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msi

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About msi

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  1. Capitalism works both ways. Strange how many free market fanboyz forget this.
  2. BTL isn't illegal or immoral so long as you price it as it really is. A commercial bridging loan with a high risk payment strategy. Agree totally with charges for anyone using residential mortgages for BTL. Full conversion to commercial terms and rates and a criminal conviction for fraud.
  3. Do LL's think this actually helps? S21 is a county court process. They already have a massive backlog with no additional resources to tackle it. Adding to this simply slows the queue further so tenants can stay put. You can upgrade to a High Court eviction, but that will cost you and encourages tenants to withhold rent and trash the place as any further claims have to be started after possession and when the tenant has 'disappeared' . After the LL gets their pwoperdee back, what next. Do they think they can simply rent it out for 30% more the next day, especially after its been trashed? All the time they are still chased by their Lenders, Council Tax, and HMRC. Far easier to get 8% easy return from the FTSE
  4. What crime do you think it was? Is the crime still in the room with you?
  5. Plenty of work being done to salt the earth. Vindictiveness is a tory trait.
  6. Overdue commercial property loans hit 10-year high at US banks
  7. Ah the Gammonattie here that love to change BaCk ThE bLuE suddenly are chanting ACAB? hahahahaha....careful those mental gymnastics don't pull a muscle
  8. Rishi can't avoid it, but he can try to delay it till after the GE and push it onto the next (Labour) lot.
  9. Soon as HMRC get some scalps it will hit the media. That will send shockwaves and encourage more LL's to sell up thinking they can cash out.
  10. Suella Braverman defied Rishi Sunak with article criticising police Britain’s home secretary has defied Rishi Sunak by publishing a controversial article attacking the police’s handling of protests without gaining clearance from Downing Street, the prime minister’s spokesperson has confirmed. Why leak this now I wonder. It boosts Braverman in the eyes of the Rabid Right and undermines Sunak.
  11. I don't think they can. They are either on the tail end of their working lives, so ideal fodder for recession led redundancies or already pulling a pension that is being eroded by inflation.
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