Ash4781 Posted June 25, 2009 Share Posted June 25, 2009 http://www.mortgageintroducer.com/mortgage..._homeowners.htm The National Landlords Association (NLA), the leading representative body for residential landlords, has lent its support to a recent article published at lovemoney.com which suggests that landlords should not be treated like pantomime villains.The article, written by John Fitzsimons, says: "We need a strong rental sector...our blasé attitude towards the plight of landlords is not a good thing. Too often we overlook the fact that a strong rental sector is essential. Home-ownership is not a right, nor is it right for everyone. And while the social rental sector does a good job, I think it is vitally important to have an equally strong private rented sector, to help take the pressure off the state." He continues: "I like the idea of a buy-to-let version of the Homeowner Mortgage Support Scheme. Under the current scheme, mortgage owners are able to defer interest payments on their mortgages for up to two years. Why not extend this to buy-to-let landlords?...Landlords on the whole do a great and invaluable job, and our property market needs them - there are currently more than one million buy-to-let mortgages in place. That's a lot of landlords at the mercy of circumstances beyond their control." David Salusbury, Chairman, National Landlords Association, speaking about the article, said: "This recession has already claimed a growing but small number of landlords who have faced severe financial difficulty. The bigger picture is of a rental sector which is growing and making an ever-more important contribution to the overall housing mix. The UK needs a strong rental sector and this article makes a clear case for offering landlords sufficient space to try and deal with their financial problems. By moving quickly to repossess properties owned by buy-to-let borrowers, the problems of pressure on social housing and increased homelessness will not go away. "NLA research published in March 2009 indicated that in the previous six months around 44 per cent of landlords had experienced some form of rental arrears. Although during economic turbulence many people struggle financially, this level of non-payment of rent can have direct and severe consequences for both landlords and their tenants." Quote Link to comment Share on other sites More sharing options...
Y-QUERK Posted June 25, 2009 Share Posted June 25, 2009 Home-ownership is not a right, nor is it right for everyone. Exactly, nuffink wrong with being a traveller, roaming from city to city leaving a trail of memories and some litter. Quote Link to comment Share on other sites More sharing options...
HPC001 Posted June 25, 2009 Share Posted June 25, 2009 How about they start treating their tenants with respect and not rip them off? Or try opening up their narrow criteria? Quote Link to comment Share on other sites More sharing options...
Si1 Posted June 25, 2009 Share Posted June 25, 2009 landlords can f*ck off and go bust. tough. business risk, init. Quote Link to comment Share on other sites More sharing options...
Gideon Gono Posted June 25, 2009 Share Posted June 25, 2009 landlords can f*ck off and go bust. tough. business risk, init. Then where would you live? Quote Link to comment Share on other sites More sharing options...
Sunderthine Posted June 25, 2009 Share Posted June 25, 2009 landlords can f*ck off and go bust. tough. business risk, init. +1 "That's a lot of landlords at the mercy of circumstances beyond their control" What, market forces? Cash flow? Resource management? Basic principals of every capitalist business venture ever conceived? Quote Link to comment Share on other sites More sharing options...
surfcat Posted June 25, 2009 Share Posted June 25, 2009 tabs Aha! from the northeast yes? Quote Link to comment Share on other sites More sharing options...
Si1 Posted June 25, 2009 Share Posted June 25, 2009 The National Landlords Association (NLA), the leading representative body for residential landlords, has lent its support to a recent article published at lovemoney.com which suggests that landlords should not be treated like pantomime villains. I agree we should not throw fruit at landlords and shout 'he's behind you' etc. Estate Agents - maybe Quote Link to comment Share on other sites More sharing options...
lulu Posted June 25, 2009 Share Posted June 25, 2009 Then where would you live? In my own flat, which I would be able to afford to buy once it is no longer viewed as a get rich quick scheme for some over leveraged moron. Quote Link to comment Share on other sites More sharing options...
pie-eater Posted June 25, 2009 Share Posted June 25, 2009 Then where would you live? In a rented house owned by a LL that bought well, making the rent cheaper........ Quote Link to comment Share on other sites More sharing options...
delboypass Posted June 25, 2009 Share Posted June 25, 2009 +1"That's a lot of landlords at the mercy of circumstances beyond their control" What, market forces? Cash flow? Resource management? Basic principals of every capitalist business venture ever conceived? +2 And cut the f**kers Morgage interest .... Its a business or is it not a business...you cant have it both ways...put them to the wall as they have destroyed my opportunity to buy a house at average price for 10 years... And raise interest rates while your at Quote Link to comment Share on other sites More sharing options...
Timm Posted June 25, 2009 Share Posted June 25, 2009 Then where would you live? Same place, different landlord. Quote Link to comment Share on other sites More sharing options...
pie-eater Posted June 25, 2009 Share Posted June 25, 2009 Same place, different landlord. +1 And one with some sense of business that realises the tenant is gold and to be appreciated. Like mine, actually. She's a diamond. Quote Link to comment Share on other sites More sharing options...
tim123 Posted June 26, 2009 Share Posted June 26, 2009 In my own flat, which I would be able to afford to buy once it is no longer viewed as a get rich quick scheme for some over leveraged moron. That may suit you, but not every tenant want's to own the apartment that they rent (or a similar one) tim Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted June 26, 2009 Share Posted June 26, 2009 Then where would you live? If it weren't for the extra million homes sold to landlords with massive tax breaks then prices wouldn't be where they are and people would buy. Of course people like you are too stupid to realise this. Quote Link to comment Share on other sites More sharing options...
RufflesTheGuineaPig Posted June 26, 2009 Share Posted June 26, 2009 Then where would you live? You seem to be under the strange impression that without landlords and property speculators, houses and the land they stand on would vanish into a black hole. I can assure you this is not the case and is merely FUD created by the National Landlords Association. In fact the houses and the land would still be there exactly as they are now. They would just cost £60,000 instead of £600,000. Quote Link to comment Share on other sites More sharing options...
Zzzzzzzzzzzzzzzzzzzzzzzzzz Posted June 26, 2009 Share Posted June 26, 2009 Landlords are scum - treat them with the ire they deserve. Quote Link to comment Share on other sites More sharing options...
HXO Posted June 26, 2009 Share Posted June 26, 2009 Am I alone in finding Osborne Gono to be the most ignorant and hence irritating bull we have at the moment? Quote Link to comment Share on other sites More sharing options...
babesagainstmachines Posted June 26, 2009 Share Posted June 26, 2009 Am I alone in finding Osborne Gono to be the most ignorant and hence irritating bull we have at the moment? You mean I have to try harder? Quote Link to comment Share on other sites More sharing options...
SMAC67 Posted June 26, 2009 Share Posted June 26, 2009 Then where would you live? In the property that is now vacant. I guess you don't believe in capitalism then? Quote Link to comment Share on other sites More sharing options...
ingermany Posted June 26, 2009 Share Posted June 26, 2009 (edited) Then where would you live? One small point. Oh.....same as the point above. Property does not vaporize when the landlord hands back the keys to the lender. Edited June 26, 2009 by ingermany Quote Link to comment Share on other sites More sharing options...
bogbrush Posted June 26, 2009 Share Posted June 26, 2009 Landlords aren't scum, they're capitalists. Capitalists shouldn't be looking for bailouts. Take the risk and make the money, but accept the risk is part of the equation. Quote Link to comment Share on other sites More sharing options...
Si1 Posted June 26, 2009 Share Posted June 26, 2009 Landlords aren't scum, they're capitalists.Capitalists shouldn't be looking for bailouts. Take the risk and make the money, but accept the risk is part of the equation. +1 Quote Link to comment Share on other sites More sharing options...
SMAC67 Posted June 26, 2009 Share Posted June 26, 2009 Landlords aren't scum, they're capitalists.Capitalists shouldn't be looking for bailouts. Take the risk and make the money, but accept the risk is part of the equation. No they are complete scum. Quote Link to comment Share on other sites More sharing options...
bogbrush Posted June 26, 2009 Share Posted June 26, 2009 No they are complete scum. Oh ok. "Property is theft" I suppose? Quote Link to comment Share on other sites More sharing options...
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