Accidental Landlord

Registered with Property118.com
Friday 7th August 2015


Latest Comments

Total Number of Property118 Comments: 13

Accidental Landlord

11:13 AM, 10th September 2015, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Reply to the comment left by "Trendo " at "09/09/2015 - 23:32":

I completely agree Trendo with your statement, but alas I live in Tory heartland and am surrounded by PC highly tolerant folk so these views are held by middle earning families! The same folk who voted in the Tories the first time round 6 years ago and it wasn't until they removed many of their working child tax credits a year or so later and more recently cut their Child Benefit when they reached a higher tax threshold, that they then realised the full implications, but again that was ok too!!! So it won't be until this nonsense tax is implemented, say at 50% and they then get pushed into higher tax codes, that it will be FELT - for now my arguments are falling on deaf ears and many are LLs, albeit with 1 property and new to the arena! The loss of W&T coupled with the proposed changes to a system that has been around since I worked abroad in the 90s and rented out my flat in London (hence my accidental title) will unleash havoc and is simply UNFAIR for those that have been able to build up a little empire on this system. I hasten to add it is most definitely NOT my view as I can readily see the perils in this especially for those in social housing.... Read More

Accidental Landlord

21:58 PM, 9th September 2015, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Ros I didn't think about painting kitchen cupboards when I was sorting out a "repo" last year and instead had a local joiner replace the kitchen doors after scrubbing cupboards which had never seen the sight of bleach in their 10 years (so imagine my surprise this year when the new tenant actually moaned about the new doors not closing properly). I LOVE your idea of sharing cheaper practices, because as we all know you're just caught up "in the thick of it" limited by time constraints. Have u considered claiming on your insurance for the cannabis headache? And I agree that HMOs/bedsits are now the future to keep this business viable and "family" homes will become a new luxury in the PRS with stiff rental increases to cope with the tax. Social housing which basically does not exist will become caravan / spare room guests as that is all the rent will afford. Connie I hope you have a lock on your bedroom door having read some of your earlier spare room lodger's confusion!... Read More

Accidental Landlord

21:27 PM, 9th September 2015, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Mark I disagree with you that the survey is a complete farce and pumped up by the HPC. Local family homeowners around me in the 'burbs are worried sick about how their little kids are one day going to afford their own home, with it being approx. 10 times a salary and fast climbing. Whilst "regular" families are scraping by on one f/t wage and one p/t wage, mortgage payments coupled with higher childcare payments, in addition to the normal range of daily bills are making life very tough for a lot of middle earning families, but naturally hidden behind mounting credit card debt. So much so that under Cameron's last reign, families broke up due to the continued financial pressure and instead the separated parents moved into smaller homes in the PRS, with a split deposit in the bank for each of them, whilst again now hoping that prices do indeed crash, not least as their rent far exceeds their earlier mortgage repayments, but for now the p/t earner gets housing credits and childcare credits providing they work x hrs a week. Also, newer LLs around me positively welcome this nightmare proposal as a fair and decent thing to do for future generations, as its only a little bit of extra tax, but they have not been in the game 2 years let alone 20 years, so have yet to experience nightmare tenants or higher interest rates.... Read More

Accidental Landlord

11:56 AM, 8th September 2015, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Today sees the debate of the Syrian Refugee crisis where Cameron has now pledged to take 20,000 as a starting point through his second term of leadership. This is now happening at a time when my local newspaper's FRONT page article screams out "Homeless Crisis: We Got it Wrong" asking for help/advice from LLs etc to look at viable ways to ease our housing shortage such as using caravans, office blocks etc and interesting that local families are being forced further afield into B&Bs as far as Stansted, Reading, Cambridge etc. This article very clearly demonstrates that one hand does not know what the other is doing in terms of our government leadership and I expect more of these headlines in all our towns going forward. Darren Bell a great article for your meeting with Mark Lancaster MP when the time comes. (http://www.miltonkeynes.co.uk/news/community/community-news/homeless-crisis-we-got-it-wrong-1-6937201)... Read More

Accidental Landlord

17:00 PM, 25th August 2015, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Barry Fitzpatrick - I think a fair solution to landlords is that the rent a room scheme amount to be applicable to each property that is rented. Or going forward, on NEW purchases, a Land Tax Levy is payable for all those who have decided to continue in the BTL game, so therefore no FTBs are affected by the supposed actions of LLs.... Read More