Grampa Posted July 24, 2020 Report Share Posted July 24, 2020 Opps, I predict a mass exodus of landlords in Wales. Today (23 July 2020), Julie James MS, Minister for Housing and Local Government of the Welsh Government has announced new rules which will require six months notice to be given to tenants in Wales from tomorrow (24 July 2020). Quote Link to comment Share on other sites More sharing options...
Melboy Posted July 25, 2020 Report Share Posted July 25, 2020 ...........and the Welsh Assembly will wonder why so many people are homeless and seeking accommodation in the years ahead. The result of this short sighted measure does not take take into account the landlords financial position regarding bank mortgage payments etc. Oh well over to you COR for your comments. The straw that broke the camels back perhaps for you? These temporary measures will turn into permanent measures. Thank goodness I don't have any rented property in Wales. I nearly bought in Wales some 10 years ago now....... but woke up! Quote Link to comment Share on other sites More sharing options...
Grampa Posted July 25, 2020 Author Report Share Posted July 25, 2020 Ah but will they later bring the same to England? Quote Link to comment Share on other sites More sharing options...
Richlist Posted July 25, 2020 Report Share Posted July 25, 2020 I suspect we will see this in England. The pandemic is not over.....although large sections of the country think it is or are indifferent. A 2nd wave is more likely than not and the authorities are not going to be in any better position to help people made homeless.......so it makes good sense. If I were in Government I'd support it although it could potentially cause me personally a lot of grief. Most of us landlords have learnt to roll with the punches. Keep smiling.....gyms open from today. Quote Link to comment Share on other sites More sharing options...
Carryon Regardless Posted July 25, 2020 Report Share Posted July 25, 2020 Just yesterday, yes yesterday, I went on the offensive against those that are enjoying the release from rent payment responsibility. I have now upset a few T's and G'tors and confirmed for them that I am nowt but a scabby money grabber. If the Gov't says I'm wrong then I must be. I reasoned that the Courts are sitting from the 23rd Aug, and repossessions can take place from end of Sept, so now was the time to take pro active action with the restoration of my ability to threaten their peaceful low expense existence. Wrong again. What a dumb dipsh*t I am, apparently. Serves me right for calling the Welsh Assembly a retarded bunch of wuck fits I guess. Thanks for the heads up btw, at least the pubs are open again, but not in Wales yet. Quote Link to comment Share on other sites More sharing options...
Melboy Posted July 25, 2020 Report Share Posted July 25, 2020 I have come to the conclusion that COR is forcing the Welsh Minister to permit free tenants occupation of his rentals. 😃 They have all written to the Welsh housing Minister saying that COR is a slum landlord and is expecting rents to be paid whilst they are on a freebie money furlough lock-down. 😀 I am amazed you don't just sell up and get the hell out of it COR. You deserve the LBM ( Landlord's Bravery Medal ) for putting up with what you have to put up with for so many years. Quote Link to comment Share on other sites More sharing options...
Richlist Posted July 25, 2020 Report Share Posted July 25, 2020 I don't understand why you guys have a problem. The Gov' come along, give you a stamp duty holiday, a reduction in VAT, discounted meals in August, defer your tax payments until January 2021, offer you the best savings rates available and a grant of up to £5K for energy savings and all you can find to do is moan, whinge and complain. Next you'll be telling me that you are Labour supporters. Life could be so much worse. Quote Link to comment Share on other sites More sharing options...
fionaf Posted July 25, 2020 Report Share Posted July 25, 2020 Anything but a Labour supporter. However one of my tenancies which consists of two NHS workers have asked what reduction we would make for them. My mortgage company (Coventry) has not reduced the rate, I have seen reports of those who’ve taken breaks from payments getting penalised and so yes it is taking the ‘pxxs’ when a tenant who has not been affected asks for a freebie. We made one small reduction for a tenant who was on mat leave as a gesture of good will as we are flexible but also not a pushover. Quote Link to comment Share on other sites More sharing options...
Grampa Posted July 25, 2020 Author Report Share Posted July 25, 2020 But if your tenants are NHS workers surely they have been working throughout the lock down and likely to also have pulled in a lot of overtime. Or am I missing something??? Quote Link to comment Share on other sites More sharing options...
kanrent Posted July 26, 2020 Report Share Posted July 26, 2020 On 7/25/2020 at 1:12 PM, Melboy said: ...........and the Welsh Assembly will wonder why so many people are homeless and seeking accommodation in the years ahead. The result of this short sighted measure does not take take into account the landlords financial position regarding bank mortgage payments etc. Oh well over to you COR for your comments. The straw that broke the camels back perhaps for you? These temporary measures will turn into permanent measures. Thank goodness I don't have any rented property in Wales. I nearly bought in Wales some 10 years ago now....... but woke up! Better start praying it won't happen in England Quote Link to comment Share on other sites More sharing options...
Carryon Regardless Posted July 26, 2020 Report Share Posted July 26, 2020 On 7/25/2020 at 7:12 AM, Melboy said: ..........and the Welsh Assembly will wonder why so many people are homeless and seeking accommodation in the years ahead. Ah well, my experience is that the courts are socialist in result. Consider, I / we claim from the underdog /s (reasons irrelevant to Court), there is no real social advantage to awarding reasonable, if any, effective penalties against the T or G;tor. Although if the G'tor has a more healthy economic situation maybe, but try to demonstrate that w/o looking like an unreasonable type of claimant. We are considered to be enjoying easy extra monies from property, and must accept risk as apart of the business we are in. Our need is less. Penalise the T and he sees less reason to try for a future. We have gone so far w/o the funds and can even afford to find more to make claim. We have managed to reach that point so we should find it easier than the T to manage a future w/o the claimed monies. Clearly, even before Covid, there was a state direction to defer and even prevent repossessions. Such only gives greater problems for the state, repossession isn't an attractive result. LL's are blamed for the house prices escalating out of reach of the poor 1st time buyers. Causing the BTL market to be less attractive can be an advantage there. As a general the houses are still there, no matter how someone will live in them. If that isn't providing our greedy profits who will care? The comment on the long term outcome is relevant and clearly, imho, the retard, short sighted Welsh Assembly are going to cause their lower class areas to sink to lower levels. As they remove our incentive to invest they also remove those responsible for attempting to create and maintain attractive properties for the lesser able to live in, and I experience a good few of them. The English gave them a lot of castles, I don't recall they ever paid us for them. The tourist revenues should be claimed from the chippy sods. Quote Link to comment Share on other sites More sharing options...
Carryon Regardless Posted July 26, 2020 Report Share Posted July 26, 2020 Why I don't sell and leave 'em to it. In 2007 the valuation was £78K per flat. I remortgaged in anticipation of a few years of slump. The one flat I didn't own sold for £43K a few months ago. That has set the low value for some time yet, and that before Covid. I would need to fund any sale by around £25K per flat. So why sell anyway while there is still some revenue? The revenue, of course, is under continual attack. So anticipating a tipping point is reasonable. What is possibly more scary is the increased responsibility that gives increasing criminal responsibility threat against me for T activity. The Rent Smart Wales course to qualify for registration is flippin' scary with its many threats of fines and even custodial penalties. And remember ignorance is never an excuse. I have considered that Boris must be laughing his titties off at what the other nations are doing with the devolved power they can't handle. If they do anything successful he can adapt and adopt, they are experimenting, he waits for results. Where they F' up he points out how, and gains election advantage. Wait for the devolved nations to claim additional monies due to Covid. BJ must be considering his responses already. Quote Link to comment Share on other sites More sharing options...
Carryon Regardless Posted August 13, 2020 Report Share Posted August 13, 2020 Here's your landlord update. Update on Evictions During Coronavirus New rules in England and Wales on how courts will engage with landlords and tenants during coronavirus are due to begin on 23rd August. The measures are intended to deal with the large backlog of possession cases that have built up since courts stayed possession hearings in March.Summary of New Rules: • Landlords will have to reactivate existing claims to get a hearing. • To pursue cases based on rent arrears, landlords will need to tell the court how much they think the tenant has been affected by coronavirus. • Even after reactivation, claims could take much longer than normal to be heard. Scotland’s measures to stop evictions have been extended until March 2021. ------------------------------------------------------------------------------------------------------ I would hope re activation of claims doesn't come with any additional fees. For the courts to find original paperwork might become a bit of a high expectation though. We are supposed to tell the courts how covid has affected tenants. I assume this means in financial terms. I can imagine some of the responses to what we say, an obvious response being "how would the landlord know". I wouldn't intend repossessing as I think the trawl to do so would be frustrating and likely pointless, and if / when successful what then, who next? My way is to attempt recovery of rents outstanding. So far I've recovered a little over 40%. There are 2 tenants with substantial arrears and I'm now of a mind that they are beyond recovery, although the g'tor of 1 is well heeled but defending my attempts to recover. I have used the CC threat but that g'tor has perceived it as a threat of eviction. Clearly he is behind the times on that one. Wait for the media stories of disgusting LL's taking the offensive offensive against the poor T with 6 kids, 3 dogs and no bloke to defend her. In her damp over crowded flat and pregnant by immaculate conception. Quote Link to comment Share on other sites More sharing options...
Carryon Regardless Posted August 24, 2020 Report Share Posted August 24, 2020 So, the WRA, (Welsh Assembly), I have been informed by the T dictator who told me I must do w/o £170 of his rent, has informed me of a tenant loan scheme. There are criteria to be met but T applies for a loan, I need assist in the application (so sounds less speedy than might be) if passed it gets paid directly to me. T is charged at 1%, I have absolutely no responsibility of the loan. I'm rather surprised as it is actually designed to prevent / remove eviction action and not screw the LL. This doesn't address arrears as at 1st March, just arrears developed after that if Covid related. It would seem that those HB T's that are just failing to pay their top up won't be eligible. Still I have anticipation of seeing a £Grand that wasn't looking good. I don't know how the ongoing shortfall of this particular T will work out regarding any loan set up. Quote Link to comment Share on other sites More sharing options...
Richlist Posted August 25, 2020 Report Share Posted August 25, 2020 What I've noticed during the pandemic is that although the UK is made up of 4 main regions......England, Ireland, Scotland & Wales.......Scotland gets far more media time than they should. We hardly hear anything about Wales on the news or in the n/papers and Ireland is non existant. I get more news about what's happening in Wales from this forum than the BBC. Wales needs to up it's profile, start making a fuss, cause some waves......nobody in England knows the place exists, let alone the problems the people there are having. Quote Link to comment Share on other sites More sharing options...
Carryon Regardless Posted August 25, 2020 Report Share Posted August 25, 2020 If we're talking of their economy, while Wales may have some issues due to remote locations, similar but not as much as Scotland, I see parts of England (Northern regions but East Anglia is some what forgotten also) have issues as much as Wales experience. But their population is less than 5% of the UK so I feel they expect more consideration than is actually due. Covidwise their infection rate is running at a little over 6% of the UK total and their death rate a little over 4%. There isn't a great difference really. Time will tell if those with a higher infection rate are actually ahead or losing in this battle. It may well be that New Zealand (for example) are merely deferring the inevitable and have 'yet' to catch up. Anyway Longshanks gave them loads of castles. Their tourism benefits massively from them. Did they ever say thank you? Quote Link to comment Share on other sites More sharing options...
Grampa Posted August 25, 2020 Author Report Share Posted August 25, 2020 Baa Baa Quote Link to comment Share on other sites More sharing options...
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