Unfair on Tenants!!! (a bit of a rant)

Moozer

First of all, I apologise, this is a rant :mad: .

Anyway, I know the credit crunch is hitting pretty much everyone, but why is it almost every time I listen to the news there is some new scheme to help homeowners. Now, before I get jumped on by lots of homeowners, I know that times are very hard and that many homeowners need and deserve help. However, there is nothing in the way of any help or support for people who rent, especially those who are in the private rental market.

My OH and I rent and have done for years, we couldn't get a mortgage because we had had debts as students, then when we were pretty much in a position to buy the market went mental and we were not prepared to pay riculous amounts to buy something the size of a postage stamp or in an iffy area. Rent in the areas we have lived in are quite high so saving a monster deposit never seemed to be possible.

So we pay rent, get no benefit from any reduction in mortgages, loose interest on any savings we have, pay increased costs like everyone else and if my OH gets made redundant (which was a real possibility) have no government introduced help. It hardly seems fair. Grrrrr!

Rant over.

Planner

Moozer wrote: »

First of all, I apologise, this is a rant :mad: .

Anyway, I know the credit crunch is hitting pretty much everyone, but why is it almost every time I listen to the news there is some new scheme to help homeowners. Now, before I get jumped on by lots of homeowners, I know that times are very hard and that many homeowners need and deserve help. However, there is nothing in the way of any help or support for people who rent, especially those who are in the private rental market.

My OH and I rent and have done for years, we couldn't get a mortgage because we had had debts as students, then when we were pretty much in a position to buy the market went mental and we were not prepared to pay riculous amounts to buy something the size of a postage stamp or in an iffy area. Rent in the areas we have lived in are quite high so saving a monster deposit never seemed to be possible.

So we pay rent, get no benefit from any reduction in mortgages, loose interest on any savings we have, pay increased costs like everyone else and if my OH gets made redundant (which was a real possibility) have no government introduced help. It hardly seems fair. Grrrrr!

Rant over.

If your hubby gets made redundant will you not be entitled to housing benifit?

franklee

If you want to have a polite rant why not write your point of view to your MP? Probably won't do any good on it's own but you never know. Don't forget to include the bit about you may be booted out without notice and without the right to be kept informed of what is going on should your landlord get repossessed and he didn't have consent to let. It does seem tenants and savers are are in the cold. Especially galling for those who weren't !!!!less and were saving a sensible deposit. I suppose we aren't the ones who were keeping Gordon's consumer driven economy going But we do have a vote

PS: Oh dear the editor won't let me use the word beginning with f that Robert Peston uses so often. That is the word with an e after the f.

Moozer

No, I earn a good amount, so we would not qualify. We couldn't afford the rent, couldn't afford deposit for a new place, and as tenants (with some bad debts) are treated like scum if we apply for a loan.

I guess that, as we got few benefits from the good times (except higher rents and being priced out of the property market), it just seems unfair that nothing is being done to support tenants in this position. Those outside the criteria for government benefits, who are likely to end up paying higher taxes to support those with mortgage problems, yet seem to get no safety net or help in return.

Moozer

I agree Franklee - tried to email Gordon Brown but No. 10 email is down, funny that!

LittleTinker

I dont know what you are on about really.

What do you see that the benefits are of having a mortgage like mine?

Ditzy_2

Try and think longer term - imagine if a majority of people were to lose their homes by not being able to keep up with the repayments - this would equate to a large amt of people and families turning to the state/ LA to house them. There is little in the way of social housing stock and temp accommodation then economically would be better to help keep hold of their current home.
I understand your frustrations though. But there needs to be a major shakeup in rental prices on the whole to help those who either cannot or won't purchase their home and for those who really would like to be able to save for their home.

poppysarah

The current situation is partly due to the insane levels of lending that have gone on to enable people to buy houses.
It's insane to try and bail out homeowners - and banks!

They should have guaranteed all uk savers deposits and let the banks sink.

barnaby-bear

Planner wrote: »

If your hubby gets made redundant will you not be entitled to housing benifit?

No because they have savings for their deposit - that they will be expected to spend first. :rolleyes:

barnaby-bear

Moozer wrote: »

No, I earn a good amount, so we would not qualify. We couldn't afford the rent, couldn't afford deposit for a new place, and as tenants (with some bad debts) are treated like scum if we apply for a loan.

I guess that, as we got few benefits from the good times (except higher rents and being priced out of the property market), it just seems unfair that nothing is being done to support tenants in this position. Those outside the criteria for government benefits, who are likely to end up paying higher taxes to support those with mortgage problems, yet seem to get no safety net or help in return.

I can't help but feel the sane and hard working will have their day and wish you the best.

Ditzy_2

barnaby-bear wrote: »

I can't help but feel the sane and hard working will have their day and wish you the best.

Goody goody - when?
- can't wait!!!!!

:rotfl: