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  • Tax

    George Osboune you are the cause of much pain

    We as Landlords have to make some hard choices at times and with the on going changes life is become more difficult for us all

    To Day I was showing perspective new tenants around a newly prepared property

    After the perspective tenants who  had paid a holding deposit I was quite happy to have a higher rent for the property than I have ever had before since buying the property over 25 years ago

    I was  locking up the property and was about to leave when I was  approached by a Lady in the street who asked If I was the Landlord of the Property ?

    I said I was and she asked if she could look around the property as she was interested in renting it I explained that the Property had been reserved but I was happy to show her

    She was beaming as she went around the property and said If the property comes on the market ? could she have second choice ??

    I asked her a few questions

    Where are you living Now ??? Reply in Bed and Breakfast

    Why are you in B&B Reply because my Landlord has had to sell his property (did not know the reason)

    What do you do for a Living Reply I am on benefits and have two children

    I took a very deep breath and said to here I don't Take Benefits anymore ???

    I had to explain  to here about the Benefits freeze for four years and that I would have to pay a much higher Tax Bill in coming years because of Govt Policy

    She broke down in front of me and looked me straight in the Face and said where do I and my children go to find a home ????

    She explained  that she was broke no money and had been in B&B for three months after losing her home and that Landlords will not take benefits

    There may of course be a lot more to the background of this lady and am sure there will be Where is the Father ect ect Why is she not working I could go on

    George Osborne & Shelter & the Anti Brigade  I really hope they  read this sorry story of a women who can not find her home due to no fault of there own

    The level playing field will turn out very rocky for some less well of folk in the coming years

    To day I felt as if I was a Victorian Landlord who lived in a time when there was no welfare state

    And homeless families lived in slums

    I hope the Govt is proud of itself

    Homelessness is not my problem I know But If more landlords turn there backs on this sector of the market its only going to get worse

    God I hope the Govt sees some sense in the future and give a little slack to Landlords like myself and Meany others who do provide homes to rent to those who can not afford to buy

    A very good day spoiled by the realitys of the homeless in the UK today

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    Learn Change and Adapt ?????

    From what perspective did these perspective tenants view your investment?

    https://www.thoughtco.com/perspective-and...ve-1689589


    ;-)

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    I am sorry I don't understand the point you are trying to  making  regarding a serious topic ???

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    Learn Change and Adapt ?????

    (No offence but...) you used perspective when I think you might have meant prospective: These two words share the same root  but the different prefixes (pre- and pro-) result in different meanings.  See

    https://www.thoughtco.com/perspective-and...ve-1689589

    Best regards to all, including those on benefits: I myself get 6 benefits, being as I am "old": State Pension, Winter Fuel allowance, £10 Xmas bonus, free eye tests, free prescriptions, free 'bus pass: (Big secret: Two 'buss passes...)

    Thank you, you generous people you...

    MOST people in this country get them, be they CB, CTC,WTC, JSA, ESA, PIP, DLA, State Pension, Sovereign grant, HB/LHA, IS, DHP, CTS etc etc... so "not taking benefits" really really does restrict your marketplace.  I'll wager several of your tenants get some benefits, especially any with children,

    But yes, benefit cap and the inability to decades of British governments to organise some simple house building plus other changes means we have a huge group of low-income people - and their children - with nowhere (they want..) to rent, often heaved off to run down properties maybe hundreds of miles from their friends, family, jobs... 

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    No Offence taken I am dyslexic and even the spell check has problems with my blogs lol

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    Learn Change and Adapt ?????

    Perhaps Artful doesn't understand that your title is an indicator of your particular condition

    It is to be expected that in posting correct English you are prone to make errors

    We all understand the situation and know what you mean even if it isn't stated as it should be

    I however would have no excuse if I make grammar mistakes because I am NOT dislexic!

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    DL,

    (*Moderator note:  Content removed*).

    No one in Govt will ever thankyou for the Service you provide.

    Unfortunately it is the tenants that will suffer. But that is not your problem.

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    I have to agree with you Paul

    and the snowflakes  can go to hell because they are not living in the world of the uk today

    The problem is there opinion counts

    S24 was a green party policy I think

    But they don't house anyone as far as I know

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    Learn Change and Adapt ?????

    Social injustice is a horrible thing, and governments of all colours have failed to address it; relying instead on outdated dogma and the blunt instrument of redistributive taxation.

    Even though elitist meritocracies generally produce the greatest degree of social mobility, that alone is not enough but I don't not have a solution any more than elected representatives do.  What I do know however, is that landlords can build and run social housing as a business with healthy returns and no S24 or other nasty impact, and thus make their own contribution to what is at least an inter-generation problem to which, at the probable best, only a sticking plaster can be applied.

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    Hi DL,

    Very moving story.

    2 days ago I put a property up on Open Rent - I've always used a letting agent in the past, but dear old George has made me look at my costs and tenant find fees are at the top.

    It's been quite an eye opener.

    I had 6 inquiries within 24 hours. Sadly, 5 could not pass even basic vetting for affordability reasons.

    This whole situation cannot end well for any of us.

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    Dom if I could only  see good reason for S24 ect ect  BUt the result is not going to help anyone be it Tenant or Landlord

    I was giving this great thought today after the event

    I could understand if some good could come out of this saga but the govt is headstrong and will not admit it has this whole thing wrong

    If I and You as a landlord can see the implications why cant the men and women in the House of Commons not see  the issues

    Is it because they don't understand or don't want to  understand

    I just hope the likes of Shelter see the plain truth the UK can not house its folk without the PRS

    They have to learn to work with us we could be a solution to the problem the Govt needs to think outside the box of housing and not listen to fringe groups who have not provided housing in there lives  


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    Learn Change and Adapt ?????