Mortgages and Housing Crisis

We have a lot of high profile talk at the moment about the #housingcrisis and a lot of amazing people trying to solve the issue of high private rents – encouraging the building of more affordable homes to enable people to work, and enjoy a decent standard of living, without being cripled by rising living costs and stagnant archaic wages.

And so I ask – why are we not making it possible for everybody to enjoy home ownership?  It shoud be based on affordability – or rather what it being paid out in rent, rather than measured by deposit and credit score.  When you have had a difficult financial past the sentence on your credit file is greater than committing a serious crime against another person.

When one suffers adverse credit is it assumed that they do not manage their money well or they are workshy, when that is not the case – the issue is the cost of living v income – I ask any politician or top 10% earner to live on an income on minimum or living wage and pay private rents and be penalised for having to pay everything else monthly too (higher car insurance, higher utilities etc), and to have to pay water rates instead of water usage because they cannot have a meter because they are tenants.  I was paying £80 a month instead of £18 a month (on-line calculated usage) – so the Water Company boss enjoyed a 21million bonus whilst I had to eat bread.

But this is about mortgages – yes there is always a risk but when a mortage company has so much to gain they should be more liable with the risk for the gain – and why is this so important?

I wrote to the Gov about it (as you do) and asked the question – and they responded that it ‘wasn’t in their interest’ to push mortgage companies to offer mortgages without despoit or good credit score – of course it isn’t.  If you build housing you have a guaranteed income for generation after generation of people who are locked out of homebuying.

When you are a tenant you are unable to enjoy a private life, i.e. pets, landscaping, decorating, even hanging pictures on the wall, and more importantly you will pay rent to the day you die.  You will be worried about that months rent as you draw your last breath.  With home ownership you pay for 25/30 years and than you have your own estate, for your children to enjoy, so that they too are not trapped in private rental, social rental or any other rental that pays to the private estate of another or the estate of the Crown.  Granted your estate goes back to the Crown too if you don’t get your will sorted properly but at least home ownership gives you freedom to a private life and light at the end of the tunnel, so that even if you buy when you’re 40 you have the chance of relaxing a little at 65.  Those in rental will not relax at 65, nor 75, nor 85, nor 95.  So of course it’s not in the inerest of the government to make mortages available to all, they want the income for generation after generation.

The simple matter of a deposit, and credit score locks people out of a decent life, for generations.  These people pay somewhere between £600 and £1200 on private rent every month, just because that person could buy a buy to let.   It is not about being workshy, these are hardworking people who could be paying LESS on a mortage, and have light at the end of the tunnel, and, enjoy a private life and give stability to their children.  Who without stability may need to turn to HB.

I’m so ashamed sometimes of how this country works, or doesn’t work, for those less priviledged with security.

I am not anti affordable housing – I am very pro affordable housing – people need to be able to afford to live and if wages aren’t going to double overnight then housing is crucial, but also mortages would go a long way to solving this crisis and moving half of society out of private rented accomodation which absolutely capitalises at the expense of those less fortunate.  Let’s get both sorted please.

The Power of ‘Not Minding’

Once upon a time I cared, a lot, about being judged, about being disapproved of, about being ‘beneath’ other people, and I was a people pleaser, much to my own detriment.  I was so afraid of confrontation that rather than express my concerns I would run, and hide.  I never wanted to be seen as being a problem, in any way shape of form, and so I kept quiet.  I took it so personally when anybody looked at me with anything less than love in their eyes, I could feel it, it penetrated my love of humanity to the core, and I did not want to give anybody a reason to look at me with anything less than love.

Something happens as you mature, you accept that people are different.  People will disapprove of you, not because of you, but because of them; their beliefs, their ignorance, their different passions and lack of understanding of yours.  We all have frustration that other human beings see the world with different eyes.  Naturally, from a very young age we are programmed to think that we should thinking the same thoughts, working towards the same goals, wearing the same clothes, and doing as we are told, and inhibiting our own thought process – and so it is no wonder that by the time we reach puberty and adulthood that we are already in deep despair that we have been unable to evolve naturally, or at the very least to our own nature.

As I was in despair and trying to fit into to being somebody that I was not in my 20’s the depression just kicked in, I could not find the words to articulate what it was that I wanted to say, or how I felt that this world was not meant for me.  I was so desperately trying to fit in that I allowed myself to be abused in many ways, and when I needed to stand up for myself and have a simple conversation, I was quite incapable and so hid behind the court system, so that I could be indirectly confrontational, which of course only made matters worse, and resulted in a decade of abuse and harassment.

The wonderful thing about this is, when you have spent the best part of 20 years being either abused, or harassed, or walked over, or attacked, you break to the floor so many times that you realise how capable you are of getting back up.  And when you realise that other people’s actions reflect their personalities, and not yours, you make peace with who you are and who you have been.  You realise that whatever comes next will bounce off you and that you will only carry the pain, and the words, and the insults, and the misunderstanding and judgments if you accept them.

When you are happy with you are as person, and comfy in your own skin, you really do not mind what others say, or how they try to make you feel, you have absolute clarity that you can press on through life being true to who your are, authentic to your own spirit, living your true existence, and you can literally feel free of external judgement, or lack of encouragement.  It is about being 100% comfy in your own skin, that is not thinking that you are perfect, what is perfection anyway?  It is about knowing that you are you, your body is your body, your mind is your mind, your clothes are your style, your hair is your hair.  If you have no enemy within, the external world really cannot hurt you, as they are not touching a nerve, and if you are truly free of needing external verification, you are very powerful, and very free.

The simplest things do not  concern you.  I have never (at least not in the last few years) worried about page likes, or post likes, or engagement, or any of those things that can make you feel ‘validated’.  I share stuff for the purpose of raising awareness of business, or trying to help others in the knowledge that my words will resonate with some, but if nobody sees that is okay.  I know that who needs to see will see, who needs to engage will engage.  To live your life for purpose, and not for praise, is very empowering indeed.

I say not minding instead of not caring as for me ‘not caring’ carries an undercurrent of attitude, when you say that you do not care, it almost sounds as though you do care but are being defensive of that – that is okay if that works for you, but for me ‘not minding’ is much more peaceful.  I am no longer ashamed of my journey, I am no longer concerned about being judged,  I have struggled greatly and I talk openly about adversity and mental health because I don’t mind, I don’t mind if people don’t get it, that is their journey, not mine.  I get it, it happened, I share it, I’m at peace with my mistakes, I’m at peace with where I am at now, and that leaves me free to make a noise, to help others.  I am no longer afraid of the flames, for I am the fire.

We ARE all different, and people will always dislike who you are or what you do – that is the nature of humanity, and that is how our spirits beautifully interact when we know we have found one like us x

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Employees are Vulnerable. It’s time to step up.

I have been laying awake at night of late thinking about how a significant proportion of society are living in relative poverty, and those of you who are familiar with my blogging will know that I don’t look for things to blog about, I have very little choice in the matter, I lose sleep and the universe will not permit me to sleep again until I say what needs to be said.

Yesterday, Oxfam (via Twitter) very kindly signposted me to their hard work on tackling UK poverty (amongst other things), and perfectly quoted:

‘When a company does not ensure a living wage is paid, the most vulnerable people in its supply chain suffer as a result. This is unfair and unsustainable.’

Source: https://policy-practice.oxfam.org.uk/our-work/inequality/towards-a-living-wage

Now I do realise that living wage is better than minimum wage and I understand why people are taking baby steps, but then baby steps have not been taken in every other area of inflation and it is time we caught up.  Even living wage is not enough to enable people to live their lives every week, month, year, without worrying about meeting the rent or mortgage, and without being penalised by the banks or utility or insurance companies for having to pay monthly.  You will see my earlier blogs on penalised for being poor and inflation.  There is no quality of life for most people, just look at them in the supermarket, their spirit is dead and they cannot pick anything up without worrying if they can afford to include it in that week’s shop.

I came across this Guardian US tweet the other day, and whilst it is in the US it is absolutely bang on the nail for the issues faced in this country by public and private sector employees.

Please watch it here:  http://singlemumsbusinessnetwork.co.uk/useful-links/4594561112

Many company bosses will convince themselves that they are paying their staff a fair wage, mainly by comparing it with other similar salaries for similar roles, but do you remember your mum saying this ?’If somebody told you to jump in front of a bus would you do it?, no, use your own brain.

Employers must take a greater responsibility for ensuring that none of their employees are stressed about money, especially when it is as a direct result of them putting profits before people. The onus in on employers at the Gov are failing epically to look after their people, they are so out of touch that they are incapable of leading properly, and if you are waiting for them to force you to pay a higher wage then you are failing epically too.  I caught a glimpse of the Martin Lewis Money Show where MP James Brokenshire seemed to be quite chuffed with announcing the minimum wage has increased to £8.21.  (Parliament’s expenses watchdog confirmed the salary for MPs will rise from £77,379 to £79,468 from April 1. It contrasts with welfare benefits remaining frozen for a fourth year in row.  Ministers like Mr Brokenshire get a second salary on top) Now I’m sure he’s a nice enough chap, but ignorance is a very real downside humanity, you cannot lead what you do not understand, just as you cannot teach what you have not learned.

https://twitter.com/SMBN33422746/status/1113337409696149506

I am not interested in excuses.  Please do not pay your vulnerable staff a wage and then pay yourself significantly more, plus a significant bonus (and they really are vulnerable.  The thought of rocking the boat at work fills most people with fear of further poverty or hostility) .  Plus panic buy office equipment at year end to keep profits down and the tax bill low.  It happens everywhere.  You can not tell how much your staff are struggling by looking at them, but I guarantee that anything less than £10 is too little and this has to rapidly increase to £15 or £20 (support staff).

You may ask where this money will come from – if you do, please back it up with your accounts and personal expenditure v what difference the payrise would make to your bonus.  As for public sector pay.  We would all pay more tax, and there would be significantly less need for help, so this swings in roundabouts.

Employees are vulnerable.  Look after them like you would look after your own family, after all, they are helping you run your company.

I think that’s enough to let me sleep..

Although final note, I appreciate the process of working your way up the ladder, but the bottom of the ladder should not be in the gutter, as it currently is.  The only excuse for living wage is supported young / trainee people learning a trade, for a very limited period of time.

I also do not proof read my blogs, I am a passion blogger and I must press send before I read.  So apologies if typos offend you!

Jules x

 

 

 

Single Mums Business Network

I’ve been busy! See my other blog site www.singlemumsbusinessnetwork.com Slide3

I’ll still post blogs on here about all things that rattle my cage but the SMBN is taking over for now! Caring & Sharing X

Bias in the Tenant Market – HB or Pets? No thank you.

I never try to find things to write about in my blogs, I simply post when I am inspired or triggered to post about something I already feel strongly about.

I had a lovely trigger this morning, where a social media post asked a very simple yet desperate question… ‘Does anyone know of any 3 bed houses to rent in Monmouth or surrounding villages that will accept housing benefit please?’

I felt her pain immediately and felt inspired to comment, to re-assure her that she would find somewhere.

Now I have been a homeowner, a landlady, a tenant as part of a married couple, an estate agent, and more recently, a single-mum in receipt of housing benefit without a guarantor, and believe me, the latter is the most hellish of them all (and karma giving me a big slap on the bum!).  I have had to fight myself to prove my worth and I know how hard it is.

Now I have been well aware for a very long time that there is bias / discrimination against people who fall under a certain category.  A literal ban that does not take any individual circumstances, history, or future into account and it is quite simply wrong in this day and age.  As a younger woman I did have preconceptions about who was who and what their worthiness was, and of that I have no choice but to forgive myself, but now I must redeem myself and try to help others.

Equally it is extremely hard to enjoy your private life / your home / and enjoy pets as part of your private life, if you are tenant.  Now my personal feelings are, and always have been, that every person should enjoy the same rights and quality of life if they wish to have pets in their family.  I have witnessed issues faced by landlords, damage, urine, fleas, and these issues have been awful, but they are very much the minority, and I am afraid I have a black and white view that if you are in the business of building your property portfolio at the expense of others then this should be part of the small risk.

Most tenants with pets are ‘immaculate’, and on regular property visits it would quite often be the case that HB tenants with pets were cleaner and in better timing with their rent than the stereotypical perfect tidy salary 2.4, or just 2.

Nowadays a huge percentage of the population rely on credit to get them by each month (if you are a follower of my blogs you will know that I do not do stats – that’s your homework!).  This is no different for those whichever ‘class’ they fall under, we just still keep a stiff upper lip about it.  Equality is heavily preached in this country, but in practice the reality is quite the opposite.

Equally the right to a private life and enjoyment of pets is something that seriously needs addressing, people are literally having a lesser quality of life because of the private rental market.  The private rental market is blooming because house prices have risen inconsistently with inflation.  From buying a house from £7,000, to £45,000 to £200,000 is literally insane, and it needs addressing.

I have been a fly on the wall where hard-working pensioners, with beloved pets, have found it extremely hard to find a rental property, despite a 100% hard working career and immaculate cleanliness. I have witnessed so many painful stories of discrimination and it must stop.  Again we are rewarding the rich and penalising the poor (or at least disadvantaged)  (see my earlier post).

With respect to the Housing Benefit argument.  I understand that there is a percentage of claimants who are HB as a lifestyle / career choice and I can see why this would be upsetting to many, but I urge you to open your mind to the fact that many who need to claim HB do so for a short period in their lives, more than likely 20 years of contributions have preceded the need to claim and 25 / 30 years will proceed it.

The first 20 years of my own adult working life I was earning in the region of £14,000 and I never complained about how my contributions were spent, I understood that we all looked after each other.  I was aware that people earning significantly more than I were entitled to approx. £20 per week child benefit but this was never an issue, but as soon as I became a mum in need of a little recoup (to top up the wage, allowing me to be a hands on mum) I was amazed how many people re-categorised me and asked ‘why should we pay for your kid’.  Darling my need is short term and my contributions will be paying towards your healthcare at some point and I will not judge you for your lifestyle choices leading up to it.

Another issue we face in England and Wales is that of distant renting.  In Scotland you can secure a rental property on-line, down here we can ‘buy’ a property on-line, and secure a rental property on-line, but securing a AST is a big no-no, and that is quite unfeasible for many that relocate to the area.

There are so many issues surrounding tenancies, another being agency fees, they are ridiculous, the most successful agent I know in the region charges £60, and that’s it, there is absolutely no need to charge £100 / £200, remember I have administered it.  The rental income comes from the initial fee to the landlord (normally 75% first months rent) and the management fees (normally 10/11% per month).  Please can we stop charging these poor people a fortune, to run a couple of references and a credit check.

I may elaborate on here at a later date, but for now, please be pro-active in implementing these much needed changes to this awful discrimination that is so prominent in so called modern society.

 

 

 

 

My Formal Graduation – Summarising the Journey        

My journey began when I still a child and tests indicated that I was ‘inadequate’ from a very early age.  Consequently I continued mostly unstimulated through school with the clear message that I should not expect to achieve anything outstanding.  Knowing that I was not one of the intelligent ones gave me little drive to do well in GCSE’s and I just ‘did my time’.

Of course further education seemed pointless and 20 years of solid employment followed feeling like I had well and truly slipped through the net.  Even though I knew I could achieve great things I plodded on fitting into the average and unfulfilling roles fitting for my careers advice.

By the time I was 35 I was depressed and I had struggled so much throughout life basically down to lack of adequate knowledge to enable me to thrive in adulthood.  It was when I fell pregnant, in the knowledge that I would be a single-mum that I was determined not to see my daughter struggle and be the subject of stereotypical poverty that I took a leap of faith in my abilities.

I embarked on a Law Degree with the Open University and I am so glad I did.  The parallel design of the KIH Bed and formation of KIH Products was quite accidental but I had a duty to share the product that I had designed, and to do so in a professional, quality and responsible way.

In the first year of my degree I gave birth, had my home repossessed, my employer sold the business and I was rapidly becoming a stereotypical single mum struggling with adversity but fighting for my life, or at least the life of my child.  The remaining years were spent moving several times due to rejection for ‘normal’ homes subject to status and constantly trying to find the right home, several attempts to secure work that would allow me to be there for my child whilst enabling me to earn enough not to recoup contributions, and building up the business whilst somehow pinning my eyes open to read law books every time my daughter slept.

Note the repossession came following me seeking advice, from the mortgage company.   I knew I could not afford the mortgage and I also knew that I could not be a responsible landlord without maintenance funds.  I was kindly advised to sign over management to the mortgage company so that they could collect rent and pay maintenance directly from the mortgage account.  They followed legal procedure and at the earliest opportunity they evicted my tenant (no rent arrears) and repossessed the house.  I battled arbitration whilst studying et al but they knew what they were doing.  My 10 years and £60K investment was gone in a flash and they sold at a loss leaving me with a deficit I am still liable for to this day.

So despite the pressures of legal battles, business building, house moves, desperately seeking the sanctuary of work around my daughter and many other difficulties thrown in I successfully completed my Law Degree.

Now, as a single-mum, a multi-award-winning entrepreneur (supporting the UK economy and at least 5 UK businesses with every single UK and overseas order), a Law Graduate, and with the confidence and knowledge that I should have had 25 years ago I will continue to rebuild our stability and I will make sure that my daughter is as adequately prepared as possible.

My only aim now is to help, inspire and advise others via whichever mediums possible.

For a country who claims to promote equality, to then measure intelligence and segregate human beings at such a tender age, delivering a very strong, profoundly damaging message is beyond my comprehension.  I used to think that I let the school down, but I can now safely say that it was the school system, not recognising the intelligent, kind, entrepreneurial diamond that stood before them, that let me down.

I have mentioned in my previous blog that Law should be on the National Curriculum, and that every child regardless of status or tests should be entitled to an EQUAL education.  We do not celebrate diversity in children, we try to mould them and make sure that they are far from educated equally, at the earliest given opportunity.

I re-quote:

The National curriculum in England framework gives that and I quote:

Every state-funded school must offer a curriculum which is balanced and broadly based* and which:

  • promotes the spiritual, moral, cultural, mental and physical development of pupils at the school and of society
  • prepares pupils at the school for the opportunities, responsibilities and experiences of later life

source 6/10/16: https://www.gov.uk/government/publications/national-curriculum-in-england-framework-for-key-stages-1-to-4/the-national-curriculum-in-england-framework-for-key-stages-1-to-4

If you have struggled with any of the issues contained within this blog and you feel that you need help catapulting yourself forward my small 20 tip book may help you: https://www.amazon.co.uk/Finding-Happiness-Freeing-Your-Spirit-ebook/dp/B01M4KBOA3/ref=sr_1_1?ie=UTF8&qid=1479177659&sr=8-1&keywords=finding+happiness+and+freeing

If you cannot afford it e-mail me and I will send you a free pdf.