I was a LL I got out. There is no way I would invest again in long-term letting property. But only because of stupid Govt policies and regulations. The business risk is now too high. Being exposed to feckless tenants is a risk too far. Control has been effectively transferred to tenants.
Buy to let is over...existing landlords can continue with gold plated tenants/ insurance etc but risk for new entrants is too high..5% cash deposit zero risk of nightmare tenants taking years to evict.
The key point not covered is this whole EPC piece, that's the staw for me. I have lovely Yorkshire stone terrace houses..... who the hell wants to make them look like marshmallow clad sweat boxes, all to save £80 a year in energy bills!!
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I was a LL
I got out.
There is no way I would invest again in long-term letting property.
But only because of stupid Govt policies and regulations.
The business risk is now too high.
Being exposed to feckless tenants is a risk too far.
Control has been effectively transferred to tenants.
Buy to let is over...existing landlords can continue with gold plated tenants/ insurance etc but risk for new entrants is too high..5% cash deposit zero risk of nightmare tenants taking years to evict.
The key point not covered is this whole EPC piece, that's the staw for me. I have lovely Yorkshire stone terrace houses..... who the hell wants to make them look like marshmallow clad sweat boxes, all to save £80 a year in energy bills!!
We have covered EPCs in oher videos. Example: ruclips.net/video/1xiaB-62gOg/видео.htmlsi=B8AL59mFZ3eCsFZH
Unemployment is almost nonexistent because every bugger is some or other kind of benefit.
The presenter is very polished in her speech, but very wild in her presentation