytheripper4 Жыл бұрын
Frustrating, they are trying to kerb inflation and landlords just pass it on to the average worker to pay, then that average worker will ask for a pay rise and round and round it goes. Makes me think big companies owning all the rentals would at least be subject to more regulation and have their image to worry about... For example the supermarkets are recently getting stick for greedflation, they are big enough that it's convenient to tackle them
@A.Rose.G Жыл бұрын
Do landlords actually evict good tenants? Not likely very often in my experience.
@revorocks123 Жыл бұрын
According to people who rent, yes, landlords hate good paying tenants and will evict them for no reason. Baffling.
@A.Rose.G Жыл бұрын
@@revorocks123 There is always a reason. Want someone they know in but that is fairly rare, or change of use or selling are the only reason out of the tenants control. Pay the higher rent request is still in the tenants control, but could be a possibly unreasonable hike. Otherwise, look to poor tenant behavior of some type for the reason.
@steve00alt70 Жыл бұрын
A tenant with a better salary that wants in so the landlord increases the rent for the old tenant so they can earn more money.
@A.Rose.G Жыл бұрын
@@steve00alt70A raise in rent option will usually be first if they are a good, known tenant. You cannot trust the other person will be a good tenant or reliable just based on a current salary. If a tenant cannot afford they need to end the lease and move on. Eviction follows when the tenant does not pay but stays on. The good tenants need to figure out extra income or cut expenses or do a barter. Communicate nicely. The bad ones will just stop paying. Even their original rent. Expenses are up quite a bit. Rents need to at least make them. It is often a lot of stressful work to maintain a rental business. The owner needs a salary for that which is called profit and taxed. Most smaller mom and pops lately are probably just breaking even, though equity is growing in the property hopefully.
@MrEdrftgyuji Жыл бұрын
In the recent past, this happened. As letting agents could (and did) churn through good payers in order to keep collecting the £1000+ in "referencing fees" for a new tenant.
@megafootyclips9457 Жыл бұрын
The sector is being taken from small landlords and given to big ones. This began with Cameron and Osborne. Wealthy trustifarians and banksters are rubbing their hands with glee at the prospect of inflation-proof investment vehicles.
@sarahblack2171 Жыл бұрын
Exactly right - follow the money - Cameron, Clegg & Osborne got started on this war against private landlords back in 2012 when ‘increasing institutional investment in the PRS to fund large-scale, professionally managed developments’ was the coalition government’s stated aim.
@chriswatkin5476 Жыл бұрын
It's often very difficult to prove non payment of rent or anti social behaviour, that's why l use section 21, my beautiful house will remain empty now.
@doug2279 Жыл бұрын
Not a major issue really. The big thing killing the rental sector is a) slow court system for evictions and no way to get rent back 2) cap gains on residential being 28% 3) ever increasing regulations on rentals that often such as with EPCs in cheaper areas cannot be recouped through rents
@searklarak Жыл бұрын
Rents will only shoot up further for private rentals because of the forced upon additional admin/paperwork involved. It's not about good, complying and law-abiding landlords with nothing to hide just going along with it. It's the extra time, work and hassle involved and that means some will exit the market. This just worsens the situation for renters as our current supply of homes continues to dwindle and worsen. I agree there are some nasty and greedy landlords out there that should not be excessively hiking up rents above market rates or abusing no-fault evictions unreasonably if the tenant hasn't done anything wrong but problematic tenants also exist - we've all heard stories about nightmare tenants breaking things and not looking after the place.
@arthurgiannakis2156 Жыл бұрын
The owners wont be paying the added associated costs, tenants will be. It will just be reflected within increased rental cost before this becomes law because everyone will know this is coming. It's your tenants associations that lobbied for those pro tenant changes that trigger additional costs to the owner, but it will be tenants who will end up footing the bill.
@paulmessenger9836 Жыл бұрын
Shit always rolls down hill
@g1fcg Жыл бұрын
We were forced into private renting because of tragic circumstances - in the last 9 years we've had to move 11 times through no fault of our own, (one place we were there for 3 1/2 years!) 4 section 21's - 2 this this year. The place we are now 'evicted' from was not fit to live in from the beginning! There needs to be a level of standard condition that a place should be in. Every place we have had to move into has been absolutely filthy, so every time there's a major clean up job! This is tiring, stressful, emotionally draining! is making us ill. And we're pensioners
@hayjay1130 Жыл бұрын
So sorry to hear this ❤ Hopefully the property your in you can stay for longer 🙏🏽
@Luki-jz6gm Жыл бұрын
Dorry to hear, have no words for this 😡 I hope things get better
@ededdynova Жыл бұрын
Landlords are selling btl ue to all the reasons renters have all the rights and landlord’s none it took me 2years to get scum renters out of my house amd now after £14k in repairs its now up for sale not worth being a landlord and now there will be even less rental stock once again
@seamusburke9101 Жыл бұрын
@@ededdynova that's the very reason I sold my rental property, I was lucky in that it was in a good spot and I got a good price for it. It's definitely a load off my mind.
@carlrutherford8456 Жыл бұрын
This happens all the time Lee and your story is very common, most properties are not to standard and their is no security for renters to build a stable life / home. Most of the time decent tenants have to clean up their homes, the general news narrative shows little light on your side of the story and the real issues for people looking to build a home. The other side for landlords / bad tenants is well known, however the old system of renting for life, making a house a home would sor a lot of issues out if they were done with affordable living costs in the real world.
@simonquy896 Жыл бұрын
This definitely changes the risk / Reward assessment. I will certainly scrutinise every potential tenant more vigorously - although always had good tenants and am a good landlord for my 1 flat - ultimately more landlords will sell up as the hassle and stress levels will increase unless you are wealthy and are just look at capital appreciation. Bad tenants and long court cases could bankrupt you if not.
@user-pf5xq3lq8i Жыл бұрын
BlackRock will take all the mom and pop landlords. Then give the houses to boat people paid by the government. Anti social complaints will be brushed off by BlackRocks lawyers.
@FlyingFun. Жыл бұрын
I exited in 2019 as it was just getting too risky back then, since then prices went up a lot so missed out but not looking to get back in. I was a good landlord and pandered to every need of my tenants but still got shafted by tenants and agents and tradesmen, tax man was obviously lining up next .. Only landlords left will be the big uncaring ones and they will charge the earth. Trouble ahead.
@Rocco27274 Жыл бұрын
I've been issued a section 21, my landlord given me eight weeks to vacate his property, never missed my rent in ten years he wants to sell the house 😢
@chazprouk8 ай бұрын
So?
@richardmtl Жыл бұрын
In Montreal, if a landlord wants to evict you to have a family member move in, they need to give 6 months notice and a monetary compensation. Rent increases can't be more than 3% a year if the tenant is paying their own heating bill.
@sirrodneyffing1 Жыл бұрын
Canada is a left wing mess, no surprise there.
@user-pf5xq3lq8i Жыл бұрын
That sounds like a good system.
@sirrodneyffing1 Жыл бұрын
@@user-pf5xq3lq8i Yes for property owners. From what I understand rents are even more expensive in Canada than the UK.
@marcusmoonstein242 Жыл бұрын
I bet there's plenty of rental properties available for tenants to choose from. Must be so easy to find a place to rent. No? Maybe laws that penalize landlords make people not want to be landlords?
@martinemjt Жыл бұрын
that s not true, the increase depends on many things. as for the 6 months i don t know.
@user-zz9gn2dc3l Жыл бұрын
Expect Black Rock to clear up here!
@CROSSNSHOOT Жыл бұрын
And idiotic Socialists will be clapping
@peternorman2563 Жыл бұрын
Well after being a landlord for nearly 50 years I can assure everyone that nothing will change ! The demand will drive the rented system as usual so don't hold your breath. Landlords will not be paying anything extra, because the tenant is always at the end of the chain.
@spana123321 Жыл бұрын
The renter is always the one that gets shot upon.
@flowerpower7389 Жыл бұрын
Yes we can never get a long term home because of it.
@LouLou10000 Жыл бұрын
Rent increases once per year , landlords can put the rent up but every area has average rent, any landlord trying to over charge will find his house empty for long periods unless there’s a total shortage
@joemaguire5575 Жыл бұрын
@@flowerpower7389 if you want a long term home buy your own do not expect the lazy gov Mob to help you because they will not they will make it harder for you..wake up and smell the coffee
@joemaguire5575 Жыл бұрын
@Boxing Truth wow here is one smart hound who tells it as it is
@forrestorange Жыл бұрын
I don't know, I've been a renter and a landlord and in my experience I've only ever been royally screwed as a landlord, losing a lot of money in the process. As a renter, the worst thing that happened to me was a failed attempt at a rent increase and my deposit being rightfully withheld. So I don't understand the reason for this new bill, seems like it's yet another way for the government to take your money to pay for its incompetence and screw-ups.
@juliaevans9521 Жыл бұрын
I can understand this new system for NEW tenancies. But for a long term tenant having the relative security of a 6 month term removed will be un-nerving.
@juliaevans9521 Жыл бұрын
@@peterdavid1156 I can't see the connection between your reply and my comment.
@SkotiM Жыл бұрын
I think the upcoming problem with being a landlord is the government planning to bring in mandatory upgrades to energy efficiency, but only requiring private landlords to adhere to the mandate.
@user-pf5xq3lq8i Жыл бұрын
That is very obviously a targeted attack.
@jackiegeritz5345 Жыл бұрын
I believe home owners have to do it too.
@SkotiM Жыл бұрын
@@jackiegeritz5345 not seen that in the press but it would make more sense if that was the case.
@jackiegeritz5345 Жыл бұрын
@@SkotiM Ursula von der Leyen has explained it. It is her brainchild. The EU spokesperson and the same vile creature who has already authorised the use of bugs in EU flour, pasta and bread.
@joemaguire5575 Жыл бұрын
@@jackiegeritz5345 nope the politicians would lose too many votes hence its only the `scumbag rogue` landlords that have to comply..hell I am a nice private property owner that agrees to rent my own property at an affordable rent to consenting tenants so what has it got to do with any interfering Gov Mob
@sodtherod Жыл бұрын
The long term objective is to do away with private ownership
@user-pf5xq3lq8i Жыл бұрын
Not exactly, the corporate-government entities will take out the mom and pop landlords. Same thing going in in farming, ask the Dutch or Americans!
@paulmessenger9836 Жыл бұрын
Good luck in own my properties out right
@Bevsmith6548 Жыл бұрын
We will own nothing and be happy.
@stevenhodgson834 Жыл бұрын
@@Bevsmith6548Will you? Well, that's _your_ choice. I'll give it a miss, thanks.
@billytheripper4 Жыл бұрын
@@stevenhodgson834 you will own nothing and you will be happy comrade
@jamesharrison6569 Жыл бұрын
A perfect storm is brewing in the United Kingdom. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, sales drop, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about £300k which has been sitting duck since forever with zero to no gains.
@serenasmith2859 Жыл бұрын
Me too. I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it. Money is hard to come by
@monerharris9430 Жыл бұрын
The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a portfolio-coach seeing that their entire skill set is based on going long and short at the same time, they employ a profit-driven strategy based on individual risk tolerance...
@billytheripper4 Жыл бұрын
Fingers crossed but who knows might drag on for a few more years 🙄
@johndavies4644 Жыл бұрын
Ahh a replaced populous that will work for £9 a day. That's the end goal.. issue with the uk is the goverment has been hijacked by billionaires and bankers.. the goverment itself its on its knees eyeballed into debt for contracts to billionare owned company's. Just get rid of the rights our fathers fought for! And the destruction of unions and everything else.. retirement? The long goal is, You ain't retiring..ever.. constant mortages and printing off fake money means 300k will get you a loaf of bread one day..
@goych7 ай бұрын
Your primary concern should have always been what the flying fuck is this life business about?
@freakydayz7211 Жыл бұрын
Homes should not be a business. Family's are falling apart kids don't have their own bedrooms and grow up adults are renting rooms it's crazy. Nobody should be making money from homes.
@project-95 Жыл бұрын
💯Agree. Government has failed the people. System needs a complete overhaul so we all have security
@Daisy-tl2lh Жыл бұрын
The majority of landlords want good paying tenants who respect the landlords property and just as importantly respect the landlord and their agents. Landlords and agents will just raise the bar and make it difficult for any renter to get their foot over the threshold ... renters should be careful what they wish for as landlords exit the market and supply decreases ...
@DavidBennell Жыл бұрын
yes because once a landlord exists the market the house just *blink* disapears form existance and nobody can live there anymore....
@hudson7354 Жыл бұрын
@@DavidBennellnot a tenant because they generally can’t afford or want to buy a house. I have two empty houses, locked up and clean I don’t want any filthy tenants ruining my houses any more. The value will rise without a so called monthly rent
@spana123321 Жыл бұрын
@@DavidBennell U.K. it’s HMO and they get paid by the government, sorry the taxpayer and we have no say.
@spana123321 Жыл бұрын
@@hudson7354 Are you near Solihull?
@flowerpower7389 Жыл бұрын
Renters are always going to loose. It's unfair to say they cant afford to buy. Most have been paying your mortgage for years and have very little left to save for a deposit for a home. If a lender took this into account we would all be home owners. Dont judge renters until you have been one. Pride comes before a fall.
@kevinu.k.7042 Жыл бұрын
A very good vlog - thanks. A landlord database adjoined to the landlord licensing would make sense with the option to ban landlords for being unsuitable, or unfit would be superb. So too would a rents officer for the setting of fair rents if there is disagreement. We used to have those back in the 70's. I speak as a landlord, but also as someone whose job entailed visit's to vulnerable people at home and too often find that their rented property was unfit for habitation. Pets are a difficult one... three large noisy dogs in a small flat?
@emmajones1183 Жыл бұрын
Everyone deserves a home irrespective of what pets they have, my biggest issue I have with landlords is their anti pet stance...yet you could have a single guy who works night shifts and have the small minded neighbours complain as hes coming home late and watching tv in the middle of the night or using his washing machine or inviting a friend over late at night....ultimately neighbours need to be more accepting of their neighbours and landlords not so discriminative about pets...some of the best tenants can be pet owners and this whole judging those with pets nonsense is just a joke I own a nice 3 bed house in a upmarket area, but when ive thought about moving to London the amount of discrimination i get just because i have 2 cats is crazy...yet my house isd cleaner than most non pet owners, i have a top of the range dyson, vax smartplus carpet cleaner and clean daily...not because of pets, but i always cleaned daily, i like a clean house...whereas i know several friends without pets whos houses arent even anywhere near as clean as mine....so personally landlords i find need to wake up and get in the real world and stop discriminating against people with pets...as most home owners have pets so why cant they rent
@kevinu.k.7042 Жыл бұрын
@@emmajones1183 You make good points. Perhaps we need to rely on clauses in the tenancy agreements of not being a nuisance to neighbours, or anti social behaviour. Again, I am thinking more about flats. Though my main concerns are with the dreadful state of some properties rented out by rogue landlords and gross overcrowding. Landlords need policing and rents must be controlled.
@jgdooley2003 Жыл бұрын
@@emmajones1183 I have personally seen a rental house destroyed by dogs which were left alone all day and they basically ripped the soft furnishings apart and caused a lot of noise.God knows what the landlord did to rectify the situation. On an anuual basis all the beds, matresses and soft furinishings had to be carted outside for removal to a dump and they were unfit for use after only one year due to careless pet owners. In the past year landlords have started charging extra for pets and insisting on larger deposits and more frequent inspections of rentals to detect pets not disclosed by the tenants..
@kevinu.k.7042 Жыл бұрын
@@peterdavid1156 That's an interesting idea. Though who will place the tenants names on the list? We cannot effectively condemn people on the evidence of a potentially rogue landlord. The landlord lists are administered by the local council and there evidenced reports and at times criminal actions. I would disagree about the more importantly part of your post. As someone who's employment involved going to peoples homes over many years I have been shocked at the conditions some folk were living in. Some places were so foul I had to fight down wanting to vomit. I speak as a landlord too by the way.
@kevinu.k.7042 Жыл бұрын
@@peterdavid1156 I don't want to go into fine detail on this. Such legislation needs a depth of consideration I am unable to make. Non payment of rent? Some considerations. Why were the tenants not paying? Is the first question. And, were they paying in cash without receipts and the landlord stated non payment as a means for eviction? Establishing these sorts of lists takes a great deal of thought and there must be safeguards and appeal processes. I am not against the idea, especially when it comes to cases like some of the ones I have delt with as a manager of a small housing co-op. The tenant who was organising burglary of the other flats? The tenant who made the other tenants lives hell with loud all night parties and then threatened the other tenants at knife point for complaining. These things can be difficult to prove sometimes. Be well.
@simoncook1325 Жыл бұрын
I rented my property for 23 years Just sold up Best thing I ever did Completed last week
@simoncook1325 Жыл бұрын
@Donald Duck 2000 yes
@Pcaddictt Жыл бұрын
@DonaldDuck2000-rm6co so basically got his investment paid for then sold up and left someone who had made it their home look for somewhere to start again
@Cornz38 Жыл бұрын
And what happens if the tennant has children because, at the moment, social services will do anything and everything to prevent eviction. My landlady had this problem with a smack head living in a rented property, she could not get her out despite rent arrears and egregious damage to the property.
@willboa5365 Жыл бұрын
this is the problem ... and why landlords are selling up ...
@MrEdrftgyuji Жыл бұрын
Call social services and say the mother is not fit to look after children.
@nrw34260 Жыл бұрын
As soon as I can, I will be getting rid of my tenant and selling my property. I had enough now..
@hearmenow909 Жыл бұрын
LOL! You're the type of landlord people should avoid.
@ParasocialCatgirl Жыл бұрын
Sell it to the tenant. Solves both problems at once.
@goych7 ай бұрын
Bye bye
@nrw342607 ай бұрын
@@goych bye, now earning more from the interest on the money from my sale than I was earning inrent, with no problems from the tenants like boiler breakdowns, cookers that need replacing, insurance, annual gas inspections, late rent etc. Peace of mind at last.
@crisb3631 Жыл бұрын
Got rid of my 5 bed property because to much government interference never put rent up for 5 years all tenants were devastated thanks to government not understanding rental market
@goych7 ай бұрын
Nope, not governments fault, this is on you
@SandrineAnterrion Жыл бұрын
I had a very rotten landlord, failing to fix heating, toilets, infestation issues, etc... Happy to hear this. Thanks.
@thegurch7313 Жыл бұрын
So we all have to be punished because of the one rotten one? I look after all my tenants and bring them Christmas presents, give them lifts, make appointments etc....yet I am classed as a nasty person because I am a landlord.
@thegurch7313 Жыл бұрын
I, unfortunately, have had a couple of tenants that destroyed my properties, stolen fixings , used the garden as dumping grounds, caused disruptions to the neighbours and left such a disgusting mess that I've had to redo the properties from top to bottom. it has been heartbreaking as I work hard for what I have...YET I don't class all tenants are bad people and wish them to be punished for the action of a few people. My concern is this action will make rental properties harder to find and push up rents.
@whome5810 Жыл бұрын
Everybody needs to STOP using the term "no fault eviction", there is no such thing! If a tenant agrees to rent a property for a fixed period of say a year, when that year ends, and if the landlord then wants THEIR property back, the tenant is NOT being evicted! They are leaving because the tenancy has run it's course!! Eviction implies that the tenant is being unexpectedly thrown out on their ear, when in reality this is NOT the case! The language being used to describe the legitimate end of a tenancy is being completely twisted in order to unnecessarily bash landlords!
@DavidBennell Жыл бұрын
its eviction, stop trying to sugar coat it... like the tenant only needed that one year renting??? its like if to fix your morgage you where forced to move to a new house each time.... your two year fixed is up, now move into a new house and carry on with a new 1 year fixed??? People need houses for decades! not 1 year fixed terms
@DavidBennell Жыл бұрын
moving house is just as much of a pain and stress and cost if you are renting as buying, you still have to worry about school catchment zones etc. but if you rent you can be forced to do it each year, you can't really plan, you can't get 10 year rental agreements, you still have to pay your removal truck and take a week off work etc... I had to move 3 times and it cost me about £8k out of my depost saving funds to pay for moves I didn't want but had no choice in. I could have bought my house a good 2 years earler if it wasn't for constant no fault evictions.
@hudson7354 Жыл бұрын
Goodbye Tennent. You were nicely person. You never open windows so air no circulation. You let condensation arrive. Damp is different because you no understood. You buy a new house me glad.
@forthfarean Жыл бұрын
The end game is to smash the private renting sector . These dwellings will in time belong to big corporations or the state working with big corporations.
@ln5747 Жыл бұрын
@@DavidBennell retarded comment. A fixed mortgage doesn't mean you have to move out/sell at the end if they don't refix it 😂. It's literally just a pre-agreed financial agreement/contract between two parties just like a tenancy. Honestly.
@neilheyes6651 Жыл бұрын
What a shame there isn't a massive company out there that will eagerly buy up all the properties of small landlords who will be forced to leave the market, so they can relet to let's say government approved and paid for individuals
@runthomas Жыл бұрын
nobody is forcing anything.... if you dont like it ...then it is your own choice to sell up and then you can shut up and stop moaning about protecting tenents.
@antheablackmore5838 Жыл бұрын
There is The Corrupt Banks! Part of The Great Reset , they don’t want property ownership…they are getting rid of small landlords first
@johndavies4644 Жыл бұрын
Shhhhh
@cliffordbuttle4529 Жыл бұрын
If it’s not 4 star they will remain empty 😮😮😮😮😅😅😅
@hatientacetlen4246 Жыл бұрын
Yes there are more protections given to tenants than landlords, rightfully so. Because the landlord by default in a position of power. They are selling a product which is a necessity, property is a limited resource and its one people need. For a lot of people the choice when it comes to housing are pay rent or become homeless. Plus landlords already occupy an incredibly privelaged possition. You literally get paid to do nothing, people pay you to live somewhere. They work to pay you. You don't have to work to provide a house. You are leaches and I hope all your propertys get nationalised and/ or redistributed.
@duncansmith7562 Жыл бұрын
the bottom line is that the more rules and regulations landlords have to follow, the less rented property will be available on the market, the worse the housing problem will become. from what you said here, no way would i be tempted to become a landlord in the UK. happy to invest elsewhere. this legislation will make things worse for those renting. prices will go up.
@duncansmith441 Жыл бұрын
Well, I am another Duncan Smith who rents out a UK home while living and renting abroad. I will have to consider moving back home as I cannot afford the time and cost of legal cases. Bad for tenants and the market overall
@duncansmith7562 Жыл бұрын
@@duncansmith441 totally agree, Duncan. I can only see the current proposals being a major headache and money loser for landlords. My wife is Bahamian and I asked her to renovate the property she has there to rent it out and we will ditch any idea of renting out a UK property. UK has become a trap for landlords.
@joannerothwell6016 Жыл бұрын
My sister has had the fallout of recent new rules/market conditions and the up coming changes. She’s been a reliable tenant for 15 years in Stockport. Having put up with the property not being updated in general and being a single parent and not being able to afford much privately, (with social housing for a hard working person not that available)-the landlord has put up her rent £250 a month and she can’t afford it. Having made the landlord delay this to get her deposit sorted to legal standards, she now faces eviction unless she can find a new property to rent. She’s looked at available properties for the price she can afford and of course there’s not much and as a single mum, the landlords are choosing ‘family units’ over her. Now she has to ‘use’ the system to not move out so emergency accommodation can be actioned for her and as a reliable person she hates that thought. As the market is landlord weighted due to lack of housing - she’s stuck. More council or affordable housing from the government plus the records or ratings for landlords being available will ensure these greedy people who let out sub standard properties will be punished by ppl not wanting or needing to rent from money grabbing landlords without going into it eyes wide open. I own my own home so I am not affected in this area, just seeing what’s happening is criminal and actually affecting people’s lives. One of anyone’s basic needs is a roof over their head with a feeling of security.
@kathyn8780 Жыл бұрын
thank you so much for this, all great info as a landlord there is nothing wrong with giving more notice, but what if they then do not get out and time to be added on to that for the court process
@dextermclaughlin2386 Жыл бұрын
Unfortunately the bad landlords have let the good ones down, I am currently taking my former landlord to court, 8 pages of breaches, a faulty 20 yr old boiler for 3 year's, damp through out the house, anti social behaviour charge and many more things. His response was always " if your not happy leave " so I welcome these changes m
@unknownunknown2576 Жыл бұрын
You sound like a d head of a tenant
@rober95rd Жыл бұрын
@boxingtruth2167tbh you can get a 150k-new-build flat ans get 850-950 in some cities like Glasgow, Newcastle, etc. That should give you 5k a year. 4k with management fees and some maintenance expenses included. It's x10 what you're saying and this is a realistic example. Things aren't great, but it's not an all-for-nothing situation. The estate agent tenant find fee is something you can avoid by looking for a tenant by yourself, it's not that difficult I think and agencies charge far too much for it so...
@wokelefty Жыл бұрын
@boxingtruth2167 Being a landlord is a business. A good businessman / women makes the circumstances they need to succeed. Snowflakes as you put whine about government making conditions hard. Your the snowflake you hate so much 😂😂😂.
@dextermclaughlin2386 Жыл бұрын
Your reference " snowflake" I take it is to anyone who oppose your argument! Thanks for the data on your outlays, I see you made £360 profit on your investment! So you contributed nothing towards all the cost of the property in that year! That was all paid by the tennant! Whilst your property gains value year on year. Not a bad deal. I can't talk for all landlords only my experience with mine. He treated us like peasants for 5 year's! It took us that long to find a decent property to rent. As for my previous landlord he has ignored all our solicitors letters for a claim we have bought against him, in the hope we end up financially exhausted. Being a man of principle I am prepared to invest my life savings to bring this man to account. Once again I'm not saying all landlords are bad, but there are some dispicable ones out there driven by greed who are letting you down.
@stevep8321 Жыл бұрын
If in your own name you pay tax of the full revenue though so even allowing for a higher rent assumption , if you're unlucky with the tenant, cash would have been a more lucrative and less hassel investment. True there should be capital appreciation but prices have been falling so if you need for whatever reason to sell there's a timing risk, capital appreciation is not guaranteed.
@MysteStorm Жыл бұрын
So ... HOW do I get my issues sorted? I have lived in this property for over 20 years now. Until my "new" landlord took over, I was living in a ONE-BEDROOMED PROPERTY, that had a dining hall area. . Now, it has become a two-bedroom property, with an area that has an opening at each side, with the boiler, and where the fridge needs to be kept, now, according to the landlord, being called the "lounge". The council did come to inspect the property, when they began paying my rent ... and were happy it is a ONE BEDROOM ... but, the landlord has decided to claim it is 2-bedroomed now, and that I moved in originally with my daughter (who I have never had). He has increased my rent by first £100 to over £725, and is now slapping on a new increase to £780 - to cover the new boiler he had to put in as the old one (30 years plus old) packed up. I am disabled, alone, and have no one to help me do anything to sort all this out. I do not have the funds to move either. My property is like an icebox, and having heating on is a waste of time. The bathroom in winter isa nightmare, sitting between 4 to 10 degrees. In summer the property is about 15-18, so nice not having to need an Ir-con. but, in winter coping with 10 degrees, with the heating turned on full, is no fun. The place has damp issues, and portions of the heavy ceiling coving keeps falling off. I did have it painted, but the constant flooding by the upstairs tenants, has ruined that, wasting a lot of money I truly could not afford.
@f4bric-termor465 Жыл бұрын
It's all about making the rich richer, this government is all about themselves not for us which is what it's supposed to be about, working for US
@emmajones1183 Жыл бұрын
i would report him to the council ..a new boiler is not your issue and he may have got funding anyway towards the new boiler so why charge you...this sounds madness...you can ask the council for an inspection for repairs and they will send someone out to inspect the issues and send him a letter demanding he does the works or else they do the works and charge him...the only down side is the landlord can then give you a section 22 in retaliation and ask you to move out...which in saying that you dont need to move within the 2 months you can in essence stay as long as you need and let him go to court to get you out which costs them money and takes at least 6-12 months depending on how busy his local court is to process an eviction notice..im surprised the council didnt pick up on this if they came out...hell have split it into 2 now to get more money from the rent...when they know the council is paying they milk it more...i personally would look for a new place, if you are on benefits then i would give that money to another landlord, loads people prefer dhss tennants now over employed as they feel thats more secure financially so you may find you get a better set up than this place in the end
@ton4705 Жыл бұрын
I wonder how this will effect people on housing benefits and universal credit as these payments are consistently paid in arrears and would technically fall into that always paying late
@dwjudd Жыл бұрын
You also have to take into consideration additional costs: referencing, deposit certificate, cleaning, damage, marketing - if there is a higher turnover then these costs will have to be taken into consideration
@robfox5464 Жыл бұрын
Who do you think is going to pay for it? Tenants. Far less properties on the market: guess who's going to be far worse off? Tenants. Only choice for most decent tenants will be compound-like properties owned by large corporations: yes they won't evict you, but will make your life so miserable that you will want to leave from day one. And, just one more thing, you want to change job? Good job you want in a different place? Forget it: no decent place to live (if any at all). Besides these rules are only for private landlords, and this means that most of you who can't afford mega-rents for the rare decent properties, will live in very bad, unhealthy places, under terrible contracts with large companies.
@theoutsider6191 Жыл бұрын
The pets clause is a sticky wicket for a lot of people. Not only when you rent, but also when you buy in a leasehold arrangement. I guess this situation will also be applicable for that situation, since the law is stating the "landlord cannot unreasonably refuse". And in a leasehold situation your management Co and the freeholder are the landlords. Good news for people that want to have a pet, or already have one, and need this situation rectified.
@r1273m Жыл бұрын
I rent out a flat in a block of properties. Pets are not allowed, not just because I as the landlord don't want dogs and cats peeing on my carpets, but because it is a condition of the lease, no pets allowed in the block. Are the government going to force freeholders to rewrite the leases?
@theoutsider6191 Жыл бұрын
@r1273m Sounds like it since they are landlords. And it's not a bad idea in principal. As long as you have responsible pet owners it's not a problem. That's why you have conduct requirements in the tenancy and leasehold agreement 👍 banning everyone from this is reducing quality of life for many folks.
@theoutsider6191 Жыл бұрын
@@peterdavid1156 Dog owner that looks after them doesn't leave them for massive periods of time unattended doesn't let them foul everywhere around the property and does their best to keep them from causing any nuisance to the other residents. I would say....
@theoutsider6191 Жыл бұрын
@peterdavid1156 Not really if the house is cleaned properly. And not really if they don't have the animal use the garden. But to be fair it doesn't really matter what you do in that respect as the animals in the local area will all be doing so. So local cats don't shit in their own gardens for example, foxes, birds, rats.... etc etc. You're enjoying an idea of the outside world that doesn't exist if you think it is so clean you could eat your dinner off it...
@deal2live Жыл бұрын
Will this affect AirBnB? Can tennents have pets in HMO? HMO already have registered. Is deposit insurance already a rolling tenancy? What happened to the net-zero work to properties, that has to be done before you rent a property.
@sirrodneyffing1 Жыл бұрын
"Reasonable" in legislation is the way politicians get out of avoiding responsibility. Its an open door to a mountain of court cases as its left to judges to decide what "reasonable" actually means. it costs everyone involved a fortune and clogs up the courts. It one of the most pernicious words used in UK legislation.
@peterboytRaKs Жыл бұрын
""Reasonable" in legislation is the way politicians get out of avoiding responsibility." This depends on who does the 'reasoning'. You said it all right here. None of this legislation benefits the renter. It's what they call a 'ruse'. Or, a box of 'loopholes' for 'LANDLOARDS' to further oppress and take advantage of unsuspecting renters. Therefore, in essence, cui bono, is the owner/landlords who get provided the guarantees. Good call sirrodney.
@sirrodneyffing1 Жыл бұрын
@@peterboytRaKs Psst..I'm a landlord in London, soon selling up. Last flat I let I had 20 people want it in 4hrs. When I sell later this year it will be 12 more people that can't find a place to live. These regulations are absolutely stupid; we're just leaving. The flats will be bought almost certainly by wealthy recent immigrants, most are in my area, they will never be let again because it's just financially ridiculous: the mortgage repayments (80%) on a £900,000 flat in London are over twice what you can charge in rent, before you factor in all the other costs.
@peterboytRaKs Жыл бұрын
@@sirrodneyffing1 Good luck 'selling up'. Please let me know how that works out for you..
@sirrodneyffing1 Жыл бұрын
@@peterboytRaKs It's going to be fine thank you. It's a very popular area of North London, people fight to live here and most of the buyers are cash rich. Politicians always forget that the people they target have options; they react and aren't just pieces on a board they can move about to convenience themselves.
@peterboytRaKs Жыл бұрын
@@sirrodneyffing1 "aren't just pieces on a board they can move about to convenience themselves." What part of Mars are you from? I hope this isn't too insulting Rodney. But everybody from the Crown on down, are pieces on "the board". That includes every American and everyone living in 'the West'. So sorry to disappoint. Whether you know it or not, you're "on the board" mate. That includes N. London. I do know N. London. Not much different from DC Proper. Please correct me if I'm wrong.
@harlyslamm2888 Жыл бұрын
Landlords need to price in the future cost of rent into the monthly rent by increasing to a point where you can build up a pot to cover, including the cost of administration and the cost of renters reform. If tenants do not want to pay, they are free to go buy their own property and live there. Landlords are also advised to take up thorough legal cover, and ensure they take every tenant to court which will stop them ever getting a loan, mortgage and in all cases even a mobile phone contract. This will ensure we get rid of bad tenants and make it a council's problem which will be paid for through council tax so it will be tax payers problem
@ManpreetSingh-mu4xn Жыл бұрын
I wonder how lenders view the change and whether it will result in lower loan to value basis of lending when rents can cease on giving 2 months notice.
@tea.topzone Жыл бұрын
Some of these rules already exist in Scotland and hasn't helped tenants
@skinscapetattoo Жыл бұрын
In my experience it’s the tenant who needs character references for the landlord. Here in South Africa landlords seem able to act with impunity and no sense of responsibility for the maintenance of their property, that usually falls to the tenant.
@emmajones1183 Жыл бұрын
yes i agree, so true
@FlipperOne-pe3fc Жыл бұрын
No profit in it after all new rules, not even breaking even, EPC, Section 21, Section 24, Interest rate increases and the Rent cap , lol, Rishi the money printer created inflation 2 yrs later after contracts for his mates .sold n got out, renters can go and buy a property like i did, and save up 30k min on each house for a deposit, basically law is allowing and telling renters to not pay rent and the landlord cant do anything lol until 6 months later, nice way to save up by renters and wreck the place and clear off, thanks gov,
@sgbsvw Жыл бұрын
What do you mean you're not breaking even? House prices on average have risen £17k in a year.
@gillps5130 Жыл бұрын
Trip Advisor/Ebay style reviews and recommendations on BOTH sides would work wonders without the need for all this legislation just to make decency into law.
@hearmenow909 Жыл бұрын
Tenants already have to provide references and credit checks. That's enough.
@niksgee3538 Жыл бұрын
Unless the landlord lives in the property and tenant is an excluded licencee, or if they are living somewhere like a hostel again licencee ALL tenancies needed a s. 21 being served. There was no quick back door to evict tenants. As a landlord you should have known this.
@njparkin5894 Жыл бұрын
That's fantastic news! Especially for having pets. I'll definitely now be adopting that lovely orphaned baby elephant I bonded with in Thailand. I know she won't fit in our lift. However, we can always use the stairs to reach our third floor flat.
@flowerpower7389 Жыл бұрын
Brilliant 😂
@stuartrogers6778 Жыл бұрын
Ok, as long as she is only for ornamental purposes.
@Gamer-hv7eo Жыл бұрын
landlords act like kings these days, asking for a £60k income for a £1400 house. Then comes the deposits, credit checks, references, and when its time to leave they don't give you your deposit back for weeks even after a months notice and leaving the house in better condition than initially rented. happened twice now.
@daniellerae17166 ай бұрын
Because contractors want 35000 just to put vynal plank flooring down on a 2400 square ft home. The plumber wants 800 for a moderate boil fix. A minor one costs 683. Plus they don’t even fix it right & there’s another problem right after. Tenants damage the house & property which is one reason most landlords are not nice. The ones that are nice are because there tenants take care of the place. Just like you get cancer they temporary get rid of it only for it to come back somewhere else to get your MONEY. There are Good people trapped in the middle of this who still give breaks to others. Not all of us are BAD. I believe people should own their on property or a couple BUT owning hundreds or thousands of properties is wrong. People should be able to check the wealth of others & not give money to the Billionaires unless they are working & putting it to good use like Elon Musk going to Mars.
@FreedomPhilosophyTV Жыл бұрын
Interfering in private property rights with central planning is a terrible idea. All the additional risks will have to be factored into the price and conditions.
@modelsfirst Жыл бұрын
Private buy to let Landlords could try working for a living instead of exploiting the DESIGNED SCARCITY in supply of housing that pushes rents sky high & keeps them there. Build adequate supply of not for profit housing (which is competition for parasitic speculators , which is WHY they haven't been built) & the Private buy to Let model completely collapses.
@sirrodneyffing1 Жыл бұрын
Yep. Security of private property, enforcement of contracts and an impartial judiciary is why this country, and all other countries based on its legal system were so attractive and successful; those principles and so the prosperity of the country are being gutted for the cheapest kind of short sighted political advantage.
@unknownunknown2576 Жыл бұрын
@@modelsfirst they do work. You're just a jealous renter😂
@joeblogs6598 Жыл бұрын
@@modelsfirst Not a matter of banning profit. Simple case of letting anyone build any house of any kind on their own land. That is to say, remove all planning laws created since the 1948 Town & Country planning act.
@nauxsi Жыл бұрын
@@modelsfirst You keep thinking it's individuals. Landlords are housing associations as well.
@tesspulido Жыл бұрын
Thanks! Great job summarising, being objective (as you're both landlord and renter), and love the pop culture snippets! ^__^ all the best!
@odesamusic Жыл бұрын
I just want rent capped.. I could have bought a house by now with the amount of rent I've paid over the years, should have just got a mortgage
@mrscreamer379 Жыл бұрын
I think they should create a Property ISA. Allow a person a max of 2 properties in your Property ISA portfolio, occupancy less than 6 people per property, must have efficiency rating of C or better. Then grant those 2 properties immunity from CGT and income tax. Property must be in your name, no stuffing the kids ISAs with your properties. BtL is an investment for many people and they count it as their retirement plan ... so why not treat it as such?
@ianlunn9730 Жыл бұрын
Why only 2 ? Why is it wrong for me to have 2-4 or more ? AND... What would you suggest if I (say) had 2 then decided to sign over my portfolio to my newly registered company who than can have as many as they want?
@Daisy-tl2lh Жыл бұрын
great that lets the big banks and BlackRock off the hook
@Daisy-tl2lh Жыл бұрын
the majority of tenants are renting properties and living in areas they could never afford to buy themselves but somebody did the landlord or the landlords family scrimped saved and went without so they could live in that house
@user-pf5xq3lq8i Жыл бұрын
So the mega banks like BlackRock can own 2 houses yeah..good luck, they OWN the government.
@mrscreamer379 Жыл бұрын
@Boxing Truth Agreed. I have no idea why people do BtL other than to show off to fiends that they have a property portfolio. I'd rather have a pension that gets all the tax benefits and takes zero effort. But each to their own.
@GordonWatson-x1z Жыл бұрын
All this has been in place in Scotland for a number of years now and has greatly reduced the number of rental properties available as Landlords sell up which has driven rents up and made it harder for tenants to find somewhere!
@thepissedofflandlord Жыл бұрын
Well i can tell you the effect it's having. People only want to rent to young people who aren't likely to hang around. Nobody wants an old single person who will stay for 10 years of they can't raise the rent.
@BearXXII Жыл бұрын
At least in Edinburgh AirB&B reduced the number of renatl available pushing the rent up
@MouldyCheesePie Жыл бұрын
Scotland is fine and there are enough rentals
@thepissedofflandlord Жыл бұрын
@@MouldyCheesePie apart from the fact the housing Secretary has an idological agenda to destroy the PRS. Pat Harvey is utterly single minded with no room for nuance and has no consideration for landlords whatsoever. That is what makes him so dangerous.
@joemaguire5575 Жыл бұрын
@@MouldyCheesePie I advertised a one bed room flat in Partick in Glasgow last month and I got 220 enquiries within 1 week..several people actually begged me to rent the flat to them and even offered 30% over my asking rent which was £600 per month and which rent I asked for only just about covers my interest only monthly mortgage payments..Scots politicians have ruined the Scottish rental market with tons of crazy new rules and regulations over the past five years or so which not even most tenants want !!!!.. crazy Scots Gov rules placed on private home owners who wish to rent out their own property over the past five years or so which not even most tenants want !!!!most decent tenants cannot find a home to rent in the private rental sector in Scotland now without having to pay very high rents which as I say has been caused by idiotic politicians who know nothing about the private housing rental market and who only care about easy votes
@houseofzedds4960 Жыл бұрын
More Govt intervention into a market. We all know what that means. Like here in Australia Govts are changing tenancy laws to favour tenants too much. Who bears the Risk. This is why I sold my investment last yr.
@shuidifengliu Жыл бұрын
Will it increase supply of affordable homes? Not too long ago, there was rent control. It didn’t work as landlords didn’t want to invest. Until the state gets involved in building affordable homes I think the problem will persist
@1day750 Жыл бұрын
it will decrease it. Government are content with overspending money they don't have via the less visible tax of inflation via money printing (then spending it), and wants private individuals like landlords to pick up the tab on housing welfare.
@_wrl_ Жыл бұрын
so if I was a landlord I would be forced to charge over the average rent from the get go to protect against the additional costs and screen applicants to filter out the ones with the best jobs, if I have a hard time with a tenant just sell which removes a rental property from the market. Sounds like a recipe for disaster. Even if it doesn't go through it has already spoked the market and the effects are already being seen.
@abhinavchoudhry920 Жыл бұрын
Rent caps are not sensible but i agree that fixed terms are not good and any tenant ought to be able to exit at 2 months notice. i believe it only sensible that the property owner too have similar rights.
@chrism2966 Жыл бұрын
This will be irrelevant once the new insulation laws come into effect. The capital cost will be too much for many smaller landlords and they are likely to sell their properties. Once sold, they may not be re-rented but used as a main domicile, so less property available to rent anyway. The landlords that do make the additions to insulation will need to pass that cost on to tenants, so rent will increase. This will mean some tenants can no longer afford private rent. In short, this is a shit show and is being orchestrated by our own government all in the name of carbon reduction. This is all based on a lie as there is no proof that man's activities are affecting climate change.
@RustyOrange71 Жыл бұрын
Thank you, WEF
@pjay3028 Жыл бұрын
Anyone who says there's no proof of humans causing global warming should not expect anything they say to be taken seriously....
@bakedbean37 Жыл бұрын
@@pjay3028 And that someone thinks that short term renters should pay for the long term investment in their landlord's monopolised finite resource "nest egg". The landlord signed the deeds and paid some fees. That's as much effort and cash as they want to put in. Everything else is to be picked up by someone else until it's time to cash it all in. Nice eh? Not.
@psy-op Жыл бұрын
@p jay Prove your propaganda please.
@pjay3028 Жыл бұрын
@@psy-op kzbin.infodOI6Ivr0xjg?feature=share
@bluj78 Жыл бұрын
As a tenant who has just waited 6 months for an unsecured, unlockable window that doesn't shut properly to be fixed, this is great news. The landlord's last business sold for £30m and the fix provided? Couple of window locks attached. I'm 25 years in rented accommodation and could give precisely zero fcks about the plight of landlords. They deserve nothing but contempt in my experience. What I am peaved about is having to give 2 months' notice though all that means is playing the lost deposit game and leaving on even worse terms.
@user-ue6iv2rd1n Жыл бұрын
Why did you pay the rent then? If they're not holding up their end why are you paying?
@dmc-sm1cp Жыл бұрын
You're clearly just the sort of tenant that decent landlords don't want because a decent landlord wouldn't have left you in that position but your attitude and behaviour is unlikely to change regardless of how good your landlord is to you! Also, if there are no landlords, you won't have anywhere to live......short-sighted anyone?
@bluj78 Жыл бұрын
@dmc5001 🤣🤣🤣I'm the sort of tenant that offers to professionally decorate for free while I'm living somewhere. The sort that will change light switches to save calling a sparky out. Same re lock barrels, leaks and pretty much anything else to help a landlord out. I'm clean and polite. Unlike you're judgmental, uninformed ass. See, there are landlords and there are investor landlords. Pretty clear which one you are. Seems appropriate to also mention here that i am only ever instructed by investor landlords to tosh out end of tenancy redecs. But keep on feeding yourself the brokie, bad attitude andrew tate line. Im just working class, pal. 🤣🤣🤣 edit: the exception, of course, being properties targeted at higher incomes on the initial decoration. Even then, it's johnstons for them, farrow n ball for me lol
@bluj78 Жыл бұрын
@111 111 other tenants aren't comfortable doing that, generally, for fear of being evicted. Frustrating but not fair to put that stress on them.
@user-ue6iv2rd1n Жыл бұрын
@@bluj78 Oh no I'm being evicted from a house I don't like with a landlord I don't like and I've cost the landlord I hate thousands. Nope really not seeing it.
@runthomas Жыл бұрын
i have been kicked out of 3 properties in london due to landlord giving section 21 saying they want to decorate and the like, when i know they are just upping the rent drastically there should be no such thing as buy to let... except by the govt, and all properties should be bought by the state and renteed out at council house or housing association prices.
@emmajones1183 Жыл бұрын
why are you going mate, thats madness, no one can kick you out ..when you get the section 21 you just say sorry i cant go in 2 months youll need to legally get the right paperwork to recover ownership of the property again...as in they need to go to court to get an eviction notice...which takes months and costs them money...i would stop paying rent too, save that for your move when you are ready...the section 21 nonsense is for people who dont know their rights, you have no legal obligation to leave and can stay on until they get you out properly...you dont make it easy and pack up and go in 2 months...they made the choice to rent so they know the laws, they cannot get possesion of the house back until the court gives them the correct paperwork...you then look for somewhere else and take your time, most people find somewhere in about 3-4 months so you go when you are ready...look if they cared about you they wouldnt ask you to go, they dont care so you dont care about them. legally they still have to give your deposit back if you keep paying rent and go when you are ready while theyre seeking a eviction notice in court, or you stop paying rent, they often write it off as they just want the house back so are glad when you go in 3-4 months, they have landlords insurance which covers them for any rent you dont pay, either save it and use it to move and pay them back once youve moved or see if they write it off or negotiate writing it off if you leave in 4 months, you negotiate a term that works for you as you have the upper hand, that rental contract means you own the house until it is reversed by the courts, and they reclaim it, you have the power to negotiate and leave in a time that works for you if its say 3-4 months you want to stay on, as most landlords know itll take them way more time than that to get the ourt eviction and costs them money to go down that route, so many will negotiate, just say you know the game and how it works and you can either make it easy for them or hard, up to them...easy would be giving you longer to go than 2 months and writing off the rent...see this thing where people pay rent...once theyve asked for you to leave thats a joke to expect rent from you as why would you pay someone whos already throwing you out...which they cant do legally, only the court can reverse the landlords ownership back to them of the property or rented room, ...once theyve stabbed you in the back asking you to go, you dont then pay them rent, whats the point when legally youre covered by law to stay in the property until the court gives them the paperwork for you to go...and chasing any money from you is a civil case, up to them if they wanna chase you for it with all the legal costs they have to pay to do that, really the landlord has little power and tenants need to realise....they cant harass you for money or asking you to move either as then they can be charged with harassment by you...also most agencies or private landlords dont know who a landlord is so dont worry about bad references, you just give a friend or family members details and they pretend to be your ex landlord and give a verbal or written referece, no one ever checks to see if that perspn actually did own the property and rent to yuo...always ways around things brother, stay in power and you play the game and win. ..toughen up and play hard ball back as you dont need them one bit to get a new place, your mate gives a reference pretending to be the ex landlord and say how great you are,. your job is the proof of wages and you get a person of standing to give you a character reference ie boss at work....who need the landlord, nah hes done with chew them up and spit them out once they threaten to get you out, its game over and they lose and you win
@expressdotpc Жыл бұрын
I have rented out a property with the old 2 page form instead of the new 30 page form. My tenant notified me 5 months ago that they would leave but constantly changes dates every month! Now, they have decided not to pay rent and complained to the council that I am evicting them. I am not, they are the ones who told me they wanted to go. They have also trashed my house as they have flooded the bathroom repeatedly. On top of this, they have refused to pay the bills and I have had to pay the bills ever since. What am I to do here?
@JH-me Жыл бұрын
Now tenants are informed by councils, Shelter etc. that they don’t have to move out until the court awards repossession they will sit tight . And the courts will be even busier .
@1day750 Жыл бұрын
Government are content with overspending money they don't have via the less visible tax of inflation via money printing (then spending it), and wants private individuals like landlords to pick up the tab on housing welfare.
@robholloway8537 Жыл бұрын
Gotta say most of the laws surrounding tenants and landlords and evictions etc are very poorly thought through, for example mortgage rates have risen every month so far this year, called me old fashioned but I think the cost of housing should be met by those occupying the house, but this proposed law says Landlords can't change the rent for a year WHAT BAFOON THINKS THAT'S FAIR? If the cost go up then the rent should go up. Also if someone is not paying for the service provided (a roof over their head) then the service should be removed, this takes 5 minutes not 4 months through costly courts, ANY MORE BAFOONS? All in favour of protecting tenants from unscrupulous landlords and ensuring safe and satisfactory accommodation and decent maintenance etc etc etc but this set of laws will only reduce the number of DECENT landlords from the PRS with obvious consequences of supply and demand issues.
@michelleross2680 Жыл бұрын
Landlords are being expected to foot the mortgage increases while being limited to a 3% rent rise a year. I say challenge the validity of the 'mortgage' with the bank. All mortgages are securitised which extinguishes the 'lender' banks right to any REpayments or charge over the property. Try asking for proof of an outstanding loan account receivable on the books of the creditor (which is not the 'lender' bank when securitised), ask who is the holder in due course (it's not the 'lender' bank), what they have done with the non disclosed Power of Attorney within the Mortgage Conditions for and on our behalf, proof of the existence of the original mortgage agreement (they endorsed and sold it - securitised it). Ask for the internal screen listing document showing all transactions not made known to the 'alleged borrower' - mine had over £609000 going through on a £70,000 mortgage. Mortgage fraud being massively exposed now. The banks are very cagey when asked these questions
@KM-pq7sr Жыл бұрын
No wonder the rules are getting worse for landlords when even people like Rob are too scared to call out the insanity of the rules. He seems to want some rules to be even harder on landlords FFS.
@bernardsearle1194 Жыл бұрын
Only this month a family that goes to my grandchildren’s school, had their rent increased by £1000 per month, yes £1000 per month!!! So they obviously could not afford it and had to move out.
@cliveb4845 Жыл бұрын
Private tenants have been ripped off for years, in fact since the great council house sell off. Blame this new law on the hundreds of dodgy private landlords throughout the UK. Now decent landlords will pay the price.
@nelsonmaodeferro5984 Жыл бұрын
finally a landlord record database. I've thought this for years. New tenants have the right to know the previous renters landlord feedback
@jonathanjonathan7386 Жыл бұрын
fair enough but there should be a db for tenants for exactly the same reasons
@Julia-dakini Жыл бұрын
@nelsonmaodeferro5984 and what about a tenant data base too? Not all landlords are good and equally not all tenants are good too.
@joyjoan3744 Жыл бұрын
Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?
@saviourmark3153 Жыл бұрын
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong
@Friedaelsa283 Жыл бұрын
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
@lukasjonas-yw8cc Жыл бұрын
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Janet
@clintonilayira6380 Жыл бұрын
Mrs Janet is indeed a forex mentor. With my first investment of $1,200 I got a ROI of $12,000 in two weeks
@kasparotto Жыл бұрын
I remember friends calling me crazy when I started but i now shut up them with my four Figure weekly returned
@AlexColes-wn5jg Жыл бұрын
Cash holder, waiting for the right opportunity to develop over the next 1-2 years as market will go on to the higher rates, which are staying and not dropping. Labour government will also be the final nail to ensure exodus of the BTL market with rent controls. Nice one.
@IntrovertsAndFilm Жыл бұрын
Thanks for the summary! I’ve been reading bits and pieces but good to see an overview. Is there anywhere you can find info on market rents? There seems to be lots of guides from various sources but I can’t find anything concrete. My letting agents just talk about rental increases in % based on inflation. Though there’s going to be a big jump next year apparently. In terms of pets, I’ve had to pay additional every month in addition the standard deposit.
@Terry-io8ji Жыл бұрын
Trouble by decree and unnecessary overreach by governments. Some landlords deny tenants pets because, for example, they may bark all day until their owners return or cause damage by clawing,scratching, chewing ,create smells of faecal matter or urine , fleas or other problems such as carpeted areas being soiled in apartment complexes or Shared communal areas or other problems caused by other types of animals. Animals moult and fur can be difficult to get out of carpet fibres or stained through female dogs breaking down.This should be a choice of the landlord to decide if he wants pets in his property or the tenant should look for a landlord who doesn’t mind pets. Badly house trained animals may cause smells that effect neighbours, leading to discontent and arguments with neighbours or unsuitable confined living conditions, causing pets to suffer . It is outrageous that the government should dictate this against landlords . Governments often bring in ridiculous rules without thinking them through, like a one size fits all ruling, not thinking where there could be problems or consequences by their rulings and this is a perfect example of their idiocy against landlords. A tenancy agreement should be what landlords and tenants mutually agree on without any government overreach whatsoever. If this is brought in, why shouldn’t landlords be able charge a £2000 deposit against any damages that they may have to rectify damage to furnishings, decor, carpets etc..
@Daisy-tl2lh Жыл бұрын
this is not a renters charter to ignore their responsibilities under the terms and condition of the lease
@wendyjones3953 Жыл бұрын
I have rented out a property at low rent for 10 years. Good tenants and I was a good landlord. I charged rent that just covered my costs and could keep the rent low because all of my tenants kept the house like a show house and I had no expenses to repair anything when they left because it was always immaculate. When the last tenant left though, I decided NO more and am moving back in. I’d been looking after a relative for all that time. There’s no way I will rent out again now. For a start, I don’t want dogs in my house under any circumstances. Can’t stand the noise and I hate the the dirt they bring in on paws after being outside and the thought of their bottoms on my carpets and furniture - ugh, yuk, no way! Luckily, it’s in a very quiet road, full of older folk who have no dogs. Fantastic. No yap, yap, yap. No dog muck on pavements or in shiny bags hanging on trees! My Nan had a tenant who had a dog - it ate through carpets and a plasterboard dividing wall, amongst other things! Also, I have asthma and would have to pay for a really good deep clean before moving back in myself. I know I have been lucky with my tenants, very lucky but I’m not going to carry on being a landlord and continue to push my luck with all these rule changes.
@clintharper5509 Жыл бұрын
@JLH-dg6ig what about the noise they make? little dogs can just be as annoying as big dogs I can't stand dog owners that have no consideration for others when their dogs start barking.
@clintharper5509 Жыл бұрын
I take you like peace & quiet Wendy? me too, I don't mind building work because you can't build & be quiet, but barking dogs drive me mad, but it's the selfish inconsiderate owner I hate more, I've always said a dog is a reflection of its owner, just because they have a right to own dog doesn't mean they should, looking at most of them they don't make the time to look after themselves never mind a dog. I just wished those who have dogs & allow them to bark with no intervention need to realise that bricks windows & doors don't keep the barks out & your neighbours shouldn't have to put up with the noise of your dog it's called respect & consideration. I also can't stand hair's saliva eye gunk & the stuff that comes out the bits, disgusting.
@Bevsmith6548 Жыл бұрын
Do not forget the fleas.
@wendyjones3953 Жыл бұрын
@@clintharper5509 I agree - it’s all quite gross BUT I am chuckling at how you describe it😂
@nicolemurphy2629 Жыл бұрын
My dog doesn’t eat anything except her dinner and she is beautifully clean. If you are stupid enough to put down white or cream carpet as a landlord then you clearly have little life experience! Get real Most pet owners are responsible and fantastic tenants I’ve rented from private landlords and they have been sad when I give notice to them because I respect the home and keep it clean! As a landlord you don’t have to provide furniture But if you do then put secondhand stuff in there When tenants leave if they stayed for 5 years you should expect to have to re decorate that is called maintaining the property! Wendy jones The dog hating woman 😂
@jasonaris5316 Жыл бұрын
The entire property market in the U.K. is doomed
@muaddib2108 Жыл бұрын
I would like to know, how landlord evicting a tenant under the grounds they are moving in and then no reletting for 3 months will be inforced and what recourse the previous tenant will have
@lg_believe333 Жыл бұрын
Whilst there needs to be rights for genuine renters renting from irresponsible landlords, there needs to be rights for responsible landlords and neighbours living next door to renters who act antisocial and are a nightmare to live next door to. Those kind of renters/tenants should be warned about their antisocial behaviour, and if they do not change their antisocial behaviour they should be evicted. Also, tenants should not be allowed to sublet because that can affect neighbours living next door who have to put up with the potential of antisocial tenants moving in.
@CuriouslyInquisitive Жыл бұрын
It’s easier and less stressful to give charity by contributing to food banks. At least your property does not get trashed
@1day750 Жыл бұрын
Government are content with overspending money they don't have via the less visible tax of inflation via money printing (then spending it), and wants private individuals like landlords to pick up the tab on housing welfare (i.e. inflation at 10+% but rent increase cap at 1-3%). For good measure, got to add some extra rules to punish the private landlord for not acting as a social welfare program
@executivehire Жыл бұрын
Having been a landlord for 12 years im getting out. I rented out a property after extensive renovations. The tenants never opened the windows when cooking or bathing and has now caused so much mould etc which they want me to fix. Bugger that ive given them notice to quite and selling up.
@emmajones1183 Жыл бұрын
you could have put extrractor fans into the property mate, be pro active, a tennant is forced to open windows, for many reasons people dont always open windows, security fears, working all day so the majority of time they are out the house, bad weather and it being cold which most of the uk has been this year freezing,...the issue is you, houses do not just get mouldy from not opening windows, i dont open my windows all the time and i own a lovely house with good brickworks, good ventilation in the brickwork, air purifier system in the lounge and upstairs and a good extractor fan in the kitchen....this to me suggests you are the issue and maybe get your wallet out and stop blaming your tennants...pay for a top of the range extractor fan in the kitchen, you dont need to open a window with a good extractor fan...how do you think posh hotels have no ventilation as the windows are sealed up they dont open but yet their bathrooms and rooms serving guests endlessly having showers and damp in the air, their rooms arent mouldy....you coould have bought air purifier machines too and a new extractor fan in the bathroom which absorbs 99% of damp...remember your tenant is only in a bathroom for a short period of time then they leave, most likely leaving the bathroom door open....so if youre getting damp then its your issue mate, you sound like a typical cheap landlord who wouldnt live in a house with damp yourself but play dumb and wanna throw people out blaming them...its you thats the issue...its easy to solve these issues spending some wonga and being logical..not illogical which i feel youre being
@jonathanjonathan7386 Жыл бұрын
@@emmajones1183 there's not guarantee they will bother using the extractor fan either. asking someone to open a window for ten mins or so when you're cooking is not unreasonable.
@donbones371 Жыл бұрын
On a buy to let mortgage you can't live in the property if your the landlords so why they are telling us false information
@mikeroyce8926 Жыл бұрын
The Tories are looking after landlords who rent properties without mortgages to tenants. Politicians from all parties seem to assume that landlords don't have mortgages.
@ianlunn9730 Жыл бұрын
When ever did a mortgagee lender EVER check who lives in the property? I know someone who did just that for over a year before putting it back on the market!
@Lifes.lemonade Жыл бұрын
This is good news I have a horrible landlord with really bad problems and numerous properties but doesn’t care, if you complain your out. I even moved in with no smoke working smoke alarms yet it was signed of as working. Its bad for landlords yes but as tenants (good tenants) who want to live and love the property it’s hard to get settled. I also agree that yes a bad tennants register should exist but you should be able to challenge them both sides so that it’s not revenge listing.
@Autonomous1969 Жыл бұрын
How about landlords who are working under the radar? Next door has rented out the house to four Romanians but I'm sure no one knows and he's claiming to be living there.