Armageddon out of the PRS!

Armageddon out of the PRS!

0:05 AM, 19th October 2023, About A year ago 12

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Hello, Landlords are beset with so many problems now that the question must be asked – is it worth it? Consider the looming Renters (Reform) Bill, which effectively removes control of a property from the landlord and presents it to the sitting tenant.

The huge rise in costs – repairs, insurance and licensing – has made making a profit more difficult, not to mention the loss of tax relief on mortgage payments, and the demonisation of landlords by Shelter, Generation Rent and councils.

Many landlords have voted with their feet – will you?

Me?

Armageddon out.

Tom


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Stella

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20:29 PM, 21st October 2023, About A year ago

Reply to the comment left by Stella at 21/10/2023 - 19:56
Correction to above comment.
"One of my properties I have owned since 1975"

GlanACC

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16:57 PM, 23rd October 2023, About A year ago

Reply to the comment left by Stella at 21/10/2023 - 19:56
My kids don't want my properties, might just leave them to Cats Protection - no tax to pay if left to a charity

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