Been refused consent to let by Halifax

new_home_owner_3

phlash wrote: »

You have quoted one of the highest arrangement fees there. Granted that the median is probably 2.5%, but there are still deals at under £1k.

Long may they continue to be high, so long as that deters selfish Landlords.

Those fees are part of the setup cost, and are by no means the kind of barrier to entry that should put off a long term BTL investor.

so i take it your buy to let investments have been put on hold due to the high fees?

You was the one who mentioned circumstances?

phlash

new_home_owner wrote: »

Im not here to give advice, im just saying what i would do, we are all different, but some people just seem to get a bee in their bonnets because some people take risks and get away with it, i could understand if it was someone who had done it and got caught saying dont do it this will happen.

But its from some person who is not willing to take the risk themselves and tries to scare everyone else not to do it it, because bottom line their jealous they never done it themselves.

I personally dont think she wil get into trouble has long has the mortgage is paid, but thats my opinion, im not on here to give advice and dictate to people you obviously are.

LOL - I'm quoting LAW!!!! Complain to the state about dictatorsip not me!

You are not evaluating risk, you are evaluating the chances of being caught committing fraud! A risk assessment for BTL is entirely different.

You are making yourself sound very ignorant, stubborn and extremely selfish.

new_home_owner_3

phlash wrote: »

Long may they continue to be high, so long as that deters selfish Landlords.

Can you explain a little more what are selfish landlords???

I take it you are a landlord, and what makes you different to any other landlord? if most of them are selfish ones lol:rotfl:

phlash

new_home_owner wrote: »

so i take it your buy to let investments have been put on hold due to the high fees?

You was the one who mentioned circumstances?

Not at all - they are full steam - but I'm doing it properly, with the tenants in mind unlike yourself!

The circumstances would be more than just fees LOL. % of property for sale, £££'s, management of let, personality of co-investor (for which if it was you I would walk away immediately), co-herent 5-10 year plan, agreement on decision making processes.....the list goes on. Fees is just but a small part of the present value calculations of future income streams - but to you obviously is the only circumstance you can think of.

new_home_owner_3

phlash wrote: »

LOL - I'm quoting LAW!!!! Complain to the state about dictatorsip not me!

You are not evaluating risk, you are evaluating the chances of being caught committing fraud! A risk assessment for BTL is entirely different.

You are making yourself sound very ignorant, stubborn and extremely selfish.

your not quoting law your quoting what it says in the mortgage providers terms, its not law.

The person will make their own mind up no matter what we say they are a grown adult, if anyones been selfish its you, this is a debate, im not dictating what the person should do you are, im saying what i would do in the circumstances.

Now leave it, your getting very flustered, you obviously dont like anyone getting into buy to let has every other landlord other than yourself is a selfish one, just because your btl empire has come to a stop due to high fees, let others have a go, if you want to do it proper and it means you cant then tough titty, but y
ou dont need to keep banging on about it.

VIGILANT22

new_home_owner wrote: »

Im not here to give advice, im just saying what i would do, we are all different, but some people just seem to get a bee in their bonnets because some people take risks and get away with it, i could understand if it was someone who had done it and got caught saying dont do it this will happen.

But its from some person who is not willing to take the risk themselves and tries to scare everyone else not to do it it, because bottom line their jealous they never done it themselves.

I personally dont think she wil get into trouble has long has the mortgage is paid, but thats my opinion, im not on here to give advice and dictate to people you obviously are.

You and this site are neither regulated to give advice...ALSO the purpose of this site in not for deception....However one thing I hope your posts do achieve is...if any readers on here are tenants they will double check with landlords they do have the correct permissions etc and stay away from "amateur" type landlords who couldn't give a damn about tenants..

new_home_owner_3

phlash wrote: »

but I'm doing it properly, with the tenants in mind unlike yourself!
.

hin

What makes you think i dont do it properly? Just because i said if my bank would not have gave me consent to let i would have let anyway, how can that be bad for my tenants?

Your one bitter landlord

phlash

new_home_owner wrote: »

Can you explain a little more what are selfish landlords???

I take it you are a landlord, and what makes you different to any other landlord? if most of them are selfish ones lol:rotfl:

Sure.

Someone who doesnt say they can get their tenants out pronto if the bank caught them committing fraud is one that springs to mind.

Rent reduction schemes are another

Community investment programmes

Excellent quality furnishings at reasonable rental rates

Honest dialogue

LAW ABIDING!

Ensuring all insurances cover the tenants

Making myself available to surrounding homeowners in order to communicate about tenants

Keeping myself up to date with all regulations etc

Reporting all appropriate profits to HMRC

Not charging people for wear and tear

Quickly making available people's deposits

Shall I continue......?

new_home_owner_3

VIGILANT22 wrote: »

You and this site are neither regulated to give advice...ALSO the purpose of this site in not for deception....However one thing I hope your posts do achieve is...if any readers on here are tenants they will double check with landlords they do have the correct permissions etc and stay away from "amateur" type landlords who couldn't give a damn about tenants..

read my post numb nut, where do i say i havent got consent.

new_home_owner_3

phlash wrote: »

Shall I continue......?

i would because really thats what most landlords should do, what makes you so different and special to other landlords?

I know what does make you different, you are jealous of anyone becoming a landlord has you think it will effect your empire, thats why in your eyes most landlords are selfish ones, your just a pr!ck!!!