Rental Crisis: Why are Landlords Selling Their Properties?

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Title	:	Rental Crisis: Why are Landlords Selling Their Properties?
Lasting	:	8.39
Date of publication	:
Views	:	200 rb

The UK housing market always has been insane
Comment from : der_ radierer

because you let this slavery down and immigrants down and migrants down and foreigners down and refugees down and your allies down too,not only that all this hard working peoples money you get that in the banks all over the world
Comment from : Divina Ratty

all in this world is belongs to Adam and Eve i give you a clue who is Adam he is Jesus Christ and who is Eve she Mary or me i'm one person too,that means no more land or houses for rich or richest or royal families or AntiChrist peoples all over the world,because Jesus and Mary and Joseph they back now to their kingdom this earth
Comment from : Divina Ratty

because that land belongs to Jesus Christ
Comment from : Divina Ratty

And the population keeps growing via open door immigration
Comment from : Steven Johnson

3:20 they are selling because they expect prices to fall and they want to get out
Comment from : Ameer Ahmed

The explanation on the “data scientists” formula is flawed as CGT is not always paid as a lot of sales just incur “higher rate on additional dwelling” which is a 3 surcharge on SDLT
Comment from : mbplove

Dont worry folks, the entire market will crash when the boomers die off
Comment from : Arterexius

They sell up because they been ripping us off for a long time ,and now this has been turned around
Comment from : Michael Deutschmann

Meanwhile airbnb lives the high life Airbnb ll were even given bailouts in the pandemic Imagine
Comment from : vic tablet

Unintended consequences: the government has crimped small time btl landlords, meaning that the ones that remain are the big scale multiple property ownwrs who do everything through a limited company, and dont pay as much tax That alrwady badly distorted the london market, and the Gov are making things even worse, especially when airbnb is totally unregulated! No wonder theres no whereto live in Cornwall
Comment from : vic tablet

So many errors in reasoning in this video:brbr1) Just because landlords are selling units, doesn't mean that those units aren't being bought by other landlords If that were the case, the sales would have no bearing on the number of units available on the rental market brbr2) Even if the unit is sold to someone who will make it their principal residence, and it ceases be a rental unit Someone who would have otherwise been a renter is no longer needing a rental unit to live in That is, the housing isn't getting demolished The total number of units, and the total number of people living in those units remains the same regardless of the number of sales Since prices are a function of supply and demand, and both supply and demand aren't affected by the home sales, prices should also not be affected
Comment from : Andrew J

Sure but people still get to live in houses they bought
Comment from : ĎuĎo Čech

The country is a business that it
Comment from : pamela mckenzie

We all that rent want affordable rents and long team home a home we can say its home not keep moving
Comment from : pamela mckenzie

The renters reform bill has practically no chance of making it onto the statute book (ie passed as law) by this autumn as you described and this was clear at the time you made this video in August Currently there is no Commons second reading date scheduled and Parliament has gone into recess Even if government had scheduled a second reading as soon as Parliament returned from summer recess the number of feasible business days before xmas to complete the minimum amount of Commons and Lords stages is extremely limited given conference recess I do not understand how you would have come to this conclusion in August
Comment from : Rodrigo Rodriguez Rodriguez

I need someone to pay my rent 😢😢
Comment from : Juicy girl💋💖

2,500,000 new arrivals in two years all need somewhere to live
Comment from : Bengun1

That's all well said, but why don't you show the other side of the coin?brWhile the rent is going up also the minimum wage is And i think no one is talking about that Just last year the minimum wage rose by 10 and it is planned to rise by another 10 this year brbrShouldn't you also add that the rent to average salary ratio is also the lowest in years?
Comment from : Mat

Good news!!
Comment from : Chain Chompsky

Everything the government does appears to be aimed at squeezing out the private landlord and encouraging corporate lets Whilst this may arguably improve standards, the result is reduced choice for the renter, and subsequent higher rents paid to corporate landlords This would be less of an issue if there was an increase in the provision of affordable social housing, however this is not the case
Comment from : Steven Williamson

Let's go Brandon
Comment from : Gary Phillips

Would be interested to know if houses previously for rent has been sold in the past years, who has bought them? mainly renters who could afford manovering to a property ownership, or big companies with access to cheaper money? It could be argue that the former do not neccessarily put pressure on rents by itself to go up as demand/offer is cancelled out Neverthelees, it makes sense to expect a rent rise in the later This translates into a tendency for accumulation of wealth for the higher classes and impoverishment of the middle and lower classes Being more than 80 of UK middle and working class how are this policies allowed?!
Comment from : Osman Yousaf

Shrinkflation is mind blowing//
Comment from : Gone GoneGone

Shows something is not right in how the economy is run Prices went up because of covid, ukraine war, global warming, higher cost of fuel, etc These are the things that have driven up prices/inflation and need to be addressed I don't see how simply raising interest rates is going to bring prices down I don't think the reason why prices went up is because of lower interest rates in the first place
Comment from : Albert

You know it’s bad when the landlords are selling… who’s buying those properties?
Comment from : Filium

Raising costs on landlord just raises costs on renters
Comment from : JoshhGod

It is the cost of fitting heat pumps to rental properties, especially if they are old predicted to be £25,000 so I think this is the main reason for landlords selling up
Comment from : Rob Havock

STill the most stupid argument ever, Its not a crisis is someone who was renting and is buying the house to live in a rental becomes available, the fewer that have to rent the better On the otherhand someone who buys that and doesn't live in it now that causes a crisis, thus the real problem are those buyers
Comment from : sshutup urface

Its a cost of greed crisis not a cost of living crisis
Comment from : Abstrkt-P

Cry me a river you greedy bastards
Comment from : C T

Who ever said you people understand economics, they really are clowns, interest rates have been raised repeatedly to bring inflation down, did anyone think to speak and take advice from a 7 year old child in school, there is very little that can be said for the absolute morons within government that think raising interests rates, tax on top of more tax will improve UK's finance is a joke and needs to be locked up, one has to balance both sides, the economy is based on people working and having money to spend, not understanding that basic example only pushes the people further into debt and financial hardship while stagnating UK, surely the clowns within government should have understood this fact many years ago not keep Britons in poverish and financial debt while pushing UK further in debt
Comment from : Steven Tomozi

Greedy buggers
Comment from : ?

"So landlords have options" you say Well there you are wrong I have enjoyed most of this video but unfortunately there are some facts you have left out A major one is the vast difference when renting to benefit tenants and renting to working tenants If you are fortunate to have a property in an area where there is a lot of well paid employment there is a good chance you will rent to workers and can raise your rent accordingly However if your property is in a more depressed area it is more likely you will be renting to people on benefits and will therefore have your rents governed by something known as the LRR or Local Reference Rent In the areas I have my properties the LRR has not increased for well over 15 years! My problem is irrelevant to the cost of living crisis as it precedes it by years meanwhile we are lumped together with prosperous ruthless landlords from down south which I find clearly unfairbrAnother area not addressed is how benefit landlords have to pay higher insurance premiums because we have benefit tenantsbrLastly in this video there was no mention to the growing legislation from the green and health and safety lobby which is also crippling for landlordsbrI am also trying to sell up as it is nothing more than a mugs game I hate it
Comment from : AirBnB2Video

BLACK BOULDER 😖
Comment from : Chris Kleinbach

Liberal politicians are unwilling to prosecute squatters and freeloaders becausemarginalized communitieswoke idealsrich people are eviletc, etc, etc Blah, blah, blah
Comment from : andyiswonderful

As someone who reviews rental accounts, I often wonder why many landlords bother
Comment from : Tranxhead

One of my landlords had 47 homes in Reading 9 people paying £600/month in mine Never fixed anything Agency was criminally useless
Comment from : dfgdfg

Another more obvious reason is simply that, with higher inflation, landlords earn more by simply liquidating their properties and banking the wealth , earning interest without hassle Until housing prices fall and they are able to exploit lower house prices for larger potential , when the housing markets are settled ? Thus the rich become richer
Comment from : Paul Gee

Well, it kinda was their fault to begin with so
Comment from : Duck Hunt Dynasty

Take any house that isnt their main living space off them, give it to the homeless or asylum seekers and anyone that needs a house brDone
Comment from : AMG November

Somehow, good news for renters is bad news for renters because it is bad news for ownersbrWell, the video knows how: it is because there are fewer places available to rentbrbrBut it is these kind of weird statements that make me lift my eyebrows in doubt whenever someone makes claims about the economy
Comment from : Niels Korpel

I m a landlord my buy to let mortgage is £500 , service charge is £240 monthly + 20 income tax, I m charging £990 a month, I haven't even add any plumbing , electrician, damaged good costs etc, it's getting ridiculous
Comment from : Mediterraneou

Stop commoditizing homesbrOne home per personbrIf you own multiple properties, they will be released to market once u die or decide to pass on 1 property per childbrNo property speculationbrNo capital gains on propertiesbrbrProtect homes from the stupidity of Capitalism
Comment from : RBE

You charge capital gains tax on privately owned property in the UK?! And not on Ltds?! 😮
Comment from : Marc

Good luck UK with the feudal leasehold and planning rules from the stone age
Comment from : Kenan1981

Rapist police Pedofilic culture cose in arabia that is punished severely Only the west rapes children In effect uk foulbrbrLook at soho prostitution same houses every year Same place Yet although ilegal never disturbed brbrBoycott shady england or b part n parcel to this disasterous situationbrbrBoycott uk now
Comment from : naughty kid

I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2024 As a backup plan, I've been thinking about purchasing stocks What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce Why does this happen?
Comment from : nicolas benson

IF there wasn't such a thing called real estate investment, most properties would be about 20 cheaper
Comment from : Buttwiser

If landlords are able to sell there must be another landlord buying So the title here could also have been 'Why are Landlords Buying Properties'
Comment from : Contra Mundum

Mortgage teaser rates expire in volume 2nd q 2024 This isn't investment advice ( this might be investment advice)
Comment from : SY BENTLEY

I left the UK over 40 years ago, and headed down under I can't understand why there is anyone still living in the UK Here in Western Australia there are jobs, sunshine, surf and good looking sheilas, plus beer is only $15 a pint
Comment from : sandponics

I don’t get the comment section, what’s the problem with being a landlord? I wish I was one
Comment from : Lara Veinberg

Won’t someone think of the poor landlords
Comment from : Jason Scherer

Section 21 also means free rent for shithead tenants who know how to play the game
Comment from : steve taffy

The real questionwho's buying up these houses!!
Comment from : steve taffy

This video is deceptive Landlords are a leach on society
Comment from : SworDaddy

They aren't If they were we could afford to buy a house, because buying is cheaper than renting
Comment from : Morgan Oox

Rapist police Pedofilic culture cose in arabia that is punished severely Only the west rapes children In effect uk foulbrbrLook at soho prostitution same houses every year Same place Yet although ilegal never disturbed brbrBoycott shady england or b part n parcel to this disasterous situationbrbrBoycott uk now
Comment from : naughty kid

For every quitting landlord, there's a starting landlord Just so you know
Comment from : Tom Rauhe

Corporations are acquiring the sold property and driving up rent costs
Comment from : Evonne L

People haven’t realised the gravity of the situation brBritain made transition from a super power to an ordinary power still a advanced economy post ww2brThis is a rapid transition from developed country to poor country, skipping several stages in between brIf I were a British, I would immediately start looking at options for fleeing
Comment from : Captain Blackadder

5:36 How is it necessarily the case that landlords leaving and selling up is necessarily bad for renters?brbrLandlords sell to individuals intending to live in the property (who are either former tenants themselves, or they have sold their prior property to a former tenant, or the people that bought that sold to a former tenant, etc,, etc), or they sell to another landlord
Comment from : Alan Duval

MUCH INFORMATION THANK YOU TLDR
Comment from : IUCAB UNIVERSITY

At 4:45 where it explains how much mortgage interest can be paid brbrNormal is 100 20 or 40 is basically telling landlords to get punished if they have a mortgage and it doesnt affect cash landlords brbrThe people who makes these rules are mental midgets
Comment from : rustyscrapper

All is true , but this is a transitional stage , when all landlords sell up , and more and more stock ends up on the market , than the actual prices of houses will go down will take a while but if the trend continues this will be the outcome Renters just need to survive this transitional period cause once it's past , what we really want will eventuate house prices become lower , cause at the end of the day , isn't that what we all want 😊
Comment from : Si AB

U guys make really good content
Comment from : Lithuanian Gemstones 💎

I don't think I will pay much attention to this video After all if they don't know there is No CGT payable on primary residences in UK they haven't research very well have they !!!!
Comment from : Bill Turner

You don’t pay CGT on your primary residence
Comment from : Harry Clark

Sounds like we need to start implementing some of these practices in the US eh?
Comment from : Joe Schmoe

I would not let out properties simply because of people (carelessness), management companies, government (taxman), banks(hight interest rates), tradesman's cost for maintenance, stagnant house prices and many more
Comment from : AntonyoKnight

I think we have to remember landlords are not the council their private businesses they're not there to house you at low rent they're there to make a profit I'm not landlord I'm looking to rent myself but the thing is we've got to look at it through clear eyes Is the government's job to build houses they are not doing it at all
Comment from : Mr lover

As a recently landlord of 2 properties for past 3 years my profit margins are crap but I'm not in a position where im losing money brbrI think experienced landlords are selling for a few reasons and none are because they need tobr1 Older landlords don't want the stressbr2 Release money to cover other properties expenses br3 To cover life expenses in this recession
Comment from : kh 88

Fact check: No one pays cgt on main residence in UK You are confusing with US law
Comment from : Jake Welford

Funny half these comments talking about landlords like they're the rich!brbrI've got 2 rentals which i made possible through sacrifice We could have sold the wife's flat and upscaled but instead we held into it and got a mortgage on a basic new build Few years later we released equity to pay for our new home and rented out the new build brbrWe did it on frugal living, on less than 50k per annum between us salary, doing own decorating work after working 45 hour full time job brbrYeah I've got a graduate level job so wages are going up but had to get a loan for that! brbrA lot of small time landlords are just regular working class people who want better for their family and are willing to putvin work to understand the ways to get there brbrThe tenants who we rent out to now earn more than me and my wife and you're wondering why we're putting rent up If you had a mortgage you bet your arse it'd be going up!
Comment from : kh 88

I suspect that corperations with dubious government connections and contracts will be buying these properties which the landlords cannot afford anymore, to provide housing for immigrants all paid for by UK taxpayers Its a property grab and profiteering from the migrant crisis I hope my theory is wrong but I doubt it
Comment from : Kenneth S

You should have taken a minute to talk about who will benefit from this: big companies with hundreds of properties who will scoop up all the new rentals going onto the market as small investors sell upbrbrIt seems no one notices that the effect of more regulation is to funnel business towards big companies as small players drop out because they can’t afford the higher costsbrbrIn a couple years we will see videos about Evil Housing Company and its death grip on the rental market, but none of these journalists will bother to work out how it became so dominant in the first place
Comment from : James Scott

Nothing seems to work in the UK 🇬🇧
Comment from : k odu

If you buy a home and dont pay the mortgage you get evicted Why should it be different for tenants ? Why should banks be allowed to evict, but not landlords ?
Comment from : Michele Diblasi

All I can say is if you spent money you never had you are in a world of trouble
Comment from : Walkitlikeitalkit

This is what happens when the west takes on a major energy supplier russia cost of everything goes up and bank puts interests up thus effecting mortages and rents Everything is based on energy prices, banksters and foreign policy of the government
Comment from : playlist overlord

Rogue Landlord’s watch out, Renters are sick to death of your illegal actions passing them off as legitimate aims, many examples, and the landlord MP,s jail them too for conflict of interests
Comment from : Billy Gnasher