A 1 bedroom flat by me is about £800 a month 😮that’s £200 a week out of your wages , that’s why people don’t bother working, not really worrth it if your on minimum wages is it 🙄
@easytoassemble543216 ай бұрын
That's before council tax, bills, and any "maintenance charges", though. So, it'll be even higher than £800.
@0ccam5Raz0r6 ай бұрын
A higher in my area, west Oxfordshire. Terrible prices. 2 bed is around £1200.
@user-qp5or5cp9t6 ай бұрын
800 for a one bed flat. In London and s very cheap.of course you have to work how you going to pay your bills, councils won't pay 800 for a one bed will they
@jumior6 ай бұрын
we hear about the job's english young dont want to do , just think about how much fruit y ou would have to pick to cover rent of 800 ,
@phild23166 ай бұрын
Don't use the fact you can't afford rent to enable a life of being a bum sitting around moaning about how there is no point in working , if you can't get a well paid job just work harder , that's you're choice
@ychill75606 ай бұрын
This will only make it more difficult and expensive to rent, because landlords will have to be so much more careful before letting out houses, and will have to charge more to cover the losses of tenants who don’t pay and have to be evicted through the courts
@MyMccarron6 ай бұрын
Government are also taking 20% of all rents
@jjefferyworboys81386 ай бұрын
Government has also made it much harder for landlords to make a decent return on their investment. Ultimately the customer, in this case the renter pays.
@dahb19456 ай бұрын
Very few landlords would ask good tenants to leave, but if lenders put rates up that has to be passed on. The cost of changing tenants is very large - Council tax, agents fees etc etc. I could go on further but most people do not understand the costs and complexity of being a landlord
@vinkthemink6 ай бұрын
Being a landlord is not a noble profession!!!!! They should be accosted when they try and hike rents
@jjefferyworboys81386 ай бұрын
@@vinkthemink Are you a vicar ?
@vinkthemink6 ай бұрын
@@jjefferyworboys8138 WE HAVE A HIGH PRIEST CHRIST JESUS !!! ...I am his witness!!!
@vinkthemink6 ай бұрын
@@jjefferyworboys8138 I replied but they deleted what I said !!! THE DAY OF THE LORD IS AT HAND !!
@dahb19456 ай бұрын
No doubt you think that houses should be free to every one - well the world does not work like that - clearly you have no idea of life
@tiiimmmaaayyyy36166 ай бұрын
As a landlord myself, I'll either charge the market rate for the property or enough to cover my mortgage. The tenant isn't my child and I'm not going to subsidise their rent if they can't afford it.
@jjefferyworboys81386 ай бұрын
It's a business like any other.
@pauledwards37406 ай бұрын
I have a tennant I have tried to help for over a year, they are well behind on the rent, I was advised to increase my rent to the market rate, i declined to do so to try and support the tennant, even though my mortgage is far higher than what i recieved in rent, as others have said i cant pay to keep the tennant forever, and sadly i have had to serve a section 21, it was only then i found out he was also subletting!! i now have to wait for the period to elapse, and most likley they will remain, which unfutunatley will result in a court order, more costs, no more tax breaksfor renting, how much do i have to be out of pocket, if he does a moon light flit and leaves things there, we have to by law keep his stuff for three months more cost hassle. seriously its not worth being a landlord anymore.
@mohitchaudhary94236 ай бұрын
@@pauledwards3740 how much is the mortgage 4000 5000 dollars
@AntonSmyth-od6rc6 ай бұрын
Exactly. Capitalism is not socialism. If they can't pay, out they go.
@2525Hudson6 ай бұрын
They have taken you for a ride, wack the rent up to market rate now and get rid of them asap. If Gove does bring in the s21 ban then you may be in a lot of trouble. @@pauledwards3740
@johnmitchinson95776 ай бұрын
Building homes is one thing, but building quality homes that comply with building regulations is another. There are lots of stories about shoddy home builders.
@PastaSauce.6 ай бұрын
The new builds around here are appalling. They won’t last their mortgage length and will be have to knocked down and replaced in 30 years
@user-tt4cu2sg4q6 ай бұрын
They have knocked more house down than they have built in 41 of the last 43 years so building houses will only replace the houses we need to demolish….it will still leave an ever increasing demand as population rises….
@artistreality6 ай бұрын
Immigration and good old supply and demand. Low supply of housing, down to immigration, means a high demand and higher prices. The only solution forward is zero immigration for 20years minimum unless absolutely necessary and get fracking. Use profits to build capsule homes en masse. Cheap to manufacture, cheap to build and stop house prices getting out of control. My view is this, everyone should be able to have their own home, even low income families. Capsule housing would allow this. Problem is nobody is parliament is capable of thinking outside of the box and will not will end the immigration issues we have. Once Labour is in power, things will get worse. The cycle will continue.
@jackwolstenholme82136 ай бұрын
Looked up what a capsule house is. No thanks.
@spiderjeranimo49926 ай бұрын
while i mostly agree, "Capsule housing" is just a trailer park with extra glitter.
@2525Hudson6 ай бұрын
I am a landlord, i have already sold 3 properties and have another 2 to go, getting rid of S21 will just speed up the exit by other landlords. What has to be understood is that we are not social landlords, we are a business, and with S24 where we are taxed on our turnover not our profit, the sums just don't add up. So guess what ? We are off. Let the close to bankrupt councils house all the evicted tenants. God help the tenants to come, they will be like rats in a sack trying to find a property.
@2525Hudson6 ай бұрын
I have been lucky, never had any episodes of total destruction, but i have picked my tenants very very carefully, i mean super critical. Now everyone is doing this, but 20 years ago they were not, i was. @christinacollins6183
@tamarawest62036 ай бұрын
Perhaps aspiring first home buyers will buy your properties and that will be three less rental households out there. Outgoing investment proerties often means others can finally get onto the property ladder, a very good outcome.
@2525Hudson6 ай бұрын
Totally agree, the 3 i have already sold did exactly that, but the flip side of that scenario is that my ex tenants then had to look for a home, and they cannot afford to buy, they are then forced to look within a smaller pool of available rental properties where the rent is going higher by the month, its a catch 22. One party wins for sure, but one clearly does not, @@tamarawest6203
@2525Hudson6 ай бұрын
@@tamarawest6203Yes, that is one outcome, but what about renters ? Where will they rent.
@user-pq9hn5cm6h6 ай бұрын
Britain is no more
@paulbanham96786 ай бұрын
Gove is just a clueless puppet and hasn’t got any idea what is involved in running rentals
@user-tt4cu2sg4q6 ай бұрын
The cost of providing property for rent is caused by rising interest rates, section 24 tax, buildings insurance rises, increased costs to evict non paying tenants, increased repairs costs due to wage rises and materials increasing…..I could go on. Either rents rise or landlords sell up reducing supply- it’s not rocket science…. Perhaps- if the government REALLY wants to help tenant’s - reduce unfair landlord taxes to enable landlords to pass on that saving!!!
@drwalka106 ай бұрын
These cry babies are not arguing in good faith
@jackshepherd936 ай бұрын
That’s because landlords mortgages went up It’s not complicated Landlords didn’t just raise them
@user-tt4cu2sg4q6 ай бұрын
These young people commenting constantly saying landlords not entitled to make a profit make me laugh…. If that’s the case there would be no private rented sector….they would need to buy a house or wait for a council house( good luck with that) or stay with parents…. They really ought to be more appreciative of decent landlords who are prepared to invest in homes for rent whilst the government are failing miserably. I can tell you as a landlord I don’t make big profits and I have to work damn hard…..however, I will be getting out as the negative attitude to landlords is just too much nowadays….They will miss us when we are gone…
@2525Hudson6 ай бұрын
They are already missing us....... look at the lines of people waiting to view any rental that comes up, and then outbidding each other to get it. Its tragic, and so unecessary, i too am on the pathway to being out, just 2 to go now, i will be hit by higher CGT but to be honest i don't care, i just want out now.
@jeanbissettfayse88446 ай бұрын
My rent has got up £300 in the last 3 years. No repairs have been done I don't have working radiators or oven. Hopefully soon I will be getting a better home.
@user-qp5or5cp9t6 ай бұрын
You should move out and let your landlord lose money trying to find another tenant.
@jeanbissettfayse88446 ай бұрын
@user-qp5or5cp9t Yes lots of people have told me to do that. I've been a good tenant and keep the house and garden tidy. I bought a new lounge carpet at my own expense as the carpet was so shabby I was embarrassed to have visitors.
@2525Hudson6 ай бұрын
I am so sorry about what you are going through, as a landlord myself i too want this type of landlord out of the business, my tenants were with me years, and the last ones i have, have been with me 10 years and 8 years respectively, i charge below market rent by a decent amount, and fix anything that comes up, the majority of us are decent. Good luck in the future.
@jeanbissettfayse88446 ай бұрын
@2525Hudson Thankyou so much for your reply I hope I find a good landlord like you
@drwalka106 ай бұрын
Why not … leave ?
@oldshiny30126 ай бұрын
all fluff before a GE which solves nothing
@tarlkoroban37336 ай бұрын
There was a time when the Government built thousands of houses and looked after their citizens. After the war top rate tax was 97% and the Government built thousands of houses.
@stevo7288226 ай бұрын
Yes, but which world war have you fought in? Why do you deserve the same rewards?
@tarlkoroban37336 ай бұрын
@@stevo728822 I fought in world war 2
@johntbaxter6 ай бұрын
Did all the entrepreneurs get up and leave after being hit with a tax rate that high? They would today!
@tarlkoroban37336 ай бұрын
@@johntbaxter Would they take their houses and land with them? They ain't going nowhere.
@tarlkoroban37336 ай бұрын
@@johntbaxter Where did the rich go when the tax rate was that high after the war? No where is the answer. It's a myth that the rich would leave.
@jihlavahanak6 ай бұрын
Removing Section 21 means some landlords will evict tenants while they still can so they're not helping tenants. Also HMRC often take 40% of rent in tax.
@hiralalpatel92116 ай бұрын
Our government is not stopping refugees from border crossings this is big problem not renting & people are claiming they worked & calming benefits catch them save taxpayers money please
@Heaven-dy9lj6 ай бұрын
This is the drive to no private home ownership.
@sukhvindertiwana586Ай бұрын
The rents have gone up because buy to let rates have increased significantly and you have to pay tax on all rental income where you cannot offset the interest. Only possibility left for landlords is to come out of the market.
@tarlkoroban37336 ай бұрын
In a capitalist world it's dog eat dog. You have got what you voted for so stop complaining.
@Del_UK6 ай бұрын
In the late 60's to 80's, there were lots of council housing estates being built. In the 90's, the Right to Buy was introduced. Also in the 90's there was not a great deal of council house building. We then had the upsurge of Property Development, where the companies agreed to build X% amount of council houses (Now called affordable housing) in return for favourable planning permission. We are in this situation due to poor management by the Government, County Councils, and local Councils not pushing a 50/50 build policy.
@sukhvindertiwana586Ай бұрын
My friend sold her rental property last year and she's selling another three this year. Im sure others are leaving in large numbers too.
@richardharkness94276 ай бұрын
These houses are privately owned assets and under the control of the owner. You have to pay to stay. Mortgage rates and taxation through the roof. Until the courts are fit to deal with evictions Section 21 needs to stay. Don't forget it id Government who have frozen LHA rates for the ladt 4 years.
@2525Hudson6 ай бұрын
Totally agree, but the snake that is Gove has already stated he will bring in the ban BEFORE the courts are reformed, as per usual with this govt you cannot trust them, and they wonder why we are all selling up.
@RajVerma-wj5sx3 ай бұрын
Agree fully. Remove S21 and many will leave. From my experience, evictions are made on ASB grounds but also when rise is reasonable as costs are shooting up. If its removed than courts must be enhanced
@DJLalr6 ай бұрын
Forget about rents - our wages need to go up - its a scandal that corporates are making huge profits and we get peanuts....it wages that is the problem...
@Trav-eller6 ай бұрын
Loo rolls were extortionate prices over lockdown.
@sukhvindertiwana586Ай бұрын
The guy who started the loo roll comment hasn't done his homework. He needs to search online what changes were introduced over the years to ensure landlord make as little profit as possible.
@therivalryanАй бұрын
So if I'm renting out a property and the interest rates go up a few % I am now paying for the tenant to live in that property, and would need to put the rent up. If the landlord can't afford the property then the tenant will be getting kicked out regardless. if you have a 1 year tenancy agreement that's good enough isn't it? you are renting after all!
@0ccam5Raz0r6 ай бұрын
If I think loo roll is too expensive, I can reduce my sheets by being ultra stringent, i get a bday, I can wipe with paper, I can even use a rag, or collect leaves if I really really have to. There's options. Rent would be ok, if say, I could put a tiny home on a plot of land without planning permission. Or live in a cheap alternative, via relaxed laws. There's no alternative in the crazy UK restrictive and controlling housing options, so they owe it to us to make it affordable.
@AntonSmyth-od6rc6 ай бұрын
"owe it to us" the language of entitlement. Work for your own things
@0ccam5Raz0r6 ай бұрын
@AntonSmyth-od6rc erm, no. If you want to buy necessities to profit by them, deal with the aftermath. Nobody owes anyone to pay their mortgage, just because the loan they took out became more expensive. Deal with it 👍
@0ccam5Raz0r6 ай бұрын
@AntonSmyth-od6rc FYI - nobody is asking for freebies. Just not bearing the cost of all the idiots that payed over the odds for bricks and mortar, inflated the market, and is now crying because the rate isn't 0.5%.
@jacksonwong906 ай бұрын
In singapore its government n part time politicians are super highest paid in the world increase property selling price , rental , inflation ,tax profiteering , high cost of living .
@Theroyski6 ай бұрын
If the government want to introduce a ban on the use of section 21 and don't put in place measures for landlords to regain control of their property then I afraid that they will simply exit the market.
@richardfowler99016 ай бұрын
Totally out of order young are being stuffed.
@SG-je4kd6 ай бұрын
The reason it is taking a long time are there many MPs who are landlords. I know of at least one who would have personal values conflicting with their constituants
@robtheplod6 ай бұрын
Sort peoples housing and you sort so many other issues.... which Government do you think will eventually understand this?
@2525Hudson6 ай бұрын
Well in the past 40 years not one of them has, so i am not holding out much hope. When the RTB is ended, then i think we may have a govt with a clue........ maybe.
@pomphetrung73016 ай бұрын
Landlord paid their taxes, council housing are being built on tax payers money but the growing numbers of free housing is in unbearable speed. Where are all the money will be coming from if a lot of people are growing up rather claim than coming out to work and pay private rents and still can’t afford to live. Britain is a mess and it will only get worse.
@stevenpaterson51006 ай бұрын
Keep the landlords expenses rising,with all the mad energy performance regulations coming soon. Gonna be a lot more rent increases and homelessness just around the corner. I wonder why???
@spankhouz64666 ай бұрын
If they not happy go and buy your own.
@ivortoad6 ай бұрын
Gov gaslighting as usual.
@johnsmith-rs2vk6 ай бұрын
HOUSING BARONS .
@dianeirvine76246 ай бұрын
Cost of living effects all of us
@easytoassemble543216 ай бұрын
Lol. "Loorolls". Something virtually everyone can afford. Unlike houses. Can't help thinking the presenter has a property portfolio going. Bringing in 5% mortgages is a ridiculous idea, because there'll be no takers. Lenders will only ever lend you 4-5 x your salary; the rest you have to find yourself. For most average earners, that means they need a 40% deposit for today's house prices. So, what good is a 5% mortgage? It's a cynical move by Tories to do something without actually doing something. It's literal affordability and attainability of housing that needs to change; not changing the lending so more people become debt slaves.
@nameundefinedname53076 ай бұрын
"Can't help thinking the presenter has a property portfolio going" 10000%
@Ligerpride6 ай бұрын
I will never understand the consideration extended to landlords. The world would be a much better place without all but a small percentage of houses/homes owned by landlords. I'd exclude those who rent out a room in a house that they themselves live in.
@2525Hudson6 ай бұрын
Ok then, where will all the newly evicted tenants live ? Where are all the social houses and flats just waiting to be occupied ? Exactly, the govt would have to issue a tent to every family, wake up and smell the coffee
@Ligerpride6 ай бұрын
@@2525Hudson if the landlords don't own these properties then families will. The cost of housing is partially so high because the middle classes got it into their heads to buy houses for passive income. If these people just stayed out of it then there wouldn't be as much of a housing crisis.
@2525Hudson6 ай бұрын
Ok, i will agree with that, the 3 i have already sold went to first time buyers, 1 a family and the other 2 to couples, but the important thing is that my ex tenants had to go to the council for emergency accomodation, those who rent often cannot buy, those that can buy can also rent, but often choose not too. This is the whole problem, unless there is a ready supply of local authority houses and flats to take our ex tenants then they end up in expensive hotels. Its not as simple as it seems. @@Ligerpride
@Ligerpride6 ай бұрын
@@2525Hudson which is why I concede they have a place in the market. It's more a matter of proportion.
@2525Hudson6 ай бұрын
We agree. And as an aside i too think the balance for housing has gone too far towards the PRS, but the various govts of all colours have allowed this, it fits their agenda to spend no money and let the chips fall where they may, which is why we are in a such a mess, but targetting landlords and hounding us out of the market is fine, i am not crying poverty, don't let landlords say they are on their uppers, well the ones who got into it 20 odd year ago at any rate, we can always sell. Its the tenants who will have nowhere to go, they are being pushed into smaller and smaller spaces with more tenants and less properties, this just increases the prices, aka the toilet roll crisis in lockdown !! Its really that simple, we need a council house building programme similar to that after WW2, and we need to end the RTB for social homes. @@Ligerpride
@Ligerpride6 ай бұрын
Maybe I could interest the host in some loo roll that I bought and has been used and he can pay rent for using it too.
@edwardmiller38596 ай бұрын
He doesn't really know what he wants
@immicrypto36346 ай бұрын
😂 No, rates are higher, so banks have got greedy along with politicians. Honestly, the brain capacity of some of u.
@RockinJohnny3 ай бұрын
A business or not thats just like saying am alright Jack f..k you. People lifes are at stake here. Thing is wages and incomes are not going up, that is the problem and record levels of homelessness.
@matty5066 ай бұрын
I don't know any decent tradesman out of work which means we are building as much as we can already so unless we're going to start forcing people to go on a building site the only way to catch up is slow migration until we've got it under control.
@Aloh-od3ef6 ай бұрын
This is very easy to fix. Don’t allow landlords to charge more than 20% above the price of the mortgage! This allows the homeowner owner to make up to 20% profit and ensures a stable rental price for all.
@jjefferyworboys81386 ай бұрын
So if a landlord owned the property outright, it would be rent free ?
@ychill75606 ай бұрын
So who pays for repairs and vacant periods?
@captainflipflop88056 ай бұрын
@@jjefferyworboys8138no you pay 20% to the tenant just to live there 😂
@Ligerpride6 ай бұрын
@@ychill7560the person who bought it maybe!
@0ccam5Raz0r6 ай бұрын
@ychill7560 the idea is flawed but 20% on, say £1000, is an extra £200 a month. That's £2400 a year. That easily covers general repairs (not tenants responsibility for anything structural), plus a month's rent cover. It's a flawed idea but the above is true.
@AntonSmyth-od6rc6 ай бұрын
Oh well, get a better job. The world doesn't owe you anything. Work hard
@nasanasax37576 ай бұрын
This will all Change when ppl stop renting and landlod has to pay full morgageto banck and he will they say o teh idot paing me 600£ and i head to add 200£ was nice atlist i was Land Lodr now i have to sell :)))) ATM the morgage is just pased on to ppl that Rent !!
@spiderjeranimo49926 ай бұрын
Smart landlords don't have any morgages. If people want rent to go down, lower immigration, its a supply and demand issue.
@2525Hudson6 ай бұрын
Correct, the majority of us do not, my last one was paid off 2 years ago, which is when i started to sell them. @@spiderjeranimo4992
@randyvalantino68506 ай бұрын
If they bring in no fault eviction then the government should cover the rents if a tenant stops paying .
@2525Hudson6 ай бұрын
Even as a landlord myself that is not correct, we have a section 8 for rent arrears but its at the discretion of the judge where a s21 is a slam dunk as long as the paperwork is all in order, using a sec 8 can take longer and you can be tripped up with it more, that is why we want to keep s21, also you can use it for ASB where proof would be needed and neighbours etc will not wish to provide it. There is more detail to the section 8 but on the whole a s21 makes it much easier and easy for a landlord, is better for a tenant. No landlord evicts good tenants, not unless they wish to sell up, like a lot of us are doing right now, me included.
@randyvalantino68506 ай бұрын
@@2525Hudson A section 8 is for if the tenancy is mid term and the tenant stops paying . Most landlords give a 6 month contract and then after that just let it become a rolling contract . Any good solicitor who deals with evictions or giving notice will give this advice . If a tenant is in a rolling contract a landlord only needs give 2 months notice with a section 21 . If you get rid of the section 21 and add more costs to the landlord this will reflect in rent increases as landlords cover any possible court costs and solicitors fees. The more costs and risk you put on a landlord the more expensive the rents become and the more chance a tenant could stop paying . A section 8 is more costly than a section 21 . Plus a landlord is more likely to give people a chance if the section 21 is available. The demand for rentals is only increasing as landlords sell up , putting more pressure on landlords is really not a good idea . You cant give a section 21 if the tenancy is mid term you can only give it if there is only 2 months left of the tenancy agreement. To gove a section 8 a tenant has to be 2 full months behind so they could pay just £50 at the end of 2 months and make the section 8 redundant . A tenant could be constantly just less than 2 months behind and you cant give a section 8 . Working the system . At least a section 21 you can just say enough i want my property back .
@Jac706 ай бұрын
The business of private landlords should be outlawed. The toilet paper analogy is dumb. Toilet paper is a tangible product. Rent is just a way to turn existing money into more money. All the while driving up house prices.
@2525Hudson6 ай бұрын
Ok, let us go along with this line of thought, so private landlords are banned from say April 1st and on that day every single tenant has to move out of the LANDLORDS PROPERTY. I assume you have about 4.6 million social properties ready and waiting for them to move into, all in the right areas ?