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I always thought The Guardian was a bit more balanced than <a
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The Guardian regards ALL PRS LL as capitalist pigs who should be expunged from the country.
To be replaced by millions of cheap social housing
Where rich people would have to live next to council scuffers!!
You can be those guardian journalists will be holed up in their rather nice mortgaged town house in islington.
No social housing for them!!
they wouldn't wish to live next to the hoi poloi they wish to foist on every other private tenant.
Renting – Britain's social scandal that is being ignored
I am guessing Pat is just a bit annoyed that his landlady is not his cougar lol that has bought hima new suit "Soldier Soldier wont you marry me" because with a remark like "My landlady spends the money she gets from my rent on herself and not on the house I live in” he seems a touch shunned. Well! Pat that’s because you live there and it is your home and like the rest of us you should look after your home.
Landlords are not cheap hoteliers if we were we would be able to just boot you out when you did not pay the bills. It is this very portrayal of what is a tenants responsibility is that is wrong and if you live in a rented property for years then get a brush out and paint it, BOS earns interest out of me but I don’t expect them to come around and paint my house every year.
Unfortunately it is people like this that have media ability that will get through rent caps because they will suck up and do favours for those that can get it through parliament.
Brace yourselves people..
Paul Routledge CEO Tenant Referencing UK.Com
Rent caps will just cause lots of LL to cash in their chips and exit the market.
FTB might buy the former rental properties making renting even more problematic and expensive.
Of course the Guardianistas won't be renting; Mummy and Daddy will have provided the deposit for their nice little mortgages.
Very few LL are making any real profits; no more than the average savings account.
Very few tenants realise how parlous circumstances are for their LL and usually have NO idea what is required to maintain property for renting.
Rent capping will just cause these struggling LL to give up.
Restricting trade generally causes a decline in that industry with resulting less choice and lower standards.
Tenants had better be careful what they wish for; a return to the 80's would not be good for tenants.
There would mass homelessness and councils would face massive TA accommodation costs for all the newly evicted tenants as a consequence of LL selling up to FTB.
We would see a massive upsurge in B & B which costs councils far more than HB.
I would be happy to see rent caps and my profits fixed by government at let’s say 5% as long as the government extended that courtesy to everyone else, especially if I was automatically allowed to charge interest on arrears at 5% or evict a tenant without further lose after a month
Also we would all need to charge the same and not just landlords so, all must not be higher than 5% at any time by any lender for any loan or mortgage (That’s Wonga out of business), Vat is lowered to 5%, fuel tax reduced to 5% all the major supermarkets where we have to buy our foods profits would be capped at 5%, and so on and so forth - I think you get my drift!
After all If all the above were offered the same deal I would not need more than 5% to live because everything would halve in price. Now there is communism for you or even better what about nationalising the countries housing stock? Now there is an idea.
If this is not good old fashioned left wing spin, who uses the term in a national newspaper article “into the grubby hands of a rich landlord” apart from lefftie looney’s?.and then "but lo and behold it was snatched up by a landlord who already owns six properties in our street" "snatched" not just bought by, but "Snatched" and then snatched away from "A lovely young couple/person" how does he know they were not serial killers or the neighbours from hell but Oh no! they would have been "A lovely young couple/person"
OMG! what utter nonsense do we see caps on how many stores Tesco’s owns “No”! Yet we all have to eat.
Putting rent caps on rented property is tantamount to nationalising our housing stock. What if interest rates go up (sorry when) are they going to move all the caps up in line with that? and what about existing tenancies are they all going to come down in price and leave landlords with a shortfall on their mortgages.
Rent caps would not only be wrong they would cause utter mayhem in an already volatile and strained market, I got a better Idea Mr Collinson get government to look at using some of the 100’s of billions of Pounds it gifted to the banks at sweet FA % percent interest and start building new affordable housing and then as demand fell so would the rents charged by us “Grubby rich landlords”.
I think we need to tell Mr Collinson, that his lack of respect afforded to perfectly decent hard working people just because they earn a living out of investing their money into an asset and then selling on the services of that asset to another at the market rate is quite frankly shameful and does nothing to maintain comity between landlords and tenants. The people of this country relish in the freedom of our democratic society, a society which embraces and encourages people from all over the world to come and share in our freedoms, to be entrepreneurs and grow our economy, an economy lets not forget that is recovering from the last time it was spoiled by socialists and opinions like Mr Collinson’s are bordering on paralleling those of a socialist dictator.
Paul Routledge CEO Tenant Referencing UK.Com
Rent controls = the likes of me and many others going out of business. I guess I will be ok as we do sales as well, so we will benefit from all the landlords selling up, and I can diversify into sales personally, though its not my first love in property. Why dont they go back to regulated tenancies and really kill the PRS stone dead.
Tenants - be careful what you wish for .........
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