Ah, one of the funts, I see. Or, at least it rhymes with funt.
beachtopeak on
“James says he has already stopped looking at buying additional properties ”
Excellent
skywalkers_glove on
And I hope your Tennant’s all tell you to do one and rent property from someone less prone to money grabbing
YOU_CANT_GILD_ME on
I honestly have no idea how someone can be so self-deluded that they would go to the national news and declare themselves to be scum and think people would like them for it.
FlaviousTiberius on
Can’t imagine proudly putting my name against an article like this honestly and somehow not thinking you sound like a bit of a nob.
Jaded_Strain_3753 on
I’m very surprised he’s put his name to this but it’s not a secret that most landlords are looking to profit maximise. That is why legislation needs to be very carefully designed.
psioniclizard on
Funny how every landlord says they have frozen rent prices for 5 years. I am willing to bet they got the tenant to sign a 5 year contract at around or above market rate with break clause after one year so he got a cheaper insurance premium.
I don’t even particularly hate landlords and have alway got on with mind and tried to be good tenant. But even the best ones are not reallt doing you a favour.
I also dont get how people can’t see how they come across honestly. Are you so unself aware you don’t see how this makes it look like you are just looking for justification.
Different_Bridge_983 on
Unless he thinks he’s been renting these places at 30% below market rate, how does he expect to fill them?
Abject-Leadership248 on
Oh look he had to turn his comments on insta off poor baby
InevitablyCyclic on
So he used to list the price low and then try to create a bidding war between applicants to drive the price up. He’s complaining that he now has to list it with the higher rent to start with if he wants to make as much money.
Oh what a hard life he must have.
coffeewalnut08 on
Landlords shouldn’t be running homes for profit anyway. The profits should be a bonus, not the central attraction.
Housing shouldn’t be treated at an investment asset at all…. That mentality is what got the UK into this mess.
There is nothing wrong with the new renters’ rights. We just also need a general rethink of how we treat housing, alongside those rights reforms.
GhostRiders on
Him hiking his rental prices by 30% has nothing to do with the new renters right and 100% to him being a greedy cunt.
My Landlord has put the rent once in the past 9 years and I’ve never had an issue.
The rent he is charging me is significantly lower then the same properties in the area, he always gets things fixed when needed without any issues.
There are many good decent landlords unfortunately because of a small amount of greedy twats people see them as parasites.
NoTitleChamp on
I have zero financial sympathy for someone who could afford six homes.
nomorecrazystuff on
Interesting how everyone in this thread just sees this as a reason to attack the LL. Understandable emotive response, but fails to see the bigger picture here.
I mean the facts on the ground are that small-time LL’s are being replaced by large property managers, who are more likely to extract every penny that the market can handle.
Thanks to Thatcher we’ve sold off a lot of public-owned housing stock, with the result being that the vast majority of rented property is now owned by the private sector and rental prices are left to raw market forces. The RRA will only make this worse in the absence of state provision of affordable council properties.
Sir-Craven on
How does Mr Buckley-Thorp own 6 properties at 37?
Any guesses?
xwell320 on
Really pulled himself up by his bootstraps and a couple of million of his parent’s money, what an inspiration..
WeakSnow9457 on
Reminds me of brexit. People who wanted to leave didn’t want the boriswave.
Same as the people who wanted extra renters rights didn’t want reduced stock, inability to outbid others and higher rents
Final-Implement-1936 on
If you asked AI to generate an image of someone privileged who think’s they earned their trust fund / inheritance – that’s the exact image it would create.
AuramiteEX on
Can’t blame him. There are a lot of extra costs with the new tenancy laws and no guarantee of long term tenancies so properties might be empty a lot more.
IcyRecommendation197 on
The rights would have a cost attached to it . Who would have thought,
Vivid--Syrup on
Stuff like this is exactly why all that “oh no the greens are going to ban landlords!!!?!?!” Stuff the right wing was throwing about like some kind of bad thing for a while is nothing but promotion for them
These rich landlords are just parasites and in an ideal world we wouldn’t just ban them we would jail them and confiscate their homes for council housing
Give the people who have a single second home they rent out a chance to sell if they kept that second home in decent condition for their tenants instead of confiscation and jail
kirkyking on
> James says he has already stopped looking at buying additional properties
Working as intended. Every other investment carries risk, yet landlords seem to be entitled to guaranteed passive earnings at the expense of the people living there who are also paying off your mortgage.
Odd-Currency5195 on
Channelling the spirit of Rachman and Hoogstraten* there. Not a good look.
*Just checked and not dead apparently. 81.
ACompletelyLostCause on
Humm, I’m a wealthy landlord with 6 properties – like any normal person. My tennets might gain some legal rights in limited circumstances.
Obviously I have to immediately raise everyone rent 30%, to compensate me for the terrible hardship I’m suffering – I’m the real victim here.
I’d better go on reddit so everyone knows I’m a victim. I’m being robbed and oppressed by my tennets. Why does the government hate normal people like me.
You are a professional landlord. Complying with the law is the cost of doing business. Most European country have far more onerous regulations.
sweetlevels on
Hes bold for this articl. Gotta be fake. But i know tis not. Wtaf.
Lucky_Vermicelli_509 on
Money does that to you. You operate on a plane which is detatcted from reality. He should be looking at leaving the country next.
fergie on
“James says he has already stopped looking at buying additional properties and is now waiting to see how the market responds once the reforms have been fully implemented for a period of time.”
Good. Seems like the system is working as intended.
darkmatters2501 on
There is nothing in the renters rights act for landlords to panic about. Its all a knee jerk reaction.
Glittering_Win_5085 on
A fantastic argument for increased tax on the rich.
dewittless on
Hopefully he prices himself out the market, is forced to sell and the bill does exactly what it should do: cut out bastard landlords.
Acrobatic-Watch-8037 on
“I’m an entitled cunt and I feel the need to tell the world of this fact.”
natalo77 on
> Speaking to The i Paper, he said: “I held my rents flat since Covid. These are people’s homes, and stability matters more than squeezing an extra few pounds out each month.”
> “For one property where the tenant moved on, the new listing went out at 31.8 per cent above the previous rent. That figure isn’t greed, it’s mathematics,” he says.
> “That’s the only way to discover market price under the new rules,” he says.
Lmao
kudosBruh on
“I’m a parasite clinging to six hosts. I’m draining 30% more blood because the ecosystem is shifting in the hosts’ favour, making it harder for me to feed.”
Spectacular-Monobrow on
As usual no-one has read the article and the title is completely misleading. He raised rents by 5% for existing tenants, and **advertised** rents by 30% because you’re no longer allowed to accept a higher rent than you’ve advertised (i.e. if you get tenants bidding).
Qcumber69 on
No surprise there . Labours new tax just pushes the expense on
Direct-Key-8859 on
Everyone is attacking this landlord when he is just defending his assets.
The real problem is the lack of housing which is caused by the last and this goverment.
Build millions more properties than you dont have to worry about landlords hiking up rents because if tennant rights.
It supply and demand. Nothing more. Look at Scotland as how rent controls have failed.
The only solution to fix the housing shortage crisis is to build more houses
Solid_Bee666 on
Question for all the commenters referring to private landlords as ‘parasites’ or ‘cunts’ – what’s your alternative idea for meeting the country’s housing needs and how should it be paid for?
Holiday-Raspberry-26 on
Many people here are not realising what is now actually happening. A few big banks now are buying up properties from landlords, as they are the ones with the capital and teams of people who can manage a lot of properties at a much lower cost. They also have the legal teams to work around the new renters rights.
Moving forward it’s just going to be just big corporate landlords holding much of the stock available for rent, and probably do very little to increase supply of any rental properties.
It’s a tragic situation and a shame articles like this don’t focus on the real problem. I’m aware I’ll probably get downvoted suggesting this but look up groups like Lloyd’s Banking Group and larger private firms like Grainger.
Whilst some of the aims of the renters act have been very positive and great for renters, people are not seeing the bigger picture about who now is able to make money out of the market.
Own-Bullfrog-577 on
Lots of sour grapes and jealousy in this conversation. People will always need rental properties, not everyone can buy. What’s the problem with investing in that market if you have the money? I’m not against laws to make the market fairer but you can’t blame people for investing in a market that makes a good return.
downbarton on
Hope it works
Government makes landlords life’s harder, landlords make tenants life’s harder
Land_free9809 on
Labour regulations always hit the poorest the hardest. Who do you think pays for these taxes and regulations ?!
the_sherwood_ on
The economic illiteracy on display in the comments is truly breathtaking. It was entirely predictable that the RRA was going to result in stuff like this and a general increase in rates. If you force landlords to carry more risk they will adopt new strategies and/or rates to ensure that they are compensated for those risks.
Any_Association405 on
Sounds like the very reason there’s a housing crisis in the first place, greedy shit
44 commenti
“Views himself as a custodian…not an extractor”
You’re a parasite mate nothing more nothing less
Ah, one of the funts, I see. Or, at least it rhymes with funt.
“James says he has already stopped looking at buying additional properties ”
Excellent
And I hope your Tennant’s all tell you to do one and rent property from someone less prone to money grabbing
I honestly have no idea how someone can be so self-deluded that they would go to the national news and declare themselves to be scum and think people would like them for it.
Can’t imagine proudly putting my name against an article like this honestly and somehow not thinking you sound like a bit of a nob.
I’m very surprised he’s put his name to this but it’s not a secret that most landlords are looking to profit maximise. That is why legislation needs to be very carefully designed.
Funny how every landlord says they have frozen rent prices for 5 years. I am willing to bet they got the tenant to sign a 5 year contract at around or above market rate with break clause after one year so he got a cheaper insurance premium.
I don’t even particularly hate landlords and have alway got on with mind and tried to be good tenant. But even the best ones are not reallt doing you a favour.
I also dont get how people can’t see how they come across honestly. Are you so unself aware you don’t see how this makes it look like you are just looking for justification.
Unless he thinks he’s been renting these places at 30% below market rate, how does he expect to fill them?
Oh look he had to turn his comments on insta off poor baby
So he used to list the price low and then try to create a bidding war between applicants to drive the price up. He’s complaining that he now has to list it with the higher rent to start with if he wants to make as much money.
Oh what a hard life he must have.
Landlords shouldn’t be running homes for profit anyway. The profits should be a bonus, not the central attraction.
Housing shouldn’t be treated at an investment asset at all…. That mentality is what got the UK into this mess.
There is nothing wrong with the new renters’ rights. We just also need a general rethink of how we treat housing, alongside those rights reforms.
Him hiking his rental prices by 30% has nothing to do with the new renters right and 100% to him being a greedy cunt.
My Landlord has put the rent once in the past 9 years and I’ve never had an issue.
The rent he is charging me is significantly lower then the same properties in the area, he always gets things fixed when needed without any issues.
There are many good decent landlords unfortunately because of a small amount of greedy twats people see them as parasites.
I have zero financial sympathy for someone who could afford six homes.
Interesting how everyone in this thread just sees this as a reason to attack the LL. Understandable emotive response, but fails to see the bigger picture here.
I mean the facts on the ground are that small-time LL’s are being replaced by large property managers, who are more likely to extract every penny that the market can handle.
Thanks to Thatcher we’ve sold off a lot of public-owned housing stock, with the result being that the vast majority of rented property is now owned by the private sector and rental prices are left to raw market forces. The RRA will only make this worse in the absence of state provision of affordable council properties.
How does Mr Buckley-Thorp own 6 properties at 37?
Any guesses?
Really pulled himself up by his bootstraps and a couple of million of his parent’s money, what an inspiration..
Reminds me of brexit. People who wanted to leave didn’t want the boriswave.
Same as the people who wanted extra renters rights didn’t want reduced stock, inability to outbid others and higher rents
If you asked AI to generate an image of someone privileged who think’s they earned their trust fund / inheritance – that’s the exact image it would create.
Can’t blame him. There are a lot of extra costs with the new tenancy laws and no guarantee of long term tenancies so properties might be empty a lot more.
The rights would have a cost attached to it . Who would have thought,
Stuff like this is exactly why all that “oh no the greens are going to ban landlords!!!?!?!” Stuff the right wing was throwing about like some kind of bad thing for a while is nothing but promotion for them
These rich landlords are just parasites and in an ideal world we wouldn’t just ban them we would jail them and confiscate their homes for council housing
Give the people who have a single second home they rent out a chance to sell if they kept that second home in decent condition for their tenants instead of confiscation and jail
> James says he has already stopped looking at buying additional properties
Working as intended. Every other investment carries risk, yet landlords seem to be entitled to guaranteed passive earnings at the expense of the people living there who are also paying off your mortgage.
Channelling the spirit of Rachman and Hoogstraten* there. Not a good look.
*Just checked and not dead apparently. 81.
Humm, I’m a wealthy landlord with 6 properties – like any normal person. My tennets might gain some legal rights in limited circumstances.
Obviously I have to immediately raise everyone rent 30%, to compensate me for the terrible hardship I’m suffering – I’m the real victim here.
I’d better go on reddit so everyone knows I’m a victim. I’m being robbed and oppressed by my tennets. Why does the government hate normal people like me.
You are a professional landlord. Complying with the law is the cost of doing business. Most European country have far more onerous regulations.
Hes bold for this articl. Gotta be fake. But i know tis not. Wtaf.
Money does that to you. You operate on a plane which is detatcted from reality. He should be looking at leaving the country next.
“James says he has already stopped looking at buying additional properties and is now waiting to see how the market responds once the reforms have been fully implemented for a period of time.”
Good. Seems like the system is working as intended.
There is nothing in the renters rights act for landlords to panic about. Its all a knee jerk reaction.
A fantastic argument for increased tax on the rich.
Hopefully he prices himself out the market, is forced to sell and the bill does exactly what it should do: cut out bastard landlords.
“I’m an entitled cunt and I feel the need to tell the world of this fact.”
> Speaking to The i Paper, he said: “I held my rents flat since Covid. These are people’s homes, and stability matters more than squeezing an extra few pounds out each month.”
> “For one property where the tenant moved on, the new listing went out at 31.8 per cent above the previous rent. That figure isn’t greed, it’s mathematics,” he says.
> “That’s the only way to discover market price under the new rules,” he says.
Lmao
“I’m a parasite clinging to six hosts. I’m draining 30% more blood because the ecosystem is shifting in the hosts’ favour, making it harder for me to feed.”
As usual no-one has read the article and the title is completely misleading. He raised rents by 5% for existing tenants, and **advertised** rents by 30% because you’re no longer allowed to accept a higher rent than you’ve advertised (i.e. if you get tenants bidding).
No surprise there . Labours new tax just pushes the expense on
Everyone is attacking this landlord when he is just defending his assets.
The real problem is the lack of housing which is caused by the last and this goverment.
Build millions more properties than you dont have to worry about landlords hiking up rents because if tennant rights.
It supply and demand. Nothing more. Look at Scotland as how rent controls have failed.
The only solution to fix the housing shortage crisis is to build more houses
Question for all the commenters referring to private landlords as ‘parasites’ or ‘cunts’ – what’s your alternative idea for meeting the country’s housing needs and how should it be paid for?
Many people here are not realising what is now actually happening. A few big banks now are buying up properties from landlords, as they are the ones with the capital and teams of people who can manage a lot of properties at a much lower cost. They also have the legal teams to work around the new renters rights.
Moving forward it’s just going to be just big corporate landlords holding much of the stock available for rent, and probably do very little to increase supply of any rental properties.
It’s a tragic situation and a shame articles like this don’t focus on the real problem. I’m aware I’ll probably get downvoted suggesting this but look up groups like Lloyd’s Banking Group and larger private firms like Grainger.
Whilst some of the aims of the renters act have been very positive and great for renters, people are not seeing the bigger picture about who now is able to make money out of the market.
Lots of sour grapes and jealousy in this conversation. People will always need rental properties, not everyone can buy. What’s the problem with investing in that market if you have the money? I’m not against laws to make the market fairer but you can’t blame people for investing in a market that makes a good return.
Hope it works
Government makes landlords life’s harder, landlords make tenants life’s harder
Labour regulations always hit the poorest the hardest. Who do you think pays for these taxes and regulations ?!
The economic illiteracy on display in the comments is truly breathtaking. It was entirely predictable that the RRA was going to result in stuff like this and a general increase in rates. If you force landlords to carry more risk they will adopt new strategies and/or rates to ensure that they are compensated for those risks.
Sounds like the very reason there’s a housing crisis in the first place, greedy shit