BOE warns on house price correction

Conrad

I am selling one I completed on a week ago. 20% instant profit!


BTW I selling due to this particular London borough having just decided to regulate the lettings market which will mean considerable cost. I am a responsible LL that cannot do enough for his tenants, I resent nanny tapping me on the shoulder.

Graham_Devon

Conrad wrote: »

I am selling one I completed on a week ago. 20% instant profit!


BTW I selling due to this particular London borough having just decided to regulate the lettings market which will mean considerable cost. I am a responsible LL that cannot do enough for his tenants, I resent nanny tapping me on the shoulder.

Surely if you are a responsible landlord you will meet, if not surpass the regulation requirements.

So bar the regulatory fee (most business have these to pay) what would it cost you?

Sounds like you are throwing the baby out with the bathwater here. Either that, or you know you wouldn't pass, and therefore would have to spend money - in which case you can't be that responsible a landlord?

Wasn't it fire safety measures - standard in most business - that you took offence to implementing?

wotsthat

Graham_Devon wrote: »

Either that, or you know you wouldn't pass, and therefore would have to spend money - in which case you can't be that responsible a landlord?

You do love it up there on the moral high ground.

A business owner that either can't meet (or doesn't want to meet) new regulatory requirements withdrawing from the market? What's irresponsible about that.