Btl Scum Regrouping And On The Offensive. -- Merged

[iamnumerate]

49 minutes ago, oatbake said:

Getting an absolute kicking in the comments, despite it being desperately plugged on the ATTT Facebook page...

I love this one

Quote

My core Conservative value is home ownership. It is a key element in individual independence and responsibility, and a bastion against tyranny. It is under threat from two directions - Corbyn and McDonnell's Land Value Tax, which would put property taxes at the same level as rent, and buy to let, that has rented to people property that should have been available for them to buy. With university fees and the extortionate interest rate, it is one of the factors that is turning young people against us - the age at which they are likely to vote Conservative has risen to 47 - and has given Marxists their first realistic chance of power in this country. I hope it can be checked in time to prevent this.

And

Quote

Here we have the second reason I refuse to vote conservative.
Far from being a party that promote home ownership for too long you've been the party of the landlords, case in point a friend of mine is currently trying to buy her first property but the price is being inflated by buy to let 'investors' (read speculators) who have a price in mind which allows them to make a certain yeild. In order to secure anywhere she is having to bid values which make the place unattractive to them.

Over the years I've lived in properties 'owned' by 'investors' (mostly on it would seem risky interest only mortgages) and it isn't a pleasant experience living six months to six months.

The previous poster is right, allowing this situation to continue was jacking up the age at which people felt they could vote Tory,

Of course as Labour is responsible for a lot of the mess, I hope these people who don't vote conservative don't reward the red make houses expensive party.

[Mossie]

1 hour ago, iamnumerate said:

I love this one

And

Of course as Labour is responsible for a lot of the mess, I hope these people who don't vote conservative don't reward the red make houses expensive party.

Good responses!  

Is Roz even Conservative?   I can't fully remember but didn't think she held them in high regard in one of their BTL forum discussions after S24 was announced in Summer of 2015.   Yet I could be wrong.  She has been active though.  I recall a pic of her meeting PM May not so long ago.

Some people are prepared to become active, simply to try and create damage from inside.

Unlike some others, I understand just how low people can go to protect their extreme vested-interests, who know precisely what they have done and seek to do with their BTL - and exactly who pays for it - and I am not in any rush to give them any pass for it.

[oatbake]

1 hour ago, Mossie said:

Good responses!  

Is Roz even Conservative?

I seem to remember Bosher joined the Tories so that she could influence them from within.

Real "last chance saloon" stuff.

Don't think she got/is getting the reception she expected.

When do the first S24 tax bills start landing on doormats? 

[jiltedjen]

2 hours ago, oatbake said:

I seem to remember Bosher joined the Tories so that she could influence them from within.

Real "last chance saloon" stuff.

Don't think she got/is getting the reception she expected.

When do the first S24 tax bills start landing on doormats? 

January 2019 last chance to pay. There are plenty of people who simply cannot pay, and will be bankrupted. Some may just scrape by but wont be able to pay the next lot. 2019 will be the first time since 2008 we actually have large quantities of forced sellers., combined with banks repossessions wanting to get rid quickly. 

[spyguy]

3 hours ago, oatbake said:

I seem to remember Bosher joined the Tories so that she could influence them from within.

Real "last chance saloon" stuff.

Don't think she got/is getting the reception she expected.

When do the first S24 tax bills start landing on doormats? 

Monster Raving Loony Party would not let her in.

LibDems were interested.....

[Dyson Fury]

Wow.

Quote

armchair_econom 45p · 15 hours ago

This is just another special pleading article from Ros, a buy to let speculator and rentier. She has written a few of these and is very vocal in protecting her parasitical rent seeking activities but it doesn't change the underlying facts.

What Ros and those like her do creates no new real world wealth. There are no new products brought to market. No inventions created. No new people are employed. No new services offered beyond rentierism. A house is a house. If a landlord like Ros takes ownership of it instead of a first time buyer nothing new is added to society in the process. It merely ends up as a zero sum transfer from others to her where she producing nothing, doing nothing, extracts out the output those she feeds on do create, day in day out in their working lives. Their losses are her gains. Her enrichment comes at the impoverishment of the next generation. They as we all know are on track to be far far poorer than their parents through absolutely no fault of their own, and though not completely due to the rentierism of people like Ros, it plays a huge part in it.

Now no doubt Ros or someone else with a vested interest and doing nothing, creating nothing, who is getting rich off of the sweat and labour of others from -

https://www.property118.com/author/dr-rosalind-be...

will come along and talk about shares as if share ownership is the same thing (its not that capital is actually put to use to create real world output, thus its not zero sum), or state (lie) that they are not impoverishing the next generation (they are), or that they are not outbidding and pushing out first time buyers from our housing market (they obviously are, using I/O mortgages allows them to bid a higher price vs what a FTB can pay on a repayment mortgage on the same monthly outgoing). But we've heard all these arguments and lies before. For the good of the next generation and the stability of the nation, Ros and the other economic parasites infesting our housing market need to be curtailed and driven out. If they are not Corbyn, Corbyn MKII and MKIII, will come along and Oh boy will you all not like the end result.

 

[oatbake]

3 hours ago, Dyson Fury said:

Wow.

 

Clearly an HPCer. I do find it amusing that bosher makes herself out to be some kind of expert when she had to have Section 24 explained to her when it was first announced... 

Nowt as queer as folk.

[Exiled Canadian]

11 hours ago, Dyson Fury said:

Wow.

 

I applaud whoever wrote that - succinctly states why leveraged BTL is a cancer in our society.

[Neverwhere]

18 hours ago, oatbake said:

I seem to remember Bosher joined the Tories so that she could influence them from within.

Real "last chance saloon" stuff.

Don't think she got/is getting the reception she expected.

When do the first S24 tax bills start landing on doormats? 

Quote

Dr Rosalind Beck

3 years ago

The thing about joining the Conservative Party is that I would have to be sure that I would therefore get some power in the leadership vote - does anyone know how this works? I certainly don't want to add to their coffers only to not get the power of a vote.

Quote

Dr Rosalind Beck

3 years ago

Brilliant letter, Chris.

I have had two of these missives and replied thus:

'Are you serious?
I am a landlord and George Osborne is targetting landlords for grossly unfair taxes which are an outrage in the civilised world. The Conservative Party can get stuffed, thank you very much.
Yours sincerely.
Dr Rosalind Beck'

AND:

'Get George Osborne to reverse his immoral and discriminatory attack on landlords' businesses and I'll donate more than 20 pounds. Other than that, you are barking up the wrong tree. The 2 million landlords being attacked by the Conservative Party will not be voting for them again. I will abstain or vote UKIP.'

Quote

Join Conservative Party before 1st of July and make your voice heard

If you wish to have an influence on who is elected the next leader of the Conservative Party, and hence Prime Minister, you need to join as a member of the Party before the 1st of July.

[. . .]

Regardless of party politics you can help decide who shapes the Private Rented Sector for the next term of government, however long that may be.

 

Dr Rosalind Beck

2 years ago

This is a major opportunity for landlords to have influence. Many who voted Conservative in the last general election were duped into believing the Conservatives supported us along with all other businesses. Instead, they tricked landlords and then stuck the knife in. I have joined as have my two children (it's only 5 pounds for under-23s). It takes a minute or two to join. Please get as many people to join today and tomorrow as is possible. We are then in a bargaining position. I will also ask the NLA an RLA to get this message out urgently and would ask others to also contact them today and ask that they send out an emergency message to all of their members.

 

Dr Rosalind Beck

2 years ago

Reply to the comment left by "Chris Haworth" at "29/06/2016 - 11:22":

Hi Chris.
Hope your business venture still completes. What do you think about joining the Conservative Party to influence the vote for PM and also, in an indirect way, that of Chancellor?

 

[Neverwhere]

She also claimed to be voting Labour, and actively trying to unseat Conservative MPs, at the last election

Quote

General Election 8th June – Who on earth do landlords vote for?

 

Dr Rosalind Beck

A year ago

I'm thinking of spoiling my ballot paper although I would prefer to soil it.

 

Dr Rosalind Beck

A year ago

I live in a safe Labour seat. My local MP spoke out against Corbyn and resigned from the Shadow Front Bench and says to me that he is in favour of supporting landlords. He passes on all my letters when i ask him, but doesn't do much more and I've never heard of him actually speaking out in favour of us. He's not like the idiots in the Labour Party though - like Siobhain McDonut who commented that she wanted the 'tax relief' for landlords to be restricted even more... On balance I will probably vote Labour therefore, as it won't be a vote for Corbyn's policies and, like I say, my vote really won't matter anyway as people here are on automatic pilot to vote Labour.

 

Dr Rosalind Beck

A year ago

I think a bit of blackmail would be good. As Gavin Barwell has such a small majority, we should flood him with emails pointing out how if he doesn't manage to bend Hammond's ear and get s24 reversed, he'll be out on HIS ear. The RLA and NLA should get to their members with this message - basically if Barwell says he's working on getting it reversed, he might get landlords' votes; if he doesn't, then he loses the votes. I think if we work out some tactics we might have a bit of leverage. Landlords here who are members of the RLA and NLA can then approach them with this suggestion. We have to think of the best ways of getting to the landlords Barwell's constituency. We should also look at other Conservative MPs in marginal seats and do some focused campaigning.

 

Dr Rosalind Beck

A year ago

Just wrote to Barwell with warning about him losing his seat!

 

Dr Rosalind Beck

A year ago

Reply to the comment left by "Luke P" at "20/04/2017 - 20:36":

That's great, Luke. I am aware of two other landlords discussing things within UKIP over the next week as well, so fingers crossed. I think if UKIP can come up with a great housing policy then they will be streets ahead of the others. Please give him the link to my report here, if you get the chance:

 

Dr Rosalind Beck

A year ago

Reply to the comment left by "Gary Dully" at "21/04/2017 - 02:34":

Gary. Have you thought about putting yourself forward as a UKIP candidate? You could then be the landlords' champion within. You might have to compete for election. Would you be up for it? We could raise the funds here to pay your expenses.

 

Dr Rosalind Beck

A year ago

I have mentioned that I will be voting for my local Labour MP, in his safe seat, as he has said all along that he supports landlords and he is anti-Corbyn.

 

[Lavalas]

She’s utterly shameless but thankfully the world doesn’t have to suffer as much of her tripe these days (not that anyone was listening really). There’s a couple of people agreeing in the comments but it’s just Jamie Fraser and the usual 118 lot. The rest see straight through it and that was before a link was even posted here.

A pathetic waste of time just like the rest of their campaign.

[Lavalas]

 

[Dyson Fury]

3 hours ago, Neverwhere said:

She also claimed to be voting Labour, and actively trying to unseat Conservative MPs, at the last election

 

All those links need to be posted on the "Conservative Home" website!!

By chance, I found with the 118 website, that you can link to individual comments rather than to the whole page containing them.  Go to the comment, right click on the "thumbs up" symbol beneath it, and "copy shortcut".  I think to vote the thumb up you have to be a logged in member, but anyone can copy the link.

[Mossie]

Thanks for the reminders about BosReck and her Conservative values.

Surely someone has approved her to write for that Conservative Home publication?

One of the funniest days in this long housing financialisation war the BTLers launched on others, was when HMRC or HM Treasury finally lost patience with all her long letters trying to get them see her truth, in her Gish-Gallop.   And when she took umbrage to it.   Seemed to me she was very unused to not getting her own way, as well as having a very distorted view of HMRC/HM Treasury as being there to give hugs.   

Although some seem have similar reality distortion about HPC imo, standing ready to embrace failing BTL landlords and tell them they've been misled.  "Darling it was the banks, it was mainstream, it's all the faults in all of us, it was nothing to do with you choosing to be a BTL landlord at all - begin the compensation for you."

Quote

 

I have received a reply from our esteemed public servants at the Treasury. I claim a pyrrhic victory:

27 April 2017

Dear Dr Beck,
Thank you for your correspondence dated 10 April about restricting finance costs for
landlords. As it is not practical for Ministers to respond to all the letters they receive, I have
been asked to reply on their behalf.
I appreciate the time and effort that you have put into the correspondence with HM
Treasury and other Government departments. However, previous responses to you have
fully outlined the rationale for this tax change. There is nothing further to add to the
previous responses to you and therefore, we consider this matter now closed.
Yours sincerely,
L Adams
Correspondence and Information Rights Team
The Treasury

 

Quote

They seem to think they have the power to suggest the matter is closed. It most certainly isn’t! We’ll badger and hound them relentlessly until this insane policy is reversed.

I am thinking of trying to raise a complaint at their unwillingness to answer legitimate questions

 

On 27/04/2017 at 15:38, Lambie said:

 Having drafted a number of replies for ministers, I can confirm this is civil service speak for "**** off and die in a fire".

It's also likely that the minister themselves has personally directed not to engage with them any further, which is (or should be) extremely rare.

I've only ever seen it used once.

Even if they come up with a wizard argument in the next 6 weeks, all they will get back is "it's purdah, no comment".

 

 

Quote

28/04/2017 at 17:43

Just sent this:

Dear Ms Patel.

I find the unwillingness of the Treasury representatives to answer my legitimate questions completely unsatisfactory. Can you please forward me the details of the process to be followed to make a formal complaint?

All the best.
Dr Beck

They are not one of your tenants to boss around.  I remember some tales from BosReck, including exaggerating how much one of her tenants owed her, and when tenant called her out on it, "Well just pay that then."

[Guest]

7 hours ago, Neverwhere said:

She also claimed to be voting Labour, and actively trying to unseat Conservative MPs, at the last election

 

Is this the same Ros who compared her plight to the persecution of the Jews in WW2?

For the last several years I have been looked down on by the property speculation and home owning elite such as this woman, I am just aching for pay back time,  but to reassure Ros,  even when her life hits rock bottom it will never even come close to matching the Jews ordeal.

[jiltedjen]

so is she going bust in January 2019? or is she just moaning about lower profits?

[Guest]

I am just reading some of the posts by this Ros, WOW!

Talk about being delusional and wicked, she thinks the whole world revolves around her, I have never seen such a bad case and I have known some selfish nasty people in my life, she has to be single right?

[Pop321]

1 hour ago, inbruges said:

Is this the same Ros who compared her plight to the persecution of the Jews in WW2?

For the last several years I have been looked down on by the property speculation and home owning elite such as this woman, I am just aching for pay back time,  but to reassure Ros,  even when her life hits rock bottom it will never even come close to matching the Jews ordeal.

 

56 minutes ago, inbruges said:

I am just reading some of the posts by this Ros, WOW!

Talk about being delusional and wicked, she thinks the whole world revolves around her, I have never seen such a bad case and I have known some selfish nasty people in my life, she has to be single right?

2015 S24 brought me to 118. I had a modest debt in % terms but a large enough amount to consider the impact. 

I began to understand when some spoke of huge interest payments eg £40k that these guys were insane. Then when I realised the numbers they were quoting in their 'reasonable examples' weren't annual but monthly I knew they were batsh1t crazy. 

S24 was odd v's usual accounting principals so I preserverved to try and understand the impact but felt the 118'ers came across naive and entitled.....but I was learning how s24. 

Then Ros and the holocaust comment swung me completely onto HPC. 

I now absolutely advocate a crash.  Not just on this forum but in the real world. 

Its one thing reading the market, renovating, short term leveraging and winning whilst the opportunity is there even knowing it fuels a spiral of prices and the consequences on others. Bad enough I know. 

But it is another to truly believe you are always right, believe no one else 'gets it', being totally entitled and then comparing your plight to the holocaust. 

She is HPC best advocate and speaker.....and she doesn't even know it. 

Long may her rants to MPs continue. Probably full removal of tax relief should follow?

I have looked at S24 closely and run scenarios. For the long standing IO leveraged who have MEW'd....they are pretty much dead in the water. 

Edited July 7, 2018 by Pop321
typos

[spyguy]

19 hours ago, oatbake said:

Clearly an HPCer. I do find it amusing that bosher makes herself out to be some kind of expert when she had to have Section 24 explained to her when it was first announced... 

Nowt as queer as folk.

Nope.

A Tory historian - corn laws and all.

[Mossie]

BTL as 'Mainstream Investment Activity' according to some...

(with the average BTL landlord being a 50 year old homeowner, as I read in a newspaper a few weeks ago)

You know, we are sitting here, you and I, like a couple of regular fellas. You do what you do, and I do what I gotta do. And now that we've been face to face, if I'm there and I gotta put you away, I won't like it. But I tell you, if it's between you and some poor 'rent forever loser family' your BTL chums expect to rent forever to give their little one a free house gift at 21 years of age, brother, you are going down.

[spyguy]

13 hours ago, jiltedjen said:

so is she going bust in January 2019? or is she just moaning about lower profits?

Assuming most of her previous  bragging is correct, Yes.

 

[jiltedjen]

34 minutes ago, spyguy said:

Assuming most of her previous  bragging is correct, Yes.

 

ah lovely! fingers crossed thats the case.

i have not really seen any 'i'm definitely going bankrupt' threads yet. perhaps we are going to see some moaning early next year. maybe the reality of bankruptcy wont really hit most people until hands are forced last minute.

i think a lot of people refuse to come to terms with stuff until its right there on their door-step. 

[spyguy]

1 hour ago, jiltedjen said:

ah lovely! fingers crossed thats the case.

i have not really seen any 'i'm definitely going bankrupt' threads yet. perhaps we are going to see some moaning early next year. maybe the reality of bankruptcy wont really hit most people until hands are forced last minute.

i think a lot of people refuse to come to terms with stuff until its right there on their door-step. 

Morelikely till their chattels are on the doorstep and the bailiff completes the repo.

[oatbake]

3 hours ago, jiltedjen said:

 have not really seen any 'i'm definitely going bankrupt' threads yet. perhaps we are going to see some moaning early next year. . 

Mentioning absolutely no names, I think I read that at least a couple of people behind the ATTT group were openly saying S24 would bankrupt them.

Frankly it's easy to identify these individuals anyway by the loudness of the whingeing, the furiousness of the letter-writing and the desperate lengths they go through to try to pin the blame for absolutely everything on S24.

But as you say, these people will cling on to the flotsam until the bitter end. They have gambled everything at the Casino of Property Investment, forgetting that the house always wins. Most will be in denial until they start getting calls from lenders, enquiring as to why they've missed a payment. This will all happen in private of course. We will know when they've finally gone under when they stop posting on parasite 118 / ATTT etc. One by one they will quietly slip below the waves unnoticed.

I don't want to see anybody go bankrupt but if it's the choice between that or a generation of people entirely priced out of the market and a return to some kind of feudal system, then let the bankruptcies commence! And it might as well happen sooner rather than later as this is better for all concerned. The fact is that these people gambled heavily with borrowed money means that I will have as much sympathy for them as I would with a compulsive gambler who'se racked up a big credit card debt; very little. 

It is important that they accept, and take responsibility for, the consequences of their actions. 

[jiltedjen]

really looking forward to January. When the bills start arriving on door-steps we should have a Schadenfreude party here on HPC.

i would pay to see a documentary on these bust BTL's moving on with their lives. I really do hope they end up renting from selfish crap armature landlords themselves.