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It's not your pension it's peoples lives

64 replies

roneik · 10/10/2014 23:23

Buy to fret will be regulated not regurgitated .

Taxman regulation no wonder they fret Grin

They are coming for you , there is no escape for the troughers

www.mortgagestrategy.co.uk/news-and-features/sectors/buy-to-
let/buy-to-let-news/market-should-prepare-for-full-regulation-of-b2l/2014592.article

OP posts:
Beingfrank · 12/10/2014 11:50

Ronelk - you cannot generalise about mortgages as you did up thread. Our BTL mortgage is repayment. Our home mortgage is interest only.

minipie · 12/10/2014 12:57

Yawn, another escapee from housepricecrash.

caroldecker · 12/10/2014 13:18

ronelk as mentioned upthread, this has nothing to do with regulation of landlords, but BTL mortgages are currently unregulated and that is changing - all this impacts is banks, not how landlords behave.
Helps if you read links before posting

Zippyandbungle · 12/10/2014 13:31

God I'm getting hammered today. A landlord and an Audi driver. I'm off.

mausmaus · 12/10/2014 13:46

I don't know if more reguation is needed.
but for sure enforcement of tennant's right need to be better. a tennant should not be given notice because they dared to complain that the heating is not working and the place needs a new boiler (as an example).

DoctorTwo · 12/10/2014 14:20

It isn't BTL that's forcing prices (especially in London) through the roof, it's near zero interest rates which are fuelling speculation. When rates go up, which they'll have to to get the economy moving, prices will slow down and eventually fall.

HaveToWearHeels · 12/10/2014 14:45

specialsubject I too suspect a public sector job therefore a final salary pension at 55, taken from the tax payer which I am am and that includes my full time job and my BTL's which are in tip top condition and my tenants are very happy thank you :)

Greengrow · 12/10/2014 15:58

The article linked could be headed and this thread "no regulation for buy to let landlords" by the way so don't confuse people. The only people who may be regulated in England by this new EU law as those who are temporarily a landlord because of a house moved etc so what the article is saying - victory for landlords who will remain unregulated.

(Wales by the way is introducing regulation for all landlords separately under their devolved powers).

wowfudge · 12/10/2014 16:16

Stop tarring all landlords with the same brush (i.e. they are all evil mistreaters of tenants out to exploit people whilst lining their own pockets) and making sweeping assumptions about the financing of homes that are rented out.

My tenant, who I believe has been an excellent tenant, has given me notice she is moving out after four and half years. She's told me I have been a great landlord. I have always been informed as to the law, have abided by it and have sought to treat her as I would wish to be treated myself. And looked after the house as per my obligations. As do the vast majority of private landlords.

I find your repetitive landlord bashing posts boring because you just keep repeating the same line, over and over and over with no basis in fact and very little evidence to back up what you persist in posting.

I've been a tenant myself and had only positive experiences.

roneik · 12/10/2014 17:54

Haveto wear heels, you are having a giraffe, if you did not read how come so late in you are commenting?
Greencheese
You cant get enough and probably stay up all night awaiting my every postGrin

Some stiff regulation and taxation of the troughers , you know I am right.

OP posts:
roneik · 12/10/2014 17:57

Well I will get my coat now, mission completed for now.

I knew you would all come round in the end

OP posts:
sacbina · 12/10/2014 18:13

I would suggest, ladies and gentlemen, that any further posts from him who shall not be named be ignored. they are inflammatory, rude and make no sense. my 4 year old can put together a better argument over why she doesn't need to go to bed yet

like a bully in the playground he will eventually go away

ignore, ignore, ignore

PossumPoo · 12/10/2014 18:20

sac I did wonder if MNHQ would ban a poster for no other reason than they are fucking annoying Grin

Roneik seems a little displaced from HPC forum and probably feels the little women of MN would be awed by his knowledge of the property market and current financial situation.

roneik · 12/10/2014 18:24

Yes I always ignore anyone that is not talking about a situation that could be seeing the economy brought down by overinflated buy to let properties, just waiting to fall in value and cause the banks to go under.

I despise those that are so greedy they cannot see the bigger picture too.

OP posts:
specialsubject · 12/10/2014 18:34

mission completed - yes indeed, OP. We are now fully aware that you are incapable of logic, reasoned thought or evidence-based argument.

now give the ipad back to Mummy, it is past your bedtime.

DancingDinosaur · 12/10/2014 18:45

I despise those that are so greedy they cannot see the bigger picture too.

Really who gives a shit who you despise. I certainly don't thats for sure.

roneik · 12/10/2014 18:45

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roneik · 12/10/2014 18:46

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Greengrow · 12/10/2014 18:49

Mission completed indeed - I have proved the premise of the thread utterly wrong and that the buy to let landlord lobby have won a magnificent victory in fighting off this pernicious new EU regulation and well done to them. All power to their arm.

roneik · 12/10/2014 18:58

Property prices dropping everywhere , Osbourne will throw BTL out of the pram soon along with his toys.
Interest rates soon on the up, only need a few percentile shifts upward.

They will dump you in the shite once the election is out of the way.The whole concept of buy to let has just throttled to death the velocity of money,peoples right to a secure permanent home they know I know.
Too much money not recirculating into the economy , going straight to the bank in bloated mortgage payments that renters have to earn

No mate grow a brain

OP posts:
Satinlaces · 12/10/2014 19:19

This reply has been deleted

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roneik · 12/10/2014 19:20

I worked in a car factory most of my working life , If anybody ever worked for the yanks they would know they pay well but get their pound of flesh.
Not for the public sector . So don't make assumptions , anyway according to the buy to fret community hiding on here I am too illiterate to work in that sector. I earned my money and saved/invested for my retirement, and if renters did not have to supplement buy to fret pensions they too may be able to do the same.

OP posts:
roneik · 12/10/2014 19:24

Satin, some of the comments directed at me deserve that title

I try to be polite but if some argue back in an ignorant way , can you really say that was unfair comment by me?
It was not aimed at everyone just the few that have gone below standard

OP posts:
HaveToWearHeels · 12/10/2014 19:25

I have only posted/read now as I thought you might have crawled back under your stone. How do you know all my BTL's aren't cash purchases with money I have saved up ! A crash/fall in the market makes no difference to a LL until they need to liquidise their assets, most serious/processional LL are in this for the long term, and most has researched property trends !
I make soooooooooooo much money from my tenants in rent, that a rise in the interest rate will have little or no effect on me ! (lights blue touch paper and stands well back) That last comment is for you roneik, in the hope you combust !

roneik · 12/10/2014 19:32

Well some regulation may prevent further exploitation of renters, and if they are making too much money as You and I have tried to illustrate then some more tax is in order

I am glad you agree with me and I hope you don't end up like a landlord I know who had all 8 of his properties taken back by the bank

Driving an Audi then a KA now , I wonder sometimes if he has become a chav

OP posts:
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