Sick of this Nanny State

Doozergirl

Valuable input. Cheers, Rich, so glad you came.

How I got more thanks from my answer to your OP than anything I've ever posted (including the thread where people literally thank you just for posting) , I'll never really know, but I've given some pretty valuable 'money saving' input over the years and I wouldn't particularly rate myself on my reply, being the first, to your little rant, so I'm guessing that it was you setting the bar as low as about the mat.

Enjoy your upcoming weekend everyone.

richyj

BrassicWoman wrote: »

I'm a homeowner and I don't think you are well suited to a business which has such a great impact on others' well-being. Being in a society means taking care of each other.

Maybe put your money into tracker funds instead?

Are you qualified as a financial adviser ?

You should not be giving financial advise, as that is regulated also.... you could end up being sued.

richyj

Sammypooler wrote: »

Yeah F off.

Ignorant fool !

Crashy_Time

richyj wrote: »

ok, I am back...

I assume from all the moans, that the majority of you are all tenants, wishing to be owners but priced out of the market (never being able to raise a deposit to buy)

What I am saying is purely contract law. I write a contract, if you agree.... sign it and be bound to the conditions. You are free not to sign and look elsewhere there is no one pressurising you to sign. If you cant find anything suitable to rent then you have to move to a different area where the prices are cheaper. This is just the rules of supply and demand.

Yes, I know the sales market is bad and that nothing is really moving in the market. I have no intention of selling. I know a few people who have tried to sell and are either receiving offers 40k below the asking price or people messing them around. They have all removed their places off the market.

Due to the changes alot of Landlords are looking at other opportunities to invest, so there will be a shortage of properties available.... and then we have the supply and demand situation again.... demand will be high and the supply low... Landlords will be able to cherry pick...

In regards to the referencing costs.... lets imagine the tenant offers, but has to pass referencing, they advise they have good financial history, no ccj's, earn 70k per year etc... When they are referenced this tells a completely different story... they have wasted the landlords time and money referencing someone that is not suitable.

Can you explain that further, are you saying they will keep empty properties while investing somewhere else?

richyj

Crashy_Time wrote: »

Can you explain that further, are you saying they will keep empty properties while investing somewhere else?

Maybe some will.... but the majority will be sold.

richyj

So, let me get this right....

If a Tenant decides not to pay the rent and trashes the house. The LL can only serve a section 8 after 2 months of unpaid rent. Then the LL has to wait for a court day (pay fee's), then enforce the eviction (pay fees) then repair the house. The LL could be down 15k before repairing the house. But wait they have their 2900 deposit. Fat use when the LL has 25k+ out of pocket.

Sounds well regulated to me.

I prefer the old fashioned way.... Baseball Bat and a few broken bones.... Get the F out !

babyblade41

Urmmmm...I hate feeding a troll but sometimes I can't resist !!

I ran rather a large lettings business and although few residential most were industrial where we built specific buildings for specific business who would rent for 25 years ... your 700k house I suspect will be nearer the 400k mark in truth and you think you have a way of travelling for a year funded by the rent of said house

Wrong on every level .. the figures would never add up and you seem to have picked the clauses that don't suit you and passed the ones that do

It is a business and should be treated as one... when /if someone decides to choose your house to live in and you accept , it no longer is your home , it is that of the tenant and should be able to live there without hindrance and with the full backing of the law .

Your duties are to make the house conform to all legal requirements before and during that tenancy, and you must abide by current tax laws

You are clearly not able to do this and should remove this idea from ones bonce

Yalpsmol

I despise poor people too, OP. Dont worry about all these haters. Get them out of London, I say.

Why would someone want to live in a 700k house for only a year? Agree with a previous poster that what you are looking for is a housesitter, but who pays you. If you want someone to look after your house, you have to pay them.

lookstraightahead

From what you are saying op, I would suggest you forget renting your house out and go on some kind of calming retreat. Maybe climb a few mountains, backpack or practice meditation.

Davesnave

richyj wrote: »

I prefer the old fashioned way.... Baseball Bat and a few broken bones.... Get the F out !

Only a few tenants would do that to you, but the risk is still there...;)


Seriously, you've shown your hand now. You aren't worthy of more time here.

Unsubscribed.