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Landlord Seems to Have Lost Direct DWP Payments - Property118.com Getting Angry


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Right laugh that place.

 

What annoys me about those people is that you kust KNOW they have a certain attitude to people who are renters. A renter could pay on time, be a perfect tenant, but there's something in their minds that nags at them, saying "they're worth less than you as a human - you need to extract more money from them"

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1 hour ago, qejunkie said:

https://www.property118.com/dwp-culpable-in-ensuring-landlords-are-out-of-pocket-for-12-months/

I don't have much conviction right now. But I am pretty sure property118.com is going to be great this winter. 

Every single reply to that post tells me that we have a lot more entertainment to come as just the responses there are entertaining enough..

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2 hours ago, Trump Invective said:

Right laugh that place.

 

What annoys me about those people is that you kust KNOW they have a certain attitude to people who are renters. A renter could pay on time, be a perfect tenant, but there's something in their minds that nags at them, saying "they're worth less than you as a human - you need to extract more money from them"

Tip from my father. When renting, always get the LA to address you formally (Mr Smith).  Correct them if they try first name terms.  Refer to everyone by their titles - it will shift them to treating you more respectfully. 

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4 minutes ago, kirstieb said:

Says it all "It is the governments responsibility to take the losses and not ours."

 

Governments responsibility! Unbelievable...

Whoever lead these LL's to believe that they are doing the whole nation such a favour, that they deserve the government's protection from business risk during difficult times? 

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There's a similar thread on Rightsnet (A forum for welfare rights advisers) that describes all kinds of problems with the system. Mostly from perspective of supporting tenants/housing associations 

1) Deduction of rent arrears from benefits being stopped without warning.
2) Forms getting "lost"/not processed
3) DWP continuing to pay the tenant the rent in error. 
4) If the tenant earns more than their "work allowance" for 3 months in a row then the direct payment of rents stop. seemingly without warning/notification.
5) Random amounts being deducted/money going to wrong landlords/without reference numbers etc. 

Seems the property118 boys are facing the same issues. 

I heard a landlord describe UC tenants as "the new blue chip" the other day :rolleyes:

 

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12 minutes ago, moonriver said:

Governments responsibility! Unbelievable...

Whoever lead these LL's to believe that they are doing the whole nation such a favour, that they deserve the government's protection from business risk during difficult times? 

 

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5 minutes ago, adarmo said:

This has made my day. Finally it is slowly becoming more trouble than it's worth and who wants to buy property With sitting tenants?

Or even property in desperate need of updating and converting back into something liveable at considerable cost?

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The Penny has dropped with some of them.....

"Can’t see them ever going back on the 6 months notice.........why would they? Especially as this now applies permanently in Wales. So going forward Section 21 to be scrapped (Theresa May confirmed this) and with two months arrears required to serve a Section 8 then 6 months notice, it will be 8 months before Court action can be commenced."

All that risk for <4% yield. 

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13 hours ago, kirstieb said:

Whoops. Meant to say they think they are both mother Theresa and Richard Branson at the same time. 

 

Which one is it?! Schroedingers landlord 

Mother Theresa: she was both in love with the smell of her own farts and a shrewd businesswoman.

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3 hours ago, Locke said:

Mother Theresa: she was both in love with the smell of her own farts and a shrewd businesswoman.

According to Christopher Hitchens she was 'Hell's Angel'. Interesting documentary on YouTube if you have time to watch. Not quite what she was made out to be if that's anything to go by.

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34 minutes ago, spacedin said:

According to Christopher Hitchens she was 'Hell's Angel'. Interesting documentary on YouTube if you have time to watch. Not quite what she was made out to be if that's anything to go by.

I know; she believed that suffering and pain were gifts from Christ, and therefore painkillers are sinful.

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17 hours ago, Council estate capitalist said:

There's a similar thread on Rightsnet (A forum for welfare rights advisers) that describes all kinds of problems with the system. Mostly from perspective of supporting tenants/housing associations 

1) Deduction of rent arrears from benefits being stopped without warning.
2) Forms getting "lost"/not processed
3) DWP continuing to pay the tenant the rent in error. 
4) If the tenant earns more than their "work allowance" for 3 months in a row then the direct payment of rents stop. seemingly without warning/notification.
5) Random amounts being deducted/money going to wrong landlords/without reference numbers etc. 

Seems the property118 boys are facing the same issues. 

I heard a landlord describe UC tenants as "the new blue chip" the other day :rolleyes:

 

This is going to be a nightmare once furlough ends and millions claim UC/HB or whatever

 

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1 hour ago, spacedin said:

According to Christopher Hitchens she was 'Hell's Angel'. Interesting documentary on YouTube if you have time to watch. Not quite what she was made out to be if that's anything to go by.

Quote

Thousands of years after Mother Teresa’s death, her robotic counterpart, Mother T-2000, rules the earth with an iron fist. Although her original form worked for years in an orphanage, the cyborg saint eats at least 15 Indian orphans a day for fuel.

https://www.theonion.com/20-women-throughout-history-and-5-from-the-future-1842529612/slides/10

symhx2p8wme93760maay.jpg

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9 hours ago, qejunkie said:

The Penny has dropped with some of them.....

"Can’t see them ever going back on the 6 months notice.........why would they? Especially as this now applies permanently in Wales. So going forward Section 21 to be scrapped (Theresa May confirmed this) and with two months arrears required to serve a Section 8 then 6 months notice, it will be 8 months before Court action can be commenced."

All that risk for <4% yield. 

The major risk is took by banks lending io mortgages at very skinny margins.

If the few banks left in io btl continue then they are idiots and deserve to go under.

Expect byl svr to rise more. And deals being pulled.

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  • 418 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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