Why Social Housing and NOT PROFESSIONAL HMOS or BUY TO LET

Why Social Housing and NOT PROFESSIONAL HMOS or BUY TO LET

What happened in 2008 and 2020 people could not pay their rents to landlords. Thus landlords could not pay their mortgages. Well guess what the banks did. Not a tough question. Now going into the fall there is expected MASSIVE energy increases. Yes the Govt will bail out some but landlords? Hard to tell! No one knows the future however our play is social housing properties that are long govt backed contracts. I have the most solid counterparty! This is even better than charities for social housing as they can go bust. We might be getting to a point of not return on investment rather return of investment. As good as the social housing programs I am involved in, the banks do not like the long leases. There are only 2 banks who finance but are arduous. Our goal is to build a portfolio of these social housing HMOs consistently and safely. Housing 7 plus 3 year govt backed contract. No voids. No management and maintenance covered unless structural. Better than a UK Govt Bond in my personal opinion.

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