steve sanders

Registered with Property118.com
Thursday 17th April 2014


Latest Comments

Total Number of Property118 Comments: 24

steve sanders

12:14 PM, 30th August 2015
About 5 years ago

Summer Budget 2015 - Landlords Reactions

@Ian I agree with @Barry, letter probably a bit long but I agree with the idea of writing to tenants.

We are sending a letter with all s21's we issue, blaming the budget for their eviction because the landlord is forces to sell. The letter also has a link to the petition.

(if you are wondering why we are evicting people, its because we are converting all our single family lets to multi-occupancy hmo's or studios, to increase cashflow to pay the extra tax. So if you are a tenant and want a flat to rent all to yourself, tough-luck, because all you are getting is a room!) ... I am in London, and I predict London Landlords will either sell-up (because their properties aren't suitable for multi-let conversion and yields are too low to afford the tax), or they will convert to multi-let. As a result London tenants will only be able to rent house-shares because this is the only way London landlords can make the returns necessary to pay the turnover tax.)

(BTW, I WAS a life-long Tory who has been shafted by the people I thought I identified with. I was a Tory member but have resigned. When the EU referendum comes, I am voting UKIP)... Read More

steve sanders

10:53 AM, 30th August 2015
About 5 years ago

A Level Playing Field Between Homeowners and Landlords

Ok, lets talk about level playing fields.

What about level playing field between individual landlords and LTD company landlords???

What about level playing field between individual landlords and Trust landlords???

What about level playing field between individual landlords and any off shore landlord entities (trusts, off-shore companies et)????

Comparing individual landlords with homeowners is ludricous. As individual Landlords we are now at significant disadvantage to other corporate entities... Read More

steve sanders

10:47 AM, 30th August 2015
About 5 years ago

Forced to become a tax exile?

George Osbornes "Alice In Wonderland' turnover tax WILL go thgrough.

"The Idiot Of Islington'' WILL become Labour Leader. (No one under 45 remembers how disatourous lefty policies are, and they will all vote for policies of, "free money for the idle by theft from the hard-working better off".

"The idiot Of Islington" WILL become PM, (Democracy is of course 3 wolves and a sheep deciding what to have for dinner. The wolves being the non-home owners and the wolves ofcourse becoming the majority)

Thos who survive the turnover tax will then have to deal with Robert Mugabae style asset conviscation.

SOLUTIONS:
-if you stay in UK BTL, get 6 month bank statements from prospective tenants. Don't rent to anyone with savings who could ever scrape together a deposit. And never rent out a single family unit. Always do HMO's. I would like to see someone exercise right to buy on a room in a houseshare!!!... Read More

steve sanders

12:13 PM, 23rd August 2015
About 5 years ago

Summer Budget 2015 - Landlords Reactions

Reply to the comment left by "KATHY MILLER" at "23/08/2015 - 11:44":

Just to rephrase what you said, they only knife you here if you have done well in a single generation. Remember, the super mega wealthy such as the Duke of Westminster pay nothing extra as a result of all this. These landed gentry have it all in trusts and passes from generation to generation untouched by tax. George Osborne will never touch these guys as his own personal wealth is also in trusts from his familes wallpaper business.... Read More

steve sanders

9:38 AM, 23rd August 2015
About 5 years ago

Summer Budget 2015 - Landlords Reactions

'No mention of this stupid change in the general election manifesto', people say.

Oh yes it was mentioned in the election campain

https://www.youtube.com/watch?v=YzGyEXPDQBI

Fast forward to 4:20 in the timeline of this car crash interview with Natalie Bennet, Green Party nutter.

Also
https://www.youtube.com/watch?v=9TYHhE7sgmg
(See 2 mins in)

The Green Party fielded more candidtates then at any other election and yet their manifesto was completely rejected by the electorate.

So what does it make George Osborne if he lifts policies from this sort of nutter who got a complete drubbing by the electroate???... Read More