Do you support Shelter's call for Landlord registration?

theartfullodger

BTL Investment Property only goes up in value

Aye, right

Cheers!

Lodger

robin_banks

@Clutton,

Do you really think I would post how a landlord commits HB fraud (and believe me they do)?.

theartfullodger

MissMoneypenny asks.,...

Does the landlord registration also require the property to be inspected by the local council, before it can be let?

- Well I guess that depends on whatever scheme any government eventually brings in.

Certainly in bonnie Scotland it doesn't include it: Many might argue that the mere authority for a local council to inspect (after due notice etc..) would raise standards (possibly both of Landlords & Tenants!! ;-) )!!

Cheers!

Lodger

theartfullodger

A couple of local councils building bridges with Landlords...
http://news.rla.org.uk/index.php/archives/498

Cheers!

Lodger

prudryden

I say: Nothing wrong with registration. If nothing else, it might reduce the competition as the best (like me) will survive near the top of the game.

prudryden

"the person who rents out the ferrari woudl have insurance to cover any damage why dont landlords have that as a matter of course."

Eh? I have never rented an auto without having to pay for the agency's insurance policy or proving that my own insurance policy covers the auto.

JPS29

A national register of landlords – each landlord would receive a unique registration number and pay a low annual fee.

To all the tenants that are replying "yes". As most of you have pointed out LL's are in it as a business. Therefore would you still be just as happy to vote yes if this additional "low" business cost was factored into rent calculations?

theartfullodger

InTheBrownStuff wrote: »

Therefore would you still be just as happy to vote yes if this additional "low" business cost was factored into rent calculations?

Fair point ITBS but logic would conclude with that approach that the rent calculation is based on Landlord's costs and you rightly point out LL registration will be an additional cost...

So, with interest rates coming down so significantly over the past couple of years would tenants reasonably expect rents to drop accordingly to reflect LL cost drops for those many lucky LLs who have been enjoying significant mortgage payment reductions???

Cheers!

Lodger

JPS29

My rent calculations are not based solely upon my costs neither I would guess are most LL's.

I see the point you are making re the mortgages but that is unrealistic, the flip side of that is should the interest rates rocket to 10% would they expect to pay extra in rent, I think not.

Mortgage payments are taken into account by all LLs when purchasing property. We know there iss a fee there, granted some have gone down, but nonetheless it is a fee which we accept as part of the business. The point I am making is that mortgage payments (unles owned outright) are essential along with safety checks etc, A further registration scheme, more paperwork, and more cost are not required and not esssential IMO

MasterPJ

I was considering setting a company to do this myself.

Now the question which has arose here - is who gets charged?

Landlord - then he must pass the charge on to his tenants.

Tenants - then again the tenants get charged.

Now I thought about this for half a day and decided the solution: Landlords should be registered and freely.

And the tenants should have to pay say a one off fee of £10 to get the case considered. If the case is not considered due to lack of merits. Then tenant loses this £10. Otherwise if there is cause for concern then Tenant would get this £10 back. The Landlord charged an automatic £50 to cover initial costs.

Then this company would talk to the Landlord for this individual, and to this individual to reach an agreeable solution. Failure to do so this company would then on behalf of the individual take the Landlord to court to get the situation sorted out.

And if found guilty the Landlord would pay the solicitor fee's and to the tenant any compensation, and the company court fee (that would be signed) to register.

Any comments on this scheme of things?

Oh and have a 30% strike rule. Where once court is reached 30% of how properties they are renting - the company would then take the company to court for consistent unfair dealings and unfit to manage a business.