Andrew

@rec777777 @ZiaYusufUK @kelvmackenzie @cristo_radio Indeed. Constant lectures about taxing wealth while quietly benefiting from these exact systems. Be interesting to know if that flat has had further leverage to build more wealth via other investments.

Wonder if he'll be let off the £7k fine for not issuing his RRA notice this month, which has been applied to every other Landlord Sadly I had to pay for all my properties with already taxed income unlike Angry Burnham @ZiaYusufUK @kelvmackenzie @cristo_radio

@68PAD @Lyndonx @AndyBurnhamGM @BurnsideWasTosh So every pension fund, central bank reserve fund or state investment vehicle is socialism? “The clue is in the name” isn’t really an argument. The Norwegian sovereign wealth fund owns shares in capitalist companies all over the world.

@AndyPandyHarris @Lyndonx @AndyBurnhamGM @BurnsideWasTosh State builds the largest social welfare fund in the world for the benefit of its citizens …the clue’s in the name

A country that votes for Andy Burnham deserves the bankruptcy that will ensue. Learn some lessons about economics in real time.

@68PAD @Lyndonx @AndyBurnhamGM @BurnsideWasTosh Britain’s issue wasn’t “too much capitalism”, it was governments of all parties spending North Sea revenues instead of ring-fencing them.

@AndyPandyHarris @Lyndonx @AndyBurnhamGM @BurnsideWasTosh So not selling off your natural resources and using those revenue to build a huge social fund isn’t socialism 🤔

@68PAD @Lyndonx @AndyBurnhamGM @BurnsideWasTosh Norway’s success comes from being a rich capitalist country that managed oil revenues prudently, not from abolishing capitalism. Britain’s mistake wasn’t “capitalism”; it was spending oil wealth instead of building a sovereign fund like Norway did.

@Lyndonx @AndyBurnhamGM @BurnsideWasTosh Norway kept their oil and gas - Socialist We sold ours off - Capitalist They’re doing very nice thank you - Socialism Most of the issues we face are a legacy of Thatcher - Capitalism

@Fatoscarter @PhilippeFlops @KirstieMAllsopp That isn’t correct. Larger landlords are “scooping up” buying whole portfolios in some instances. Lots of build to rent exempt from many rules. The huge faceless corporates are going to be the “landlords”.

@PhilippeFlops @KirstieMAllsopp No. Most renters renting because they can’t buy whatever their circumstances. Landlords exiting the market since the Renters Reform announced, no other landlords scooping up as all landlords affected by it, but owner occupiers buying them. Reducing rental stock increasing rent.

No, they will sell them to owner occupiers, then the people who need to rent will have fewer options. SOME PEOPLE WILL ALWAYS NEED TO RENT!

@DickDelingpole I’m so sorry for your loss, Dick. What a blessing to have had him for 91 years, and to have such a peaceful passing. I’ll pray for Malcolm’s soul and for all who loved him 🙏🏻

My father, Malcolm, died yesterday morning at 6.35. 91 years old. Fantastic life, well lived and a blessedly swift departure. We should all be so lucky. Please pray for his soul.

@jhisbetterthanu @PoliticsJOE_UK Property industry adds circa 110 billion to UK economy annually and 2.5 million jobs.mortgage advisors, valuation surveyors,solicitors,all building trades,EPC assessors,estate agents,accountants.Who would manage these properties without them?LA? Can’t cope as they are.

@PoliticsJOE_UK Banks lend money to private/buy-to-let landlords to make money from interest payments. Landlords use this money to buy property to rent that firstly pays back the bank and then provides them with a profit. Landlords aren’t needed.

Hackney's Green Deputy Mayor candidate Dylan Law: Landlords should NEVER profit off their tenants.

@HadoukenMMA @korejay Not true. Majority of landlords have interest only mortgages they don’t “use tenants to pay off their mortgage mortgages” at all. As it’s only the interest being serviced is the reason the rent is often slightly more plus they’ve put minimum 25% their own capital in as deposit.

@korejay What a stupid argument, tenants don’t rent for a fraction of the property’s value. They pay more than the properties value, that’s the whole point. That’s why landlords can use tenants to pay off the mortgage. Because the rent is higher than the mortgage

Thames Water makes a profit from the water it supplies us. Taxi companies and TFL make profits from the transport services they provide. Energy companies make profits from the gas and electricity they supply. Councils make eye watering amounts from the council tax you’re required to pay on your property even if it’s sitting empty. Yet landlords, who put down thousands of pounds of their own money to mortgage homes that tenants rent for only a fraction of the property’s value, are somehow the ones everyone wants to blame.

@DPerdoni2 @samuel_leeds Why do you? Inflation and rent rises are eroding the real value of that debt over time.

@samuel_leeds What happens when you turn 67 , and you have millions in debt. Sure you get it tax free today but paying it is not tax free. You need taxed income ,which will be equal to the debt + the interest. What you are describing is essentially ponzinomics.

In the UK, my salary is £12.5K per year. It’s mad when I post this online. Everyone instantly rushes to the comments and accuses me of being a tax evader. They think it’s an unethical, horrible thing that I structure my income in a tax-efficient way. As if taking a lower salary and then being paid via “dividends” is evil. As if me refinancing a couple of my properties each year to take out hundreds of thousands in “equity” tax-free is a sin. No, it’s not criminal. It simply highlights the lack of education in how the rich design the tax system to help themselves win. Nothing I do is “illegal”; it’s all fully double-checked and signed off by our trusted accountant.

@chanwalrus @MaddisonJordan Ippon seoi nage, a show stopper if you are quick enough, quite right 👌🏻

@MaddisonJordan I learned that if I twist around through the punch the over the shoulder throw in Judo is surprisingly effective ^^ I've had the living crap beaten out of me a lot though, especially as a kid. ^^

you can tell who’s never been punched in the mouth first time getting seriously cracked in the face is a core male experience and you learn a lot from it It’s never too late to experience it btw

@SenorBezzin @TheHard88574833 @MelissaReddy_ Chiesa can play there and deserves his chance. Arguably saved Slot last game and deserves to start. Also Ekitike can play there or wirtz.

@TheHard88574833 @MelissaReddy_ Who’s Gakpo’s direct replacement?

This is such an exceptionally sad, depressing turn in Mohamed Salah’s Liverpool story. Feeling like the club have thrown him under the bus, admitting he no longer has a relationship with Arne Slot, that it “seems like someone does not want me” at Anfield, and is strongly hinting at being forced out in the January window is not the treatment, legacy, nor conclusion his history-making contributions deserve. It just wasn’t meant to be like this. His hurt is evident, and he’s clearly succumbed to his emotions by revealing all of this publicly, but Liverpool do not need more harm right now. And this is damaging. It will also understandably impede how many will view him. Crisis feels a soft description. Salah seems particularly vexed by being framed as Liverpool‘s problem when that is counter to the truth and players in worse form keep their places in a system and approaching that is heavily flawed. He also seems annoyed that his talks in private with the manager and club haven’t answered why his situation has changed so drastically. “I asked but I didn't see an explanation. I knew I wasn't going to play.” Reading between the lines, there‘s a sense he’s being scapegoated and sacrificed to remedy some recruitment errors that have led to an unrecognisable Liverpool on the pitch. However much Salah is hurting and whatever he is feeling, this doesn’t tally with ‘The Liverpool Way.’ And goodness, he deserves infinitely more than this mess.

@SpartanTsg @C8ishop Arnold’s definitely are great. Or try, with rotator cuff issues, maybe more neutral grip with palms facing each other pushes elbows towards takes pressure off your shoulder. Works for me anyway.

@C8ishop Ok, that’s fair. I know, except they really aren’t a joke as it’s super effective and better to avoid potential imbalances. Whatever works for people though for sure.

Today’s seated dumbell press. 60kg / 132lb x 11. Wanted 12. Trying to figure out flicking the left DB up better. Tore rotator cuff years ago and it’s still an issue now.

@WinterAndFinn @FreddieBailey96 What just like Ingar Kamprad, who invented IKEA, who left for Switzerland to escape their system? Or Ruben Rausing? Bjorn Borg? Or what happened in Norway in 2023?

@FreddieBailey96 The difference between the UK/US and the Nordic model is that the people who do well there want to give back to the country that enabled their wealth. The sooner the UK is rid of these parasites the better and let more patriotic wealth take their place.

The media - ‘The UK is going to lose billions if the rich leave” Reality - A guy who exploits people and brags about only earning £12k a year to avoid tax leaves.

@FPL_Data_Viz @Martin95684074 @FinanceTiger What laws exactly do they skirt? “Doing very little”, deluded is being polite.

@Martin95684074 @FinanceTiger No they don't. They buy an asset and receive income for doing very little and skirting every law they possibly can. It's like saying a BP shareholder provides oil because they hold the shares. It's pathetic.

🇬🇧🏠 We purchased a modest little townhouse in Fulham many moons ago, back when you could still get change from a half a million quid in SW6. Fast forward to 2025 and it now scrapes the £2m mark, literally the borderline where Labour’s threatened “mansion tax” starts to bite. Our long-term tenant has always flirted with the idea of buying it ... Last week I finally asked if they were serious. Reply came back: “Thanks, but no thanks, don’t fancy being anchored to a £2m+ London property with all the extra taxes looming.” ☹️ So here I am: Can’t raise the rent (Section 21 gone, rent caps maybe on the horizon too - don't rule it out!!) Can’t sell it for what it’s actually worth (buyer pool shrinks the moment you get close to that dreaded £2m threshold). Next year the bank revalues it for the remortgage… fingers crossed they don’t suddenly decide it’s only worth £1.5m (it would not surprise if they do!) and wipe out all of our equity in one stroke! 💡 Lesson of the day: stay well away from buy-to-let, especially single family houses. The golden decade is firmly behind us, the goalposts have been moved, and the taxman is warming up in the tunnel. Anyone want a very expensive, very illiquid brick box in Fulham? No? Thought as much! Here is hoping to better times!

@David9381418216 @TWrodbrochen @0Calamity @MaxineFothergil @TheGreenParty From strictly an investor point of view, property prices against inflation haven’t been great recently. Also many like renting for the flexibility, stress free and not having large capital tied up, myself included.

😳 I simply cannot believe the lunacy of this proposal by @TheGreenParty to “abolish private landlords.” 🏡 I’ve been a landlord for 26 years and run a property management company for 23 years. 💼 I’ve sat on government consultative groups, serve on the Zoopla Lettings Advisory Board, and was President of #ARLA @PropertymarkUK . Do they not understand how the #PRS actually works — or the risks landlords face daily? Private landlords provide homes for millions, often where councils cannot. To demonise an entire sector built on personal investment, regulation & compliance is absurd. 📚 As a columnist, author & trainer of landlords for 21 years, I’d be happy to give @TheGreenParty a few lessons in how housing really works. 😁 #Housing #Landlords #UKproperty #Regulation #ReformUK @reformparty_uk @ReformDaily_ thenegotiator.co.uk/news/regulatio…

@David9381418216 @TWrodbrochen @0Calamity @MaxineFothergil @TheGreenParty Not often the case. My point is the landscape has changed for landlords. If a higher rate taxpayer, or higher interest rates, EPC requirements coming along and stricter bank stress tests. I’ve had the opposite experience and would take small landlord over an agent or big company.

@iamtomskinner @EvesandGray please check them out @iamtomskinner. Started from nothing, from Romford way, real grafter and top man is Wesley. Lovely clobber aswell, Bosh.

Does anyone know or own a shoe/boot manufacturer. I have a business idea and would love to speak to someone in this industry this morning. Thank you. Bosh❤️

@TonyMacaroni22 @robprogressive Exactly this Tony, 800k euros or 250k euros for a heritage property and renovate for golden visa. Plus endless amounts of unbelievable islands to choose from and feels like you go back in time away from all the doom and gloom.

@robprogressive just go to Greece and pay 110k max tax and buy a property for 600k plus, learn Greek and become a Greek Citizen within 10 years

If labour introduce a wealth tax, I’m leaving for Dubai with many of my other millionaire friends Let’s make this absolutely clear, there are already many wealth taxes: Inheritance tax is a wealth tax because only the richest 4% pay it Between £100k & £125K your effective tax bracket is 60% Capital gains tax is 28% for the wealthy homeowners, & 20% for the wealthy asset holders Stamp duty is 12% for wealthy individuals & 15% for companies And virtually all taxes are progressive in the UK; the more you earn the more tax you pay So no, I won’t stand for a (another) wealth tax, and nor should you (Even if you’re not wealthy because you’ll end up footing the bill when all the millionaires leave)