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Type: Posts; User: Chrisch

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    Agreed, but you must consider that a future...

    Agreed, but you must consider that a future government might well not go the housing association route.

    Social housing is something the two major parties agreed upon years ago and after the war...
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    Why does social housing have to make money? I...

    Why does social housing have to make money? I agree there is precious little new land inside the M25 but I think there is brownfield potential. Whether it ever gets done or not is another matter.
    ...
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    Yes. That answers the OP question I think ;) ...

    Yes. That answers the OP question I think ;)



    Has it? (Genuine question) Firstly the stamp duty you only pay when buying so I can only assume it has hit the people wanting to get into the...
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    Who are they selling to? The reality is there...

    Who are they selling to? The reality is there are a certain number of people and a certain number of properties. I rent because it is cheaper to do so, if it were cheaper to buy I would buy. Same...
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    Rents will rise or fall in respect of the market....

    Rents will rise or fall in respect of the market. Current yields on residential are not that brilliant as far as I am aware but I don't follow the trends. The thing to remember is the yield is...
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    You cannot add costs to the rent - the rent is...

    You cannot add costs to the rent - the rent is set by the market. Non payment insurance simply eats up part of the margin for the investor. Property can be a good investment and it certainly was...
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    Agreed. Take out insurance.

    Agreed. Take out insurance.
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    No, there is no mystery to it. Landlords all...

    No, there is no mystery to it. Landlords all have tales of woe about some tenant or another that is bad in some way and all tenants have tales of bad landlords. As Mike says the UK rental market is...
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    One of the issues is being evicted because you...

    One of the issues is being evicted because you complain about the need for repairs. This practice may not be universal but it does happen. After a while it enters the thinking of people that rent...
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    You may have tapped a whole new topic there.

    You may have tapped a whole new topic there.
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    But that's the problem. The good people give up...

    But that's the problem. The good people give up because they cannot make a decent return. The people that make a decent return are the ones that treat people like shit. The yield on residential...
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    I have owned and rented a number of properties...

    I have owned and rented a number of properties over the years and never had mould issues in one I owned. I am sure Mark is correct in his technical analysis - we rented a flat in Haywards Heath...
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    How come the experience is still so shit for so...

    How come the experience is still so shit for so many people?
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    Yes it is if you do not give the landlord that...

    Yes it is if you do not give the landlord that opportunity. If they are a bad landlord they will fail to undertake the repairs, so you have to go round the system a few times and will almost...
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    Illegal.

    Illegal.
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    We could have but it isn't our property. When...

    We could have but it isn't our property. When are you coming round to service my car for me?
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    Well if we remain the property prices will...

    Well if we remain the property prices will probably not crash in the short term.

    However, IMHO the GBP will at some point adjust downward, possibly in a dramatic manner. The pound has not held...
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    Don't worry the massive currency crash when the...

    Don't worry the massive currency crash when the UK leaves the EU will inflate the debt away like it did in the 1970s. Your property will be worth a million pounds and a new (electric) Ford Focus...
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    Or are the letting agents not telling you? It is...

    Or are the letting agents not telling you? It is in their interests to churn the tenants as they get more fees that way. If, like a lot of amateur landlords you let the letting agents handle the...
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