Right to buy tenant plan to cost LLs £50 Billion

MobileSaver

The-Joker wrote: »

Yes of course roofs really do last forever and never ever need any repairs

No, they don't last forever but as an example my slate roof is almost 100 years old and will easily out-see me; contractors working in the attic often comment on the excellent condition of the timbers and slates.

I didn't say they never need repairs. I've replaced a number of slates over the last few years; a stack of matching slates came with the house so job done with a ladder, some nails, a £20 roll of lead and an hour or so of my time - not quite the £40,000 the HPC nutjobs would have you believe all home-owners pay out every few years! :rotfl:

mayonnaise

MobileSaver wrote: »

The "£40k new roof" is another urban myth from the HPC crowd; in 30 years of home ownership with multiple properties I have never once replaced a roof or know anyone who has.

I had mine replaced a year ago.

- erect scaffold
- remove existing felt, ridge & roof tiles and battens
- fit new felt & battens
- fit new roof tiles
- relay verge & point
- lay new ridge tiles
- clear all rubbish
- remove scaffold

11,800 incl. VAT for concrete tiles
13,200 incl. VAT for clay tiles

That's for a 4 bed detached.

'40K roof' :rotfl:

Sailtheworld

Don't forget the boiler that needs replacing every year...

chucknorris

mayonnaise wrote: »

I had mine replaced a year ago.

- erect scaffold
- remove existing felt, ridge & roof tiles and battens
- fit new felt & battens
- fit new roof tiles
- relay verge & point
- lay new ridge tiles
- clear all rubbish
- remove scaffold

11,800 incl. VAT for concrete tiles
13,200 incl. VAT for clay tiles

That's for a 4 bed detached.

'40K roof' :rotfl:

I also replaced a large 3 bed detached house roof, and also new guttering, fascia and soffit boarding for £19,000 last year (clay tiles). Including cutting off the ends of rafters and bolting on replacement rafter ends.

chucknorris

The-Joker wrote: »

Yes of course roofs really do last forever and never ever need any repairs

This is the latest myth from the perma prop bull crowds

Are you really saying that you are unaware that the landlord's maintenance costs are covered by the rent? Do you imagine when we submit our tax returns and pay tax on rental profit of over £100k every year, that we have not deducted our maintenance costs?

Rich2808

Alternatively Labour right to buy tenant plan saves first time buyers £50 billion?.....

There are 2.5 million landlords in the UK - and presumably 60 million plus who aren't - and a lot more renters/young people. Do the maths about where the votes are!

Not saying I agree with this specific policy as it won't work in practice - but lets not break out the violins for poor landlords as their days of generous tax breaks and making easy cash on the back of others productive work are coming to a halt.

GreatApe

Rich2808 wrote: »

Alternatively Labour right to buy tenant plan saves first time buyers £50 billion?.....

There are 2.5 million landlords in the UK - and presumably 60 million plus who aren't - and a lot more renters/young people. Do the maths about where the votes are!

Not saying I agree with this specific policy as it won't work in practice - but lets not break out the violins for poor landlords as their days of generous tax breaks and making easy cash on the back of others productive work are coming to a halt.

3 million landlords
3 million wives and husbands of landlords
6 million of their children

12 million !!!!ed off voters who actually vote

Plus people who generally don't like the idea of the state confiscating assets one way or another
If they do this to landlord business they will think am I next?

MobileSaver

Rich2808 wrote: »

Alternatively Labour right to buy tenant plan saves first time buyers £50 billion?.....

£50 billion paid for by tax-payers, I think most people can think of better things to spend that sort of money on especially when that £50 billion just gets paid to landlords.

Rich2808 wrote: »

landlords ... making easy cash on the back of others productive work

Oh purleease! Someone has been spending far too long on the HPC site...

kinger101

RealElement47 wrote: »

Possession is nine tenths of ownership.

You never really own your property, you just rent off the government where it is located. Just stop paying your property taxes and see who really owns your property.

Cash stamped Governments like to tax or confiscate things that can't easily be moved. Property owners can't easily transport their property to another location. All they can do is sell up now, and buy silver bullion or something that they can take out of the country before the big confiscation begins.

You seem so incredibly dense that you should change your name to RealElement82.

The quote is actually property is nine-tenths of the law. I'm not sure why you've cited it, but it does not mean the government can take what isn't theirs. Particularly not where its legal ownership can be established. You clearly can own property. And it's ownership is documented.

As far the original post, Labour's policy is irrelevant because;

(a) they're likely to come 4th in the next General Election. Corbyn is the least popular lead of the opposition that has ever existed. Swathes of previously loyal members of the Labour party will vote Lib Dem/Green/Plaid/SNP rather than for Corbyn. To swing voters, even in comparison to what appears to be the most dysfunctional government ever, he's electoral kryptonite.
(b) in the extremely unlikely event they won a majority, they wouldn't get it through the commons. Too many Labour MPs have rental properties.
(c) it certainly wouldn't get through the House of Lords
(d) it would crumble at the first legal challenge.


BTW, the current price of silver is $595 per kilo. If one were to sell the average UK house (£232,710 according to land registry), they'd need to covert that to about 500 kilos of silver bullion. If that didn't arouse the suspicion of UK authorities when trying to leave the country, I'm not sure how easy a time one would have with local customs at their destination.

The-Joker

mayonnaise wrote: »

I had mine replaced a year ago.

- erect scaffold
- remove existing felt, ridge & roof tiles and battens
- fit new felt & battens
- fit new roof tiles
- relay verge & point
- lay new ridge tiles
- clear all rubbish
- remove scaffold

11,800 incl. VAT for concrete tiles
13,200 incl. VAT for clay tiles

That's for a 4 bed detached.

'40K roof' :rotfl:

So the £40K roof thing is not a myth

Plus all the headaches if things don’t go well