Housing benefit cap.
Discussion
mph1977 said:
SPS said:
Really - how many do you think sold them off and those properties in many cases went into private landlord hands - get real.
do you understand how right to buy works ? One of the main reasons affordable housing was introduced after WW11 (you know when everybody got stuck in instead of bleating about their "social rights") was because of the massive damage done to many of our major cities from bombing and missile attacks. The other was the baby boom after the servicemen finally came home and the country was trying to restructure it's industrial base etc.
Now that generation did indeed serve it's country with pride, stubbornness and loyalty.
SPS said:
mph1977 said:
SPS said:
Really - how many do you think sold them off and those properties in many cases went into private landlord hands - get real.
do you understand how right to buy works ? One of the main reasons affordable housing was introduced after WW11 (you know when everybody got stuck in instead of bleating about their "social rights") was because of the massive damage done to many of our major cities from bombing and missile attacks. The other was the baby boom after the servicemen finally came home and the country was trying to restructure it's industrial base etc.
Now that generation did indeed serve it's country with pride, stubbornness and loyalty.
nor have you mentioned the restrictions on exercising right to buy nor the pre and post purchse requirements
mph1977 said:
SPS said:
mph1977 said:
SPS said:
Really - how many do you think sold them off and those properties in many cases went into private landlord hands - get real.
do you understand how right to buy works ? One of the main reasons affordable housing was introduced after WW11 (you know when everybody got stuck in instead of bleating about their "social rights") was because of the massive damage done to many of our major cities from bombing and missile attacks. The other was the baby boom after the servicemen finally came home and the country was trying to restructure it's industrial base etc.
Now that generation did indeed serve it's country with pride, stubbornness and loyalty.
nor have you mentioned the restrictions on exercising right to buy nor the pre and post purchse requirements
Then they purchase another, much bigger property in another area with the substantial profits (Maggie liked that).
We are not talking today as I have already stated, goes back decades. Anyway I would suggest that buying a council property today particularly in the SE would be out of the reach of many tenants.
But I have to say that you seem oblivious the salient point. While these properties still exist (with the exception of many dozens of 60's tower blocks) many are now so expensive to rent that families on the National average wage just can't afford to try and save for their own home and so many struggle just to pay the rent at all.
Then we have the absolutely crazy prices in the SE. Tell me what pushed the sales and rental prices so ridiculously high?
Oh I know "Market Forces". How many times have we been that "the markets" will eventually settle as competition starts to drive the various sectors. So it worked really well with the Utilities sell offs - The Rail Companies - Royal Mail etc, bloody great value they all are.
SPS said:
mph1977 said:
SPS said:
mph1977 said:
SPS said:
Really - how many do you think sold them off and those properties in many cases went into private landlord hands - get real.
do you understand how right to buy works ? One of the main reasons affordable housing was introduced after WW11 (you know when everybody got stuck in instead of bleating about their "social rights") was because of the massive damage done to many of our major cities from bombing and missile attacks. The other was the baby boom after the servicemen finally came home and the country was trying to restructure it's industrial base etc.
Now that generation did indeed serve it's country with pride, stubbornness and loyalty.
nor have you mentioned the restrictions on exercising right to buy nor the pre and post purchse requirements
Then they purchase another, much bigger property in another area with the substantial profits (Maggie liked that).
We are not talking today as I have already stated, goes back decades. Anyway I would suggest that buying a council property today particularly in the SE would be out of the reach of many tenants.
But I have to say that you seem oblivious the salient point. While these properties still exist (with the exception of many dozens of 60's tower blocks) many are now so expensive to rent that families on the National average wage just can't afford to try and save for their own home and so many struggle just to pay the rent at all.
Then we have the absolutely crazy prices in the SE. Tell me what pushed the sales and rental prices so ridiculously high?
Oh I know "Market Forces". How many times have we been that "the markets" will eventually settle as competition starts to drive the various sectors. So it worked really well with the Utilities sell offs - The Rail Companies - Royal Mail etc, bloody great value they all are.
That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
SPS said:
Can't really be arsed however I know of families/individuals who sold an ex Council property to a private landlord!
Then they purchase another, much bigger property in another area with the substantial profits (Maggie liked that).
We are not talking today as I have already stated, goes back decades. Anyway I would suggest that buying a council property today particularly in the SE would be out of the reach of many tenants.
But I have to say that you seem oblivious the salient point. While these properties still exist (with the exception of many dozens of 60's tower blocks) many are now so expensive to rent that families on the National average wage just can't afford to try and save for their own home and so many struggle just to pay the rent at all.
Then we have the absolutely crazy prices in the SE. Tell me what pushed the sales and rental prices so ridiculously high?
Oh I know "Market Forces". How many times have we been that "the markets" will eventually settle as competition starts to drive the various sectors. So it worked really well with the Utilities sell offs - The Rail Companies - Royal Mail etc, bloody great value they all are.
Jesus Then they purchase another, much bigger property in another area with the substantial profits (Maggie liked that).
We are not talking today as I have already stated, goes back decades. Anyway I would suggest that buying a council property today particularly in the SE would be out of the reach of many tenants.
But I have to say that you seem oblivious the salient point. While these properties still exist (with the exception of many dozens of 60's tower blocks) many are now so expensive to rent that families on the National average wage just can't afford to try and save for their own home and so many struggle just to pay the rent at all.
Then we have the absolutely crazy prices in the SE. Tell me what pushed the sales and rental prices so ridiculously high?
Oh I know "Market Forces". How many times have we been that "the markets" will eventually settle as competition starts to drive the various sectors. So it worked really well with the Utilities sell offs - The Rail Companies - Royal Mail etc, bloody great value they all are.
98elise said:
Prices are high because of lack of building.
That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
650-750 a week isnt expensive??? What planet are you on? I don't pay that a month!That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
Funkycoldribena said:
98elise said:
Prices are high because of lack of building.
That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
650-750 a week isnt expensive??? What planet are you on? I don't pay that a month!That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
98elise said:
Prices are high because of lack of building.
That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
Only on Pistonheads!That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
dxg said:
I was at the annual RICS residential property convention yesterday.
....
Another interesting thought for the individual BTL investor which was mentioned by a few different speakers: interest rate rises predicted first in the States and then here in the New Year will push heavily geared individual investors out of the market. It will be interesting to see if the available stock will be sucked up by private owners or the aforementioned new corporate forms.
.....
I cant see any interest rate rises here in Europe for a few years yet.......
Another interesting thought for the individual BTL investor which was mentioned by a few different speakers: interest rate rises predicted first in the States and then here in the New Year will push heavily geared individual investors out of the market. It will be interesting to see if the available stock will be sucked up by private owners or the aforementioned new corporate forms.
.....
Funkycoldribena said:
98elise said:
Prices are high because of lack of building.
That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
650-750 a week isnt expensive??? What planet are you on? I don't pay that a month!That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
nikaiyo2 said:
dazwalsh said:
Another "let's blame landlords for the benefits bill",
When demand for social housing vastly outstripped supply who did you think would take up the slack?
Call me what you want but I have about a 1/3 of my portfolio let to HB tenants and you wouldn't believe the demand that comes my way, councils are desperate to house people, and are trying schemes like buying back at market value what they sold off for peanuts years ago, paying bonds for tenants and even paying for the maintenance and damages if you take on some of the more troublesome folk. Rent is also paid direct to landlord.
Forget about the HB figure for a minute, I dread to think how much is being paid for temporary accommodation like B&B's etc. It really is a desperate situation.
The ONLY way to balance things is to build new houses, lots and lots of them, and to have a more stringent immigration policy as the numbers entering the uk are vast and uncontrolled.
I'd call you daft, renting to HB? Are you into S&M? is that the single most stressful way to employ capital? I would rather grate my own genitals than rent to HB again lolWhen demand for social housing vastly outstripped supply who did you think would take up the slack?
Call me what you want but I have about a 1/3 of my portfolio let to HB tenants and you wouldn't believe the demand that comes my way, councils are desperate to house people, and are trying schemes like buying back at market value what they sold off for peanuts years ago, paying bonds for tenants and even paying for the maintenance and damages if you take on some of the more troublesome folk. Rent is also paid direct to landlord.
Forget about the HB figure for a minute, I dread to think how much is being paid for temporary accommodation like B&B's etc. It really is a desperate situation.
The ONLY way to balance things is to build new houses, lots and lots of them, and to have a more stringent immigration policy as the numbers entering the uk are vast and uncontrolled.
greygoose said:
Funkycoldribena said:
98elise said:
Prices are high because of lack of building.
That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
650-750 a week isnt expensive??? What planet are you on? I don't pay that a month!That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
p1stonhead said:
Funkycoldribena said:
98elise said:
Prices are high because of lack of building.
That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
650-750 a week isnt expensive??? What planet are you on? I don't pay that a month!That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
Countdown said:
greygoose said:
Funkycoldribena said:
98elise said:
Prices are high because of lack of building.
That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
650-750 a week isnt expensive??? What planet are you on? I don't pay that a month!That said renting doesn't have to be expensive I have 4 BTL's in the south east. 3x 3 bed and 1x 2 bed. 40 minutes to london from the nearest station. All but one are let for £650 per week.
The other is currently being refurbed before going back on the market. It will be completely redecorated and have a new kitchen. It will let for about £700-750.
That house was bought on the open market for 122k 2 years ago.
MajorProblem said:
Rightmove has tens of thousands of...
Houses to buy under £150k
Houses to rent under £600 PCM
So what's the issue?
Because some people refuse to move around the country to obtain suitable housing or employment, and think they have some kind 'right' to homes and employment exactly where they live or where they would like to live, without having to move.Houses to buy under £150k
Houses to rent under £600 PCM
So what's the issue?
It seems a peculiar way of looking at things, but believe me, plenty of these people exist.
dazwalsh said:
eccles said:
dazwalsh said:
Another "let's blame landlords for the benefits bill",
Rent is also paid direct to landlord.
Those days are numbered.Universal benefit means it's up to the tennant to pay their own rent out of their benefits, and it's not been an oustanding success where it's been trialed!Rent is also paid direct to landlord.
I give it 6 months before direct payments are allowed again on universal credit.
Hopefully it will make them take some responsibility for thier own lives instead of being spoon fed by the state!
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