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Andy Marshall
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Andy Marshall
Of course this philanthropist is right, it gives everyone another chance to deride landlords. I mean we go to a lender and all but trip over £300,000 as soon as we walk through the door. That said, this is some merit in what has been stated but like all points of view it must be taken in context. Yes it will be easier for someone to borrow money if they are solvent with a good history. However, as that person gets older the attractiveness will lessen as the risk grows. The Section 24 negates a lot of this argument as the loan is now not a taxable allowance. This will have a considerable effect on landlords whom have several buy-to-let mortgages, myself included. With regret this will mean that I will have to review my rents, most of which I have either not increased or have done so marginally since 2008. Property has always had the possibility of a good return, however it is a double edged sword and many a person has been burned and this will continue. I completely agree about the stigma of renting, when I was younger I paid rent. You were certainly treated as a second class citizen. It was a case of how things were said to you rather than being repelled by society. I also had to put up with a couple of awful landlords, but i also had some decent ones as well, overall I am certain that there are more responsible landlords now than back in the 80's. Europe is different to UK over renting and have many different rules so impossible to compare. What I do know is that in Germany they have an ongoing property revolution and property prices are soaring where a lot of Germans are putting savings into property as they deem it a safe place, much like the UK. This ,however, is making rents competitive. Maybe the UK Government should look in that direction and instead of taxing the landlord into putting up rents and excessive legislation they should promote fair competition. Just a thought. IMHO the private landlord offers better competition in a market place that will keep rents at a fair rate. Nobody wants an empty property. Anyway to give context I am just behind the baby boomer generation and have made sacrifices to build my portfolio, as I am sure many of them would have done so also.

From: Andy Marshall 04 January 2021 10:59 AM

Andy Marshall
Interesting perspective from Michael Foley. The main issue here imho would be that lenders will not be happy to lend if the situation as Michael suggests becomes the norm!

From: Andy Marshall 23 December 2020 11:33 AM

Andy Marshall
These organisations that are intent on driving private landlords from the sector need to have a good look at the situation. Corporate landlords will not be a 'fix all' situation. Less competition will undoubtedly lead to higher rents. If section 21's are to be axed then a robust fair system to both tenants and landlords must be put in place. Lets's get this right now so that we are not fixing the next problem in a few years time.

From: Andy Marshall 23 December 2020 09:36 AM

Andy Marshall
Excellent news, how do i apply!

From: Andy Marshall 22 December 2020 12:01 PM

Andy Marshall
Whether we like it or not these changes are coming. If Labour were in, well this current lot, then we can all kiss our income from property goodbye. Technology is moving forward at an incredible rate. I am confident that we will have good alternative choices in the years ahead that will be cost effective. Mind you being an Arsenal supporter at the moment I am ever the optimist!!

From: Andy Marshall 14 December 2020 11:55 AM

Andy Marshall
Wow a few ruffled feathers today. Corona is real, but not the devastation that it has been made out to be. It has been a tough call all round balancing the need of the fragile few against economy. I would not like to be making these decisions and I think we all need some humility in out outlook. Climate change con....hmmm. Romans apparently were growing grapes on Hadrian's Wall. Must have been warm then i guess. Therefore nobody can win the temperature argument imho. However, air quality using up resources too quick etc etc... I think change needs to happen and i will play my part. The older I get and per chance slightly wiser I despair at some of our politicians. Sometimes I am pleasantly surprised...I am listening to Brexit keenly. If the Europeans do not wish to play ball then I hope we as a nation refuse to buy their goods. My focus currently is encouraging my local MP to leave CGT alone. We contribute enough already. The argument that individuals are evading tax by having wages in shares is simple. Any wage no matter the form is a wage, tax it as such. Lastly Blair was wrong to encourage only Universities...we need skilled tradesmen and apprenticeships let's hope this lot do better

From: Andy Marshall 10 December 2020 12:00 PM

Andy Marshall
Pointless. A conciliation service! Landlords whom don't follow the rules will take no notice as will tenants that have similar views. We've had rules and laws to tighten legislation for Landlords, most I don't have a problem with as was adhering to most of it in the first place. What we do not have is a quick eviction system that evicts problem tenants. There is too much support for individuals that flout the rules. For clarity i'm not talking about individuals that have genuine hardships. Our only defence is to ensure we get the good tenant in the first place, not easy.

From: Andy Marshall 02 December 2020 10:10 AM

Andy Marshall
I'm with Mr Townsend, bought rundown property and learnt the skills to do them up and used tradesmen where required. Will not be buying more but paying off mortgages getting ready for retirement. Established landlords should not become unstuck, though can see people selling if the Government try to over legislate. That said do not take your eyes off the ball, Covid has had some devastating effects on up to now bullet proof jobs, so no room for complacency.

From: Andy Marshall 30 November 2020 10:54 AM

Andy Marshall
I'm glad that this has come up. I made a claim on a garden wall being blown over in strong winds, will not go into details but the neighbour lowering her garden next door had not helped this situation. Needless to say insurance company agreed that I was covered ,but I then found out that I was under insured on my house which meant that they would only pay 70% of my claim. I asked them to prove this. I went through demolition costs and build costs on my whole property and explained that my property was functional and not bespoke. In other words normal kitchen, not granite work tops or gold plated taps etc, same for the rest of the house. Eventually they had to agree that the house was adequately insured and fully paid for the cost of the replacement wall. Remember this is a business and as such they will try and undercut you and this is seen as good business for them. Therefore if you don't like what they inform you challenge it!

From: Andy Marshall 29 November 2020 17:19 PM

Andy Marshall
Hi Sue West, well said, i mean i've even heard that there are some businesses that sell food for a living . Outrageous, we all have the right to eat. Soon they will be selling us water! Hang on a minute, what's this bottle say Naive, ah no sorry evian. Without doubt there are useless idiotic cretinous (sorry love this word) landlords and lets hope that they get out of the business. I assume that you work somewhere that deals with complaints on housing, good for you. All I can say that you will never hear from one of my tenants, it's a partnership and I make sure that I hold up my end, I won't bore you with how many times that I have been let down though. Balance is the key. I would add that I am blown away with your confidence in the Politicians to sort out housing. I think it would be better if landlords were able to licence any half decent politician regardless of party. Anyway that's enough of my sentiment.

From: Andy Marshall 30 October 2020 19:08 PM

Andy Marshall
I strongly agree with comments by John Thompson. I have properties in 5 areas of the UK with very different interactions with the local councils. I no longer will take on Social paid tenants as a start point due to very poor communications with said Councils. That said I do of course support tenants whom find themselves in this situation before, after and during Covid. Being a Landlord, as well as being a business, means that sometimes you need to go that extra mile. Bring licensing on. Existing landlords should not pay for this, the Government have enough revenue from us since S24 to fund this. New landlords should budget for licensing. In the next phase of licensing then all should pay but it should be at a reasonable price. Currently tenants benefit from Landlords whom break the rules. This money should be shared with local authorities to off set high licensing fees. It is my belief that when the reports come back from inspections it will transform the image of landlords. The vast majority of us work hard, communicate well with our tenants and provide warm, desirable places to live and have a good relationship with tenants. The press will not report this as it's not good fodder for the papers, Shelter aren't interested as they would have to down size and lose their voice and so and so on. Reform needs to happen across the spectrum and licensing to me would be a good way to demonstrate how the greater number of good landlords operate.

From: Andy Marshall 30 October 2020 11:19 AM

Andy Marshall
If you wish to compare like for like look at the tax rules in other countries. If you let a property for more than 10 years you have no CGT to pay in many European Countries including Germany. In addition you have tax relief on your business loan. It is foolish to compare if you do not look at all the issues. One that the Landlord bashers would like is that you cannot evict in France in the Winter months, for any reason. That said if you owe rent money there it is a criminal offence and not civil so most people act with responsibility.

From: Andy Marshall 28 October 2020 15:09 PM

Andy Marshall
Completely agree with R Brown's comments. Regardless of your view on landlords/tenants this just demonstrates how the scales of justice are unbalanced. Most if not all this money should go to the public purse.

From: Andy Marshall 15 October 2020 09:41 AM

Andy Marshall
What is this 8 square metres they are referring to. I am licensing a HMO and it states single occupancy 6.51 square metres and double occupancy 10.22 square metres. Am I missing something?

From: Andy Marshall 19 November 2018 23:09 PM

Andy Marshall
Hmmmm this story does not make sense. If the Landlord followed correct procedure then this is trespass + criminal damage. I hope that this can be rectified swiftly for all concerned. I to am reluctant to let my properties to persons on benefits and currently the market is good so that I do not have to, however if it changes...... I completely agree that the Councils, on the benefit side, should have a more pro-active view with Landlords. However, I deal with Councils in several areas on other issues and found them to be very helpful.

From: Andy Marshall 08 November 2017 10:16 AM

Andy Marshall
What more changes in legislation what a surprise! One day maybe some legislation will be to assist the hard working, right thinking professional landlord.......nahh must be dreaming.

From: Andy Marshall 31 October 2017 02:17 AM

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