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JustAnotherProle

Rental "gazumping" Propaganda

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I have been seeing alot of rental propaganda lately, here is a typical example of the infuriating nonsense that is spewed by VIs that seem to think that high rents in London is a great thing! :blink:

The demand for rental property will heat up even further in the medium-term and gazumping will become even more common as tenants look for any way in which they can get ahead of the competition,’ said Jonathan Moore, of easyroommate.co.uk.

So now trying to get a reasonably priced roof over your head is thought of as a Darwinian struggle of renters batteling over the majestic plains of England, low resources will fuel the epic struggle of renter vs renter, all at the amusement of Landlords ever increasing coffers... :huh:

Stephen Ludlow, director of the ludlowthompson.com lettings agency, said a four-bedroom ex-council home was recently let in Camberwell, south-east London, for £500 a week – £150 above the asking price and more than 40 per cent higher than the previous rent.

What a wonderful comment, anyone see the fly in the ointment here? Yet another amazing example of what is wrong with this country as a whole, yes folks, managing to snatch a council house out of the hands of the people they were built to house is a great achievement, the icing on the cake is the 40%...yes 40% increase in its rental "asking price"...seriously, what is to become of us if this is how we are behaving as a society...

The reality is very different, in the lesser desirable areas, To Let signs never seem to disappear, the glut of BTL investment appartments that remain empty are a thing of the past or an imagination?

It seems that with the reduction in 100% mortgages young people, the fuel for the exploitation of the housing market for the benefit of few, are now at the mercy of ever increasing rental prices..what a mess. The overall sense given here is that you will never afford to own your own home, HPC is not going to happen, undercut and gazump your rivals, get in now before it's too late!

If you want to read it or maybe comment , its here.

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I have been seeing alot of rental propaganda lately, here is a typical example of the infuriating nonsense that is spewed by VIs that seem to think that high rents in London is a great thing! :blink:

So now trying to get a reasonably priced roof over your head is thought of as a Darwinian struggle of renters batteling over the majestic plains of England, low resources will fuel the epic struggle of renter vs renter, all at the amusement of Landlords ever increasing coffers... :huh:

What a wonderful comment, anyone see the fly in the ointment here? Yet another amazing example of what is wrong with this country as a whole, yes folks, managing to snatch a council house out of the hands of the people they were built to house is a great achievement, the icing on the cake is the 40%...yes 40% increase in its rental "asking price"...seriously, what is to become of us if this is how we are behaving as a society...

The reality is very different, in the lesser desirable areas, To Let signs never seem to disappear, the glut of BTL investment appartments that remain empty are a thing of the past or an imagination?

It seems that with the reduction in 100% mortgages young people, the fuel for the exploitation of the housing market for the benefit of few, are now at the mercy of ever increasing rental prices..what a mess. The overall sense given here is that you will never afford to own your own home, HPC is not going to happen, undercut and gazump your rivals, get in now before it's too late!

If you want to read it or maybe comment , its here.

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"Stephen Ludlow, director of the ludlowthompson.com lettings agency, said a four-bedroom ex-council home was recently let in Camberwell, south-east London, for £500 a week – £150 above the asking price and more than 40 per cent higher than the previous rent."

LHA in Camberwell for a 4 bed property is £400 a week (for now). Claiming that this property rented for more than the asking price when the asking price was below LHA rates isn't really much of a claim.

(And as an aside, Ludlow Thompson are the biggest group of buffoons on the planet. They were the agents for a former landlord, and were completely incompetent. When I was moving out, more than 50% of potential renters who came to see the property were stood up by the estate agent and I had to show the property instead. No phone call, no excuse, nothing. I would look out the window and realize that someone had been standing in front of the door for an hour and then I would show then around the place. Ludlow Thompson are a complete joke.)

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The council leaders told the Work and Pensions Select Committee that could make it very difficult for low-income families to afford to live in London, reports the Observer.

They warned that 82,000 families could lose their homes in London as a result of the housing benefit changes and revealed councils have already begun block booking accommodation in Reading, Hastings and Luton to help those forced out of the capital.

Metro News 24th October 2010

'The demand for rental property will heat up even further in the medium-term and gazumping will become even more common as tenants look for any way in which they can get ahead of the competition,’ said Jonathan Moore, of easyroommate.co.uk.'

Metro News Today?

Hmm am I missing something?!

Edited by Planner

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This is what they want, no more, no less...they will have you and your family for generations begging to live in places like this at extreme costs, rentals will be passed down in wills to avoid being "gazumped" :ph34r:

HongKong.JPG

It's either this or a revolution I suppose...

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The council leaders told the Work and Pensions Select Committee that could make it very difficult for low-income families to afford to live in London, reports the Observer.

They warned that 82,000 families could lose their homes in London as a result of the housing benefit changes and revealed councils have already begun block booking accommodation in Reading, Hastings and Luton to help those forced out of the capital.

Metro News 24th October 2010

'The demand for rental property will heat up even further in the medium-term and gazumping will become even more common as tenants look for any way in which they can get ahead of the competition,' said Jonathan Moore, of easyroommate.co.uk.'

Metro News Today?

Hmm am I missing something?!

:lol:

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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