My landlord has been fighting to raise the rent by 12 percent. Not only that but he also wants us to pay for all of the money that he missed out on during the pandemic where he was not allowed to raise the rent as much as is usually allowed, so if this all goes through, I am looking at forking up around 2 grand just from that plus having to pay 12 percent more. He owns buildings throughout Canada and it is a multi billion dollar business that is still growing as he buys old buildings, fixes then up and jacks up the rent to outrageous levels and has other building being built, so he is by no means hurting financially. He is trying to get away with as much cosmetic work as possible to attract others and wants us to pay for every last thing he does to the building. He legit has the worst pictures taken of a few spots that are pretty bad but all the rest of it, no pix are taken, one example is in the replacements of the metal railings and spindles for the balconies where most of them just needed a good paint job with some of the balcony floors just requiring a good pressure wash to get them looking new. At that point it is no longer about needing any extra money. You buy an old building, you have more have to repairs and costs that come along with it, that should not be our problem. He has more than enough to live a very comfortable life without ever having to worry even if the cash flow comes to a screeching halt, so it is just pure greed at this point. I know an 81 year old lady in one of his neighbouring buildings who was grandfathered in and they have been trying to get her to leave, and to add insult to injury they are only offering her 3 grand to do so. All of this leaves only one option, that is, that he is heartless. It is just absolutely ludicrous.
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of finances and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
Personally, I can connect to that. When I began working with Annette Marie Holt a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $400,000.
@@hasede-lg9hj Please how can I connect to your advisor? My funds are being murdered by inflation, and I'm looking for a more profitable investing strategy to put them to work.
Please how can I connect to your advisor? My funds are being murdered by inflation, and I'm looking for a more profitable investing strategy to put them to work.
Yes, wealthy people are squeezing out the middle class. An ordinary family will never afford a house and the middle class are competing with wealthy people for the limited homes the UK has. Wealth inequality will destroy this country
@@LMWORLDWIDEI used to rent a property which turns out to belong to a 'bank'. They offloaded quite a few when there was a new property law that took place 6 or 7 years ago.
Exactly.any mean possible to make you a surf . Inflation is a weapon on the working class to keep you poorer . all by design wars and influx of migrants. benefit cut for the British people they want your house and property off you.
Or landlords selling up is just the first step, and then … ban on foreign and big company investment Then working families will be able to buy … makes sense !
@@Snytcnikovyou my friend are so naïve if you think that’s going to happen. Supply and demand dictates that prices will just keep going up, with an ever growing population and a distinct lack of new houses being built no matter how many landlords sell up prices and rents are not coming down….. accept it and get used to it bud 🤷🏻♂️
@@AdzP9 maybe naive yes .. but that is 100% what a government should be in place to do .. ensure that the people doing the hard work (teachers and nurses) can afford to own the homes they are paying for .. If governments keep allowing foreign investment in our property and incentivising BTL landlords to get more and more interest only mortgages our economy will die fast Don’t be a lemming mate ! These problems with housing will affect all of us in one way or another .
I looked up an old flat I used to live in, in Bayswater, London. One bedroom, one living room one bathroom a kitchen and a small courtyard. My landlord purchased the property in 1999 for £95k. I used to pay £1250/m rent. That flat is now worth £725,000 according to the real estate estimator I was looking at last night. When I was renting I could have bought the 1 bedroom flat upstairs for £235,000 in 2004 but didn’t have the deposit. That flat is now worth £800k! Things are insane!!!
I just had a conversation with my landlord, who’s having to increase my rent by over £100 a month just to break even. I’m very lucky they don’t need to sell, but the fear that it could get a lot worse is scary. There are no homes to rent, and I can’t buy
Housing crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?
If the housing market takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio to enable you to take advantage of the downturns.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
The advisor that guides me is Annette Christine Conte , most likely the internet is where to find her basic info, just search her name, She's established.
Annette Christine Conte is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
We need to be clear about the fact that this will only impact Landlords who own very few properties or a single property and are living off of a wage. Business who buy up properties will not feel this, this is yet another way of transferring wealth from the middle class to the upper class.
Absolutely love it!!! I'll have to be financially stable in every sense before purchasing my first supercar. The best thing to do with your money is to invest rightly because money left saving will end up with no returns
Yeah and Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional in order to navigate this recession and achieve potential high yields and taxation.
you don't need that much, as long as you have 250k to 350k in cash, and earn at least 40k plus is fine. It not like you are going to pay the car off, get the car, drive it for a year or two then get something else. You don't need millions of manov to oniov nico thinnc.
Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive
Our family got introduced to a financial consultant about four years before my dad retired. That was what changed things, and I think my retirement income will be on the right track, luxury cars and trips
@@rodgertim2881 Please could you guide me on how to get in touch with your consultant? My funds are being eroded by inflation and seek a more lucrative investment strategy to effectively utilize before I consider retirement.
Exactly, section 21 is been issued right left and centre, landlords are destroying decent tenants,turning their lives upside down overnight. Literally making them homeless !!! Under section 21., you literally have only eight weeks to find another place. A lot of them can’t afford higher rents elsewhere. Mothers with babies, good people with pets. They don’t care.. Good tenants are being evicted under section 21 in the middle of a housing crisis. Also, hes forgetting to mention that there are an unbelievable amount of landlords who already have finished paying for their houses.
@@chello70 Government caused, they know full well it will be worse for tenants as landlords want to get out, but as long as it suppresses everyone's situation that's all that matters.
Good riddance i hope labour get powers to kuck out private landlords re posses their propertys and rent them out at a low rent with life time rights to luve in them. Get rid of freeholders also.
Come down to Cornwall and do a tour, and explain to existing private landlords how to restructure into a company structure cost effectively, help the people that are already in the game and struggling, so they can keep their tenants then you will have a win win situation that helps everyone.
Service charges has been biggest reason why landlords are selling their apartment. A two bed room flat in Liverpool on £600 rent and owner have £500 service charge to pay. How would you even breakeven
You are completely wrong that you do not need to go to Court for a s21. Of course you do. ANY eviction requires a possession order, which requires a Court order, whether its s21 or s8.
These truly are bad times for the majority, im in a group of entrepreneurs, there about 12 of us in the group chat and we're all self made in different fields. I'd say the outlook of our group has never been so negative in the 8 years we've been in it. i'd say 9 out of 12 in the group are struggling right now where as before the pandemic all 12 of us were killing it in our own fields.
I must live in a different world to you ,I’m still buying and the houses I already rent are doing fine , I haven’t increased any of my rents because my tenants can’t afford it, I do eat beans but I haven’t had to go in a food bank, yet, , there’s some cheap houses out there and plenty of buyers I had to bid against 3 other cash buyers the other day I lost because people are still buying the buy to let market is doing ok,
can't work out if you bought properties that are 'under the radar' because you bought them long ago and they are no getting taxed fully of if you have avoided paying tax somehow? Otherwise how are you not paying more tax and thus doing less well, as ALL renters bar those under the radar say the same - that the new tax regime (rent taxable rather than profits and maintenance not off-settable) has wrecked the chance of profits. Just interested. What do you know that they and Samuel don't?
@@gurglejug627 I’ve been paying tax I since I started dealing in property my accountant makes sure I only pay what is due but if your buying all the time and spending all or most of the profit on referbing I’m in the building trade and that helps I don’t buy under the radar where did you get that from, the buy to let trade is doing fine if you do it right
Really just depends on location and price range. People are always moving and the most desirable and well priced properties will keep getting snapped up quickly. They're in the minority though. Most areas don't command high enough rent prices to pay off mortgages with high interest rates but part of that depends on what deal you managed to get with the bank
That's the point though, if you can buy outright with cash, then you're fine. So basically need to already be super wealthy to hoover up more. No way for the working man to be in the game anymore.
There are many new houses being built and available for people. Landlords represent a tiny fraction of the market, so don't just repeat the echo chambered waffle.
@@lkearney7299 A tiny fraction ... got some figures mate ? Becasue what I'm reading is we now have more renters than home owner/tenants in this country for the first time since Thatcher. Are you seriously saying BTL isn't a major driver of house prices ?
Just have to look at the build figures too! No where near meeting demand in yonks! Nor will be anytime soon due to now rising interest rates and brickies slowing down again as its too expensive for them and so the vicious cycle goes on for people like me - want to buy but wont - the simple math doesnt stack up yet! I mean come on this is high school 101
£25K a month net does not leave anyone with a couple of grand left. Try salary calculator UK to see the actual take home is barely liveable on. You are right though Samuel, the situation is diabolic& only meant to profit corporate landlords and the rich who make these rules.
@@ummb7963 yeah, they're probably in the same queue for food. Imagine how bad things are for the landlord - even after getting rent from his/her tenant the poor chap is in the same bank (that's food bank not money bank. The landlord should be at the money bank).
The main problem is being a landlord is for the already wealthy! It’s not a game for the penny pinchers and I don’t mean that in a mean way at all.. if you want to be a landlord but you can’t afford just to buy the house outright probably best to look at a smaller investment until your ready to jump into the fast lane.. again I’m not being mean I’m just being realistic..
How so? Im really happy, for me hundreds a month less than buying, no upkeep on my part, thankfully no issues with llord so far yet! No interest to buy for a very long time coming, simple math really! 💰💰💰👍😁
This country is becoming choked by silly and unfair laws. For pity's sake some schools do not allow baah, baah black sheep, it has to be baah, baah rainbow sheep. What is wrong with black as a beautiful alternative to white? I've just had a bout of nerves after visiting one of my two rentals properties. My income is less than many on minimum wage and that is including my pension. My rent helps but does not give me a luxury lifestyle. The tenants appear to think heaps of dog shit, neglect, broken meter cover, general mess and squalor is fine. I'm just about to give them a new front door but cannot afford such luxury for my own house. They want a new wash bowl for a sink they cracked but fortunately that is down to them. Horror upon horror I found they had succeeded in having a broken back door I installed before and had attached a cat flap in white despite the windows and doors being brown. Please ! Landlords need laws to protect them, not deter them. My only choice was to stop being Mrs Soft and to instruct the agents I pay to manage it to photograph every room so then I must make some sane choices. The house was spotless when former tenants, lovely hard working Polish people moved out and back to Poland. I actually gave them money for their care and as a gesture of gratitude. We landlords are not monsters and have worked so hard during our lifetimes to buy a house, or our parents did to provide for us. I either must move in myself, sell it and get a big tax bill or carry on with the hope they might actually live and not destroy this house which, by the way is actually nicer than my own humble but loved home.
2018, I sold all my rental properties, bought silver and gold and gave the interfering Marxist council the middle finger and life has become far less stressful, in fact beginning to enjoy life again.
The problem is buy to let mortgages. If you can afford to buy a house outright to put up for rent, good for you. But buy to let mortgages should be illegal.
People are not having babies.. future is not great, everybody is fed up, oppressed with rules that does not benefit families. We just exist and people dont want to create kids to suffer
in greece we have to go to court to evict tenants. The court decision can take up to 3 years . After the eviction landlord is obligated to STORE tenants staff. !! do you think you have real problems in uk?
does that 3 month issue apply to the banks also - are the banks also skuppered when trying to evict tenants that dont pay or do the rules only apply to landlords
Sam how’s the court cases going mate ? You seem angry in your newer videos now .. hope it’s not because of all the money you will have to pay back to the unsatisfied customers from your courses
My jaw dropped when my £250 mortgage went up to £380. Then I heard other people were paying well over a grand a month. It's safe to say they are either drowning in debts by now, or are working two jobs to keep up. Both cases encourage selling and getting cheaper accomodation option. I am waiting for the house prices to crash, then I can buy a second home for my mother to retire.
depends where you buy.bought flat in feb this year.105 k spent 5 k rent for £800pcm mortgage £350 pcm interest only played the game 24years my probs is 40% tax🤔
you can put your own contract, sure, but it can not be in direct contradiction with the law. law is above the contract so if you try to kick them and they go to court, all you can do with your contract is wipe your tears.
Great video and yes, very depressing times. Lets hope a new government can offer some concessions to first time buyers, landlords and tenants as this government is an utter disgrace
Please man my landlord have a few houses bought many years ppl already pay off his mortgages with his minimal investments. Wind comes from plasterboards,house is need maintenance,insulation, 30 years old radiators are not efficient and for 1 y he cannot install thermostat valves, because cavity wall and lack of insulation around windows I can hear everything trough windows... Its typical British standard house to squeeze money with only changing kitchen unit ,vinyl/rubber cheap flooring,bathroom cheapest materials which are not modern and last long because of poor quality every 20 years! That why his driving porsche , land-rover and average tenants are living in poor quality houses in standards from 80'.
Been thinking about dipping a toe in these sometimes treacherous waters. Been offered a deal by a family business that locates, refurbs and tenants and property before selling on to the investor and rents (6%, they get 2%) are guaranteed plus any refurbs needed in first 3 years. Sounds champion. Except a bit or research immediately shows that the sell on price to the investor is upto 20% over market value. So they are immediately taking out any future increase in value. One example is a 3 bed house they want 77k and in the same street is a property at 60k with a sitting tenant who has been there 12 years.
High interest rates plus law changes for tenants are killing landlord models unless you do holiday lets in a popular area!! More houses on the market will lower prices and get tenants more options!
Too right! Market is kind of frozen up right now. Few good options to rent, outrageous houses to buy. Loggerjam ahead until the builders keep abuilding but how theyre gonna sell em without pay rises beats me! Will need some hefty incentives to get me to even consider it let alone dump down a deposit! A bloody joke right now! Election year ahead means nothing will get done to some stability there 🤦♂️
Can go right ahead. At todays prices hugely overinflated, will cashflow but will need hige reinvestment in very near future. I wouldnt touch mine with a barge pole! Min 30% overpriced and will need prob 100k reinvestment. No thanks!
@@BoBo-se9gw it is over renting in the UK, rather like saying/thinking, Prince Harry really is Charles is biological son, oh the British love playing games with themselves and love been in total denial…and like to throw in stupid sayings like …( it is what it is…well you never know….thats life….never give up….things could change…..my glass is half full….tomorrow is another day…..well their you go….) quite prophetic.
Depends how much you can charge for rent ie a friend of mine charges £1,880 for a 4 bed interest only repayment is on £880 , so interest will have to go up significantly for them to be out of pocket
This would of been a great time for average joe to finally be able to get on the property ladder as the landlords flood the market with properties, but if the banks are the ones buying up the supply then it means its only going to get worse for average joe and worse for landlords and the only winners will be the banks and governments. I hope somebody in power starts a movement to take back residential property and stop making it about money and business and focusing on getting people housed affordably, with true ownership, that will change the whole countries mindset and optimism for the future. Right now so many people are renting and cant afford a basic lifestyle and they're watching real estate guys play ATM machine with their residential properties.
I was so lucky,my tenant gave me notice so I immediately put the house up for sale and sold it.I owed £35000 less on the house I live in than what my rented house was worth yet my mortgage was £150 a month more than what I was getting rent,it just didn’t add up
You’re bang on correct pal, I’ve just paid off all my mortgages, when they were cheap as were houses. BTL is over for the beginner, as for tenants rights I’ve had scum sit in mine over Covid and not pay anything no help from no one. I’ve got good tenants atm but once they go I’ll probably sell up. Get out of this once ‘GreatBritain’
Property has always been valued 3-5x the average household income. Giving there are 2 incomes per household compared to the 1 income when your grandad bought his house means homes have always been about the same price unless you buy in a high demand location you will pay a premium
Complete opposite in Australia. Rentals are in huge demand due to the mass amount skilled migrants being let into the country. 3bedroom Properties used to rent $3-400 pw are now fetching $6-700 pw. But you literally will find a tenant within a week of posting it online. Still a lot of money to be made as a property investor if you were in the market pre covid. It’s the young people,new home buyers that are struggling to get into the market within 1 hour of major cities as they’ve been priced out and are forced to look to outer suburbs.
This is exactly why property prices wont increase in real terms. Affordability and meagre salary rises means supply/demand of house price is going down.
Not seen your videos in a while mate. Well done on the weight loss, you're looking so much fresher, younger and energised. Great to see more property Guru's prioritising their health. You might know Saj Hussain he's one of my clients who's also done remarkably well
Hi just looking for a bit of advice, I currently live in London renting at £1900 pm but have found my perfect property on the south coast but am not ready to move just yet due to business commitments, so was looking to rent it for a year or so then move in, is there a way of not having to put down a 25% deposit as would be a bit of a stretch. Any ideas please
Buy it as your own residential home with 10% deposit. You ask for consent from your lender to let out after a month or so taking over it from previous owner.
Just buy a REIT exposure over seas or in the UK, your choice. More to life than houses ie - warehouses, offices, police stations, clinics, factories, supermarkets etc etc etc All from the click of a button ...
Couldnt be more agree. Good to have tenants right but what about the landlords right. The Landlord who didnt go for that holiday or didnt bought that car to save up for deposit. And they screwed, tenants will pay anyway. Since if everyone gets out rent will be ridiculously expensive. Its a joke this system is.
Isn't this by design though....? Meaning if it's true, you will own nothing & be happy, they have to cripple property owners in the residential market so big business will snap up the repo's or anything on the market with an urgency to sell by landlords...Or is my mind diabolical lol Too many movies? lol
'Isn't this by design though ...' and '... you will own nothing & be happy ...'. You have heard a couple of soundbites from propagandists and they have taken root in your brain without your even understanding anything.
Thing is uk housing market is broken. Im glad I’ve sold up my grans rental investments. On both sides it’s messed up. Im very fortunate to have brought my own house out right and is a free hold. But for most buying a home is an ever extremely hard goal or out right impossible. Also i see renting as a trap due to if its most you pay goes to rent you probably don’t have much flexibility to save. Enes maybe rent to buy may offer some flexibility. And it creates an ever sprawling out of control. Let alone migration issues, cost of living and more expensive government policy’s laws and dictates. It’s MAD
Okay, so buy cash or buy repayment mortgages which yes are high interest but still profitable. It’s harder now to build a large portfolio fast, not necessarily harder to be a landlord in general if you already have cash/assetts
Im selling my portfolio. The margins are so low now, and the osts of putting the flats right every 4-5 years meant the only profit was in equity. The cessation of the Section 21 makes it easier for bad tenants to take liberties. The value of an STA wont be worth the paper its written on. Nice one Government, very short sighted policy making 👏🏼 👏🏼 👏🏼
“Doesn’t pay to be a landlord anymore” so does that mean you’re going to be quitting / selling up?? I’ve got a tonne that says you won’t be. A lot of investors are actually buying quite aggressively this year.
Is it bad before u mentions the ways around it, It scared me to believe I can make it as a landlord no matter the current circumstances. I will make it happen no matter the economy
When you first put a property on the market to sell, the first type of buyers who come in with an offer are those with an incredible low offer. These are actually people who work for the banks and institutional investors. They are hoping that people are so desperate to sell that they can strike a really low deal. Just beware if this is you!! You also left out the capitol gains tax clobbering at the end of the sale.
I've been on the narrative of the video for about over a year. And, my only suggestion for regular people like myself is simply to NOT take steps beyond what you can calculate and sustain. If getting on the property/real estate ladder in this period of time is what you seek, then be open to the idea that you may be on a negative cash flow and that breaking even on costs to gain equity is still better than not gaining equity... Not to discourage people whose livelyhood depends on real estate, if you provide a service and value to the market, you'll likely see positive cash flows, but if you're not investing yourself to great extents in the sector, you likely won't find yourself with a solid net positive portfolio
Samuel . Prices are not rising it is the value of this fiat currency is falling in value because of the increase in the money supply which is called inflation
You have told the world the truth all in this video. Honestly you couldn’t have said it all any better! Yes some landlords are killing it but the average like you and me are on the middle line as not much profit now. Keep up the good work bro ❤❤❤
Landlords eating from foodbanks... They clearly cannot afford to be landlords....Sell the asset (the property) and let someone else take over, simple! They would make a lot of the sale as some landlords do not require mortgages.
That's why i now invest my money with developers and get great returns and I don't do anything. Had to get out of the stress and glad I found other options. This old way is dead.
You are obsoletely right. But unfortunately not many are talking in favour of landlord's. None of the main political parties are in favour of landlord's. This is obsoletely disgusting and unfair how the landlord's are abused by the government and thr tenants.
Once rental housing stock is in to corporate hands, they will data share to assess risk of rental default. This will jack up rentals for those deemed to have less secure employ,ent, of child bearing age and the elderly. It will also block some people from renting full stop.
SECRET VIDEO HERE: www.samuelleeds.com/lp/mini-course/landlord-secrets-revealed/
The banks are going to be the new landlords instead of banks selling mortgages they collect rent .
Need your help ASAP, please contact me
Oh really?! Is this for real?! As if yes,we are going to live like in Communism not a free world.
My landlord has been fighting to raise the rent by 12 percent. Not only that but he also wants us to pay for all of the money that he missed out on during the pandemic where he was not allowed to raise the rent as much as is usually allowed, so if this all goes through, I am looking at forking up around 2 grand just from that plus having to pay 12 percent more. He owns buildings throughout Canada and it is a multi billion dollar business that is still growing as he buys old buildings, fixes then up and jacks up the rent to outrageous levels and has other building being built, so he is by no means hurting financially.
He is trying to get away with as much cosmetic work as possible to attract others and wants us to pay for every last thing he does to the building. He legit has the worst pictures taken of a few spots that are pretty bad but all the rest of it, no pix are taken, one example is in the replacements of the metal railings and spindles for the balconies where most of them just needed a good paint job with some of the balcony floors just requiring a good pressure wash to get them looking new. At that point it is no longer about needing any extra money.
You buy an old building, you have more have to repairs and costs that come along with it, that should not be our problem. He has more than enough to live a very comfortable life without ever having to worry even if the cash flow comes to a screeching halt, so it is just pure greed at this point. I know an 81 year old lady in one of his neighbouring buildings who was grandfathered in and they have been trying to get her to leave, and to add insult to injury they are only offering her 3 grand to do so. All of this leaves only one option, that is, that he is heartless. It is just absolutely ludicrous.
The issue is that either the renter or the owner must in some way pay insurance and property taxes if they want a "permanent roof" with utilities like electricity, gas and water. Because of this, many people-at least in California, where I currently reside-are living in tents. No taxes, rent, mortgages, or insurance. The number of people who tell me they live in their car that I meet amazes me. Its crazy out here!
I get such worries too. I'm 50 and retiring early. Already worried of the future and where its headed, especially in terms of finances and how to get by. I'm also considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?
Personally, I can connect to that. When I began working with Annette Marie Holt a fiduciary financial counsellor, my advantages were certain. In these circumstances, I would always advise getting professional help so they can steer you through choppy markets and just give you indicators and strategies for knowing when to enter and exit the market.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $400,000.
@@hasede-lg9hj Please how can I connect to your advisor? My funds are being murdered by inflation, and I'm looking for a more profitable investing strategy to put them to work.
Please how can I connect to your advisor? My funds are being murdered by inflation, and I'm looking for a more profitable investing strategy to put them to work.
They don’t want the middle class to have assets
They don’t want the middle class
@@Hullraaexactly and they don't want indigenous working class people either
Bang on the nail
Yes, wealthy people are squeezing out the middle class. An ordinary family will never afford a house and the middle class are competing with wealthy people for the limited homes the UK has. Wealth inequality will destroy this country
Very true
you will own nothing and be happy, its by design , WEF told us
It’s absolute joke! Lloyds said they would be the biggest landlord by 2025 🤔👀
@@LMWORLDWIDEI used to rent a property which turns out to belong to a 'bank'. They offloaded quite a few when there was a new property law that took place 6 or 7 years ago.
Cannot wait for The Great Awakening. Look up Nesara Gesara. If you are Awake you will no.
Exactly.any mean possible to make you a surf . Inflation is a weapon on the working class to keep you poorer . all by design wars and influx of migrants. benefit cut for the British people they want your house and property off you.
How do they know that you will be happy?
Funny people think that if landlords sell up is a good thing... Rents will be sky high if landlords sell up as private companies will own everything
Or landlords selling up is just the first step, and then … ban on foreign and big company investment
Then working families will be able to buy … makes sense !
@@Snytcnikovyou my friend are so naïve if you think that’s going to happen. Supply and demand dictates that prices will just keep going up, with an ever growing population and a distinct lack of new houses being built no matter how many landlords sell up prices and rents are not coming down….. accept it and get used to it bud 🤷🏻♂️
@@Snytcnikov wishful thinking but it's the big investment companies that pretty much run the world
@@AdzP9 Totally agree. It's an ever growing population so the demand will always be there
@@AdzP9 maybe naive yes .. but that is 100% what a government should be in place to do .. ensure that the people doing the hard work (teachers and nurses) can afford to own the homes they are paying for ..
If governments keep allowing foreign investment in our property and incentivising BTL landlords to get more and more interest only mortgages our economy will die fast
Don’t be a lemming mate ! These problems with housing will affect all of us in one way or another .
I looked up an old flat I used to live in, in Bayswater, London. One bedroom, one living room one bathroom a kitchen and a small courtyard.
My landlord purchased the property in 1999 for £95k. I used to pay £1250/m rent.
That flat is now worth £725,000 according to the real estate estimator I was looking at last night.
When I was renting I could have bought the 1 bedroom flat upstairs for £235,000 in 2004 but didn’t have the deposit. That flat is now worth £800k!
Things are insane!!!
Mental prices , as wages have doubled , but flat prices have quadrupled!
Bubble once again, about to go bang!
Thanks to 14 years of tory rule.
I just had a conversation with my landlord, who’s having to increase my rent by over £100 a month just to break even. I’m very lucky they don’t need to sell, but the fear that it could get a lot worse is scary. There are no homes to rent, and I can’t buy
Housing crisis triggers a market crash or a financial crisis, it could send shockwaves through the stock markets worldwide. I’m worried about my investment of over $600K stocks. Is this a time to consider diversifying my portfolios?
If the housing market takes a hit, it might lead to reduced consumer spending and overall economic instability. I advice you consult with a professional about your investment portfolio to enable you to take advantage of the downturns.
That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
The advisor that guides me is Annette Christine Conte , most likely the internet is where to find her basic info, just search her name, She's established.
Annette Christine Conte is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
We need to be clear about the fact that this will only impact Landlords who own very few properties or a single property and are living off of a wage.
Business who buy up properties will not feel this, this is yet another way of transferring wealth from the middle class to the upper class.
Absolutely love it!!! I'll have to be financially stable in every sense before purchasing my first supercar. The best thing to do with your money is to invest rightly because money left saving will end up with no returns
Yeah and Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional in order to navigate this recession and achieve potential high yields and taxation.
you don't need that much, as long as you have 250k to 350k in cash, and earn at least 40k plus is fine. It not like you are going to pay the car off, get the car, drive it for a year or two then get something else. You don't need millions of manov to oniov nico thinnc.
Most people miss it but the secret to retiring comfortably is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive
Our family got introduced to a financial consultant about four years before my dad retired. That was what changed things, and I think my retirement income will be on the right track, luxury cars and trips
@@rodgertim2881 Please could you guide me on how to get in touch with your consultant? My funds are being eroded by inflation and seek a more lucrative investment strategy to effectively utilize before I consider retirement.
Sucks for decent tenants too my friend, we should unite together 🙌. Government has screwed us all!!
Exactly, section 21 is been issued right left and centre, landlords are destroying decent tenants,turning their lives upside down overnight. Literally making them homeless !!!
Under section 21., you literally have only eight weeks to find another place. A lot of them can’t afford higher rents elsewhere. Mothers with babies, good people with pets. They don’t care..
Good tenants are being evicted under section 21 in the middle of a housing crisis.
Also, hes forgetting to mention that there are an unbelievable amount of landlords who already have finished paying for their houses.
@@chello70 Government caused, they know full well it will be worse for tenants as landlords want to get out, but as long as it suppresses everyone's situation that's all that matters.
Good riddance i hope labour get powers to kuck out private landlords re posses their propertys and rent them out at a low rent with life time rights to luve in them. Get rid of freeholders also.
All by design. They don’t want anyone to have anything
Come down to Cornwall and do a tour, and explain to existing private landlords how to restructure into a company structure cost effectively, help the people that are already in the game and struggling, so they can keep their tenants then you will have a win win situation that helps everyone.
Service charges has been biggest reason why landlords are selling their apartment.
A two bed room flat in Liverpool on £600 rent and owner have £500 service charge to pay.
How would you even breakeven
WEF / Globalists
Capitalism. It's a system as old as time.
landlords eating out of food banks, have a day off.
You are completely wrong that you do not need to go to Court for a s21. Of course you do. ANY eviction requires a possession order, which requires a Court order, whether its s21 or s8.
These truly are bad times for the majority, im in a group of entrepreneurs, there about 12 of us in the group chat and we're all self made in different fields. I'd say the outlook of our group has never been so negative in the 8 years we've been in it. i'd say 9 out of 12 in the group are struggling right now where as before the pandemic all 12 of us were killing it in our own fields.
What if you by the property out right? With no buy to let? Is is still worth it then?
Greedy, over leveraged landlords are being squeezed by the balls. And rightly so
I must live in a different world to you ,I’m still buying and the houses I already rent are doing fine , I haven’t increased any of my rents because my tenants can’t afford it, I do eat beans but I haven’t had to go in a food bank, yet, , there’s some cheap houses out there and plenty of buyers I had to bid against 3 other cash buyers the other day I lost because people are still buying the buy to let market is doing ok,
can't work out if you bought properties that are 'under the radar' because you bought them long ago and they are no getting taxed fully of if you have avoided paying tax somehow? Otherwise how are you not paying more tax and thus doing less well, as ALL renters bar those under the radar say the same - that the new tax regime (rent taxable rather than profits and maintenance not off-settable) has wrecked the chance of profits. Just interested. What do you know that they and Samuel don't?
@@gurglejug627 I’ve been paying tax I since I started dealing in property my accountant makes sure I only pay what is due but if your buying all the time and spending all or most of the profit on referbing I’m in the building trade and that helps I don’t buy under the radar where did you get that from, the buy to let trade is doing fine if you do it right
Good point.
Really just depends on location and price range. People are always moving and the most desirable and well priced properties will keep getting snapped up quickly. They're in the minority though. Most areas don't command high enough rent prices to pay off mortgages with high interest rates but part of that depends on what deal you managed to get with the bank
That's the point though, if you can buy outright with cash, then you're fine. So basically need to already be super wealthy to hoover up more.
No way for the working man to be in the game anymore.
BTL landlords are one of the reasons house prices are so high.
There are many new houses being built and available for people. Landlords represent a tiny fraction of the market, so don't just repeat the echo chambered waffle.
Don't swallow the propaganda. The government are passing their failings onto Landlords and the public seem to be buying it.
@@lkearney7299 A tiny fraction ... got some figures mate ? Becasue what I'm reading is we now have more renters than home owner/tenants in this country for the first time since Thatcher. Are you seriously saying BTL isn't a major driver of house prices ?
Just have to look at the build figures too! No where near meeting demand in yonks! Nor will be anytime soon due to now rising interest rates and brickies slowing down again as its too expensive for them and so the vicious cycle goes on for people like me - want to buy but wont - the simple math doesnt stack up yet! I mean come on this is high school 101
All part of the plan!!
Capitalism
syaing that sounds like you have accepted ur fate, landlords need to stand up
£25K a month net does not leave anyone with a couple of grand left. Try salary calculator UK to see the actual take home is barely liveable on. You are right though Samuel, the situation is diabolic& only meant to profit corporate landlords and the rich who make these rules.
Why you trying to get a mortage on your own? find a partner double your income.
make it 50k and it sounds alot more affordable now doesn't it?
Landlords at food banks 😆 🤣 😂
poor landlords
Imagine the tenants then!
@@ummb7963 yeah, they're probably in the same queue for food. Imagine how bad things are for the landlord - even after getting rent from his/her tenant the poor chap is in the same bank (that's food bank not money bank. The landlord should be at the money bank).
@abdullahk8691
Lol yes they're not used to this sort of banking
@@ummb7963 😁
The worst part tenant not paying rent or damaging more then rent like maintenance
I’m in Wales, got a shop and flat, been saying this for 2 years.
Yes I'm in Nottingham...same
you've been saying you've got a shop and a flat for 2 years? huh
The main problem is being a landlord is for the already wealthy! It’s not a game for the penny pinchers and I don’t mean that in a mean way at all.. if you want to be a landlord but you can’t afford just to buy the house outright probably best to look at a smaller investment until your ready to jump into the fast lane.. again I’m not being mean I’m just being realistic..
Being a tenant in 2024 kind of sucks too. :D
How so? Im really happy, for me hundreds a month less than buying, no upkeep on my part, thankfully no issues with llord so far yet! No interest to buy for a very long time coming, simple math really! 💰💰💰👍😁
20% of my rental income goes to the country in income tax. Hopefully that will help us to find the money to pay people not to work.
This country is becoming choked by silly and unfair laws. For pity's sake some schools do not allow baah, baah black sheep, it has to be baah, baah rainbow sheep. What is wrong with black as a beautiful alternative to white? I've just had a bout of nerves after visiting one of my two rentals properties. My income is less than many on minimum wage and that is including my pension. My rent helps but does not give me a luxury lifestyle. The tenants appear to think heaps of dog shit, neglect, broken meter cover, general mess and squalor is fine. I'm just about to give them a new front door but cannot afford such luxury for my own house. They want a new wash bowl for a sink they cracked but fortunately that is down to them. Horror upon horror I found they had succeeded in having a broken back door I installed before and had attached a cat flap in white despite the windows and doors being brown. Please ! Landlords need laws to protect them, not deter them. My only choice was to stop being Mrs Soft and to instruct the agents I pay to manage it to photograph every room so then I must make some sane choices. The house was spotless when former tenants, lovely hard working Polish people moved out and back to Poland. I actually gave them money for their care and as a gesture of gratitude. We landlords are not monsters and have worked so hard during our lifetimes to buy a house, or our parents did to provide for us. I either must move in myself, sell it and get a big tax bill or carry on with the hope they might actually live and not destroy this house which, by the way is actually nicer than my own humble but loved home.
2018, I sold all my rental properties, bought silver and gold and gave the interfering Marxist council the middle finger and life has become far less stressful, in fact beginning to enjoy life again.
Marxist Council. But you're allowed to buy property and even rent it out? Hahaha.
Go one step further and move from the UK to another county give the scumbag uk gov nothing and enjoy life in a less overcrowded sunny counry
Sold mine last year. Good luck to all the renters that wished for this.
oh poor baby
The problem is buy to let mortgages. If you can afford to buy a house outright to put up for rent, good for you. But buy to let mortgages should be illegal.
ALL OF IT
IS WEF AGENDA
WEF TRAINED KING PARKER-BOWLES
People are not having babies.. future is not great, everybody is fed up, oppressed with rules that does not benefit families. We just exist and people dont want to create kids to suffer
in greece we have to go to court to evict tenants. The court decision can take up to 3 years . After the eviction landlord is obligated to STORE tenants staff. !! do you think you have real problems in uk?
Mum I am famous I made it into the first minute of a Samuel Leeds video 😎
Thanks for making this video Sam, you have hit the nail on the head mate!
does that 3 month issue apply to the banks also - are the banks also skuppered when trying to evict tenants that dont pay or do the rules only apply to landlords
Sam how’s the court cases going mate ?
You seem angry in your newer videos now .. hope it’s not because of all the money you will have to pay back to the unsatisfied customers from your courses
😮
😮😮😮 what happened? He seems genuine?
My jaw dropped when my £250 mortgage went up to £380. Then I heard other people were paying well over a grand a month. It's safe to say they are either drowning in debts by now, or are working two jobs to keep up. Both cases encourage selling and getting cheaper accomodation option. I am waiting for the house prices to crash, then I can buy a second home for my mother to retire.
The end of Vultures
depends where you buy.bought flat in feb this year.105 k
spent 5 k
rent for £800pcm
mortgage £350 pcm interest only
played the game 24years
my probs is 40% tax🤔
Smart lead gen video mate. Love it.
is the bill still happening because when i google it it says no
Which bill
Who benefits. ? Corporate landlords
Well why would the government allow a landlord to make money, when they have councils to do the same thing and bring them the money?
So glad landlords making money out ripping off tennants is about to be going out of the window
plowed all my money into uranium stocks x4 and still holding
Can you put in your own contract with a tenant that you can kick them out if don’t pay? Or is it not legal or could they fight it if needs section 8?
you can put your own contract, sure, but it can not be in direct contradiction with the law. law is above the contract so if you try to kick them and they go to court, all you can do with your contract is wipe your tears.
Remember: "You will own nothing and be happy", this is exactly what is happening
Lets see how far that goes with da police then! Back to the future riots n teargas here we go again
Great video and yes, very depressing times. Lets hope a new government can offer some concessions to first time buyers, landlords and tenants as this government is an utter disgrace
Please man my landlord have a few houses bought many years ppl already pay off his mortgages with his minimal investments. Wind comes from plasterboards,house is need maintenance,insulation, 30 years old radiators are not efficient and for 1 y he cannot install thermostat valves, because cavity wall and lack of insulation around windows I can hear everything trough windows... Its typical British standard house to squeeze money with only changing kitchen unit ,vinyl/rubber cheap flooring,bathroom cheapest materials which are not modern and last long because of poor quality every 20 years! That why his driving porsche , land-rover and average tenants are living in poor quality houses in standards from 80'.
😂very soon will be giving up the porsche if he wants to keep having tenants
Great to see landlords exit the market. Good news.
Been thinking about dipping a toe in these sometimes treacherous waters. Been offered a deal by a family business that locates, refurbs and tenants and property before selling on to the investor and rents (6%, they get 2%) are guaranteed plus any refurbs needed in first 3 years. Sounds champion. Except a bit or research immediately shows that the sell on price to the investor is upto 20% over market value. So they are immediately taking out any future increase in value. One example is a 3 bed house they want 77k and in the same street is a property at 60k with a sitting tenant who has been there 12 years.
High interest rates plus law changes for tenants are killing landlord models unless you do holiday lets in a popular area!! More houses on the market will lower prices and get tenants more options!
Too right! Market is kind of frozen up right now. Few good options to rent, outrageous houses to buy. Loggerjam ahead until the builders keep abuilding but how theyre gonna sell em without pay rises beats me! Will need some hefty incentives to get me to even consider it let alone dump down a deposit! A bloody joke right now! Election year ahead means nothing will get done to some stability there 🤦♂️
very well put together upload, hit the nail on the head.
The reason is so that Blackrock and Vanguard can buy it all up.
Can go right ahead. At todays prices hugely overinflated, will cashflow but will need hige reinvestment in very near future. I wouldnt touch mine with a barge pole! Min 30% overpriced and will need prob 100k reinvestment. No thanks!
@@BoBo-se9gw They print the money it means nothing to them. They want control of everything.
I sold my 2 bedroom flat 10 years ago, I use to rent out, , I could see the writing on the wall years ago..
Maybe exited the market a tad early, but each to their own!
@@BoBo-se9gw it is over renting in the UK, rather like saying/thinking, Prince Harry really is Charles is biological son, oh the British love playing games with themselves and love been in total denial…and like to throw in stupid sayings like …( it is what it is…well you never know….thats life….never give up….things could change…..my glass is half full….tomorrow is another day…..well their you go….) quite prophetic.
Spare Room Scheme is pretty much the only credible way to actually make some money. I pay no tax on the rent and I reside in the property.
Depends how much you can charge for rent ie a friend of mine charges £1,880 for a 4 bed interest only repayment is on £880 , so interest will have to go up significantly for them to be out of pocket
this sucks. having to pay the government tax for rent you receive from your propertly and they dont consider your monthly mortgage.
This would of been a great time for average joe to finally be able to get on the property ladder as the landlords flood the market with properties, but if the banks are the ones buying up the supply then it means its only going to get worse for average joe and worse for landlords and the only winners will be the banks and governments.
I hope somebody in power starts a movement to take back residential property and stop making it about money and business and focusing on getting people housed affordably, with true ownership, that will change the whole countries mindset and optimism for the future. Right now so many people are renting and cant afford a basic lifestyle and they're watching real estate guys play ATM machine with their residential properties.
I was so lucky,my tenant gave me notice so I immediately put the house up for sale and sold it.I owed £35000 less on the house I live in than what my rented house was worth yet my mortgage was £150 a month more than what I was getting rent,it just didn’t add up
You’re bang on correct pal, I’ve just paid off all my mortgages, when they were cheap as were houses.
BTL is over for the beginner, as for tenants rights I’ve had scum sit in mine over Covid and not pay anything no help from no one. I’ve got good tenants atm but once they go I’ll probably sell up. Get out of this once ‘GreatBritain’
I keep saying its not called Little Britain for nothing!
15k left over after i come out of my fix rate deal any advice what to do after?
You need to look at who's buying the houses ........ follow the money
The banks; Lloyds have already said they will be the biggest landlord in the next 10 years 🤔
Big business is buying and they don’t want us little fish in the same bowl as them you are right my friend,
@@LMWORLDWIDE banks should not be allowed to buy residential real estate, how does anyone in the government think thats ok?
@@krisb-travel absolutely; but our government is full of treasonous evil scum so what do you expect 🤷♀️
@@krisb-travel because they're invested, politicians dont do anything that doesn't benefit them
Property has always been valued 3-5x the average household income. Giving there are 2 incomes per household compared to the 1 income when your grandad bought his house means homes have always been about the same price unless you buy in a high demand location you will pay a premium
Complete opposite in Australia. Rentals are in huge demand due to the mass amount skilled migrants being let into the country. 3bedroom Properties used to rent $3-400 pw are now fetching $6-700 pw. But you literally will find a tenant within a week of posting it online.
Still a lot of money to be made as a property investor if you were in the market pre covid.
It’s the young people,new home buyers that are struggling to get into the market within 1 hour of major cities as they’ve been priced out and are forced to look to outer suburbs.
Vote REFORM!!!
Same thing happening in all countries, all by design.
to be fair though ladlords have been rinsing it up and profiteering too much, its about time things changed
have you tried the stock market?
This is exactly why property prices wont increase in real terms.
Affordability and meagre salary rises means supply/demand of house price is going down.
Why is the government saying that inflation is low?
Glad I got out in 2022 ! Great video
UK is Finished
I love the sad music, it's the cherry on the cake.
Not seen your videos in a while mate. Well done on the weight loss, you're looking so much fresher, younger and energised. Great to see more property Guru's prioritising their health. You might know Saj Hussain he's one of my clients who's also done remarkably well
If i was a landlord, I'd sell up.
No way would i trust a renter,everything is stacked against the home owner.
Hi just looking for a bit of advice, I currently live in London renting at £1900 pm but have found my perfect property on the south coast but am not ready to move just yet due to business commitments, so was looking to rent it for a year or so then move in, is there a way of not having to put down a 25% deposit as would be a bit of a stretch.
Any ideas please
Buy it as your own residential home with 10% deposit.
You ask for consent from your lender to let out after a month or so taking over it from previous owner.
Just buy a REIT exposure over seas or in the UK, your choice. More to life than houses ie - warehouses, offices, police stations, clinics, factories, supermarkets etc etc etc
All from the click of a button ...
Couldnt be more agree. Good to have tenants right but what about the landlords right. The Landlord who didnt go for that holiday or didnt bought that car to save up for deposit. And they screwed, tenants will pay anyway. Since if everyone gets out rent will be ridiculously expensive. Its a joke this system is.
Isn't this by design though....? Meaning if it's true, you will own nothing & be happy, they have to cripple property owners in the residential market so big business will snap up the repo's or anything on the market with an urgency to sell by landlords...Or is my mind diabolical lol Too many movies? lol
'Isn't this by design though ...' and '... you will own nothing & be happy ...'. You have heard a couple of soundbites from propagandists and they have taken root in your brain without your even understanding anything.
Thing is uk housing market is broken. Im glad I’ve sold up my grans rental investments. On both sides it’s messed up. Im very fortunate to have brought my own house out right and is a free hold. But for most buying a home is an ever extremely hard goal or out right impossible. Also i see renting as a trap due to if its most you pay goes to rent you probably don’t have much flexibility to save. Enes maybe rent to buy may offer some flexibility. And it creates an ever sprawling out of control. Let alone migration issues, cost of living and more expensive government policy’s laws and dictates. It’s MAD
Okay, so buy cash or buy repayment mortgages which yes are high interest but still profitable. It’s harder now to build a large portfolio fast, not necessarily harder to be a landlord in general if you already have cash/assetts
all by design
Is aleready goind up the prices because the salaries are going up
Im selling my portfolio. The margins are so low now, and the osts of putting the flats right every 4-5 years meant the only profit was in equity. The cessation of the Section 21 makes it easier for bad tenants to take liberties. The value of an STA wont be worth the paper its written on. Nice one Government, very short sighted policy making 👏🏼 👏🏼 👏🏼
“Doesn’t pay to be a landlord anymore” so does that mean you’re going to be quitting / selling up?? I’ve got a tonne that says you won’t be. A lot of investors are actually buying quite aggressively this year.
Is it bad before u mentions the ways around it, It scared me to believe I can make it as a landlord no matter the current circumstances. I will make it happen no matter the economy
When you first put a property on the market to sell, the first type of buyers who come in with an offer are those with an incredible low offer. These are actually people who work for the banks and institutional investors. They are hoping that people are so desperate to sell that they can strike a really low deal. Just beware if this is you!!
You also left out the capitol gains tax clobbering at the end of the sale.
I've been on the narrative of the video for about over a year. And, my only suggestion for regular people like myself is simply to NOT take steps beyond what you can calculate and sustain. If getting on the property/real estate ladder in this period of time is what you seek, then be open to the idea that you may be on a negative cash flow and that breaking even on costs to gain equity is still better than not gaining equity... Not to discourage people whose livelyhood depends on real estate, if you provide a service and value to the market, you'll likely see positive cash flows, but if you're not investing yourself to great extents in the sector, you likely won't find yourself with a solid net positive portfolio
Samuel . Prices are not rising it is the value of this fiat currency is falling in value because of the increase in the money supply which is called inflation
You have told the world the truth all in this video. Honestly you couldn’t have said it all any better!
Yes some landlords are killing it but the average like you and me are on the middle line as not much profit now.
Keep up the good work bro ❤❤❤
There is always the option to sell. No one is forcing you to be a landlord.
Landlords eating from foodbanks... They clearly cannot afford to be landlords....Sell the asset (the property) and let someone else take over, simple! They would make a lot of the sale as some landlords do not require mortgages.
That's why i now invest my money with developers and get great returns and I don't do anything. Had to get out of the stress and glad I found other options. This old way is dead.
You are obsoletely right.
But unfortunately not many are talking in favour of landlord's. None of the main political parties are in favour of landlord's.
This is obsoletely disgusting and unfair how the landlord's are abused by the government and thr tenants.
Once rental housing stock is in to corporate hands, they will data share to assess risk of rental default. This will jack up rentals for those deemed to have less secure employ,ent, of child bearing age and the elderly. It will also block some people from renting full stop.