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Shane Sutherland

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What load of crap!!

From: Shane Sutherland 24 June 2022 10:55 AM

Well said Michael... What planet do these idiots live on?!!

From: Shane Sutherland 24 June 2022 10:50 AM

Fair play to them. I'd do the same. If people don't want to pay those prices, move on and find something cheaper if you can. It's all about supply and demand. I'm in the holiday let business and always raise my prices when there's high demand, I'd be a fool not to. People are always ready to complain about the 'filthy rich' landlords..

From: Shane Sutherland 14 June 2022 09:51 AM

I've heard the same...no use unless your property is really well insulated etc

From: Shane Sutherland 24 May 2022 17:17 PM

Viva la Airbnb! Best thing since sliced bread for me.... 👍

From: Shane Sutherland 16 May 2022 20:43 PM

I've got 2 Short term lets. (Airbnb) and will continue the trend selling off the other PRS in my portfolio. You can't blame landlords for going down that route when you consider the sh** they have to swallow as a PRS landlord. In finding the short term lets much more lucrative, I have total control over them, theyre more tax efficient as the mortgage interest is fully deductible, I get the full 40% unlike the 20% on the PRS properties. The holiday lets are recognised as a business whereas the PRS properties are only recognised as an investment. Its short term all the way for me and I'm slowly dumping the PRS ones.

From: Shane Sutherland 12 May 2022 08:20 AM

Brilliant! Well said! 👍

From: Shane Sutherland 12 May 2022 08:02 AM

Same here Frances... No2 just sold and no 3 will be getting notice to leave soon.. I've had enough. 👍

From: Shane Sutherland 14 April 2022 11:43 AM

Me too... Second one under offer and 10 more to go... 3rd one goes on the market in June... Enough is enough.. I'm itching to get out of the PRS now.. Will hang on to my 2 holiday lets though... For now...

From: Shane Sutherland 07 April 2022 12:34 PM

100%correct Emily... What a load of tosh this story is!

From: Shane Sutherland 23 March 2022 16:27 PM

I'm not devastated.. I've started selling off my portfolio... Why would I want to continue trying to make an honest living in a cesspit when there are other less stressful ways to a earn a crust. It's my tenants I feel sorry for but I'm thinking of number 1 and getting out before they think of taking landlords rights away to sell their own properties... Nothing would surprise me anymore!!

From: Shane Sutherland 22 March 2022 09:11 AM

I've started the sell of now and I don't think I'll even wait for the 'one a year' process to max out on the £12k tax relief. Properties are selling well up North (Inverness) and I think I'll just keep selling while prices are good as I feel it will outweigh the pitiful 'one a year' tax relief, my accountant agrees.

From: Shane Sutherland 19 March 2022 14:42 PM

Agreed Paul. That's exactly what I'm doing. The ball is rolling and I for one can't wait to get out of the game. 👍

From: Shane Sutherland 16 March 2022 12:26 PM

The future isn't rosy at all... Hence I am leaving this game just as fast as I can sell my portfolio. Its never going to improve for landlords in afraid

From: Shane Sutherland 12 March 2022 22:17 PM

Couldn't agree more Max. They don't know what hard work is. I've got a couple of holiday lets and the rest are residential lets. I sold one a couple of years ago and I'm selling another one which goes on the market today.. This will be followed by the rest of them. I've had enough of doing all the hard work, investing my hard earned money only to be kicked in the teeth at every opportunity by HMRC and activists galore. A dozen rental properties will be sold as a result of this. That's just my portfolio...I'm sure that there are many other landlords planning to sell up as a result of all this. When will the penny drop I wonder? Not until its too late, that's for sure. I'm out!

From: Shane Sutherland 09 March 2022 07:50 AM

Couldn't agree more Simon. They automatically think the worst of landlords.

From: Shane Sutherland 07 March 2022 07:14 AM

I agree Tricia. This seems like a space filling article. It's of no relevance whatsoever to landlords.

From: Shane Sutherland 06 March 2022 08:03 AM

They have paid their rent and taken care of the property; they have made friends with their neighbours? How does she know that for certain? It's always the sane blarb... The poor helpless tenants and the cruel heartless landlords. They conveniently forget that landlords are running a business funded by their own hard earned and borrowed money (even though HMRC don't recognise this) and they expiect us to act like a charity. I'm preparing a house this week for the market and can't wait to get rid of the rest of my portfolio....all due to increasing red tape and costs. As they say in the Dragons Den.... I'm out!!

From: Shane Sutherland 02 March 2022 07:41 AM

I love Airbnb. Have transferred 2 of my properties into holiday lets and never looked back. A good example....today I got a 4 night booking which will show £445 in my bank after fees...I'd get around £630 - £650 per month renting it out as a residential..,.OK I have overheads but it makes perfect financial sense to me. No problems chasing rents either..

From: Shane Sutherland 28 February 2022 23:59 PM

Are you a landlord?

From: Shane Sutherland 25 February 2022 08:37 AM

Thanks Caroline but in my experience, other investors tend to want to buy cheaply. That's fine if you're desperate to sell, and your property isn't moving but up here in the Highlands (Inverness) the market is currently quite buoyant and things tend to sell fairly quickly at the moment.

From: Shane Sutherland 23 February 2022 07:53 AM

Same here Simon. I have tenants moving out this week at the end of their notice and that house will be going straight on the market, followed by the rest of the portfolio. I've had enough.

From: Shane Sutherland 22 February 2022 10:12 AM

Landlords won't have a choice eventually... It will be illegal to refuse a tenant because they have a pet... That's what it's coming to.... And that's why I'm getting out while I can... You invest and risk your hard earned cash only to have your rights stripped away and taxed unfairly.. and you're expected to smile and say thank you... Not me!!!

From: Shane Sutherland 11 February 2022 10:06 AM

Couldn't agree with you more Simon. I've already started the selling off process... I'm open to persuasion but I don't think I'll see anything in my time which persuades me It's better to hold on to my portfolio.

From: Shane Sutherland 09 February 2022 11:16 AM

This sheep is leaving the flock.... Second property gong on the market at the end of the month followed by the other 9. I'll take my profits less capital gains and reassess where to invest my hard earned money.

From: Shane Sutherland 06 February 2022 08:56 AM

Of course landlords are heading in this direction... They've been forced into it.

From: Shane Sutherland 02 February 2022 10:55 AM

Sell sell sell.... That's my answer to the problem... I'm out!

From: Shane Sutherland 02 February 2022 10:35 AM

Same here. I've already started selling my portfolio. Tenants moving out in a fortnight. The house will be put up for sale followed by another and another....

From: Shane Sutherland 01 February 2022 08:21 AM

Quite right Tricia. Very sloppy reporting and losing credibility every time they do it. If it carries on I will stop reading their fictional reports.

From: Shane Sutherland 28 January 2022 09:38 AM

Holiday lets are the way I'm headed. Much less hassle and your mortgage interest is used fully against tax at your current rate... I'm 40% so what's not to like compared to the measly 20% I get on my private rental properties and no hassle with payments or waiting ages to remove problem/non paying tenants. I have converted 2 to holiday lets and so far so good. 👍

From: Shane Sutherland 26 January 2022 15:58 PM

Good for you... Aren't you the perfect landlord. Ffs!

From: Shane Sutherland 26 January 2022 15:47 PM

This is the reason I'm selling my portfolio. It doesn't matter who's in goverment, landlords are getting hit from every corner. I'll be investing somewhere else, probably outside of the UK.

From: Shane Sutherland 24 January 2022 08:19 AM

£3260...sounds like a win win situation when you consider how much arrears non paying tenants can build up quickly.. My last one owed me over £6k, which I had to write off. I have one currently on 6 months notice as i wish to sell and guess what.... They have stopped paying rent.. Currently owing over £2k and growing by the day... The £3250 route sounds like quite a good option because once the 6 months notice is up, the tenant will be advised by the council to stay where they are as there are no rental properties available. Meanwhile, Muggins here is forced to provide a rent free property whilst still having to pay the mortgage, insurance, landlord registration fees, etc etc etc. No wonder I'm selling all my properties.. Enough is enough.

From: Shane Sutherland 20 January 2022 08:53 AM

Same here....selling at least one per year...I know selling more than one in a financial year will cost me a bit more in capital gains tax but I'm at the point now where I really don't care and just want to sell everything and get out of the cess pit.

From: Shane Sutherland 12 January 2022 19:27 PM

Brilliant Tony. My story is very similar to yours and I too am on the Airbnb path and intending to sell the rest of my portfolio. Being a PRS landlord nowadays isn't worth the hassle ....there are easier ways to make a living.

From: Shane Sutherland 11 January 2022 12:54 PM

100% Correct Dominic. I have 12 properties. I have sold one, I'm selling another once the tenants notice is up in March and the rest will follow year by year. I converted 2 of them into holiday lets but it seems that landlords are kicked where it hurts no matter which way they turn. We're not treated as legitimate businesses, taxed unfairly and it seems we have very few rights when attempting to gain possession of our properties and try to protect our investments when tenants don't pay their rents etc, quite the opposite; we are treated like scum. Why would I want to continue in such a one sided business? I'm pulling out and it feels good just knowing that. Enough is enough. Time to find somewhere else to invest my hard earned cash.

From: Shane Sutherland 10 January 2022 12:42 PM

They can change the name but nothing will change....we will still be made to jump through ever increasing hoops, face ever increasing obstacles and be forced to pay unfair taxes...I can't wait to sell my portfolio....I have provided good, well maintained homes for 20 odd years but I can see where it's going and I'm getting out before it's too late. I won't be waiting for more and more of this sh*t.....I'm going whilst the going is still relatively good....Adios amigos!

From: Shane Sutherland 07 January 2022 00:07 AM

Well said. I too will be selling my second property in March followed by the other 10..enough is enough. I'm itching to leave the whole sorry game... There's got to be better places to invest my hard earned dough

From: Shane Sutherland 05 January 2022 08:13 AM

Interested to hear how it went? I considered changing from gas to electric in one of my rentals recently.

From: Shane Sutherland 24 December 2021 15:03 PM

I'm getting out of the game before it's too late. Enough is enough... That'll be a dozen less rental properties available...

From: Shane Sutherland 23 December 2021 13:52 PM

Me too. I've sold one. I have tenants on their notice which ends in March and will be selling that one ASAP followed by the other 9..... Enough is enough! I can't wait to get out of the rental game. There's just not enough profit in it any more after taxes, expenses and all the hoops you have to jump through.

From: Shane Sutherland 20 December 2021 12:43 PM

I'm using 2 of my properties as Airbnb rentals and will continue to do so. I will be selling all my residential lets. Enough is enough

From: Shane Sutherland 13 December 2021 08:04 AM

I give a 10% discount for any bookings of 1 week plus....I'd be delighted to get long term bookings on those terms.

From: Shane Sutherland 17 November 2021 14:29 PM

That sounds quite good. I have a couple of Airbnb properties and quite like the idea of having long term guests with full cover.. Less changeovers... Win win. 👍

From: Shane Sutherland 17 November 2021 07:44 AM

Wtf has oil trading got to do with it?

From: Shane Sutherland 16 November 2021 17:09 PM

Typical council response. I can't wait to sell all my properties and escape the madness!

From: Shane Sutherland 10 November 2021 13:49 PM

This pr**k is totally out of touch and hasn't got a clue, like so many others. Can't wait to get out of this mugs game.

From: Shane Sutherland 26 October 2021 18:24 PM

What a c**k. Holiday lets create income which results in tax being paid... Just like any other business... I've got 2 Airbnb properties and 8 residentials... Im selling off the residentials... Not worth the hassle any more or the unfair taxes etc.

From: Shane Sutherland 20 October 2021 10:53 AM

There is no rewind button.... They will continue to hammer landlords into the ground... It's all part of the bigger picture... Whatever that may be... I've got tenants on notice to quit and will continue the trend, selling up as I go... Enough is enough... I'm getting out before they start fines for landlords who dare to sell their own properties... Nothing world surprise me any more. I'm out!

From: Shane Sutherland 05 October 2021 09:05 AM

Theo do anything to make it more awkward for landlords

From: Shane Sutherland 29 September 2021 08:07 AM

100% George Dawes. I'm one of those landlords selling up... There's got to be a better way of making a living.

From: Shane Sutherland 29 September 2021 08:04 AM

From: Shane Sutherland 27 September 2021 11:38 AM

I'm bailing out......enough is enough!

From: Shane Sutherland 21 September 2021 22:13 PM

That's why I'm selling up... I'll be keeping a couple for Airbnb.. Better orption, better money, less hassle. The government can find homes for my tenants... I've had enough of being classed as scum.

From: Shane Sutherland 20 September 2021 11:28 AM

Correct...I will increase rents whilst selling other properties... Why don't they tax plumbers more or bakers or Amazon? What is it with landlords that they have to be constantly hit below the belt?

From: Shane Sutherland 11 September 2021 13:36 PM

George Dawes... I've got 2 Airbnbs that are doing quite nicely thank you. They used to be let out as residential lets but goverment rules and regs and unfair taxes made Airbnb the obvious choice... I'm making Much more profit than I would have done letting them out to people who don't look after them, don't pay the rent and leave the place filthy and whine about their rights, backed up by the government. I got off my posterior and worked hard to build my business and I'll run it my way. People like you are the menace.... Not the hard working landlords who provide the homes that the local authorities have failed to provide.

From: Shane Sutherland 06 September 2021 07:19 AM

Bang on the nail! We landlords are expected to be taxed unfairly and differently to other businesses and then expected to just let tenants live in our properties rent free whilst we jump through hoops to remove them. 2 of my portfolio are now holiday lets. Best move I've made in a long time.

From: Shane Sutherland 09 August 2021 09:03 AM

Airbnb has been great for me. I have a portfolio of buy to lets and now 2 of them have become holiday lets. Airbnb is a great platform to use and they take 2 or 3%...what's not to like?"Also, holiday lets are more tax efficient. I'm making much more money than I would have made using these properties as residentials and I've no worries about getting rid of bad tenants. Will I be re-letting any of my properties as residential lets once a tenant leaves?.... Absolutely not!!! Short term holiday lets are the way forward for me. If I'd been treated as a legitimate business as a residential landlord and not been made to jump through countless hoops I would have happily carried on supplying rental properties. It seems the government want landfords to supply properties and be treated like something on the sole of their shoes..... No more for this landlord... As they say in the Dragons Den... "I'm out!"

From: Shane Sutherland 02 August 2021 08:25 AM

Grace, you really don't have a clue do you? Do you have any experience of running buy to lets paid for by your own hard earned cash?

From: Shane Sutherland 09 July 2021 08:24 AM

Why should landlords not do what they like with their own properties? If they were treated better and fairly there wouldn't be this mass exodus. I will NOT be taking any more tenants on...EVER.. I am selling up, one by one I've had enough.. The couple of holiday lets I have are a lot less hassle. I'm not a charity, I'm a business... Just a pity HMRC and the councils don't see it that way.

From: Shane Sutherland 09 July 2021 08:08 AM

Not all mortgage companies are flexible when it comes to change of use... They want the extra percentage in my experience. I can't understand why holiday let rates should be higher than buy to let. Just a money spinner.

From: Shane Sutherland 29 June 2021 11:28 AM

I can assure you that I won't be investing... I'm starting to reduce my portfolio... It's far from the attractive investment it was when I started out 20 plus years ago.. I'm getting out whilst the goings 'good'.

From: Shane Sutherland 25 March 2021 09:33 AM

When is this crap all going to end? Pay your rent or do the decent thing and get out... Same as any business transaction... If you cant afford it don't buy it.

From: Shane Sutherland 18 March 2021 12:57 PM

Unbelievable... It seems like open season on landlords! Anyone else want to have a go?

From: Shane Sutherland 16 March 2021 13:07 PM

You can keep pushing the rents up but eventually they will become unadfordable.. Bottom line is.... When they stop paying the rent you can't get them out.. I know through bitter experience... That's why I'm selling my portfolio... Been doing this for 20 plus years... Time to try something else... Not sure what though

From: Shane Sutherland 15 March 2021 09:44 AM

Imagine someone on benefits trying to arrange finance for a new car... They would be refused because they couldn't afford the payments... Would the finance company be charged with discrimination? NO! Why should it be different for landlords?

From: Shane Sutherland 25 February 2021 14:24 PM

Imagine someone on benefits trying to arrange finance for a new car... They would be refused because they couldn't afford the payments... Would the finance company be charged with discrimination? NO! Why should it be different for landlords?

From: Shane Sutherland 25 February 2021 14:24 PM

Well said Andrew Townshend.....people expect everything for minimum effort these days! I built up my portfolio from the sweat of my back and focusing and saving for the next deposit to invest in the next prroperty.....it CAN be done. If people don't want to graft to get on in life, that's their choice but they have NO right to expect us hardworking individuals to give them free/cheap homes. I'm running a business (I wish HMRC would recognise that) not a charity!!!

From: Shane Sutherland 10 February 2021 11:31 AM

I looked into renting a property to the council in Inverness....not only were they offering WELL below market rent, they also said if the boiler etc were to breakdown they would be looking to me to arrange repairs!! Also the property would have to meet their criteria prior to them signing a lease...That wasn't a concern for me as my properties are kept to a good standard anyway but I walked away sharpish from them...It seems to be all take, take , take from landlords...enough is enough!

From: Shane Sutherland 10 February 2021 11:19 AM

Keep taking the rent and the ever increasing bulls**t we've got to eat...If we don't sell they'll just think of some other way to screw landlords....we're powerless and they can do what they like. Some landlords will have no choice and will be forced into selling due to bad tenants, government legislation etc. I got into the game over 20 years ago to provide a pension for myself...I've got 11 properties left and I'm going to be selling them one by one as tenants leave....I've had enough...I've changed 2 of my properties into self contained holiday lets....patiently waiting for some business now...

From: Shane Sutherland 10 February 2021 11:09 AM

Blatant disregard for their client/landlord. Shocking. They should be penalised heavily for that.

From: Shane Sutherland 28 January 2021 16:26 PM

Nothing wrong with AirBnb. I'm in Scotland . It works very well for me. Who can blame landlords for trying to escape from the nightmare world of long term renting when tenants have all the rights, and will take full advantage of them? Landlords are treated like scum by the government, no help when attempting to evict non payers etc, in fact, as far as I can see they put obstacle after obstacle in your way. We're also taxed differently to everyone else in the country. Not recognised as a legitimate business yet taxed more than anyone else. I've been a landlord for over 20 years now. and have 12 properties, 2 of which are legitimate AirBnb/holiday lets.....less hassle, more profit, property is maintained , I can sell it when/if I want with no lengthy notice periods etc. I've had enough of long term lets and will be selling the portfolio one by one. Enough is enough.

From: Shane Sutherland 25 January 2021 11:51 AM

What's this crap all about? This is 2021...not 2018.... .give us up to date news or don't bother!!!

From: Shane Sutherland 12 January 2021 10:38 AM

From: Shane Sutherland 12 October 2020 20:46 PM

Buy to let landlords aren't really recognised as businesses by HMRC. They're seen more as housing charities that they can tax unfairly and rip off over and over again. We're taxed on turnover not profit like other businesses.. That's criminal!!! No way would I recommend someone coming into this game these days. I've had enough of being played for a mug and will be selling the portfolio. Someone else can take on the responsibility of housing these people..

From: Shane Sutherland 04 September 2020 07:44 AM

Can't wait to sell the portfolio and escape the madness... Enough is enough!

From: Shane Sutherland 01 September 2020 17:48 PM

Shelter need their arses kicking! Just like the HMRC they see landlords as a charity not a bone fide business. Unbelievable what we have to put up with... Can't wait to get the whole portfolio sold... Enough is enough

From: Shane Sutherland 13 August 2020 15:10 PM

I have 11 reveal properties and the cost of transferring them into a ltd Co was ridiculous. I was advised not to. I'm selling up instead... One per year... I've had enough... Got to be an easier way to earn a living!

From: Shane Sutherland 11 August 2020 06:58 AM

Yes I'll be joining the herd... Sell up and move on... Enough is enough

From: Shane Sutherland 17 July 2020 15:53 PM

Keep taking the income.... And even more obstacles, legislation and unfair tax charges etc... Each to their own I guess... But I'll be reducing my portfolio considerably... I've had enough... Got to be easier ways ofmaking a living.

From: Shane Sutherland 17 July 2020 15:49 PM

Hurry up and buy more headaches.... That'll be shining bright! Its sell, sell, sell for me... Why would anyone want to buy into the landlord game these days? Time to move on to pastures new for me... I've had enough.

From: Shane Sutherland 17 July 2020 15:44 PM

Me too.. Been doing it for 20 odd years now but like you say enough is enough.. I've had enough of being used and abused.

From: Shane Sutherland 22 June 2020 18:30 PM

I read this the other day.. Tell us something new!!

From: Shane Sutherland 25 May 2020 17:37 PM

Landlords encouraged to buy more properties so they can be shafted all over again with unfair taxes and legislation. I won't be adding to my portfolio, I'll be reducing it.

From: Shane Sutherland 18 May 2020 10:06 AM

Same here Martin. I'm sick to death of it all and have decided to sell up.. One or two a year.. There goes my pension! I don't see life getting any easier for landlords in the future so I'm bailing out. I didn't invest in property to become a charity and it seems more and more that this is what expected.. Free rent, and hurdles every way you turn when you need to make a genuine eviction.. It's almost impossible... So I've decided it's just not worth the hassle...

From: Shane Sutherland 17 May 2020 08:29 AM

Tut tut Ray. Get some grammar lessons and do some actual research before you start mouthing off on here about a subject you obviously don't have a clue about. I have a dozen properties... all achieved by the sweat of my brow.... Jealous? Yes I think you are... but then again... you could have done the same thing if you had the guts and the inclination. Don't knock others who are prepared to work hard for a better life and we won't knock the likes of you.. who aren't. I'll be starting to sell my properties off one by one as a result of the way landlords are treated and will be making a tidy profit even after I pay my taxes... It's a shame for the tenants who will have to find somewhere else to live but what can one do? I'm looking forward to pondering over what to do with all that lovely profit that my hard work has made for me . Decisions decisions.... 👍🏻

From: Shane Sutherland 13 May 2020 10:20 AM

Well said. 👍🏻 Couldn't have put it better myself.

From: Shane Sutherland 13 May 2020 09:45 AM

You're 100% correct there. It feels like landlords are treated like a charity and a subsidy to the lack of rental properties. There's plenty of support for tenants (good AND bad) and Sweet F A for good landlords We're not really recognised as a business and are taxed differently and more than other businesses...if they are trying to make us throw the towel in they are doing a great job. I'm downsizing big style after the lockdown...it's too much hassle....time for a change of direction...maybe commercial property...at least it's treated like a proper business....at the moment!

From: Shane Sutherland 12 May 2020 11:18 AM

What a cheek asking for help after shitting on landlords! I'm selling my 12 properties and getting out...I've had enough!

From: Shane Sutherland 09 February 2020 17:01 PM

Landlords are being shat on from a great height and this is unlikely to change....I have a dozen rental properties and have decided that I will sell one or two a year until they're all gone (first one was sold last year)...I've had enough! I'm out!!! Time to invest in something which is taxed fairly like other businesses.

From: Shane Sutherland 09 February 2020 16:57 PM

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