where are all the houses to the rent?

Somehow I doubt whether even you could sleep through the levels of noise we used to get next door to us, *dim*. It was almost worse when it went quiet, because we would be waiting for the noise to slam right back on again - sometimes in the wee hours of the morning. It was noise used as a violent weapon, basically - and a very effective one at that.

 

I was staying at a block of flats in Spain once but there was a night club next door and my room was right next to it so imagine how loud that was :D one day I came home and the owner of the building just let a load of people from the council in to record the sound levels haha...Spain for ya they can never get anything right

 

Buy to let = My hell on earth

Lovely private cul de sac, three homes got sold to buy to let
The street turned into Beirut in two weeks
Homes multiple occupancy to Polish, who then sublet to their mates, Hot bunking ie the day workers slept in the beds at night, and when the night shift workers got home they slept in the beds during the day
Well eventually after they had drunk themselves into a stupor

Weekends they used to all gather on the road and sit in a big circle crosslegged, drunk , with a dozens cans of Lidls super lager each at their side smoking fighting
I almost cried, as I did not have enough to sell up and move, and besides I have lived here 40 years
We had almost two years of that and then fortunatley the Oil Rig worker who owned the houses, got killed, in Saudi
They were sold, but two remained buy to let
They are now lived in by respectable Polish famlies one to each house and both managers at a local Fresh Produce farm

The buy to lets are still poorly maintained though, lack of paint and grass growing in the RONES (guttering) but thank £eity for small mercies

There should be some law that if you are to be a landlord then you have to have standards which if not met you are jailed, within months not years of sparing with the authorities

As my Christmas posts, I get on well with the Polish families, they are respectable, more so than some of the locals
The Polish families, live and have the morals of the 1950's

The Polish young working men, who lived here before were just thugs and drunkards (£250pw wages, where at home it was £12pw and no adults to watch them)

Jack McHammocklashing

 

We have a Polish couple in the latest flat who are a joy!

HMO's vary depending on local authority, but five is the upper limit. Some authorities change the rules from area to area too.
Fine for non compliance is up to £20000. But the worst bit is that you can be made to return all rents for the period that the property was not registered.

 

It is amazing, Jack, how quickly the character of a street can change, isn't it? At the moment, I can't believe how peaceful my house is - but I'm well aware that it only takes another *** with a get rich quick scheme for things to become intolerable again. It's an incredibly common problem now. Since there are very few council houses, and people are expected to find homes in the private sector, this is an area which needs to be looked at seriously. I remember mentioning on another thread that I once read a post by someone calling himself 'Housing Barren' (!!!!). He was complaining that his tenants had had the cheek to ask that their dead boiler be replaced immediately, something which he considered most unreasonable. I think his words were something like 'if they want to live in a hotel, they should find a room in one'.

 

Only since the buy to let thing became the norm

I know a millionairess in Dundee
When I first met her it was whilst repairing a machine in the bar she was a barmaid in (fix the machine the landlord tells the barmaid to get you soup or lunch whatever)
She was live in, so bought a house (mortgage and rented it out to studens at the UNI) With the rent she mortgaged another house and rented it out to students and so on until she now owns 127 properties or 1270 rents a month coming in Average property price £140k

This was available to all of us to do but I did not have the balls

She still if we meet in town acknowledges me, and speaks, but is well aware of her new status in life

(Not a love thing, just one of many friends having spoke to them over the years ie 30 working as an engineer I know many people, every pub in Scotland and the staff that have been and gone)

It is a bit embarrasing when in a town and someone says Hi Jack how are you doing, I recognise them but have not a clue who they are, until during the conversation, I pick up where and when they worked or new me, then it clicks into place and by the end I manage to recollect their name :-)

Jack McH

 

I'm lousy with names. I stand there trying not to look vacant, and ask leading questions such as "how's the missus, still working at.........god what was that place called?" or "how are the children?" That second one led to a very awkward "are you taking the ****, you know we couldn't have children!" once.:DOH::DOH:

 

Can you imagine what it must be like for the neighbours, though? Personally I wouldn't feel happy to blight the lives of others simply in order to turn a profit. Which probably explains why I'm still broke.

 

Well I am like you
Though if you were to go into it, you leave the dirt behind and live in your private mansion house out in the country miles from anyone

Well not quite this girl lives in a nice house in a nice area, she is only a millionairess, in PROPERTY

Myself if I got that far would then sell up the properties and be a real millionaire, in my mansion house up country

They do not see it as that though, they do not see 127 houses at 140k each
They see a business with 1270 rents plus 140k each
Flippin heck I have just done a treetreetree packet calc that is 17m property and 3m a year rent

Jack McH

 

Hi Jack

I'm not quite your millionairess lady but we have bought all of our four properties here on the 'back' of one small two-bedroom cottage in Bucks and we don't have any mortgages so I know it can be done.

The difference with us is we rent long-term and not to students (did that once in the UK when we had a static caravan on a Haven site in Sheerness ... BIG LOSS). Our renters here have been 3 years at least each so can't complain and actually added to the property, one put in an a/c / heating unit without asking us for the money.

You take your chances ... sometimes you win and sometimes you lose.

 

Jack, my dear friend, I live out in the country ... but in a farmworker's cottage which I adore.

I can't understand the comment that there are 127 houses but 1270 rents .... are there 10 tenants in each propety?

Perhaps we are doing something wrong and I CAN actually be a millionairess SOOOOOOON ... :yess:

 

Correct Viccy
They are student lets, five bedsits two students to a bed sit
It is in a UNI city, and her rents are cheap compared to some

In my quick calcs I have not taken into account, tax, repairs and maintenance and paying mortages on each house

I am about to retire APRIL

I have looked at ex pat city in Spain eight berth caravans with balcony, drive and garden £40k
Only yes they are only 20 mins motorway drive from the Airport
They are an ex-pat town 200 modules, with a hall BINGO every Friday night
NOT MY IDEA OF RETIREMENT
I want local bar, and manage the language and people, which would not happen
AND I could never leave my family behind, otherwise I would have taken the opportunity whilst serving to transfer to the Australian RN Wife and no children at the time, but MUM DAD BROTHER and FAMILY left back home would break my and their hearts

So I have made my bed I have to lie in it

Jack McHammocklashing