Debate House Prices


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Increasing the rent - tenants angry.

Conrad
Conrad Posts: 33,137 Forumite
First Post Combo Breaker
edited 14 February 2013 at 3:16PM in Debate House Prices & the Economy
I'm sitting opposite my lettings agency manager. One of her landlords, a Lithuanian, with 10 properties today instructed her to increase all rents.

Listening to my lettings manager making calls to all the tenants, they are very unhappy and she's getting it in the kneck.

The landlords stance is that rents have risen locally (true) and that's the going rate.

Tenants just don't get this point about the landlord being engaged in a money making business, period.
Some have said they will go elsewhere, but it's unlikely as rents have genuinly risen quite dramatically.
«13456711

Comments

  • Derivative
    Derivative Posts: 1,698 Forumite
    Conrad wrote: »
    Tenants just don't get this point about the landlord being engaged in a money making business, period

    Some would say most tenants don't understand what a money making business is.

    If they did, would they be tenants?
    Said Aristippus, “If you would learn to be subservient to the king you would not have to live on lentils.”
    Said Diogenes, “Learn to live on lentils and you will not have to be subservient to the king.”[FONT=Verdana, Arial, Helvetica][/FONT]
  • droiderm
    droiderm Posts: 778 Forumite
    First Anniversary Combo Breaker First Post
    Who is happy when the prices of anything rises?
    Maybe they should have been joyful instead? Idiots.
  • Own_My_Own
    Own_My_Own Posts: 6,098 Forumite
    Xmas Saver!
    What has the landlord being Lithuanian got to do with anything ?
  • Conrad wrote: »
    I'm sitting opposite my lettings agency manager. One of her landlords, a Lithuanian, with 10 properties today instructed her to increase all rents.

    Listening to my lettings manager making calls to all the tenants, they are very unhappy and she's getting it in the kneck.

    Shouldn't the tenants be informed of such changes in writing once their current contracts are due for renewal? Sounds like the usual unprofessional lettings agency approach.

    My rent's gone up once (by £50 per month) in 4 years. Currently looking at areas in London where I could buy- not remotely tempting.
    They are an EYESORES!!!!
  • bebewoo
    bebewoo Posts: 622 Forumite
    Why is she phoning, surely she should be sending out Section 13s?
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    Are you Mortgage Man M in Agent's Diary by any chance Conrad? The coincidences are stacking up.

    http://agentsdiary.blogspot.co.uk/
  • Sampong
    Sampong Posts: 870 Forumite
    Own_My_Own wrote: »
    What has the landlord being Lithuanian got to do with anything ?

    If this was a newspaper then the poster would have to abide by the PCC Editor's code which doesn't allow the media to mention an individuals race unless it is specifically relevant to the story.

    Since this is a discussion forum, and not a newspaper, then it seems to me that there should be freedom of speech which is an individual's democratic right.

    Only a fascist would suggest that free speech not be allowed.

    Besides I find it quite interesting. If a Lithuanian has 10 rental properties, it demonstrates that there is opportunity for everybody in the UK.

    Unless there is something more to the story of course.
  • N1AK
    N1AK Posts: 2,903 Forumite
    First Post First Anniversary
    Sampong wrote: »
    Only a fascist would suggest that free speech not be allowed.

    And only a fool would equate a question about relevance with a suggestion about free speech being suspended. Good to know we have to you illustrate that point.

    Personally my first thought was that Conrad needs to get out more if that's where he's spending all his time; but I think we've known that for a while ;)
    Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...
  • IronWolf
    IronWolf Posts: 6,426 Forumite
    Combo Breaker First Post First Anniversary Name Dropper
    and I care why.....?
    Faith, hope, charity, these three; but the greatest of these is charity.
  • marathonic
    marathonic Posts: 1,778 Forumite
    First Anniversary Combo Breaker First Post
    N1AK wrote: »
    Personally my first thought was that Conrad needs to get out more if that's where he's spending all his time; but I think we've known that for a while ;)

    As a landlord, spending time in a lettings agency is part of your job. The whole "needing to get out more" is only relevant with what someone does with their spare time.

    Does a doctor 'need to get out more' because he's seen spending time in his surgery?
This discussion has been closed.
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