Appalled Landlord

Registered with Property118.com
Thursday 31st October 2013


Latest Comments

Total Number of Property118 Comments: 994

Appalled Landlord

19:46 PM, 16th September 2019
About 2 days ago

Section 21 abolition stinks!

Reply to the comment left by at 16/09/2019 - 15:47
Hi Michael

You have got the wrong end of the stick. Luke is not the landlord, he is the agent, so he does not need advice on how to proceed. He is not bleating, he is posing a serious question.

The tenants have not been named, only Luke knows where they live, and I doubt they will read this article. What this is about is how could tenants who are not treating the property in a tenant-like manner be evicted without Section 21?... Read More

Appalled Landlord

15:51 PM, 16th September 2019
About 3 days ago

Lib Dem conference agenda calls for abolition of Section 21

Reply to the comment left by Whiteskifreak Surrey at 16/09/2019 - 15:10
Hi WS

I mean that the announcement of legislation to abolish Section 21 and create lifetime tenancies will prompt an acceleration in the exodus of landlords from the PRS. This will cause a further reduction in supply and increase rents. The poorest tenants will be made homeless. This has already happened because of Section 24, and councils cannot cope. Abolition of S 21 will aggravate the problem.

I was referring to what will happen before ASTs are replaced by assured tenancies, not what will happen when tenants are evicted from the latter.... Read More

Appalled Landlord

15:00 PM, 16th September 2019
About 3 days ago

Lib Dem conference agenda calls for abolition of Section 21

Reply to the comment left by Ian Narbeth at 16/09/2019 - 10:54
Thanks Ian

I have filled it in, making the following comments:

The abolition of section 21 will cause hundreds of thousands of landlords to sell their properties. Contrary to the claims of the organisation that calls itself Generation Rent, a large proportion of these will not be bought by landlords or by renters. The number of tenants evicted will exceed the number of renters who buy. Supply will go down, so rents will go up.

https://www.property118.com/generation-rent-tries-hoodwink-policymakers/

https://www.property118.com/generation-rents-dream-based-fallacious-theorem-trustee/

As landlords flee the market and rents rise, the poorer members of society will not be able to rent anything and will be put in "temporary" accommodation at considerable expense.

Councils will be even more overwhelmed than they are now.

They will select young professionals who only stay a few years and avoid families, the very group that the abolition of Section 21 is supposed to give peace of mind to, so as not to create lifetime tenancies which caused the private rented sector to atrophy in the last century.... Read More

Appalled Landlord

13:31 PM, 16th September 2019
About 3 days ago

Champagne Shadow Cabinet own multiple homes

“It is not Labour Party policy to stop people owning second homes.” Because the two top Marxists cannot agree.

Jeremy Corbyn is opposed to second homes and wants to double the council tax on them.
http://www.webnewsys.com/2018/09/second-home-owners-will-be-hit-by.html

John McDonnell thinks second homes are all right as long as they stand empty most of the time. But if they are rented out full time he will enable the occupants to take them from the owner at a discount which would be a loss to the owner and a windfall, unearned gain to the occupant - just for being there.

This contradiction will have to work itself out over time so that a synthesis can emerge from the thesis and antithesis according to the principles of Hegelian dialectic.

Or they could just ask Tom Watson.... Read More

Appalled Landlord

13:03 PM, 15th September 2019
About 4 days ago

Government theft of another's possessions is plain wrong

There is an interview with McDonnell in today’s Sunday Times. It is mostly about taxation, but includes the paragraph:

"McDonnell is similarly keen to face down criticism of Labour’s plans to let private tenants buy their homes, insisting they would have to do so at market rates: ”We would not allow anyone to lose out.”"
https://www.thetimes.co.uk/article/john-mcdonnells-plan-to-end-tax-avoidance-send-cunning-advisers-to-jail-52cbn7ln8#

Last Sunday he evaded Andrew Marr’s question “It would be fair market price?”, having just floated the idea of a “fair price assessment”.
https://www.property118.com/mcdonnell-and-marr-lull-landlords-over-rtb-on-behalf-of-the-labour-party/

A socialist government, led by Marxists, would have a very different idea from the market about what a “fair price” would be.

If tenants can obtain a mortgage and have saved a deposit they can already buy - at full market value - similar homes to those they are renting. So what would be the point of forcing their landlords to sell?  Was McDonnell lying to the Sunday Times about the policy?... Read More