Martin Lewis stands up for renters on breakfast TV

ruggedtoast

Generali wrote: »

Who's scoffing? Renters often get a bum deal and I reckon that the chances are, as more and more people seem to be renting than buying, laws will be changed to give tenants more rights.

However, be careful for what you wish.

You scoffed at Martin.
:money::mad:

Generali

ruggedtoast wrote: »

You scoffed at Martin.
:money::mad:

It was a gentle mocking rather than a full throated scoff.

The difference is subtle, that I grant you. :O)

Mr._Pricklepants

Pete111 wrote: »

Get some perspective for goodness sake.

Yeah.
As with the "A cry of anguish" thread. I thought it was gonna be about the exploitation of South African miners, the genocide in DR Congo or the siege on Aleppo, but it turned out to be a whine from a renter who wants to have a doggy.

Fella

Percy1983 wrote: »

I still can't see how you can lose as a landloard

That simply means you have no idea what's involved. If "you couldn't lose" everyone would be doing it. Or investing in companies that do.

However the reality is that landlords can & do go bust.

ukcarper

Percy1983 wrote: »

I still can't see how you can lose as a landloard, a free house is a free house even if its final value varies.

I do still think the the word parasite does best described the relationship of most landlords and the housing market. The basic question are landlords in it for the good of the housing market or the good of themselves?

Honeymoon was loverly cheers.

I really can’t understand your resentment of landlord the returns are not that high any business is there to make money and charge what the market will bear.

In the seventies there was very little private property to rent and a lot of what was available was substandard.

Glad you enjoyed honymoon

　

ruggedtoast

Fella wrote: »

That simply means you have no idea what's involved. If "you couldn't lose" everyone would be doing it. Or investing in companies that do.

However the reality is that landlords can & do go bust.

One of my friends went through two in the same flat. The second time the court forgot to send him the eviction notice.

Then he moved to another flat and a few months later that landlord was being repossessed too.

It was east London.

chewmylegoff

Generali wrote: »

However, be careful for what you wish.

are you suggesting that ruggedtoast may one day become a "reformed marxist", invest in his own BTL portfolio, and come on here moaning about tenants' rights?

chewmylegoff

Percy1983 wrote: »

I still can't see how you can lose as a landlord.

it's quite easy to lose money as a LL, especially if you just pile into it because you see people making money out of it on the telly without doing any research and without having a clue what you are doing.

chewmylegoff

Pete111 wrote: »

Well, I'm not sure who to feel sorrier for, the residents of Damascus or those poor beleaguered renters...

I'm a landlord and have never treated any tenant other than how I would expect to have been treated myself when I rented. I imagine I'm not the only one who operates that way

Get some perspective for goodness sake.

i've rented loads of places. i think the worst thing that happened was that the LL of a place i lived in charged me £10 for ruining a grill pan which he said was in mint condition when i moved in. it wasn't, but the inventory didn't mention its condition so i don't think it was a dishonest attempt to stiff us, personally.

caringa

JonnyBravo wrote: »

That's just a part of the story though isn't it Percy.
You like to portray the innocent bystander but I'm not sure it all adds up.
For example you like to bandy around such provocative stuff as calling all us landlords "parasites". It's hardly surprising one of the nutters on here therefore wanted to return the favour and taunt you back.
It is now clear we homeowners are the losers in some financial scenarios thanks to ruggedtoasts highlighting of the issue. It therefore stands to reason as a landlord we stand a chance of being a loser twice over or worse!
Please bear that in mind in the future.
It's not all champagne and truffles you know.

p.s. Hope you had a nice honeymoon

Couldnt agree more. It certainly isnt all a bed of roses being a landlord! We win some and lose some when it comes to bad tenants and those that are good, we try and hold on to and treat them with the respect they deserve. On the other hand, we have had, and currently still do have, tenants who have set out to mislead us which has cost us both financially and emotionally. We have worked hard all our lives, saved where we could and gone without to try and make a small business but the road has been full of potholes along the way.

At the moment, we would willingly get rid of our few properties (which we have mortgages on incidentally) even if if meant having a more meagre lifestyle than we already do at present. However, we cant sell in the current climate so have to hang on in there!