The Rise and Rise of Buy To Let.....

robmatic

geneer wrote: »

A less honest person might.

Its a strange thing JB, but the general rule of thumb on most HPC forums is that its the so called bulls who find themselves prone to self aggrandisement, boasting, etc.
Common or garden short man syndrome in other words.

Gosh, its almost as if they're compelled to try and make up for previous mistakes.

As for myself, well its clear that the Bullish have a strange gloating fascination with rents. And its clear why.
So to most objective posters its likely clear why an appropriate response is justified and apposite.

Loving the unknowing irony. Keep up the good work! :beer:

JonnyBravo

Jimmy_31 wrote: »

By using a mate to get the rental and then hand me the keys. saying that i may as well just squat when the time comes because it costs nothing.:)

Sure, so he won't mind CCJ's against him?
Oh and the laws on squatting are currently out to consultation. I'd get your letter in to maintain those squatters rights if I were you.

Jimmy_31

JonnyBravo wrote: »

Sure, so he won't mind CCJ's against him?
Oh and the laws on squatting are currently out to consultation. I'd get your letter in to maintain those squatters rights if I were you.

I dont think he will be ar5ed about getting a ccj as he has just recently walked off site because he can no longer earn enough money to keep his rental so he has to live with his parents up until february when they leave their rental and emigrate. This lad is a fully qualified plumber who is going to be homeless come february, lots of the other lads have gone back to their parents but wont be staying long term they say.

No his parents are not evil by leaving him homeless as he has stopped them from cancelling all their plans for retirement as he sees no reason why their lives should be affected by the corruption in this country and his plan is to see what happens come february.

More and more working people i know are getting nowhere in this country so good luck policing a new squatting law when there are thousands upon thousands of people starting to do it or contemplating doing it because they have no choice, cant see many going to jail for it seeing as there are 3 or 4 jail cells remaining at last count:rotfl:

geneer

robmatic wrote: »

Loving the unknowing irony. Keep up the good work! :beer:

So you say. But I'm guessing you won't love explaining the unknowing irony.

Keep up the unsupported assertions rob.

IveSeenTheLight

Jimmy_31 wrote: »

I think it will only take 12 to 18 months of doing that and then house prices will be back to levels that the working man can afford and i can buy one outright with my house deposit.

How will you retain your deposit after you've been adjudged to pay your outstanding costs and court fees?

geneer

geneer wrote: »

So you say. But I'm guessing you won't love explaining the unknowing irony.

Yep. Thats what I thought.

Jimmy_31

IveSeenTheLight wrote: »

How will you retain your deposit after you've been adjudged to pay your outstanding costs and court fees?

How can i pay court costs if i have no longer got one single penny to my name, that would have dissapeared somewhere safe before i started the process.

robmatic

geneer wrote: »

Yep. Thats what I thought.

Sorry, have a life which doesn't involve spending my entire weekend obsessing about an internet forum.

heathcote123

Jimmy_31 wrote: »

Thats great news hamish, we are getting to the stage were we need to be, all the rentals are almost gone, cant afford a rental anyway, cant buy a house so what are we supposed to do now.

Once my work totally drys up i think ill get myself the best rental i can find from the landlord with the most BTLs and pay him the deposit to get the keys and then pay nothing else after that, get evicted months down the line and then just do it again. I think it will only take 12 to 18 months of doing that and then house prices will be back to levels that the working man can afford and i can buy one outright with my house deposit.

Im glad i havent got any money tied up in BTLs in my area because thats not even my idea above, but i do admit id rather do that than freeze to death on the streets. wont be long now:)

Is there a drama queen of the month award on this board?

madalice

IveSeenTheLight wrote: »

Well, let's look at this.
Part of the reason why I have invested into BTL property is to provide security for my family.

I have children and by securing property now, I'm helping to provide for my children if needed.

You may think this is selfish, but that's life.
Looking after and providing for your family is one of natures attributes.

This is exactly what my husband and I have done. We could just about have been mortgage free by now but we chose to lock ourselves into another 20 years which will take us to 65 and 63 respectively. It wasn't an easy decision, we probably bought when prices were at their highest but we both recognised it would be a long term investment. Our children are now 17 and 15 and will hopefully go to Uni but with the amount of debt they will come out with they'll be lucky to secure a mortgage. And I'm certainly not going to apologise to anyone for working my @ss off to help my kids.