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Those running the bank of England are incompetent they should have lost they're jobs long ago..

Good

Wish I would have bought 1 month ago - but is still so hard to buy in a good area as a single person

Thankyou Simon, great information. ❤

Good point about the inflation busting 22% pay rise and its implications.

Love your positivity

Great video Simon, looking forward to the national PIN meeting coming up 👍🙌

Exciting incentive for potential investors.

Great content, Well done

Amazing 🎉

and you don't get capital appreciation after 8 years...

what about management fees, (10% plus vat...)tenant finder fees, repairs and maintenance, inventory, check outs/in? students change their tenancy each year....

So £3260 a month minus the rent (£1525) minus the bills (£650) = £1085 What about management costs? (£3-£4k). Repairs? (5-10%). Voids? (10%). Low cash flow is not always a problem if you own the property and expect capital appreciation. However, he’s taking all the risk with hardly any of the upside. Surely he has just become an estate agent, nothing more. An estate agent would typically charge 12% to manage a HMO. That is roughly what this guy is going to be left with. But an estate agent takes none of the risk!!

Most landlords own ex local authority homes ironically sold to them by those that had bought under right to buy and wanted to cash in. Most aspirational first time buyers dont want to live in areas that are quite often are sink estates. They want shiny new builds boosting builders profits.Most landlords are getting out because they are demonised at every leve from HM Gov to the Daily Mail with little respite to this. Shelter make it sound that every tenant is a saint and every landlord is a sinner. Many landlords are tired of paying a fortune to tradespeople. With all these factors combined why stay ?

Thanks Simon - look forward to part 2!

I hope property investment is curtailed. Our young people have it so much harder tday than we did. Young people need affordable rents and affordable properties to buy so they can get on and make the next generation.

You cant ruin something that was allready ruined.

GREAT VALUE

Energy security act us the one to be concerned about

Will you hire homeless employees in your property investment business?

What scares me about labour is that they seem to think toiling away 9-5 is the only way to make money that counts.

Alot of Landlord haters out there by renters, so landlords sold, now less houses to rent, Rents went up 😂 Where's your Socislist labour Govement helping you now!!. Its not easy saving 25% deposit for an interest only BTL, renters go save 10% n buy then. The more the Cummunist new gov may me pay I just pass it on, like supermarkets do..😂, stop taxing the life out of me😊....exit strategy no2, leave the country after I've stripped every penny in equity out of em.

Whatever the effect from a government policy, you can be sure it was intentional.

Buy to Let is totally over in London, certain as a forward looking proposition. I think its a good thing its done.

What is social housing? Council houses?

I have a few properties which I used to rent as HMO’s. My council fined me £20,000 because I didn’t renew a gas safe certificate in one property. I got out, turned them all into holiday lets. Has been much better! Now I’m super worried about section 24 from April 2025. I don’t think I will have a business anymore (that is worth all the effort). I don’t want to sell as this is all I have done for 15 years and all I know. I feel I will be forced to sell them 😢

The councils should buy them, they need houses.

Do you think the sudden increase of for-sale properties might drop the asking prices of those properties? Theoretically could this lead to more people actually being able to own their homes instead of being forced to rent? I know it's an absolute hail-mary, but is it possible this could actually end up as a net positive for the average person? I know I'm dreaming, but it would be nice if that's how this all pans out.

Yes with all the problem's being a landlord. Selling up is the right thing to do if you have been in it to make good money. To many taxes and rules and regulations all benefit tenants. Selling mine after 30 years in the game .ok for me because i own them out right always have done with no mortgage on any .ill have enough to last me comfortably for 30 years .

Is it still worth it to invest in HMOs regardless of the party in power?

Uk home ownership was 71% in 2001. Now it’s 63%

How does anyone make property pay when taxes are 19% corporation tax and then 33.75% on what you take out as dividend.. ??

Oh My days....Simon. Why do these politicians not actually visit a PIN meeting or walk the streets to understand the tsunami waves their point scoring sparkly strategies actually unfold. Glad I live in the Commercial property space.

Great !!! 70% home-ownership; I love it. BUT where are the other 30% going to live? We NEED the PRS. VOTE REFORM UK (BTW thanks for clarifying that the government weren't personally building 300,000 houses .) I doubt that there will be a crash for many years. This so called "reasonable sale price" has to be reasonable from the landlords perspective too. (Your comments are not at all controversial but completely rational.) The only losers are renters.

I always await your video nuggets eagerly. This one is so full of talking points that I want to rewatch it a couple more times and think carefukky about what my comments will be. Very timely video.

If somebody could provide more detail of what happened recently in the Republic of Ireland, I should be grateful. As I remember vaguely, the Irish Government introduced pro-tenant (supposedly) legislation. It resulted in landlords withdrawing their properties from the rental market, leaving relatively few properties being offered for rent. Within about one year, or thereabouts, the legislation was withdrawn.

Simon I have just been on the PIN meeting link in the description but can't see the one for the virtual meeting on 7th August that you mentioned? I do think the topic of rent caps is high on Landlords list of concerns. Thanks for giving details of how it went in Scotland, which wasn't as intended! I believe it hasn't worked as politicians expected anywhere it has been tried in the past. Cynically I think politicians all think they know best, so will try again because they will do it right this time - which of course they won't. As you said the real problems with raising rents will happen to the Tenants. I hope they listen to experts in the field before jumping in but I am not holding my breathe. 😕🤯

is the next Global Virtual meeting on the 7 August (as in the video) or 4 September (the website shows this date)?

Thanks Simon, great video as usual.❤

As Harry Callahan said so sagely, " An opinion is like an asshole...everybody's got one!"

300mts? 😐

Stuff developers . Just give the money to councils to build millions of affordable social houses . Win win for renter and buyers.

With the Charmaine use case did she need to convert from C1 to C4 permitted development? From what I've read that would need full planning permission and unlikely to pass? I'm looking to do something similar in the headington, Oxfordshire area

Thanks for sharing your knowledge .. just wondering if we can do wholesaling in uk, with Sub-To, Wrap, and Notes ?

Great video but can become and issue if you are all ready a higher rate tax payer and then that rental income tax liability hits you

Totally agree. The one advantage, I suppose, of starting with ONE BTL would be to step into property investment gently and gain a track record to gain credibility with lenders and estate agents.

Thanks, Simon this video was informative

❤hi from Newyorkcity i want room for one person in london nice area pls help me thank you looking forward tohearing from you bye

abolish section 24!

When interest rates hit a certain level it put the brakes on my IT recruitment company and its been tough ever since