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Fellow Landlords what would you think of this

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Comments

  • kennyboy66_2
    kennyboy66_2 Posts: 2,598 Forumite
    Why not tax landlords on all their rental income rather than let then deduct mortgage interest payments from their income ?

    or

    Why not make all BTL purchasers pay a higher rate of stamp duty (Say 10%) when then buy, with no £125k exemption or "disadvantaged area" exemption. .

    or

    Have a "property holding tax" of say 1% per year on the value of every property. Each adult has a personal allowance of one property.

    I was one of the lucky ones to get on the property ladder in the early 1990's so I'm alright jack.

    The middle one would be my favouite as it would have less effect on rental levels than the other two.
    US housing: it's not a bubble

    Moneyweek, December 2005
  • polkadot
    polkadot Posts: 1,867 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    geoffky wrote: »
    People like BB forget that without us caring LL's where would they live in comfort in a loverly clean home.

    they would be living in a cheap house if btl had not forced the prices up due to the lie to buy mortgages.......

    I dont want to be funny, but lets not forget that "BB" stands for "Benefits Blagger":o . The OP was originally slammed for having an opinion and was just about told to get off the board as he "wasnt our type". What BB does that offends could turn into a whole different thread. Most of the guys that post on the site are trying to help each other, so rather than argue about the opinion of it-why dont we band together to bring together the good and weed out the bad?
  • Maybe but you cant have it all your own way, just because they have to rent does not mean that they have to trash the places in their fit of jealously.
    Most of the tenant's i house have so much debt that even if there was no BTL's they would never be able to buy anyway.

    It is none of your business how your customers live their lives.

    You provide a service.

    I don’t here my mechanic !!!!!ing about the way I drive (and yes my car is leased).
  • Fred1_2
    Fred1_2 Posts: 214 Forumite
    Got to agree with that one ... I've just spent two weeks fighting with my LL/LA to get someone out to mend our dripping boiler. As it wasn't a 'serious' problem, it couldn't be 'prioritised' and someone would be out 'in due course', and no, we couldn't get it fixed ourselves. A few daily phone calls later, we got someone out to fix the boiler (after being referred to a 'whinging' by the receptionist at the LA). Turns out it was quite a serious problem and the boiler had been leaking carbon monoxide for at least a month. OH and I had put down our headaches, dizziness, nausea and stomach cramps to a bug ...

    So, a word to the wise, for god's sake buy a carbon monoxide detector when you move into a rented property. I'm lucky to be alive, no thanks to my LL or my LA.

    As well as my contact details, I've given my tenant the contact details for the CORGI guy who does the servicing, the sparky who rewired the house in November and the builder and plumber who did the renovations in Nov ? Dec just before she moved in.

    I've told her that if, she has a problem that is either safety related, means she doesn't have cooking, heating or lighting, or she thinks that more damage will be caused if it's not fixed early that she can call those tradespeople direct if she has any trouble getting hold of me.

    I've agreed with each of those that if they get such a call from her, that they will fix the problem and bill me, without having to get hold of me to approve it first. Of course, if she calls them for something frivolous then they'll charge her, but she's not stupid and wouldn't do that.

    Fortunately, we've not had to test this system yet as she has only had one problem which fell into the category (leaking bedroom radiator, causing water to drip into dining room) and she was able to get hold of me.

    I do think I should buy her a CO monitor though. Not something I have in my house or had in that house when I lived there, though.
  • Gingernutmeg
    Gingernutmeg Posts: 3,454 Forumite
    Part of the Furniture Combo Breaker
    Fred1 wrote: »
    As well as my contact details, I've given my tenant the contact details for the CORGI guy who does the servicing, the sparky who rewired the house in November and the builder and plumber who did the renovations in Nov ? Dec just before she moved in.

    I've told her that if, she has a problem that is either safety related, means she doesn't have cooking, heating or lighting, or she thinks that more damage will be caused if it's not fixed early that she can call those tradespeople direct if she has any trouble getting hold of me.

    I've agreed with each of those that if they get such a call from her, that they will fix the problem and bill me, without having to get hold of me to approve it first. Of course, if she calls them for something frivolous then they'll charge her, but she's not stupid and wouldn't do that.

    Fortunately, we've not had to test this system yet as she has only had one problem which fell into the category (leaking bedroom radiator, causing water to drip into dining room) and she was able to get hold of me.

    I do think I should buy her a CO monitor though. Not something I have in my house or had in that house when I lived there, though.

    I wish you were my landlord! This is exactly the kind of common-sense behaviour that I wish was displayed more frequently, which leads to a good relationship with the tenant, and less damage to you overall should there be a problem. I really don't understand why some landlords refuse to treat their tenant like a human being and COMMUNICATE with them. It'd prevent so much bad feeling and lead to a better experience for all parties. Yes, of course I accept that there are bad tenants, but it's so counterproductive when you get a landlord who treats everyone like that regardless. Have you got any properties spare Fred1 lol?
  • Guy_Montag
    Guy_Montag Posts: 2,291 Forumite
    1,000 Posts Combo Breaker
    I wish you were my landlord! This is exactly the kind of common-sense behaviour that I wish was displayed more frequently, which leads to a good relationship with the tenant, and less damage to you overall should there be a problem. I really don't understand why some landlords refuse to treat their tenant like a human being and COMMUNICATE with them. It'd prevent so much bad feeling and lead to a better experience for all parties. Yes, of course I accept that there are bad tenants, but it's so counterproductive when you get a landlord who treats everyone like that regardless. Have you got any properties spare Fred1 lol?

    I lived somewhere like that - the landlord said when I moved in that he wasn't really interested in my problems, but to contact one of his list of approved tradesmen to get things fixed. Worked wonderfully.
    "Mrs. Pench, you've won the car contest, would you like a triumph spitfire or 3000 in cash?" He smiled.
    Mrs. Pench took the money. "What will you do with it all? Not that it's any of my business," he giggled.
    "I think I'll become an alcoholic," said Betty.
  • BTLNEWbie_3
    BTLNEWbie_3 Posts: 117 Forumite
    Just because we offer agreements for as long as the tenant requires does not mean that they will carry on paying for the full term.
    I have no problem with offering 1,2,3,4,5,6 etc contracts fixed at the initial monthly fee as long as tenant's stick to it.
    Good Idea, makes sense to give the Tenant a greater feeling of security, I know I would prefer to know that I could stay for as long as I would like.:T
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