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About Me

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  1. Having just gone through the painful process of having been dumped on the street by my LLL (lovely landlord,) I have in the past few weeks found out of around eight other tenants all in the same boat, entirely without warning, and this is without me actively looking for this sort of information. So- our LLLs all want to hit the market late March to early April. Just how many properties will all be unleashed at the same time? Immediate effect is going to be to push up rents on the remaining available rental properties, which is quite sad. So now we have a glut of ex BTL props. having been decorated, (money) voids- I shouldn't laugh really. EA fees and taxes to pay. And they are all going to chase the market down. It's human nature, (I did it late eighties- oops) and the very people these props are there to house will be out on their ears, and no way able to get a deposit together. Roll on to Summer '17, and quarterly figures hit the media. add another three months and the press are going to be making a killing out of "the new housing crisis." Meanwhile the government will saying WTAF how did this shit storm happen. Can someone tell me which bits I got wrong, as I'm trying to work this out for myself. The sad thing is that this is going to genuine new (already) homeowner properties down as well. Throw in initial Brexit salvoes, the City- corps getting ever more edgy, stir in some Trump and Chi-invest watching prices slide.. "Captain- there's a cluster****** on the horizon."
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