x
By using this website, you agree to our
use of cookies
to enhance your experience.
SEARCH
Search
STAY
CONNECTED!
Sign in
Sign in
New here? Sign up
Feedback
My Account
Feedback
Sign out
×
Make Today's Website as home page
Menu
Estate agent today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Letting agent today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Landlord today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Property Investor today
News
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Introducer today
News
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Property Jobs Today
Home
Find a Job
Search Recruiters
Recruiters
New
Brit's
Personal Profile
View my company profile
Brit Sixteen Sixty Four
7867
Profile Views
About Me
Send message
View company profile
Follow all comments made
my expertise in the industry
Brit's wall
Brit's
Recent Activity
Wages have been frozen for years whilst rents shot up. Without a wage increase rents have hit their max ceiling, people can't afford higher rents and landlords risk voids if they charge too much.
From:
Brit Sixteen Sixty Four
13 March 2017 15:54 PM
I think there will be more voids if people put up rents. Wages have stagnated for years and rents are high, there is no room for rent rises, hence the more voids. In addition landlords have record low mortgage rates so have room for the tax changes unless they have purchased recklessly.
From:
Brit Sixteen Sixty Four
08 March 2017 23:31 PM
Who says landlords are going to sell for £400k a property, the prices will drop till someone can afford to buy them. The landlord could hold out on the sale and risk voids as well as paying the mortgage themselves but that isn't very sustainable.
From:
Brit Sixteen Sixty Four
27 February 2017 11:32 AM
Many tenants will buy up the properties which landlords sell as prices fall. Those greedy landlords who put up rents whilst mortgage rates are at historical lows will experience increased voids and those decent landlords will take their business away.
From:
Brit Sixteen Sixty Four
24 February 2017 10:51 AM
Rubbish, both rents and house prices are falling. With wages still frozen where is the room for these huge rises. Its all meaningless talking up the market with no evidence.
From:
Brit Sixteen Sixty Four
10 February 2017 14:37 PM
"I will introduce periods of vacancy to avoid the higher rate tax bracket while preserving my capital appreciation." Isn't your capital appreciation going into reverse, the London property market is hardly looking healthy at the moment. Lets see what happens in April.
From:
Brit Sixteen Sixty Four
30 January 2017 23:19 PM
The buy to let tax changes should help increase supply and bring down prices for first time buyers.
From:
Brit Sixteen Sixty Four
26 January 2017 14:03 PM
He is a horrible man, hard to believe he was once a teacher. I don't think anyone will shed a tear when he goes bankrupt. He is tarnishing the reputation of good landlords.
From:
Brit Sixteen Sixty Four
10 January 2017 09:57 AM
How can buy to let landlords be in such financial trouble with mortgage rates at record lows. Its down to their irresponsible action and not the government, landlords should take responsibility for their high risk actions and stop blaming others.
From:
Brit Sixteen Sixty Four
05 January 2017 10:50 AM
Its simple, if landlords push rent above affordability void periods will simply increase and more people will stay with parents. Strange how rents keep on going up above inflation and wages when landlords mortgage costs continue to fall.
From:
Brit Sixteen Sixty Four
16 December 2016 13:40 PM
I notice how you don't use 2000 figures and instead 2010. Would that wreck your argument? So are you denying home ownership figures have fallen drastically over the last 15 years and % of landlord properties grown massively? I think you are simply in denial, I actually understand housing and economics very well. You may not like the governments approach but they are actually very needed. Landlords buying properties with interest only mortgages taking out available equity for more interest only mortgages is a clear risk especially with the lack of repayment vehicles.
From:
Brit Sixteen Sixty Four
14 December 2016 23:30 PM
The government are simply worried about the huge growth in buy to let and large levels of debt pushing out residential buyers. Residential buyers are more likely to vote Tory and whole generations of voters are being forced to rent so a big voter lose. Something had to be done.
From:
Brit Sixteen Sixty Four
14 December 2016 08:54 AM
So David do you think people will buy your properties and not live in? Of course not, your actions will be rental pool neutral. Here is a solution, how about house builders build homes instead for first time buyers rather than investors, problem solved.
From:
Brit Sixteen Sixty Four
05 December 2016 12:15 PM
I don't think it is a no brainer to raise rents, landlords have had a period of record low mortgage rates with the lowest costs to them today. Yes there will be some who are highly indebted and will raise rents but then they risk higher % of voids. The market will control rents if they go up to much, more people will choose to stay at home or share, if rents are still high then rent controls will likely be forced on the landlords by even a tory government.
From:
Brit Sixteen Sixty Four
29 November 2016 12:13 PM
Paul house prices have rises and falls but over the long term rise. The falls occur when the rises have been very large and triggered by some economic change. Just like 2008 when property prices were very overheated. When they started falling it was extreme measures by the BOE like QE and drastic interest rate cuts used to stop them. The BOE has run out of ammunition almost and its effectiveness is diminishing. This current property bubble has already burst in London and is starting to spread to the South East. Tax changes have already started taking the heat out of the market and effected sentiment. Unless the government introduce more stimulus like Help to buy the way is down for the currently overvalued property prices. Remember wages aren't going up, inflation is rising and house prices are beyond affordability even with record low mortgage rates. That isn't a recipe for house price rises but falls.
From:
Brit Sixteen Sixty Four
28 November 2016 13:50 PM
There are also many landlords who are selling up their buy to let properties with the tax changes coming in April. Many are selling some of their portfolio to bring down debt across the portfolio and others are selling up completely before house price falls spread across the country. This will probably be a double whammy for letting agents combined with the autumn statement changes.
From:
Brit Sixteen Sixty Four
28 November 2016 10:48 AM
I would like to see an end to interest only mortgages to level the playing field. It would stop speculators getting recklessly in debt with the gearing model which id helping push up house prices out of control.
From:
Brit Sixteen Sixty Four
04 November 2016 11:25 AM
I guess Graham you don't like the truth. Landlords have been bailed out the last 7 years with ultra low interest rates, QE and the commercial element of funding for lending which still continues. It has driven buy to let mortgage costs to the floor yet people like Savils says rents are going to soar over the next 5 years. Something a bit wrong there.
From:
Brit Sixteen Sixty Four
04 November 2016 11:22 AM
Strange how landlords have been bailed out by record low interest rates for years but never passed on these savings to renters, instead they put rents up. If landlords sell up they will be bought up by first time buyers or other landlords so will have no effect on the rental market. Those who put rents up will face higher risk of voids as rents are too high despite record low mortgage rates. People will just stay home, share more or encourage large corporate renting company blocks just like what happened with student accommodation. Lots of landlords own their rented properties outright, its only those reckless over leveraged on huge debt who need to worry. Its time to get to professional landlords rather than greedy gearing speculators.
From:
Brit Sixteen Sixty Four
03 November 2016 11:50 AM
Yes but Nick, Robert & Felicity stuck in a 1 bed flat with their children see prices fall then the gap in the next step of the ladder shrink and they can move into a family home. Meanwhile Sophie, Luke and Mohamed can finally afford to get onto the property ladder. Section 24 is helping to address inter-generation inequalities.
From:
Brit Sixteen Sixty Four
11 October 2016 20:46 PM
Its comments like that which give landlords a bad name. Also the phrase Tenant Tax is a complete misrepresentation. In reality S. 24 is a partial removal of tax relief on Landlords. Its landlords who chose to raise their rents during a long period of record low interest rates where they are paying far less on their mortgages.
From:
Brit Sixteen Sixty Four
13 September 2016 09:25 AM
I remember when 10% yeilds were the norm. Now it seems to be falling year after year. Love the way this article offers 5% if you are lucky and that on a asset depreciating in price. I think there are far better investments out there than property at the moment.
From:
Brit Sixteen Sixty Four
06 September 2016 22:06 PM
“The underlying picture still shows signs of growth, as the market remains underpinned by strong fundamentals such as increasing wages and rising employment." Real wages aren't rising, they have been flat for over 5 years. I would also hardly call a huge jump in zero hour contracts at the expense of normal jobs another reason to support a recovery.
From:
Brit Sixteen Sixty Four
20 May 2016 00:58 AM
First time buyers will simply buy the ex investor homes and not need to rent. C24 policy is rent demand neutral, the homes won't be left empty or bulldozed.
From:
Brit Sixteen Sixty Four
02 May 2016 14:11 PM
Chris its just a partial removal of tax relief from landlords to give a more equal playing field with first time buyers. To many landlords are taking on huge debts with this interest only mortgages to avoid tax often with no repayment vehicle breaching their mortgage conditions. Action was badly needed for a healthy economy. Personally thinking instead of c24 and stamp duty hike we should of just banned interest only and returned to repayment mortgages for a more healthy market.
From:
Brit Sixteen Sixty Four
21 April 2016 15:47 PM
Tax grab? No just a partial removal of tax relief which otherwise has given landlords an unfair advantage over first time buyers. The tax changes are welcomed by the majority of the population and should increase more supply as owners tend to sell and upgrade whilst landlords retain.
From:
Brit Sixteen Sixty Four
13 January 2016 16:54 PM
Lets hope it does bring the much needed house price crash. The bubble has been kept inflated far too long, time for a correction.
From:
Brit Sixteen Sixty Four
07 January 2016 13:34 PM
Shock Horror landlords want to keep their tax advantages over first time buyers and don't want to pay tax like the rest of society.
From:
Brit Sixteen Sixty Four
07 January 2016 13:17 PM
More 1st time buyer properties being sold more regularly will bring prices down. A reduction in rental property but an increase in property for sale, the renters will simply buy the properties, so no need to put up rents.
From:
Brit Sixteen Sixty Four
31 December 2015 16:42 PM
I guess those who sell up first will make the most money, those who leave it late will get lower selling prices.
From:
Brit Sixteen Sixty Four
18 November 2015 11:15 AM
The buy to let market is just to dangerous with its huge amount of debt. People have been riding the wave making more and more uneconomical decisions, simply not thinking.
From:
Brit Sixteen Sixty Four
18 November 2015 11:07 AM
Perfectly legal, the government are just removing tax relief which first time buyers don't get. I know 2 of landlords selling up before house prices fall because of the changes including wear and tear.
From:
Brit Sixteen Sixty Four
02 November 2015 14:24 PM
Actually I think he is listening now finally, the middle class 1st time buyers are increasingly being priced out whilst landlords ever increasing buy up the dwindling supply. Its simple maths with generations of priced out voters eclipsing increasingly elderly landlords who will most probably die out in a generation or 2.
From:
Brit Sixteen Sixty Four
26 October 2015 17:18 PM
Rents won't go up much, landlords are already changing pretty much max rents they can get away without voids. After all they still put up rents every year despite record low mortgage fiance. Also every landlord who sells gives first time buyers a chance to buy reducing rental demand.
From:
Brit Sixteen Sixty Four
20 October 2015 08:52 AM
Lorem Ipsum dolor sit amet
Viewed From: Breaking News
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Video Archieve
Today 14:58
Portal Discussions
Joined Group From: Your Community
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Industry View
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Industry View
Today 14:58
Lorem Ipsum dolor sit amet
Conversation Comment in: Interior Design
Today 14:58
×
Send a message
Message
×
Write on Wall
Message
×
Send a message
Reply to:
Message
Breaking News
Paul Shamplina demands government set date for Section 21 abolition
More tenants must borrow to fund deposits - survey’s claim
Renters Reform Bill - what happens now in House of Lords
Landlords urged to apply for energy efficiency funds
Jonathan Rolande - Why the Section 21 Debate Is a Smokescreen
Rent Control zealot dropped from Scottish government
Gove Hits Back! He says Reform Bill is STILL a Renting Revolution
Rehashed research again slams MPs who are landlords
Surprise move as agents issue ‘how to complain’ guide to tenants
Where to find tenanted buy to let units for investors to purchase
Brit's Recent Activity
From: Brit Sixteen Sixty Four
13 March 2017 15:54 PM
From: Brit Sixteen Sixty Four
08 March 2017 23:31 PM
From: Brit Sixteen Sixty Four
27 February 2017 11:32 AM
From: Brit Sixteen Sixty Four
24 February 2017 10:51 AM
From: Brit Sixteen Sixty Four
10 February 2017 14:37 PM
From: Brit Sixteen Sixty Four
30 January 2017 23:19 PM
From: Brit Sixteen Sixty Four
26 January 2017 14:03 PM
From: Brit Sixteen Sixty Four
10 January 2017 09:57 AM
From: Brit Sixteen Sixty Four
05 January 2017 10:50 AM
From: Brit Sixteen Sixty Four
16 December 2016 13:40 PM
From: Brit Sixteen Sixty Four
14 December 2016 23:30 PM
From: Brit Sixteen Sixty Four
14 December 2016 08:54 AM
From: Brit Sixteen Sixty Four
05 December 2016 12:15 PM
From: Brit Sixteen Sixty Four
29 November 2016 12:13 PM
From: Brit Sixteen Sixty Four
28 November 2016 13:50 PM
From: Brit Sixteen Sixty Four
28 November 2016 10:48 AM
From: Brit Sixteen Sixty Four
04 November 2016 11:25 AM
From: Brit Sixteen Sixty Four
04 November 2016 11:22 AM
From: Brit Sixteen Sixty Four
03 November 2016 11:50 AM
From: Brit Sixteen Sixty Four
11 October 2016 20:46 PM
From: Brit Sixteen Sixty Four
13 September 2016 09:25 AM
From: Brit Sixteen Sixty Four
06 September 2016 22:06 PM
From: Brit Sixteen Sixty Four
20 May 2016 00:58 AM
From: Brit Sixteen Sixty Four
02 May 2016 14:11 PM
From: Brit Sixteen Sixty Four
21 April 2016 15:47 PM
From: Brit Sixteen Sixty Four
13 January 2016 16:54 PM
From: Brit Sixteen Sixty Four
07 January 2016 13:34 PM
From: Brit Sixteen Sixty Four
07 January 2016 13:17 PM
From: Brit Sixteen Sixty Four
31 December 2015 16:42 PM
From: Brit Sixteen Sixty Four
18 November 2015 11:15 AM
From: Brit Sixteen Sixty Four
18 November 2015 11:07 AM
From: Brit Sixteen Sixty Four
02 November 2015 14:24 PM
From: Brit Sixteen Sixty Four
26 October 2015 17:18 PM
From: Brit Sixteen Sixty Four
20 October 2015 08:52 AM