Blogspot: Why South Ockendon landlords shouldn’t be criticised

Why South Ockendon Landlords Shouldn’t be Criticised
by Paul Tobias-Gibbins

https://www.mpestates.co.uk

There is no escaping the fact that over the last couple of decades, the rise in the number buy-to-let properties in South Ockendon has been nothing short of extraordinary. Many in the “left leaning” press have spoken of a broken nation; The fact many youngsters are unable to buy their first home, with the rise of a new cohort of younger renters, whom have been daubed ‘Generation Rent’. All this as landlords hoover up all the properties for their buy-to-let empires. Government has been blamed in the past for giving landlords an unfair advantage with the tax system. It is also true many of my fellow professionals have done nothing to avail themselves in glory, with some suspect, if not on some rare occasions, downright dubious practices.

Has the denigration and unfair criticism of landlords gone too far?

It was only a few weeks ago, I read an article in a newspaper of one landlord who had decided to sell their modest buy-to-let portfolio for a combination of reasons. One of which being the new tax rules on buy-to-let that were introduced last year. The comments section of the newspaper and the associated social media posts were pure hate, and certainly not deserved.

Like all aspects in life, there are always good (and bad) landlords, just like there are good (and bad) letting agents . And so it should be said, there are good and bad tenants in equal measure. Bad letting agents and bad landlords should be routed out, but not at the expense of the vast majority whom are good and decent.

Are the 256 South Ockendon portfolio buy to let landlords at fault?

The Tories allowed people to buy their own Council house in the 1980’s, taking them out of the collective pot of social rented houses for future generations to rent them. Landlords have been vilified by many, and it has been suggested by some they have an unhealthy and ravenous avarice to make cash and profit at the expense of poor renters, unable to buy their first home. Yet, looking beyond the headline grabbing press, this is in fact ‘fake news’. There are seven reasons that have created the perfect storm for private renting to explode in the 2000’s.

To read further click below

https://www.thurrockpropertyblog.com/south-ockendon-landlords-criticised/

4 Responses to "Blogspot: Why South Ockendon landlords shouldn’t be criticised"

  1. Catching the Bus   October 16, 2018 at 5:01 pm

    Like all aspects in life, there are always good (and bad) landlords, just like there are good (and bad) letting agents . And so it should be said, there are good and bad tenants in equal measure. Bad letting agents and bad landlords should be routed out, but not at the expense of the vast majority whom are good and decent.

    I agree

    here is no escaping the fact that over the last couple of decades, the rise in the number buy-to-let properties in South Ockendon has been nothing short of extraordinary. Many in the “left leaning” press have spoken of a broken nation; The fact many youngsters are unable to buy their first home, with the rise of a new cohort of younger renters, whom have been daubed ‘Generation Rent’. All this as landlords hoover up all the properties for their buy-to-let empires. Government has been blamed in the past for giving landlords an unfair advantage with the tax system. It is also true many of my fellow professionals have done nothing to avail themselves in glory, with some suspect, if not on some rare occasions, downright dubious practices.

    I cannot fault the above as well.

    For me we need to build in the UK. It will help small builders and SME’s construction companies.
    It will help the Generation rent get on the housing ladder with the demand coming on to the market.
    We need to get Generation rent away from renting and into Private ownership of there own homes.

    I also notice you mentioned Banks in your bigger article.
    I ain’t even going to post about that.

  2. thurrocksgonedownhill   October 16, 2018 at 5:35 pm

    Landlords get a bad name alot of the time and trust me their are some bad ones.

    My own experience of the letting market is a mixed one. Some good tenants and some bad and some very bad.
    The one common denominator is the local authority. They make it difficult and unnecessarily stressful for tenant and landlord alike. Withholding rent for weeks at a time with excuses upon excuse.
    Then you have the scum tenants that just want to rip off the landlord.
    all this adds up to…sell up boys and girls, renting nowadays ain’t worth the grief.

  3. Catching the Bus   October 16, 2018 at 5:45 pm

    thurrocksgonedownhill I agree with you.

    I am really sorry honest people like you have been ripped off in the industry.

  4. rocket1   October 17, 2018 at 9:03 am

    why would anyone with a few quid in their pocket want to rent in south Ockendon?.

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