Labour Targets Landlords: Buy-to-Let Crackdown!
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- เผยแพร่เมื่อ 13 ก.ย. 2024
- Labour Targets Landlords: Buy-to-Let Crackdown!
💻 Link to our website - apw-property.com/
Join us for Market Wrap #219, where we dive into Labour's new buy-to-let crackdown and what it could mean for landlords and the housing market. We discuss the impact on short-term rentals, the introduction of new licensing measures, and the broader implications for property investors. Plus, we share our thoughts on the current market sentiment, recent interest rate cuts, and why now might be a better time to buy than you think. Don't forget to subscribe and stay updated with the latest property market insights.
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I own two BTL properties. Never raised the rents on them and maintain them well. Two great tenants. This is the last time I’m renting as soon as they leave they will be sold. There are few properties to rent around here now.
To never raise the rent is to give a discount every year which compounds until you make a loss.
@@M896 I agree. Fortunately I am working and don't rely on the properties at the moment to give me a living. The Mortgages are paid and I made profit on capital gain. they will be sold and I retire.
Same problem here, I can't find anywhere apart from in slum areas.
Air B & B need regulating, they should be bought into line with other letting groups.
Maybe if we didn’t have section 24 that wouldn’t be an issue.
Millions more houses have been built since thatcher gave councils the choice to sell houses off
The difference is the houses built are private instead of council owned.
The issue is, despite the housing stock increase, demand has risen far faster. Mass immigration
To jail with you for speaking the truth!! This is starmerland now
There was nothing wrong with selling council housing. The issue was not using the proceeds to re-invest in further social housing. Allowing people to buy their council homes created huge wealth in the economy. It also gave those in social housing the aspiration to own their own property, further creating a stake in their community. It also created aspirational children who grew up in those 'safe' houses, who were less likely to repeat the social housing, benefit dependent cycle. Thus reducing the benefit burden (£254 Billion) on the country. It is a win win. Building social housing at scale is actually very cost effective. Councils have huge reserves of land that could easily be used. But if you use the proceeds of sale to pay down government debt instead of in investing in new stock and peoples futures, you end up where we are today. I speak from experience. My parents purchased our council house. It transformed our lives!
Labour: “we want to great rid of air bnb lets and get landlords renting out longer terms (landlords, we don’t like you, but we need you!)”
Very interesting video, thank you 🙏
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M Thatcher didn’t sell off the council houses. She allowed the change of regs so councils could sell off ( had the option) their social housing stock. The councils then didn’t replace them and many tenants benefited, as well as the councils - most of which were in debt, hence the sell off. Unfortunately Mrs Thatcher is blamed for much, but history is rewritten by the current people. Nurses also benefited greatly as she increased pay substantially. People forget that nurses used to be paid a pittance, but it was increased to a good wage under her term.
Thatcher is to blame, a council can't risk investing in house building, If they then have to sell to a Tennant at a discounted price. Why would you invest in building it, if you are forced to then sell it for no profit.
@@Miks2092 there are easy work arounds for this. But many people have been raised on the belief that M Thatcher was to blame for many things like the decline of British industry 🙄 ho hum. Having lived through it and being involved I know better
Shame in labour voters, shame shame shame to your graves. I cant rent anywhere because of you and the tories destroying rental markets. Disgusting. Now im going to go unemployed so you can pay my benefits and rent.
Wow, that's a staggering statistic! It's time to take action and make a change. Compulsory purchase of some of that land for social housing is exactly what we need. Let's provide homes for those in need and create a more equitable society!
Best time to buy is now, paper hand landlords selling out for cheap 🤣they will regret in 30 years. Inflation will go up and your property price will rise along. There is no limit they will increase minimum wage enough to get a mortgage so people will always be buying. DONT SELL YOUR HOUSE FOR CHEAP !! If house market crashes then the whole economy is finished.... then there is no point even having fiat money. If anything if house market crashes your house will still be worth something as opposed to useless fiat money which you can't exchange for anything. At least land will have some sort of value even if it means exchanging land for gold. IT COMES BACK TO BASICS. BUY LAND AND BUY PROPERTY IT ALWAYS MAKES YOU WIN IN THE LONG RUN.
And lots of people will be dead in 30 years,,,so they won’t be able to enjoy all this capital appreciation..
Approximately 30 families own 70% of U.K. land. Compulsory purchase some and get building social housing
Free housing for undocumented immigrants 😂 Brexit worked well eh?
@@nocturnal1970 The U.K. can’t even provide housing for the indigenous community. What a mess. The landowners 1% are having a laugh 😂
can your definition of indigenous please? If you mean born in the UK fine, if you mean of European descent the fine but please state it, there is no indigenous population in the UK, it has not been isolated and our current monarchy, is descended from French Conquerors.
@@nocturnal1970 Brexit worked as well as expected, for those promoting it. Farage is the highest earning PM!
When did he become PM. Must have missed it!
Housing is a right.
Landlords leech on humanity.
No better than loan sharks or betting shops.
Housing is a right? Please explain. Do you want to be granted a house by the magic house pixies on your 18th birthday?
@@lesleywillis6177😂
Renters crying there's no houses to let ,blaming landlords!!??I hope all lanlords leave the market ,then WHO YOU GONNA BLAME,!!
What a dumb comment. Housing is not a right.
@@nancyhood8395 I can't rent but at least I am not stupid enough to think its the landlords it's the government!
What next mandatory 'house a migrant' programme??
Why are landlords fat !
Same reason tenants are fat.
Wow, that's a staggering statistic! It's time to take action and make a change. Compulsory purchase of some of that land for social housing is exactly what we need. Let's provide homes for those in need and create a more equitable society!
What state sanctioned theft of someone else’s land.. for social housing to be owned by fat cat housing associations and their management structures. Plus when private housing is built a certain proportion is affordable via planning
King has lots of land. Don't see the royals donating it. Labour is building electric power generation on Crown property and going to pay rent to the Royal family as a thanks. All with tax payers money. So basically here kingy have tax payers cash.