Old Conservatives don't understand

[motorbiking]

40% have ended up as private rentals at double the social rent.

source?

 

[motorbiking]

I wonder if the needy, destitute, people on minimum wage, homeless, disabled people and their full-time carers, or young parents on zero-hours contracts

Are the ones able to get a mortgage and buy a house.

These "needy people"

If you read the rules you will see the criteria for qualifying for a council house. I'm not likely to get one should I wish to apply.

 

[denso13]

You are still not getting your head around the rules.

It came from the rules.

 

[motorbiking]

did you ignore the bit where it said "you’ll need to agree this first with your landlord".

You do like to ignore the bits you don't like

 

[denso13]

did you ignore the bit where it said "you’ll need to agree this first with your landlord".

So is it possible? Yes or no?

 

[JonathanM]

source?

https://www.theguardian.com/comment...essor Alan Murie,in the private rented sector.

Analysis by Professor Alan Murie for the 2022 UK Housing Review produced by the Chartered Institute of Housing found that 40% of council-owned properties sold off under right to buy ended up as homes in the private rented sector.

 

[motorbiking]

The linked article is worth a read

UK Housing Review 2022 shows England’s Right to Buy is a “strategic failure” and will exacerbate inequalities if left unchecked

New research revealed in the upcoming 2022 UK Housing Review has shed further light on the impact of the Right to Buy in England.

www.cih.org

Full report here:

https://www.cih.org/media/22bjrfde/ukhr-2022-web-version.pdf

 

[gas112]

I know, I just don't understand so called clever people being unable to grasp the very basic stuff.

Not that long ago they were trying to tell us it was expensive, unprofitable and time consuming to rent properties out too.

According to UK Finance, there were 440 buy to let landlords who had properties repossessed in the second quarter of 2023 – that’s up 7% from the first quarter.

And the number of BTL mortgages in arrears has rocketed by 28% in the same period – but that is 59% higher than in 2022.

With rising mortgage rates, there are now 8,980 landlords – double last year’s figure – in arrears.

..
.
So yep it does look like it can be expensive and un profitable to rent properties out

 

[carmanmemoranda]

According to UK Finance, there were 440 buy to let landlords who had properties repossessed in the second quarter of 2023 – that’s up 7% from the first quarter.

And the number of BTL mortgages in arrears has rocketed by 28% in the same period – but that is 59% higher than in 2022.

With rising mortgage rates, there are now 8,980 landlords – double last year’s figure – in arrears.

..
.
So yep it does look like it can be expensive and un profitable to rent properties out

Out of how many landlords?

Has the number gone up or down?

Are all struggling or the majority making good money

Show me any business where there are no losers whilst you're at it.

 

[gas112]

Out of how many landlords?

Has the number gone up or down?

Are all struggling or the majority making good money

Show me any business where there are no losers whilst you're at it.

percentages dont lie

 

[carmanmemoranda]

percentages dont lie

And nor do they give the whole picture.

Any other business models with no losers?

As I've said before, if you can't make it work for you, sell up.

 

[Deleted member 221031]

Nonsense.

It’s the exact thing that’s going to happen! Stop being a plum

 

[denso13]

It’s the exact thing that’s going to happen! Stop being a plum

There are over a million on waiting lists. More isn't going to help.

 

[Deleted member 221031]

I wonder if the needy, destitute, people on minimum wage, homeless, disabled people and their full-time carers, or young parents on zero-hours contracts

Are the ones able to get a mortgage and buy a house.

These "needy people"

Based on the earnings yes. But what will that buy them ?

I blame the Labour Party

 

[Deleted member 221031]

There are over a million on waiting lists. More isn't going to help.

is there a list break down ?