rent payed for 1 house to private landlord would pay 2 morgages ???????uk

the goverment does not want you owning a home , they want to be able too make you homeless on a whim if you act up.

How many bed rooms, mines 3 for 1150 pcm

same landlord for 2 br house is 950 pcm.

he owns most of the houses in this area plus develops. unless you have a 1 br you sound lucky.

You dont live in London then. If i rented out my house i'd barely make any money after the mortgage was paid, if you then factor in things like paying for major repairs, like boiler, heating, agents charges etc

5 bedrooms

I've got to move.

£300 a month mortgage with just less than 8 years left and i own another house that was left to me which i rent out clearing just over double what mine costs in pure profit after insurance and other payments. Gives me lots of free time to garden and play videogames.

When mine is paid off i'm thinking of selling the other one and putting down 25-50% deposits on 2-4 low cost rental houses to make even more money!

HAHAHAHAHA.

im in the wirral uk near liverpool

Not here its the same really, if you rent and save, you pay for 2 houses.
If you get a mortgage, you buy 2 houses.
Unless you earn heaps of money and pay it off quick, or the property price goes up really fast and you remortgage.

all tax payers money
from the budget

Remember that ego can turn into karma really quick son, remember it, HAHAHAHAHAHA.

Most of those things are tax deductible though.
So either you don't earn much, or you are a liar.

^^^^
This.

The government is capping housing benefits because they dont want poor people in London.
Its all wrong crooked and twisted.

There was a thread about benefits cheats V tax dodgers on here the other day.

The funny thing is if they taxed the rich instead of fucking the poor all the time they would make more money.
I posted this on another thread but I cant find it now.

Example.
lets say there are 1 million people on benefits.
Not all those 1 million are cheating the system, by the governments own figures they estimate that between 1 and 2% do.

but for the sake of example lets blow that figure right out of proportion and say 10% cheat the system

Thats 100 000 out of a million people.
On average lets say they get £10000 more then they should

that means the cheats cost the government £1 billion a year

Lets look at millionaires

if you have 1 million millionaires.

ALL of them have an accountant.
!00% of them will be paying that accountant to make sure they avoid as much tax as possible.

Lets say the accountants save the millionaires £10000 a year on tax.

Thats £10 billion they have cost the government per year.

But the news papers and TV never tell you that, they harp on about benefit cheats though, because who owns the Media, Millionaires.

Phillip Green Avoided over £400 million in 1 year by registering as a non dom and shipping his money to Monaco, but then he has the phone number to the Prime Minister and can ring him up to play golf or what ever other shit it is that they do, the poor don't.

The media lead a campaign against benefits, they attack all the poor people who need them knowing they don't have a voice.
Then people who work sit there and think everyone on benefits is a cheat and they wheel out the "Why should I be worse off in work" brigade, or the "I can't afford to live in London and don't" muppets and all the sheep buy into the arguments.

Its all bullshit.
The government have robbed Peter (the poor working class etc) to pay Paul (the bankers and the rich) so that they can carry on their meetings in their country clubs mens clubs etc etc.

A decent book keeper will cost 10 grand a year anyway. Also there are not 1 million millionaires in the UK. Plus wouldn't employing another person to do their finances mean indirectly they would be paying tax on the wages they pay the person anyway.

If he lives in London he is telling the truth. London is an expensive crime ridden shithole.

If he lived up north somewhere rural he could get a house the same size for half the price with a garden the size of a few tennis courts, the issue with living up north is finding high paying stable work, all that is in London.

It was an example, just like there arent 10% benefits cheats.

They are paying 10 grand a year to save more, You wouldn't pay 10 grand to save 10 would you?
Besides, paying the person to do their taxes would be counted as an expense and tax deductable.

300K

Up north.

[link to media.rightmove.co.uk]

[link to media.rightmove.co.uk]

275K

London

[link to media.rightmove.co.uk]

LOL

Not including the parking permit, council tax, and the fucking chav cum who will key your car first chance they get

and i wish i was fucking joking.

Thank you, also Aussie taxes are different to UK taxes. I should have also added i'd have to pay tax on the rental income, yet another cost deduction form the total received, also bought a house after 97, so fucked on all fronts, not quite in negative equity but not too far from it.

You are right, if i moved up north or down southwest I could have a much bigger house and garden for less money, but tbh fuck the commute

Dont even look at houses over 500k outside of london you will cry and want to commit suicide.

500k in london might get you a pretty nice 3-4 bedroom terrace in a really nice street.

Somewhere rural up north it will probably get you a 10 bedroom barn conversion or a 5 or 6 bedroom farm.

Ive seen castles for less than a mill.

1.4 Million in Cumbria.

[link to media.rightmove.co.uk]

1.3 Million in Lanarkshire

[link to media.rightmove.co.uk]

2.0 Million in London.

[link to media.rightmove.co.uk]

No bullshit.

If work dries up in London and there is a financial collapse its going to hit hard.

I think houses might lose upto 75% of their value in some areas, maybe more.

You mean return to their real value before they were artificially pumped up by the ponzi scheme?

Message to OP: Buy a house and collect 2 times your mortgage amount.

But you will not because you would rather bitch and complain.

Losers have excuses -
Winners don't need them.

You must rent because you are not bankable for a loan, and what about taxes and insurances that the landlord must pay??

If you were creditworthy, then you too could become a responsible landlord...

ARE YOU RESPONSIBLE FOR THE MAINTENANCE OF THE PROPERTY? HOW ABOUT INSURANCE AND PROPERTY TAXES? DEPRECIATION? REPLACEMENT OF SYSTEMS WHEN THEY FAIL?

HOW BAD ARE THE SCHOOLS IN ENGLAND?

Exactly this. If you don't have the way & means to save up the down payment for a home and are able to qualify for a loan, do you really expect them to just take a gamble on whether you're good for it or not and fork over the money for a home?

In this country, back in the early 2000's this country got in a LOT of trouble (that we aren't out of yet) for basically doing exactly that.