x

craig dunne

1151 Profile Views

About Me

my expertise in the industry

craig's Recent Activity

I spent the last 15 years, building and maintaining a small portfolio of 8 family houses which i intended to use as my pension. Most tenants have been there since day one and I have an amazing relationship with them. I have watched young children grow into teenagers, babies go from a shuffle to walking and all in a safe place they call their home. Then the government stepped in, shattered my dreams and in 2 weeks' time I will be losing another tenant of 8 years with 2 young children under the age of 7. They will be placed into an emergency hostel. I will then have 2 more left to sell and as soon as their mortgage rate is up, they will be gone. I have had enough; I am not in control of my destiny and i will leave it to the local councils to sort out. Just wait until they target LTD company BTL landlords as that will be coming, you can be assured. Next is holiday homes and Airbnb and then LTD co BTL. So, all those that purchased their personal BTL's from themselves via a LTD company, and spent 1000's doing so, I feel for you. I feel truly dreadful for my tenants, and their children and I have had many a sleepless night. I'm sure they think I am a greedy landlord taking out his profit which isn't the case. I was looking to retire at the age of 65 with a self-made pension, now I will be reliant on government handouts.

From: craig dunne 01 June 2023 10:14 AM

Breaking News