The incentive for any landlord to invest in rental property has basically disappeared. welcome to the world of over regulation and punishing the small time property investor.
Yep, i am a landlord in Manchester, i have already sold 4 (to first time buyers), and have just one property remaining which i will be selling depending on what Labour says about the Renters Rights Bill, i think in the end i will exit totally. God knows where all the people who cannot buy are going to live. London is like another planet in terms of property. What a mess we are in.
This country wants individuals to be broke, they don’t wanna see you succeed. I put my BTL apartment on Airbnb sometime last year and it didn’t make sense, guests would complain about EVERYTHING…so I rented it out. People are generally not happy to see you doing well. I wish you all the best brother 🙌
@theepicologist8811 Well done you are doing a financially wise thing. Using your capital to your advantage rather than for feckless welfare scroungers. .Every success to you
On your own you could seek out several of these financial advisors, make sure the one you settle on is a fiduciary and not a fake. Know what you're getting out of it and see if your targets can be met.
I don’t think he needs a finance advisor. He can manage his own finances and investments. He won’t want to pay someone to tell him what to do with his hard earned cash.
That is a risky attitude. A finance advisor can also provide you with objective and unbiased advice, especially when you are facing emotional or stressful situations.They can help you stay on track and avoid making an impulsive decisions that can harm your financial future.
I’ve been working with *Aaron Morgan Bell* , I started my first stock in Feb 21, 2022 I noticed the market went down the whole year so now I’m up a lot of money endless we go back to the October lows I will keep putting more stocks super excited for 2024 the payoff will be great.
@@paulgbar666 In many cases, it's because they can't afford to pay. The economy is circular and interconnected. From the late 90's banks have invested heavily in 'real estate', pushing and thereafter keeping the price of property high and making it unaffordable for most people. In the case of small holding landlords, they (national and local government) have introduced an insane amount of regulations and bureaucracy, which has resulted in very high costs. Add to that the cost of expensive insurance and maintenance, which the landlord has no other option than to pass that on to the tenant, its no wonder that many tenants default. Now, the landlords are blaming the tenants and the tenants blame the landlords. Ask yourself who benefits...clue: look at my third sentence. In a nutshell, the big guys do not like competition from the little guys.
@elbmw Yep todally agree that housing provision is inadequate However you are forgetting the elephant in the room. Now I know this could never happen but just suppose all the immigration since 1997 both legal and illegal disappeared? That would be about 10 million people gone. Back in the day I could get a sameday Dr's appointment Now I have to wait 15 days! With 10 million people gone there would be surfeit of properties Many LL would have to sell up as there would not be enough tenants So there is your answer to the housing problem. There have not been 10 million properties built since 1996. Let us say two occupy a property. Well there still hasn't been 5 million properties built. Whatever way you look at it mass immigration caused initially by Labour has caused massive detriment to the UK economy There are about 9 million welfare scroungers who could be doing most of the jobs the 6 million immigrants are doing The 4 million illegal immigrants are illegally working and illegally occupying rental properties. So LL and tenants alike are both victims of mass immigration. This situation is only scheduled to become far worse now Labour is the Govt. Suck in too much demand when there is inadequate supply will always result in asset prices increasing.
@@paulgbar666 Yes, agreed, but I get the impression that we ain't seen nothing yet. If or when we put a stop to rampant immigration, the housing bubble will burst and the LL will be stuck with a huge mortgage and no income. If the LL went on one of these buy-to-let schemes, the bank will repossess, in which case the banks will corner the property market almost completely. I get the impression that's the plan all along. There is no other reason to be targeting LL, since they supposedly provide an invaluable service to the country. I fear for my family and the country's future.
@@paulgbar666 yes, i agree....immigration is the main reason...it's also the main reason why we have so much sewage spilling out of thames,,,,everything is overloaded, way beyond capacity
Had quite a few friends sell there houses down south, and Brought Houses in Stoke on Trent. Because House Prices were so cheap there Now Mortgage Free have a 3 bed semi detached house with a huge garden for 150k. If I didn't have kids and settled job I would do the same. My Mortgage Rates have gone up over £390 quid a month. Now ULEZ and Parking permits, it's just tax, interest, and Tax Tax.
Edinburgh estate agents ESPC claimed on their YT channel that in 2023 50% of landlirds exited the market. In spite of these predominantly tenement flats flooding the market, there remains an extreme housing crisis in the city with maximum demand for 1 bedroom rentals. Edinburgh has an extreme shirtage of city 3- 4 bedroom family homes and this segment of market migrating to East of city
Jerome Powell literally said it on 60 minutes (maybe indirectly but anyone watching this gets it). Let's keep that aside. Everyone should have BTC in their portfolio
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
@S.Mir786 Indeed you are correct but that doesn't stop dopey Labour pushing their warped Net Zero ideology It just means any LL with any sense will be selling off their dud terrace properties long before anyone realises they have bought a lemon. No LL will be interested in buying. Those LL with these dud terrace properties need to sell off ASAP. Might as well do it now before being subject to the inevitable new CGT rates!
Yep. Epc C will drive out tens of thousands of rentals - especially impacting Terraces. Any landlord that hasn't prepared for this has been short sighted.
@S.Mir786 Exactly it simply isn't feasible to carry out such EWI or IWI. The costs make it all pointless. It would take decades to achieve payback. By then most older LL will be dead! Far better just to sell. These cheap terraces will be ideal for FTB if they can afford to buy which most can't. Their solution to cooler properties will be to put a jumper on! Yep heating costs will be a bit more but nothing that can't be affordable spread over a year. Personally I haven't used the CH in my D terrace for 3 years now. Use an electric fire occasionally. Couple of times that cold went to bed! But saved a fortune in heating costs. Heat the person by eating not by heating.
Thinking about buying, renting or letting a property in London? Book now calendly.com/danny_valencia/schedule-call?month=2023-08 Suggested Videos: Landlords Forced To Raise Rents: The Hidden Impact of Regulatory Changes - ruclips.net/video/S_SwySYN3ko/видео.html&t
@Paul-qg3iw You may not but millions of London tenants will. They need LL otherwise they are homeless. The PRS is a necessary form of tenure and always will be. That doesn't mean to say there will be sufficient LL to offer accommodation services. This fact will be reflected in far higher rental costs than would otherwise be the case. Tenants need lots of LL competing with eachother to keep rents lower. As you suggest BTL in London and basically everywhere is no longer a viable proposition. Where there are rental properties still available the rents for them will be much higher than today. Being a tenant is going to be a very expensive experience. Far better to save up and buy your own property. Trouble is most people are feckless and can't be bothered to save. That is their lookout.
@@paulgbar666 That's a fair summary but seriously I just don't care! Rather I am happy to see the PLR sector in London close (on a forward looking basis - majority of 'historic' B2L in Capital will continue as before). PLR really is not a good thing and now in London it is done. In a country which is terminal economic and societal decline, I guess that is one (very) small plus;)
@Paul-qg3iw It doesn't matter what you think. You are totally incorrect anyway. BTL is vital to house those unable or unwilling to house themselves. But as you indicate correctly the BTL sector is shrinking. This is very detrimental for tenants. BTL could shrink to nothing as it was prior to 1996 when there were no BTL mortgages. It was only 7% of the market and extremely difficult to source rental property. Back then you needed to be rich or have a very good income to be able to afford commercial loans. Potentially lenders will withdraw from the market if the assault on the PRS continues with the ridiculous RRB and EPC requirements. LL will sell up leaving millions homeless. That won't do the UK economy any good at all and yet that is what your economically illiterate comments suggest would be good for the UK. You are clearly clueless. Suggest you toddle off and keep your juvenile comments to yourself
@@paulgbar666 Not sure why your response is so full of invective. We are simply exchanging views in a (relatively) free society. My view matters no more or less than yours. For clarity, all I am saying is I am glad that B2L in London (where I live) is (a) over as a forward proposition and (b) it won't be missed (at all) by me. Sorry that this has caused you some distress;)
Why are investors so hung up on yield? Often missing the biggest earner from property….capital growth! As a property professional, this makes zero sense to me.
This country needs less landlords. They tell themselves they’re doing good by “giving people a home”, but if they stopped buying them all up, more people could be their own homeowners.
@@kazooi9963 Completely incorrect. Renters are not able to afford to buy. They will be homeless without LL or they will have to return to their familial home. LL are selling up due to the continuing assault on the PRS. As a former LL there is no way I would currently invest in letting properties.
@@kazooi9963 Nope that isn't correct LL buying property doesn't prevent anyone else from buying. There is plenty of supply.just that few aspirant FTB can afford to buy in high demand areas. There are plenty of affordable properties in the UK. Just that few want to live in those areas. Beggars however can't be choosers.
@@paulgbar666 the UK absolutely does not have enough housing. Housing targets haven’t been met since the 70’s either 250k houses a year not being built since 1977. There is already a shortage of housing, and when landlords swoop in a start buying all the houses there are, that unequivocally worsens the situation. Landlords, especially those with a large portfolio of houses, are one of the worst things to impact the UK housing market and they have a lot to answer for the current stat of things today.
@kazooi9963 Totally incorrect yet again. LL are selling up not buying. There are more than enough properties available to buy but few can afford what is available. You clearly don't understand what is occurring in the PRS. There is going to be a massive reduction in rental properties in the lead up to 2030. LL are getting out of the game and even more will do so once the Autumn Budget has occurred when it is expected CGT will be raised on 2nd property sales It is pointless building when they can't be bought. Even what is available isn't selling. Just look at the main Web selling sites. There are hundreds of thousands of properties for sale. Of course what is really need is not housing fir OO it is Skcial Houding fir the feckless who currently vanquish in unsuitable TA. But even jf Skcial Housing is built in vast numbers it won't do to indigenous British. It will go to illegal economic migrants and recent legal migrants deemed to be in greater housing need than the locals. Plus Social Housing is still being lost to RTB. There are streetsof houses up North which are boarded up. Lack of housing is definitely not a problem and I say yet again to your warped left-wing agenda LL are not preventing anyone from buying.
The incentive for any landlord to invest in rental property has basically disappeared.
welcome to the world of over regulation and punishing the small time property investor.
Yep, i am a landlord in Manchester, i have already sold 4 (to first time buyers), and have just one property remaining which i will be selling depending on what Labour says about the Renters Rights Bill, i think in the end i will exit totally. God knows where all the people who cannot buy are going to live. London is like another planet in terms of property. What a mess we are in.
I am a leaseholder in London with four properties. In process of liquidating three of my four properties and leaving this country. Qatar bound
Like many others😢
Don't come back you ripped too many renters now going to Qatar
This country wants individuals to be broke, they don’t wanna see you succeed. I put my BTL apartment on Airbnb sometime last year and it didn’t make sense, guests would complain about EVERYTHING…so I rented it out. People are generally not happy to see you doing well. I wish you all the best brother 🙌
@theepicologist8811 Well done you are doing a financially wise thing.
Using your capital to your advantage rather than for feckless welfare scroungers.
.Every success to you
@@mrpresident10
What a wally you are!
This LL housed tenants
Now where are they going to rent?
How does this work in terms of needing to save for a house deposit without family help in addition to investment savings?
On your own you could seek out several of these financial advisors, make sure the one you settle on is a fiduciary and not a fake.
Know what you're getting out of it and see if your targets can be met.
I don’t think he needs a finance advisor. He can manage his own finances and investments. He won’t want to pay someone to tell him what to do with his hard earned cash.
That is a risky attitude.
A finance advisor can also provide you with objective and unbiased advice, especially when you are facing emotional or stressful situations.They can help you stay on track and avoid making an impulsive decisions that can harm your financial future.
How did you find a good finance advisor? How do you know if they are trustworthy and competent.
I’ve been working with *Aaron Morgan Bell* , I started my first stock in Feb 21, 2022 I noticed the market went down the whole year so now I’m up a lot of money endless we go back to the October lows I will keep putting more stocks super excited for 2024 the payoff will be great.
on the other hand, the north has more problems with clients who don't pay rents regularly
@jpandyaraja That is correct fecklessness is a major problem up North.
Which is why being a LL is a PITA!
@@paulgbar666 In many cases, it's because they can't afford to pay. The economy is circular and interconnected. From the late 90's banks have invested heavily in 'real estate', pushing and thereafter keeping the price of property high and making it unaffordable for most people. In the case of small holding landlords, they (national and local government) have introduced an insane amount of regulations and bureaucracy, which has resulted in very high costs. Add to that the cost of expensive insurance and maintenance, which the landlord has no other option than to pass that on to the tenant, its no wonder that many tenants default. Now, the landlords are blaming the tenants and the tenants blame the landlords. Ask yourself who benefits...clue: look at my third sentence. In a nutshell, the big guys do not like competition from the little guys.
@elbmw Yep todally agree that housing provision is inadequate
However you are forgetting the elephant in the room.
Now I know this could never happen but just suppose all the immigration since 1997 both legal and illegal disappeared?
That would be about 10 million people gone.
Back in the day I could get a sameday Dr's appointment
Now I have to wait 15 days!
With 10 million people gone there would be surfeit of properties
Many LL would have to sell up as there would not be enough tenants
So there is your answer to the housing problem.
There have not been 10 million properties built since 1996.
Let us say two occupy a property.
Well there still hasn't been 5 million properties built.
Whatever way you look at it mass immigration caused initially by Labour has caused massive detriment to the UK economy
There are about 9 million welfare scroungers who could be doing most of the jobs the 6 million immigrants are doing
The 4 million illegal immigrants are illegally working and illegally occupying rental properties.
So LL and tenants alike are both victims of mass immigration.
This situation is only scheduled to become far worse now Labour is the Govt.
Suck in too much demand when there is inadequate supply will always result in asset prices increasing.
@@paulgbar666 Yes, agreed, but I get the impression that we ain't seen nothing yet. If or when we put a stop to rampant immigration, the housing bubble will burst and the LL will be stuck with a huge mortgage and no income. If the LL went on one of these buy-to-let schemes, the bank will repossess, in which case the banks will corner the property market almost completely. I get the impression that's the plan all along. There is no other reason to be targeting LL, since they supposedly provide an invaluable service to the country.
I fear for my family and the country's future.
@@paulgbar666 yes, i agree....immigration is the main reason...it's also the main reason why we have so much sewage spilling out of thames,,,,everything is overloaded, way beyond capacity
Had quite a few friends sell there houses down south, and Brought Houses in Stoke on Trent.
Because House Prices were so cheap there Now Mortgage Free have a 3 bed semi detached house with a huge garden for 150k.
If I didn't have kids and settled job I would do the same.
My Mortgage Rates have gone up over £390 quid a month.
Now ULEZ and Parking permits, it's just tax, interest, and Tax Tax.
Edinburgh estate agents ESPC claimed on their YT channel that in 2023 50% of landlirds exited the market. In spite of these predominantly tenement flats flooding the market, there remains an extreme housing crisis in the city with maximum demand for 1 bedroom rentals. Edinburgh has an extreme shirtage of city 3- 4 bedroom family homes and this segment of market migrating to East of city
Jerome Powell literally said it on 60 minutes (maybe indirectly but anyone watching this gets it). Let's keep that aside. Everyone should have BTC in their portfolio
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Only a fool would be buying rental property.
EPC C status will see most of the Northern properties not able to be let come 2030.
Good point - but most Victorian terraced housing won’t qualify for C to be fair! This needs to be scrapped!
@S.Mir786
Indeed you are correct but that doesn't stop dopey Labour pushing their warped Net Zero ideology
It just means any LL with any sense will be selling off their dud terrace properties long before anyone realises they have bought a lemon.
No LL will be interested in buying.
Those LL with these dud terrace properties need to sell off ASAP.
Might as well do it now before being subject to the inevitable new CGT rates!
Yep. Epc C will drive out tens of thousands of rentals - especially impacting Terraces.
Any landlord that hasn't prepared for this has been short sighted.
@@sfm5086 how can you change it? It’s not by new boiler or windows! It’s via External wall insulation and or solar panels - costing 20k plus ?
@S.Mir786
Exactly it simply isn't feasible to carry out such EWI or IWI.
The costs make it all pointless.
It would take decades to achieve payback.
By then most older LL will be dead!
Far better just to sell.
These cheap terraces will be ideal for FTB if they can afford to buy which most can't.
Their solution to cooler properties will be to put a jumper on!
Yep heating costs will be a bit more but nothing that can't be affordable spread over a year.
Personally I haven't used the CH in my D terrace for 3 years now.
Use an electric fire occasionally.
Couple of times that cold went to bed!
But saved a fortune in heating costs.
Heat the person by eating not by heating.
Thinking about buying, renting or letting a property in London? Book now calendly.com/danny_valencia/schedule-call?month=2023-08
Suggested Videos:
Landlords Forced To Raise Rents: The Hidden Impact of Regulatory Changes
- ruclips.net/video/S_SwySYN3ko/видео.html&t
london yealds are joke! but i made mistake to investing in London and now i have to sit tight!
Nice informative video, however could not view full due to the red noises in background that I find it annoying !
Delighted that buy to let (as forward proposition) is now finished in London. Won’t be missed.
@Paul-qg3iw
You may not but millions of London tenants will.
They need LL otherwise they are homeless.
The PRS is a necessary form of tenure and always will be.
That doesn't mean to say there will be sufficient LL to offer accommodation services.
This fact will be reflected in far higher rental costs than would otherwise be the case.
Tenants need lots of LL competing with eachother to keep rents lower.
As you suggest BTL in London and basically everywhere is no longer a viable proposition.
Where there are rental properties still available the rents for them will be much higher than today.
Being a tenant is going to be a very expensive experience.
Far better to save up and buy your own property.
Trouble is most people are feckless and can't be bothered to save.
That is their lookout.
@@paulgbar666 That's a fair summary but seriously I just don't care! Rather I am happy to see the PLR sector in London close (on a forward looking basis - majority of 'historic' B2L in Capital will continue as before). PLR really is not a good thing and now in London it is done.
In a country which is terminal economic and societal decline, I guess that is one (very) small plus;)
@Paul-qg3iw
It doesn't matter what you think.
You are totally incorrect anyway.
BTL is vital to house those unable or unwilling to house themselves.
But as you indicate correctly the BTL sector is shrinking.
This is very detrimental for tenants.
BTL could shrink to nothing as it was prior to 1996 when there were no BTL mortgages.
It was only 7% of the market and extremely difficult to source rental property.
Back then you needed to be rich or have a very good income to be able to afford commercial loans.
Potentially lenders will withdraw from the market if the assault on the PRS continues with the ridiculous RRB and EPC requirements.
LL will sell up leaving millions homeless.
That won't do the UK economy any good at all and yet that is what your economically illiterate comments suggest would be good for the UK.
You are clearly clueless.
Suggest you toddle off and keep your juvenile comments to yourself
@@paulgbar666 Not sure why your response is so full of invective. We are simply exchanging views in a (relatively) free society. My view matters no more or less than yours. For clarity, all I am saying is I am glad that B2L in London (where I live) is (a) over as a forward proposition and (b) it won't be missed (at all) by me. Sorry that this has caused you some distress;)
You’re only losing small time landlords in London, the properties are being snapped up by large corporations, good luck with that heartless bunch.
👎🏿No way. "LONDON is [a] "CASH COW".....✍🏿
Bye bye small landlords. Hello bank/large landlords!
So true..... and with the added benefit of paying a fortune to live somewhere :)
If i buy a property wherever except shitty property cages in the entire uk
Why are investors so hung up on yield? Often missing the biggest earner from property….capital growth! As a property professional, this makes zero sense to me.
Your not for real are you
We need lot more landlords we need less parasites but to let is subsidising free money !
*DON'T BUY PROPERTY IN LONDON*
Can you elaborate that?
Thanks.
Oh noooo 😢 😂
This country needs less landlords. They tell themselves they’re doing good by “giving people a home”, but if they stopped buying them all up, more people could be their own homeowners.
@@kazooi9963 Completely incorrect.
Renters are not able to afford to buy.
They will be homeless without LL or they will have to return to their familial home.
LL are selling up due to the continuing assault on the PRS.
As a former LL there is no way I would currently invest in letting properties.
@@paulgbar666 and they would be homeless because LL’s buying up all the houses makes homes unaffordable
@@kazooi9963
Nope that isn't correct LL buying property doesn't prevent anyone else from buying.
There is plenty of supply.just that few aspirant FTB can afford to buy in high demand areas.
There are plenty of affordable properties in the UK.
Just that few want to live in those areas.
Beggars however can't be choosers.
@@paulgbar666 the UK absolutely does not have enough housing. Housing targets haven’t been met since the 70’s either 250k houses a year not being built since 1977.
There is already a shortage of housing, and when landlords swoop in a start buying all the houses there are, that unequivocally worsens the situation.
Landlords, especially those with a large portfolio of houses, are one of the worst things to impact the UK housing market and they have a lot to answer for the current stat of things today.
@kazooi9963
Totally incorrect yet again.
LL are selling up not buying.
There are more than enough properties available to buy but few can afford what is available.
You clearly don't understand what is occurring in the PRS.
There is going to be a massive reduction in rental properties in the lead up to 2030.
LL are getting out of the game and even more will do so once the Autumn Budget has occurred when it is expected CGT will be raised on 2nd property sales
It is pointless building when they can't be bought.
Even what is available isn't selling.
Just look at the main Web selling sites.
There are hundreds of thousands of properties for sale.
Of course what is really need is not housing fir OO it is Skcial Houding fir the feckless who currently vanquish in unsuitable TA.
But even jf Skcial Housing is built in vast numbers it won't do to indigenous British.
It will go to illegal economic migrants and recent legal migrants deemed to be in greater housing need than the locals.
Plus Social Housing is still being lost to RTB.
There are streetsof houses up North which are boarded up.
Lack of housing is definitely not a problem and I say yet again to your warped left-wing agenda LL are not preventing anyone from buying.