2112 Posted July 12, 2022 Share Posted July 12, 2022 2 hours ago, offshoremanxman said: Claire Christian was bang on. Unfortunately Allinson must have put on the pair of Skelly glasses, left in the desk at DfE, kept them and now he has Skellyvision, where he can see the island boooming, endless tax receipts, and 500,000 tourists. 1 3 Quote Link to comment Share on other sites More sharing options...
Lxxx Posted July 13, 2022 Share Posted July 13, 2022 On 6/29/2022 at 1:19 PM, The Phantom said: I'd suspect it's going to get get even worse with the new landlords bill being brought in. Many landlords are going to be dumping their properties in the near future as the requirements that will be brought in are going to be a nightmare. The thing is, you actually need a rental market. I rented for about 10 years, didn't want to and couldn't really afford to buy. Even then prices were steep and you had to move super quick to get any properties that weren't a bedsit before they got snapped up. You wait. Now we are complaining the rental prices are high. In a few years we'll be complaining there are no rentals. How will the new landlord's bill affect tenancies? I have a house I rent out and haven't really looked into it. Quote Link to comment Share on other sites More sharing options...
The Phantom Posted July 13, 2022 Share Posted July 13, 2022 37 minutes ago, Lxxx said: How will the new landlord's bill affect tenancies? I have a house I rent out and haven't really looked into it. If you're a reasonable landlord with a reasonable property it is just adding an unnecessary layer of beaurocracy to it. Like everything the Govt get their hands on here, they're planning on regulating the shit out of it so much that no one will bother complying as it's such a nightmare and will just not bother being a landlord. Typically it's been brought it in to cover the minority of tenants who have a minority of shitty properties and a minority of dickhead landlords. To be honest in my experience, Landlords already have very few rights and regularly screwed over by tenants. You will have to register yourself and register the property. Both will be reviewed and vetted to ensure you and the property meet some minimum standards. They'll also charge you for the pleasure of delving into your personal records and assets. They will dictate who they deem to be an appropriate property manager. You won't be allowed to rent a property until it and you are reviewed and registered. I missed the part where we became a socialist state. https://consult.gov.im/infrastructure/landlord-registration-private-housing-bill-2020/ 1 1 Quote Link to comment Share on other sites More sharing options...
2112 Posted July 13, 2022 Share Posted July 13, 2022 (edited) 3 minutes ago, The Phantom said: If you're a reasonable landlord with a reasonable property it is just adding an unnecessary layer of beaurocracy to it. Like everything the Govt get their hands on here, they're planning on regulating the shit out of it so much that no one will bother complying as it's such a nightmare and will just not bother being a landlord. Typically it's been brought it in to cover the minority of tenants who have a minority of shitty properties and a minority of dickhead landlords. To be honest in my experience, Landlords already have very few rights and regularly screwed over by tenants. You will have to register yourself and register the property. Both will be reviewed and vetted to ensure you and the property meet some minimum standards. They'll also charge you for the pleasure of delving into your personal records and assets. They will dictate who they deem to be an appropriate property manager. You won't be allowed to rent a property until it and you are reviewed and registered. I missed the part where we became a socialist state. https://consult.gov.im/infrastructure/landlord-registration-private-housing-bill-2020/ Lots of landlords are closing down and selling up. They have had enough. The old saying is ‘be careful for what you wish for ……,’. They will get their wish but they will have a major headache in its place, if landlords decide they don’t want the hassle. Incidentally, whilst private landlords are being demonised, and regulated, the Manx Development Corporation - a IOMG quango, supposedly arms length but with politicos involvement, will have zero regulation. I’ll be surprised once the former Nurses Home has been renovated, and newly let, that some issues will occur, and negative publicity will appear. Edited July 13, 2022 by 2112 1 Quote Link to comment Share on other sites More sharing options...
Andy Onchan Posted July 13, 2022 Author Share Posted July 13, 2022 40 minutes ago, 2112 said: Lots of landlords are closing down and selling up. They have had enough. The old saying is ‘be careful for what you wish for ……,’. They will get their wish but they will have a major headache in its place, if landlords decide they don’t want the hassle. Incidentally, whilst private landlords are being demonised, and regulated, the Manx Development Corporation - a IOMG quango, supposedly arms length but with politicos involvement, will have zero regulation. I’ll be surprised once the former Nurses Home has been renovated, and newly let, that some issues will occur, and negative publicity will appear. Demonised? 2 Quote Link to comment Share on other sites More sharing options...
english zloty Posted July 13, 2022 Share Posted July 13, 2022 1 hour ago, 2112 said: Lots of landlords are closing down and selling up. They have had enough. The old saying is ‘be careful for what you wish for ……,’. They will get their wish but they will have a major headache in its place, if landlords decide they don’t want the hassle. Incidentally, whilst private landlords are being demonised, and regulated, the Manx Development Corporation - a IOMG quango, supposedly arms length but with politicos involvement, will have zero regulation. I’ll be surprised once the former Nurses Home has been renovated, and newly let, that some issues will occur, and negative publicity will appear. How do you know lots aren't just selling up to make a quick buck? And even if they are selling up, then someone else is moving in. So where's the problem? Quote Link to comment Share on other sites More sharing options...
Manx Resident Posted July 13, 2022 Share Posted July 13, 2022 23 hours ago, Non-Believer said: It must be true, the Doctor says so... Does anybody know who is advising Dr Allison on IOMG finances. I note the Chief Financial Controller was standing in as Acting Chief Secretary but never saw mention of who was doing his job. It is not just the ‘poor’ who are struggling, ‘in work poverty’ is an issue for people who were just above the breadline, with loans etc which they could service at the start of the year, but now……. I hope Dr Allison isn’t going to come back later on to say he was given information but has found it to be inaccurate. Quote Link to comment Share on other sites More sharing options...
asitis Posted July 13, 2022 Share Posted July 13, 2022 22 hours ago, Beyond Belief said: However, scientist have not been to a sitting of Tynwald. .... which is so dense light bends around it ! 1 1 Quote Link to comment Share on other sites More sharing options...
Roger Mexico Posted July 13, 2022 Share Posted July 13, 2022 22 hours ago, Twitch said: Should get the current stats sometime in 2024. You say that like it's a joke, but actually it's not that far off. The only way they seem to calculate GDP is annually and in arrears and the most recent report is for 2019-20, published in October 2021. 1 1 Quote Link to comment Share on other sites More sharing options...
Albert Tatlock Posted July 13, 2022 Share Posted July 13, 2022 5 minutes ago, Roger Mexico said: You say that like it's a joke, but actually it's not that far off. The only way they seem to calculate GDP is annually and in arrears and the most recent report is for 2019-20, published in October 2021. Plus GDP and GNI turnover is a joke when 30% of your 'national turnover' is stake from betting companies making 5% on it. Imaginary money. 1 1 Quote Link to comment Share on other sites More sharing options...
The Phantom Posted July 13, 2022 Share Posted July 13, 2022 42 minutes ago, english zloty said: How do you know lots aren't just selling up to make a quick buck? And even if they are selling up, then someone else is moving in. So where's the problem? This is what im hearing from landlords and considering sell my let flat too. You actually need a rental market for new, temporary workers, those saving up etc. Some people also prefer renting too. To be honest there is already a shortage of rentals - the new teachers at Ballakermeen are having trouble finding places and also heard it from a business contact looking to potentially relocate here only yesterday. Quote Link to comment Share on other sites More sharing options...
2112 Posted July 13, 2022 Share Posted July 13, 2022 43 minutes ago, english zloty said: How do you know lots aren't just selling up to make a quick buck? And even if they are selling up, then someone else is moving in. So where's the problem? Some are. I know someone who has property, and they are selling up, they have had enough. It’s not just private landlords, HMOs are also affected, and some of them had had enough and are getting out. The problem being if landlords sell up, close down or change the building back to a private residence, it reduces the amount of accommodation for the newly arrived residents, key workers etc. Quote Link to comment Share on other sites More sharing options...
english zloty Posted July 13, 2022 Share Posted July 13, 2022 45 minutes ago, The Phantom said: This is what im hearing from landlords and considering sell my let flat too. You actually need a rental market for new, temporary workers, those saving up etc. Some people also prefer renting too. To be honest there is already a shortage of rentals - the new teachers at Ballakermeen are having trouble finding places and also heard it from a business contact looking to potentially relocate here only yesterday. Thank you for your explanation 😀 What I struggle with us if you do sell up, then a) another landlord may take it on as a going concern, so the only difference might be the rent? b) it gets bought as a residential property, perhaps allowing someone to move from a rental to homeownership and c) (and without in anyway presuming your circumstance 😀) might provide funds (hypothetically) for you to move up the property ladder, freeing up your existing home? So worstcase, I see status quo.. when not considering immigration, which has nothing to do with the reasons given for selling up? 1 Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted July 13, 2022 Share Posted July 13, 2022 1 hour ago, Manx Resident said: Does anybody know who is advising Dr Allison on IOMG finances. Probably Eddie Teare, back as a consultant. 1 2 Quote Link to comment Share on other sites More sharing options...
english zloty Posted July 13, 2022 Share Posted July 13, 2022 50 minutes ago, 2112 said: Some are. I know someone who has property, and they are selling up, they have had enough. It’s not just private landlords, HMOs are also affected, and some of them had had enough and are getting out. The problem being if landlords sell up, close down or change the building back to a private residence, it reduces the amount of accommodation for the newly arrived residents, key workers etc. Thank you 😀 Same points as I made above. It is handy they're 'getting out' during the remnants of a property boom. Good luck to them. Quote Link to comment Share on other sites More sharing options...
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