Rental nightmare in coastal Cornwall (and coastal Devon, IoW)

[Frank Hovis]

10 hours ago, Frank Hovis said:

Headline story is the forced eviction of a single father in Penryn so the moratorium on evictions has ended.

The landlord, inevitably, is selling.

It's noted that he hasn't been able to find anywhere else local, unsurprisingly given the low number of available rentals within all of Cornwall let alone Penryn, and missed out on one property as one renter offered £18k / 12 months rent in advance.

That's also a huge rent at £1,500 a month so I'm surprised that he was going for it.

https://www.cornwalllive.com/news/cornwall-news/penryn-dad-faces-homelessness-after-5928264

 

 

Impressive response to this: protestors scuffling with bailiffs, police involved.

Not going quietly.

I wasn't expecting that and good on 'em.

https://www.cornwalllive.com/news/cornwall-news/protesters-bailiffs-clash-front-police-5934212

 

[Phil]

4 hours ago, Frank Hovis said:

 

Impressive response to this: protestors scuffling with bailiffs, police involved.

Not going quietly.

I wasn't expecting that and good on 'em.

https://www.cornwalllive.com/news/cornwall-news/protesters-bailiffs-clash-front-police-5934212

 

I get the LL selling to cash in at such inflated to pop level prices. Hope he’s happy if he sells and pays off the non paid rent to his masters at the mortgage co, leaving him with fuck alI and still mentally scared and blacklisted. I Just wonder if this shit show will ever blow up. Is it when the buyers stop buying cos they are unable to finance or die. COVID didn’t cut it for this guy being turfed out. 

[Frank Hovis]

8 hours ago, Phil said:

I get the LL selling to cash in at such inflated to pop level prices. Hope he’s happy if he sells and pays off the non paid rent to his masters at the mortgage co, leaving him with fuck alI and still mentally scared and blacklisted. I Just wonder if this shit show will ever blow up. Is it when the buyers stop buying cos they are unable to finance or die. COVID didn’t cut it for this guy being turfed out. 

 

That protestors turned out to oppose this eviction and it became physical is a massive new line crossed.

The individual voices of anger and dissent now have a unified movement and this will now keep happening.

I'm surprised that is has happened so quickly but it now exists.

Which is nice.

[sleepwello'nights]

58 minutes ago, Frank Hovis said:

 

That protestors turned out to oppose this eviction and it became physical is a massive new line crossed.

The individual voices of anger and dissent now have a unified movement and this will now keep happening.

I'm surprised that is has happened so quickly but it now exists.

Which is nice.

What is the answer?

Rent controls, government owned housing, stricter laws on ending tenancies.

A fall in house prices might work but anything else just results in compulsion and force. Are you advocating socialism or its conterpart fascism?

 

[Frank Hovis]

1 minute ago, sleepwello'nights said:

What is the answer?

Rent controls, government owned housing, stricter laws on ending tenancies.

A fall in house prices might work but anything else just results in compulsion and force. Are you advocating socialism or its conterpart fascism?

 

 

You are focusing upon the eviction but the eviction is merely the symptom of local housing being purchased as second homes or holiday lets so reducing the amount available to locals to buy or rent.

The solution is to first stop any more homes going that way by requiring planning permission before a residential home is turned into a second home or holiday let; with the implication that that will be rejected.

The second is to start to crank up the taxation of second homes and holiday lets to start pushing some back into the local residential market.

These are both stated aims of the new Cornwall Council governing party; with a request to be able to charge 150% council tax on second homes, as is already the case in Wales, put to Westminster early this year and turned down at that point.

The new Council has already said that you cannot simply build your way out of the problem.

It's a refreshingly intelligent approach that seeks to remove the underlying causes rather than simply treating the symptoms of eviction and homelessness; though these also need to be covered.

[reformed nice guy]

A solution would be stopping immigration.

The UK population went below replacement rate in 1973. All population growth since then has been from imports.

Stop mass immigration and in time there will be less demand for houses.

 

Another problem is the funny money. With money printing (aka QE) it has driven asset price inflation by driving down interest rates. If interests were normal again, say between 5 to 6%, then more people would choose to save their cash rather than buy property.

 

A lot of the QE is to support borrowing to pay for either crap we dont need or the infrastructure for the 14m+ non native born.

 

In the end, if you have open borders and runaway population growth then you HAVE to have runaway currency destruction and a debt fueled bonanza just to try to stay afloat.

 

Low/no migration, sensible borrowing for infrastructure only (not benefits) and relatively low, stable inflation.

[Wight Flight]

11 hours ago, sleepwello'nights said:

What is the answer?

Rent controls, government owned housing, stricter laws on ending tenancies.

A fall in house prices might work but anything else just results in compulsion and force. Are you advocating socialism or its conterpart fascism?

 

If you believe in the free market you let it continue on the current trajectory.

Sadly you will end up with a hollowed out area that no one wants to visit as there are no services whatsoever.

I am not a fan of using tax to control behaviour, but there is clearly an issue to address.

Holiday lets are the problem. We have thousands of them whilst our hotels are bankrupt and becoming derelict.

So it has to come down to licensing. It needs to become virtually impossible to change a residential property in to a business. By all means build new 'holiday villages' but don't lose any more homes.

 

 

[sleepwello'nights]

39 minutes ago, Wight Flight said:

If you believe in the free market you let it continue on the current trajectory.

Holiday lets are the problem. We have thousands of them whilst our hotels are bankrupt and becoming derelict.

So it has to come down to licensing. It needs to become virtually impossible to change a residential property in to a business. By all means build new 'holiday villages' but don't lose any more homes.

 

 

Letting it continue on the current trajectory will, as you say, eventually solve the problem. The areas will become unattractive to holiday makers because of the lack of service. 

I agree that holiday lets and air bnb should to be subjected to a similar licensing regime to hotels.  Regular health and safety checks might be enough harassment for owners. 

How do you square the issue with the closing down of pubs? They become unprofitable and no one wants to continue to operate them, yet the planning departments make it very difficult to change the use.

[Wight Flight]

3 minutes ago, sleepwello'nights said:

How do you square the issue with the closing down of pubs? They become unprofitable and no one wants to continue to operate them, yet the planning departments make it very difficult to change the use.

You have to ask yourself why the pub has become unprofitable.

[One percent]

Just thinking about this and for places where there is a chance of holiday lets, it’s the tax changes as much as anything that have contributed to this. A few people i know were renting out on the rental market and the changes meant that they jumped into holiday lets. 

[Wight Flight]

5 minutes ago, sleepwello'nights said:

I agree that holiday lets and air bnb should to be subjected to a similar licensing regime to hotels

I didn't actually say that. But yes, they should.

But they should also need change of planning consent from residential to business which shouldn't be given except in very extraordinary circumstances.

[sleepwello'nights]

Just now, Wight Flight said:

You have to ask yourself why the pub has become unprofitable.

I know why many become unprofitable.

In tandem it also relates to a change in the way we live. When I was a child my father would come home from work have his tea and then go to the pub. Just like most working men did. 

These days most don't. 

For similar reasons there are far fewer cinemas now. I have been told there used to be vaudeville theatres in every town.

 

[King Penda]

On 17/09/2021 at 19:09, Frank Hovis said:

 

Impressive response to this: protestors scuffling with bailiffs, police involved.

Not going quietly.

I wasn't expecting that and good on 'em.

https://www.cornwalllive.com/news/cornwall-news/protesters-bailiffs-clash-front-police-5934212

 

No

meantion Of what dad does for a liveing and he shares custody my guess is mum gets the benifits for him you cannot share them .plenty of information about dads happy tablets mind you 

[King Penda]

2 minutes ago, sleepwello'nights said:

I know why many become unprofitable.

In tandem it also relates to a change in the way we live. When I was a child my father would come home from work have his tea and then go to the pub. Just like most working men did. 

These days most don't. 

For similar reasons there are far fewer cinemas now. I have been told there used to be vaudeville theatres in every town.

 

My grandad used to give my nan

about 25% of his wages the rest went in the pub he was even hit and run and killed about 1972 returning from the pub 

Edited September 18, 2021 by King Penda

[sleepwello'nights]

6 minutes ago, One percent said:

Just thinking about this and for places where there is a chance of holiday lets, it’s the tax changes as much as anything that have contributed to this. A few people i know were renting out on the rental market and the changes meant that they jumped into holiday lets. 

Also the weekly rent for a holiday let will be far higher than the monthly rent for a residential let. A years rent in four months without the potential hassle of a year long tenancy. 

[Wight Flight]

7 minutes ago, sleepwello'nights said:

Also the weekly rent for a holiday let will be far higher than the monthly rent for a residential let. A years rent in four months without the potential hassle of a year long tenancy. 

Not quite.

Mine would have made more in 6 weeks this year than I am paying for 12 months.

[King Penda]

12 hours ago, Frank Hovis said:

 

You are focusing upon the eviction but the eviction is merely the symptom of local housing being purchased as second homes or holiday lets so reducing the amount available to locals to buy or rent.

The solution is to first stop any more homes going that way by requiring planning permission before a residential home is turned into a second home or holiday let; with the implication that that will be rejected.

The second is to start to crank up the taxation of second homes and holiday lets to start pushing some back into the local residential market.

These are both stated aims of the new Cornwall Council governing party; with a request to be able to charge 150% council tax on second homes, as is already the case in Wales, put to Westminster early this year and turned down at that point.

The new Council has already said that you cannot simply build your way out of the problem.

It's a refreshingly intelligent approach that seeks to remove the underlying causes rather than simply treating the symptoms of eviction and homelessness; though these also need to be covered.

No it’s not intelligent it’s fucking daft I bought my dump for about 49k less than

9 years ago it’s worth about 70k so that’s 108 months ago divide 21000 by 108 and my house has gone up in value by over 194 a month .ok Cornwall council tax is higher than stoke but the gains in house prices will dwarf stokes to

make an impact you need to raise council tax by 300% plus 

[sleepwello'nights]

3 minutes ago, Wight Flight said:

Not quite.

Mine would have made more in 6 weeks this year than I am paying for 12 months.

Nuts innit. It would be cheaper to stay in a hotel. 

[Wight Flight]

Just now, sleepwello'nights said:

Nuts innit. It would be cheaper to stay in a hotel. 

Don't joke. I am looking at that as an option when we have to leave next year.

(And it's 'an hotel')

[King Penda]

13 hours ago, sleepwello'nights said:

What is the answer?

Rent controls, government owned housing, stricter laws on ending tenancies.

A fall in house prices might work but anything else just results in compulsion and force. Are you advocating socialism or its conterpart fascism?

 

Why we are letting any fucker in it’s just going to get worse it’s common

sense 

[spygirl]

10 hours ago, Wight Flight said:

If you believe in the free market you let it continue on the current trajectory.

Sadly you will end up with a hollowed out area that no one wants to visit as there are no services whatsoever.

I am not a fan of using tax to control behaviour, but there is clearly an issue to address.

Holiday lets are the problem. We have thousands of them whilst our hotels are bankrupt and becoming derelict.

So it has to come down to licensing. It needs to become virtually impossible to change a residential property in to a business. By all means build new 'holiday villages' but don't lose any more homes.

 

 

Yep.

Something I repeat constantly on the local FB pages.

Few  things will finish FHL - applying full rates, removing the tax advantages, and last but not least - planning perm required.

I believe most of this was due to come in before covid put it back o nthe burner.

This is the single thing that turbocharged  all the problem -

https://www.moneymarketing.co.uk/news-analysis/budget-small-businesses-rate-relief-more-than-doubling-in-2017/

“Businesses with a property with a rateable value of £12,000 and below will receive 100 per cent relief. Businesses with a property with a rateable value between £12,000 and £15,000 will receive tapered relief,” the Budget statement says.

All he BTL cretins plus some piled into FHL.

FHL should have been removed from SBRR.

Classify FHL as an investment  rather than a business. Whatever. Just get it out of the SBRR

 

 

 

 

 

[RJT1979]

19 hours ago, King Penda said:

No

meantion Of what dad does for a liveing and he shares custody my guess is mum gets the benifits for him you cannot share them .plenty of information about dads happy tablets mind you 

You can split the kids 50 50 looking after them and both parents get housing benefit and tax credits. Crazy 

[RJT1979]

These cornish protestors do not look ethnically cornish. I may have sympathy if they were real locals.

[VeryMeanReversion]

20 hours ago, King Penda said:

My grandad used to give my nan

about 25% of his wages the rest went in the pub he was even hit and run and killed about 1972 returning from the pub 

Did your nan drive?

[Democorruptcy]

Just do a tiered Capital Gains Tax on any holiday home/let that used to be for residential use

90% April 2025

75% April 2024

60% April 2023

That will encourage some holiday home sales and they would be less likely to go to holiday home buyers.