Buy to Let trash

satyc

I didn't inherit, I bought my property to live in but with having to relocate to a job over a 100 miles away, I decided to change it to a rental and have a future investment.. so how would you classify me??? My previous tenants were there for over 8 years and I didn't increase the rent in all that time even though my BTL mortgage increased.
I don't think it's a BTL monopoly I thinks it's circumstances forced on people....

pocketrocket1

What a load of rubbish!!!! get off your soap box and join the real world.........There is alway at least two ways of looking at things people, who can not sell or inherit a house are sometimes forced to let it out this is true. Do you think that these reluctant land lords will keep the house (with you in it as tenant) it they do find a buyer? how much security will this give you????
Buy to let landlords that buy a property to let ( does what it says on the tin) want long term tenants providing both the tenant and landlord with security. (in my limited experience they often will accept slightly lower rents it the tenant is long term and makes the place their 'home' )

climbgirl

Bit of a generalisation there. My last landlord had about 4 properties which he had as investments - but he saw the value in having good tenants who looked after the place, paid the bills on time etc. So the rent didn't move up in price for about 8 years (and still hasn't as far as I know).

My current landlord is the same - the property we rent is her investment, but she likes having us as tenants and is going to keep the rent at the same level to keep us happy and build a long-term relationship.

Not all landlords are evil!

Cyril

satyc wrote: »

I didn't inherit, I bought my property to live in but with having to relocate to a job over a 100 miles away, I decided to change it to a rental and have a future investment.. so how would you classify me??? My previous tenants were there for over 8 years and I didn't increase the rent in all that time even though my BTL mortgage increased.
I don't think it's a BTL monopoly I thinks it's circumstances forced on people....

Me too. I was made redundant and wanted to make sure I didn't fritter the money away so used it as a deposit on a BTL flat. I have had the flat 5 years now and haven't once increased the rent because the tenants I have had have been lovely and its a two way street. You look after them and they look after your property.

ivavoucher

I am thinking about becoming a BTL landlord and would like to know if there are any estate agents out there that do not deal with Tenant_Trash
I don't want anyone sent round to view:

That are stupid or have chips on their shoulders.

SpeedSouth

B_Blank wrote: »

Hi,

.. with one of these idiots with 100 properties, renting them out thinking they are some big shot

If they own 100 properites I would say they probably a a much bigger shot than you!!

Cyril

ivavoucher wrote: »

I am thinking about becoming a BTL landlord and would like to know if there are any estate agents out there that do not deal with Tenant_Trash
I don't want anyone sent round to view:

That are stupid or have chips on their shoulders.

Love it :T

tbs624

B_Blank wrote: »

Hi,

I have been looking for a place to rent for a while.

My problem is that almost all the places I look at cost alot of money to rent, and all are offered by serial landlords who probably bought the property to let it.

That's whatmany LLs do tend to do...........

B_Blank wrote: »

I am not a mean or horrible person, but I simply can't stomach paying rent to pay off mortgages (+some) of buy to let landlords who I genuinely think are the worst people in society today.........

Is there an estate agents out there which only deals with properties that are rented out by normal people (i.e. someone with a property they inherited, or they moved and couldnt sell so rented it out)? Maybe a site where people rent out rooms in their own houses?

I'm guessing you're in your late teens/early 20s. I think that you haven't thought out your "logic".

If someone "can't sell"a house, what that generally means is that they can't sell at the price that they(the vendor) think the property is currently worth.

That goes for a property that someone may have inherited or one that has until recently been their own home. In the case of the moving out/letting out brigade especially you will be paying their mortgage for them and they will probably expect you to oblige by showing round their potential buyers during the course of the tenancy

By hanging on to either of those properties surely the owners too are keeping available properties from young people who want to get "on the ladder"?

They are holding on to a property that is in excess of their personal needs and will make money, one way or another, from letting it out.

I just see buy-to-let as the reason many of us young people are screwed out of buying a house and pushed into paying abnormally high rents because the buy to let scum have a monopoly on rental properties. And I do not want to reward these people.

It's really not that straightforward.

Why not look at getting a motor van instead?

Cyril

adam81 wrote: »

If they own 100 properites I would say they probably a a much bigger shot than you!!

Equally love it.


Poor sod probably regrets posting now

tbs624

adam81 wrote: »

If they own 100 properites I would say they probably a a much bigger shot than you!!

Let's make that "own".........;)