Reply to: Renting Question

[BrilloPad]

I bought BTL in Burnley. About 20 years ago. Stated return 20%. I made 5% after repairs.

[FatLazyContractor]

I want to do my part. Probably from the comfort of a large luxury villa somewhere.

Dubai?

Hang on, they don't do refugees do they?

[DimPrawn]

I am a landlord with some properties. I have been renting out to private people. However i have heard that renting out to asylum seekers brings in more rent as the government pay for it and I wish to help out with the present humanitarian crisis.

Has anybody done this or know anything about it as i am considering renting to asylum seekers but want to know if i would actually benefit from it or not.

thanks

MF

I'm sort of wondering if there are grants (tax payer money sitting ready for my grubby hands) available to renovate old decrepit B&B's and hotels for use specifically to aid this humanitarian crisis. Get the taxpayer to pay, then get the taxpayer to pay again as you fill it with all and sundry.

Guide to housing and support services for asylum seekers and refugees | Joseph Rowntree Foundation



I wonder If I could claim travel expenses to visit the properties to check on my investments?

I want to do my part. Probably from the comfort of a large luxury villa somewhere.

[FatLazyContractor]

You're one sad twat, MF.

Ey yup lass! You alrite luv?

[DimPrawn]

You're one sad twat, MF.

Actually, by bodyweight, he's more like two sad twats.

[vetran]

He's just got a peculiar sense of humour and a lot of weight on his shoulders, moobs, hips, booty, bellybutton

FTFY

[AtW]

You're one sad twat, MF.

He's just got a peculiar sense of humour and a lot of weight on his shoulders

[MaryPoppins]

You're one sad twat, MF.

[AtW]

Also, don't forget there is an onus on you to prove that your tenants have a right to rent in this country...

MF is renting out to an offshore firm whose designated employees would be resident in the dwelling from time to time...

[RetSet]

8 to a room more than covers the cost of the repairs and the coach I've just hired to go to Calais to pick them all up. First thing on Monday down to the benefits office to help them fill in the forms.

Also, don't forget there is an onus on you to prove that your tenants have a right to rent in this country...

[Flashman]

8 to a room more than covers the cost of the repairs and the coach I've just hired to go to Calais to pick them all up. First thing on Monday down to the benefits office to help them fill in the forms.

Its a joke. Just not a funny one

[MarillionFan]

Bet the extra rent won't come anywhere near covering the repairs needed.

8 to a room more than covers the cost of the repairs and the coach I've just hired to go to Calais to pick them all up. First thing on Monday down to the benefits office to help them fill in the forms.

[northernladuk]

Bet the extra rent won't come anywhere near covering the repairs needed.

[WordIsBond]

Humanitarian crisis defined -- an opportunity to make more money at government expense while feeling noble about "helping out."

[RetSet]

I suspect that the rent available will be LHA rates.

Google 'LHA rates [location of MF's Property Empire]'

I know when I thought about it some time ago the authorities weren't interested in the property I had to offer as there was already too high a density of asylum type chappies in that area already (and this was 10+ years ago).

Don't expect the property to be treated as well as it would be in the hands of working blue collar types.

You are a member of RLA or NLA, aren't you?