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'the property'

buy to let sounds too much like buy toilet.
personally i think people with more than one house , ahem , property should either be very heavely taxed or sent to bed without any supper.
also landlords should be 'professionalised' and regulated better.
landlords are allowed to get away with far to much.
 
landlords are allowed to get away with far to much.

Our Landlord is a Reverend, I don't know whether that is a good thing or a bad thing, I will let you know when our first 6 months here comes up in the next month or 2:rolleyes:

cheers, Tim
 
Our Landlord is a Reverend, I don't know whether that is a good thing or a bad thing, I will let you know when our first 6 months here comes up in the next month or 2:rolleyes:

cheers, Tim

hope they're not like the majority of pulpit pounders over here, they can teach yer average crim a thing or two!!!!........keith
 
i think people with more than one house , ahem , property should either be very heavely taxed or sent to bed without any supper.

We've got a bloke at work who owns, get this....SEVENTEEN domestic properties all over UK. The admiration for his entrepreneurial spirit is slowly being overtaken by resentment, especially among the younger, lower-earning blokes who've simply been priced out the market by "professional" buyers who don't genuinely need a particular property, they just want it in order to rake in more cash. It's capitalism at it's very worst.
 
A friend is renting room to Polish atm at £50 per head a wk. 6 people to a room. Her neighbour rents her garage! Her lastest idea was to buy some victorian property & having them restore it for her for free. Not very sensible me thinks.
 
A friend is renting room to Polish atm at £50 per head a wk. 6 people to a room. Her neighbour rents her garage! Her lastest idea was to buy some victorian property & having them restore it for her for free. Not very sensible me thinks.
and very illegal... HMO regulations state this and the penalty os very steep. advise her to get out of it before she gets herself in trouble with the environmental agency and immigration!!
 
buy to let sounds too much like buy toilet.
personally i think people with more than one house , ahem , property should either be very heavely taxed or sent to bed without any supper.
also landlords should be 'professionalised' and regulated better.
landlords are allowed to get away with far to much.

cant agree im afraid. I develop property, and am currently in the midst of a residential development. i work damn hard, deal with stress you wouldnt believe and have a level of credit that would make your toes curl. why shouldnt i do this, and reap the rewards for my efforts just the same as any one else in any other line of business. Property development relies on demand. Theres no point me building houses if people dont buy them, and im not forcing anyone to do that. Its amazed me how much resentment ive had (even from friends) since ive been developing, and im afraid it all comes down to jealousy on their part. Im either lucky, or fortunate or something. people dont consider that ive worked damn hard, and put myself at huge personal financial risk to do this.
 
and very illegal... HMO regulations state this and the penalty os very steep. advise her to get out of it before she gets herself in trouble with the environmental agency and immigration!!
Not illegal immigrants so far as I'm aware.
If the same sex then there is a required amount of square foot per person proportional to the overall size of the house that they share.
As for the neighbour putting mattressess down in her garage, I'm inclined to agree with you that the chances are it would not be suitable living accomadation. Perhaps if it's classed as 'camping' then it would be viewed differently.
I happen to think it's exploitation regardless of the fact that it may well be within the law.
There again when seeing how some people are reduced to abject poverty in their own countries, with none of the amieneties that we take for granted & complain so redily about them. I can't say as I'm suprised that people will put up with things that we think of as unbearable. Worse still is the prejudice shown to those who are trying to lift themselves out of poverty.
 
deal with stress you wouldnt believe

Really?
Or do you mean we wouldn't believe how stressed you get? (which is slightly different).
I'd agree the development market relies on demand, but demand for what? Decent, robust affordable housing aimed at actually putting a roof over someone's head, or up-market cash-cows for braying City-types with too big a Christmas bonus?
Living in the South East I can safely say it's the latter.
Developing a property is one thing, but then simply buying it with no intention of ever living in it is verging on immoral given the current shortage of housing. I think that's what gets to most people, especially as those folk buying to let can, by the very nature of being a property-owner already, afford a far higher price than a first time buyer could ever dream of reaching.
Like many other industries, the property game is simply targeting those who can afford to pay the asking price as opposed to those who can afford the true value of a property.
It's like anything......You don't sell to who appreciates your product or who has most need of it, you sell to who pays you the most and it is undeniably spiralling out of control and back to a near-Dickensian society.
The rich get richer, the poor......well who cares, as long we're not them, eh? :(
 
Not illegal immigrants so far as I'm aware.
If the same sex then there is a required amount of square foot per person proportional to the overall size of the house that they share.
As for the neighbour putting mattressess down in her garage, I'm inclined to agree with you that the chances are it would not be suitable living accomadation. Perhaps if it's classed as 'camping' then it would be viewed differently.
I happen to think it's exploitation regardless of the fact that it may well be within the law.
There again when seeing how some people are reduced to abject poverty in their own countries, with none of the amieneties that we take for granted & complain so redily about them. I can't say as I'm suprised that people will put up with things that we think of as unbearable. Worse still is the prejudice shown to those who are trying to lift themselves out of poverty.
HMO regs state that if they are from different families they need a HMO license to rent that house or part of the house to them. The way you have described it is illegal 6 people to a room in her house = at least 2 differem families and i suspect it's mor elikely to be 6 different families plus her and her family if she has one.

http://www.communities.gov.uk/index.asp?id=1151996
 
HMO regs state that if they are from different families they need a HMO license to rent that house or part of the house to them. The way you have described it is illegal 6 people to a room in her house = at least 2 differem families and i suspect it's mor elikely to be 6 different families plus her and her family if she has one.

http://www.communities.gov.uk/index.asp?id=1151996
An entire house or flat which is let to 3 or more tenants who form 2 or more households and who share a kitchen, bathroom or toilet. (For a definition of household see the relevant question under faqs.)

Lifted straight from the HMO website mentioned above.
 
Ok.. I'll give some more detail in the hope to allay your fears & when we next speak to her I'll pass on the information you have provided.. Thanks for that.
Her Uncle moved fairly recently to be nearer.. ie: bought a 3 or 4 bedroomed (bathroom downstairs & an en-suite) property opersite where she lived. He died on holiday, leaving her the house so she rented it out.
Her first call to us was worded as such to make it sound like it was easy to pack 6 ppl to a room, ie: there is a great demand for people wanting to live & work in this country & send money back home to their poorer relatives.
Her neighbour is Polish & first suggested she take people in. That's about as much as I know for now.
 
people who buy and sell houses buy for low and sell for high.
its buisness.
people buy these houses 'buy to let' at this high price and therefor the rent on these prop oops houses has to cover this.
thus people like me , who cant afford a house have to pay through the nose (often much more than a mortgage) to have a roof over their heads.
its simple economics , house prices rise , rent rises. this is being caused my estate agents , property developers and buy to let.
 
What I cannot understand, given that Mrs M and I spent a great deal of time and money last year trying to move to a slightly larger / roomier property [with a HUGE garage :D ], was that despite us bidding slightly over the surveyors estimated value, on 4 separate occasions, we were outbid by £15,000 - £20,000 on most occasions. Each one being sold to a developer, who goes in, spends another £30,000 or so refitting bathrooms / kitchens / carpets etc etc, and then sell it on the market 6 months later - AND makes a tidy profit.

Nowt personally against the developer, but where does all that money come from?
 
my mother bought a 6 bedroom flat in the New-town Edinburgh in 1973 for the princely sum of £700 she up graded it and rented to students.
we now have 8 flats in and around the New-town and they are all rented to students! they are all correctly registered and licenced etc and boy are the regs tough!
 
Ok.. I'll give some more detail in the hope to allay your fears & when we next speak to her I'll pass on the information you have provided.. Thanks for that.
Her Uncle moved fairly recently to be nearer.. ie: bought a 3 or 4 bedroomed (bathroom downstairs & an en-suite) property opersite where she lived. He died on holiday, leaving her the house so she rented it out.
Her first call to us was worded as such to make it sound like it was easy to pack 6 ppl to a room, ie: there is a great demand for people wanting to live & work in this country & send money back home to their poorer relatives.
Her neighbour is Polish & first suggested she take people in. That's about as much as I know for now.
Unless she has a HMO license it is still illegal. HMO are very tough... Mains fire alarm, all fire doors, fire extinguishers, more than one fre escape, burglar alarm (some high category) and the likes. And if she doesn't have one and is caught the fines are very steep. Likewise if one of her tenants lodges a complaint with the EHO she is legally bound to give them back ALL of the money they have paid her for rent and also pay any damages/claims. It's risky business! So risky that many landlords now don't want to have more than 3 people sharing a house. I know 2 who have turned 2 bedrooms into a lounge and a dining room in a student house to get around the rules and regs. Yes they lose money but they don't have to provide the alarms and security stuff which cost an arm and a leg!
 
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