Rents, as predicted, on the up

Crashy_Time

andybenw wrote: »

Asking prices on spare room are rising round my way. These are prices that tend not to be haggled and are designed for extremely quick turnover of rooms so I take them as a reasonable indicator.

Of what, that people are struggling to pay the mortgage, or just generally struggling? !!!!!! would anyone want a stranger in their spare room?

Crashy_Time

Joeskeppi wrote: »

He's like a real life parody.

Anyway, good to know fictional bedsits with fictional landlords remain affordable

Starting to think that you are actually fictional Joeski :money:
:rotfl:

robmatic

Crashy_Time wrote: »

Of what, that people are struggling to pay the mortgage, or just generally struggling? !!!!!! would anyone want a stranger in their spare room?

Says Mr HMO Renter.

I took in a lodger when I first bought my flat because it gave me a tax-free income which was enough to cover my mortgage costs. I was basically living there for free for the first couple of years :beer:

mwpt

robmatic wrote: »

Says Mr HMO Renter.

I took in a lodger when I first bought my flat because it gave me a tax-free income which was enough to cover my mortgage costs. I was basically living there for free for the first couple of years :beer:

I took a lodger for the first year in my house too but no longer have one. I'd like to do so again but it doesn't suit our circumstances at the moment, hence why I was wondering about the possibility of building an annexe as lodger accommodation.

Crashy_Time

robmatic wrote: »

Says Mr HMO Renter.

I took in a lodger when I first bought my flat because it gave me a tax-free income which was enough to cover my mortgage costs. I was basically living there for free for the first couple of years :beer:

HMO renter? You must be mixing me up with someone else mate.

andybenw

Crashy_Time wrote: »

Of what, that people are struggling to pay the mortgage, or just generally struggling? !!!!!! would anyone want a stranger in their spare room?

The majority of rooms in spareroom are rooms in shared houses, not lodger rooms. So landlord owned properties generally.

Strangers in my spare room helped me smash down my mortgage and retire at 41, so there can be discernable benefits.

pathtofreedom

I have a couple of friends in london who've been told their rent is going up 20% soon due to the landlord tax changes, I'm sure the closer to april it gets the more renters will get hit by this.

caronoel

pathtofreedom wrote: »

I have a couple of friends in london who've been told their rent is going up 20% soon due to the landlord tax changes, I'm sure the closer to april it gets the more renters will get hit by this.

Unfortunately, I think you are right.

Landlords will have no option but to increase rents dramatically

westernpromise

caronoel wrote: »

Unfortunately, I think you are right.

Landlords will have no option but to increase rents dramatically

Some landlords. But others won't.