Re: Bankrupt councils
Posted: Thu Jan 18, 2024 1:14 pm
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Tad harsh, it made me laugh to be fair.
Never feel embarrassed for me Scumlord.Daily Express bot wrote: ↑Thu Jan 18, 2024 7:59 amYou are either trying to antagonise me or are really showing your ignorance about the subject. If the latter, I feel really excruciatingly embarrassed for you.Joe315 wrote: ↑Thu Jan 18, 2024 5:49 amEnvious not a chance. Councils offer to do up places because scumlords won't cut into profits. Earn some money by graft rather than benefit from others Misery.Daily Express bot wrote: ↑Thu Jan 18, 2024 5:31 am
Only person who can buy that will be a cash buyer not reliant on a loan . Likely to be someone who wants a Buy To Let Investment. I have seen them go for a lot less that that in there though as it is such a poorly maintained block. You sound very bitter about private landlords for some reason you are not disclosing. You cannot accept that they play a very important role in supporting the local authorities house those they have a duty to accommodate .
Waltham Forest Council have a good working relationship with Private Sector Landlords, Landlords have Licenses and attend Seminars and gain Accreditation.
Waltham Forest also offer various grants to Private Landlords to improve their accommodation for tenants. The Council would hardly offer grants if Landlords were ‘scum’.
Grants such as these;
https://www.walthamforest.gov.uk/guidan ... 20services.
You can continue seething and being venomously envious but why not try and just improve your lot and feel better in yourself? I am always willing to offer advice and guidance as I know things.
I can reliably inform you that there are thousands of very satisfied private tenants out there who have an excellent relationship with their Landlord and mutual respect for each other and would find your bluster so far from the truth. There are all kinds of private Landlords. The ‘accidental’ one property Landlord who finds themselves with a flat say spare by inheritance possibly or have bought elsewhere with a partner and cannot sell their former home so decide to rent it out.
There are medium sized Landlords with say 10 to 100 properties and then there are the larger Landlords with several hundred. The larger one are a big business employing people. There will be a few bad apples like everything else but it is really difficult to be a bad Landlord these days as the penalties can be vast including:
Having property seized by councils who will manage them.
Having rent seized and fined multiple times the amount.
Being banned from being a Landlord.
Your adversity to private landlords may have been appropriate in the ‘Rachman’ years of the 1960’s but not in 2024, far too many saveguards thankfully with Licensing Regulations which ‘police’ the pitfalls you allude to.
Hopefully you mean the words Tickled you
Mick McQuaid wrote: ↑Thu Jan 18, 2024 12:56 pm I'm going to guess your finger, someone else's finger and a courgette.
The rental income may have increased but so has interest rates , property licensing, Agency Fees, building materials, insurance premiums and builder’s maintenance rates. All allowances have practically vanished due to George Osbourne so Private Residential Property Letting is not a good business to be in.Joe315 wrote: ↑Thu Jan 18, 2024 4:08 pmNever feel embarrassed for me Scumlord.Daily Express bot wrote: ↑Thu Jan 18, 2024 7:59 amYou are either trying to antagonise me or are really showing your ignorance about the subject. If the latter, I feel really excruciatingly embarrassed for you.
I can reliably inform you that there are thousands of very satisfied private tenants out there who have an excellent relationship with their Landlord and mutual respect for each other and would find your bluster so far from the truth. There are all kinds of private Landlords. The ‘accidental’ one property Landlord who finds themselves with a flat say spare by inheritance possibly or have bought elsewhere with a partner and cannot sell their former home so decide to rent it out.
There are medium sized Landlords with say 10 to 100 properties and then there are the larger Landlords with several hundred. The larger one are a big business employing people. There will be a few bad apples like everything else but it is really difficult to be a bad Landlord these days as the penalties can be vast including:
Having property seized by councils who will manage them.
Having rent seized and fined multiple times the amount.
Being banned from being a Landlord.
Your adversity to private landlords may have been appropriate in the ‘Rachman’ years of the 1960’s but not in 2024, far too many saveguards thankfully with Licensing Regulations which ‘police’ the pitfalls you allude to.
London landlords see rental incomes soar 32.9%
https://www.mortgagestrategy.co.uk/news ... soar-32-9/
It's the Scumlord business. No sympathy for the Cockroaches who profit.Daily Express bot wrote: ↑Thu Jan 18, 2024 4:39 pmThe rental income may have increased but so has interest rates , property licensing, Agency Fees, building materials, insurance premiums and builder’s maintenance rates. All allowances have practically vanished due to George Osbourne so Private Residential Property Letting is not a good business to be in.Joe315 wrote: ↑Thu Jan 18, 2024 4:08 pmNever feel embarrassed for me Scumlord.Daily Express bot wrote: ↑Thu Jan 18, 2024 7:59 am
You are either trying to antagonise me or are really showing your ignorance about the subject. If the latter, I feel really excruciatingly embarrassed for you.
I can reliably inform you that there are thousands of very satisfied private tenants out there who have an excellent relationship with their Landlord and mutual respect for each other and would find your bluster so far from the truth. There are all kinds of private Landlords. The ‘accidental’ one property Landlord who finds themselves with a flat say spare by inheritance possibly or have bought elsewhere with a partner and cannot sell their former home so decide to rent it out.
There are medium sized Landlords with say 10 to 100 properties and then there are the larger Landlords with several hundred. The larger one are a big business employing people. There will be a few bad apples like everything else but it is really difficult to be a bad Landlord these days as the penalties can be vast including:
Having property seized by councils who will manage them.
Having rent seized and fined multiple times the amount.
Being banned from being a Landlord.
Your adversity to private landlords may have been appropriate in the ‘Rachman’ years of the 1960’s but not in 2024, far too many saveguards thankfully with Licensing Regulations which ‘police’ the pitfalls you allude to.
London landlords see rental incomes soar 32.9%
https://www.mortgagestrategy.co.uk/news ... soar-32-9/
There ain’t much profit these days.Joe315 wrote: ↑Thu Jan 18, 2024 4:46 pmIt's the Scumlord business. No sympathy for the Cockroaches who profit.Daily Express bot wrote: ↑Thu Jan 18, 2024 4:39 pmThe rental income may have increased but so has interest rates , property licensing, Agency Fees, building materials, insurance premiums and builder’s maintenance rates. All allowances have practically vanished due to George Osbourne so Private Residential Property Letting is not a good business to be in.Joe315 wrote: ↑Thu Jan 18, 2024 4:08 pm
Never feel embarrassed for me Scumlord.
London landlords see rental incomes soar 32.9%
https://www.mortgagestrategy.co.uk/news ... soar-32-9/
32.9 % in London isn't much profit ?Daily Express bot wrote: ↑Thu Jan 18, 2024 5:07 pmThere ain’t much profit these days.Joe315 wrote: ↑Thu Jan 18, 2024 4:46 pmIt's the Scumlord business. No sympathy for the Cockroaches who profit.Daily Express bot wrote: ↑Thu Jan 18, 2024 4:39 pm
The rental income may have increased but so has interest rates , property licensing, Agency Fees, building materials, insurance premiums and builder’s maintenance rates. All allowances have practically vanished due to George Osbourne so Private Residential Property Letting is not a good business to be in.
How much is being wasted keeping scumlordsOmygawd wrote: ↑Thu Jan 18, 2024 5:18 pm Threads like this remind me why there is rarely any meaningful debate about social care, its complex nature and inter-dependencies and how it is potentially placing Council's under huge financial strain that can help contribute to bankruptcy. Better for a slanging match about Private Sector landlords to take place rather than contribute to the overall debate.
How much has been wasted keeping house prices artificially high?Joe315 wrote: ↑Thu Jan 18, 2024 5:45 pmHow much is being wasted keeping scumlordsOmygawd wrote: ↑Thu Jan 18, 2024 5:18 pm Threads like this remind me why there is rarely any meaningful debate about social care, its complex nature and inter-dependencies and how it is potentially placing Council's under huge financial strain that can help contribute to bankruptcy. Better for a slanging match about Private Sector landlords to take place rather than contribute to the overall debate.
Profits so high ?