113
you are viewing a single comment's thread
view the rest of the comments
[-] hellothere@sh.itjust.works 1 points 1 year ago* (last edited 1 year ago)

Landlords are one of the many factors which restrict access to housing. The sheer complexity of purchase is another major factor.

But again, if you can afford to lose the money then you're probably not the problem. The main problem, in the UK, is landlords on buy-to-let mortgages who cannot afford to lose.

If the bank is already willing to loan money on the property, and rent must be higher than the mortgage payment as a condition on that loan, then all that happens is housing becomes more expensive.

this post was submitted on 15 Nov 2023
113 points (98.3% liked)

United Kingdom

4137 readers
56 users here now

General community for news/discussion in the UK.

Less serious posts should go in !casualuk@feddit.uk or !andfinally@feddit.uk
More serious politics should go in !uk_politics@feddit.uk.

Try not to spam the same link to multiple feddit.uk communities.
Pick the most appropriate, and put it there.

Posts should be related to UK-centric news, and should be either a link to a reputable source, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread.

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

founded 2 years ago
MODERATORS