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lol
No need of popcorn too busy laughing!0 -
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Yes you can but don't expect to get any really good tenants. Good tenants don't rent ex council properties. They prefer to rent properties that have never been owned by any council. So you are going to have to research very carefully the obligations of being a landlord because you are likely to get tenants who don't pay the rent and who wreck the place. If you had wanted a buy to let you should have bought a private property that had never been owned by the council not a council flat. You may find that this particular flat is going to be more trouble to let than it is worth.
I'd be very interested to know what evidence you have to support this ridiculous theory.
I have ex-council properties which I rent out to excellent long term tenants. I've never had any difficulty finding tenants, in fact I usually have several good applicants to choose from.
The reality is that my tenants specifically choose to rent ex-council properties as they are in the communities they grew up in and they want to stay close to family. They usually would not be eligible for social housing so they are a perfect fit.
And just for the record I have never acquired any of my properties through Right to Buy - they were already in private ownership when I bought them. In fact my Local Authority now sells all their older housing stock as soon as it falls empty via auction or subsidised housing purchase schemes for first time buyers.0 -
I'd be very interested to know what evidence you have to support this ridiculous theory.
I have ex-council properties which I rent out to excellent long term tenants. I've never had any difficulty finding tenants, in fact I usually have several good applicants to choose from.
The reality is that my tenants specifically choose to rent ex-council properties as they are in the communities they grew up in and they want to stay close to family. They usually would not be eligible for social housing so they are a perfect fit.
And just for the record I have never acquired any of my properties through Right to Buy - they were already in private ownership when I bought them. In fact my Local Authority now sells all their older housing stock as soon as it falls empty via auction or subsidised housing purchase schemes for first time buyers.
I will admit that it depends on the bit of Manchester. I can think of some bits where you wouldn't want to go really.... The sort of bits where you would be able to afford an ex council flat and buy it with cash.....
The bit of greater Manchester where we let property council housing is hard to sell when it has been bought under Right to Buy because people who had relatives that used to live in council houses want to rent and buy something better. Only poor people who can't afford anything better either rent or buy ex council housing. Also some of the council housing estates are not where people aspire to live they get out as soon as they can.0 -
GRRRR Rent out your rtb home? Its an outrage GRRRR. You paid cash? GRRRRR.
Posters one and only post designed to provoke very predictable responses with a question easily answered by google.
Its our regular rtb troll.0 -
The privet may be a problem. Make sure it is well trimmed so tenants can see their car from the window.'Get Brexit done' is a lie[
"Your deal won’t get Brexit done, Mr Johnson. It gets you to the start line, and then the real tough stuff begins"
Betty Boothroyd0 -
Will you let them bury their dog in the garden?0
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Norman_Castle wrote: »GRRRR Rent out your rtb home? Its an outrage GRRRR. You paid cash? GRRRRR.
Posters one and only post designed to provoke very predictable responses with a question easily answered by google.
Its our regular rtb troll.
Indeed and never to return.0 -
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