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Landlords to be Licensed
adr0ck
Posts: 2,374 Forumite
Private residential landlords could face mandatory licensing as part of proposed wideranging reforms to the fastgrowing rental sector that include tougher regulation.
http://www.propertyweek.com/story.asp?sectioncode=297&storycode=3125902&c=1
http://www.propertyweek.com/story.asp?sectioncode=297&storycode=3125902&c=1
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Comments
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I welcome it.In an Acapulco hotel:
The manager has personally passed all the water served here.:rotfl:0 -
Private residential landlords could face mandatory licensing as part of proposed wideranging reforms to the fastgrowing rental sector that include tougher regulation.
http://www.propertyweek.com/story.asp?sectioncode=297&storycode=3125902&c=1
I was expecting bad news from the link but actually it's good news, although I would not welcome jumping through the licensing hoops which would be a pain and no doubt attract yet more fees, however it would be ok if it cleared out some of the competition.
Obviously good news on the stamp duty and CGT but I am not going to hold me breath on that one lol0 -
Brilliant the brutish rental system needs to be brought into line with the rest of europe.Making money online in 2009 to date earnt:
Since January 2009
£35 Searching for stuff
$11 Clicking on stuff0 -
Could I enquire? Are you one of those that rages with envy everytime you have to pass over hundreds of pounds per month to someone else who actually owns the place you live in?Leighthal wrote:I welcome it.
Or are you one that actually read the link, and receives that money already from others?The report gives a boon to the buy-to-let market by saying the government should consider tax changes to encourage a growth in 'good' landlords. This includes changes to stamp duty and capital gains to encourage landlords to buy more properties."Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100 -
Could I enquire? Are you one of those that rages with envy everytime you have to pass over hundreds of pounds per month to someone else?
Or are you one that actually read the link, and receives that money already?
I'm someone who has a second,unmortgaged property,who can't seem to sell in this current climate and thinking of letting it out(already have two interested parties).
So in answer to your question,I am 'almost' the latter.In an Acapulco hotel:
The manager has personally passed all the water served here.:rotfl:0 -
From the report:
"The report gives a boon [sic] to the buy-to-let market by saying the government should consider tax changes to encourage a growth in 'good' landlords. This includes changes to stamp duty and capital gains to encourage landlords to buy more properties."
OK, I can see what this is about.After the uprising of the 17th June The Secretary of the Writers Union
Had leaflets distributed in the Stalinallee Stating that the people
Had forfeited the confidence of the government And could win it back only
By redoubled efforts. Would it not be easier In that case for the government
To dissolve the people
And elect another?0 -
I suspected this thread would die a sudden death once the other part of the report was highlighted :rotfl:"Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100
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I would also suggest a licensing scheme for tenants. Then we could have a utopian system of the good licensed tenants could rent from the licensed landlords, and the remaining scum can rent from the cowboys. Seems fair to me.Don't lie, thieve, cheat or steal. The Government do not like the competition.
The Lord Giveth and the Government Taketh Away.
I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)0 -
when we are at it shouldn't we licence letting agents as well"Do not regret growing older, it's a privilege denied to many"0
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I was expecting bad news from the link but actually it's good news, although I would not welcome jumping through the licensing hoops which would be a pain and no doubt attract yet more fees, however it would be ok if it cleared out some of the competition.
Obviously good news on the stamp duty and CGT but I am not going to hold me breath on that one lol
But the fees would be passed on to the tenant, by way of increased rent; wouldnt you agree?0
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