Landlords' Lament, the end of Section 21

MobileSaver

Arklight wrote: »

some probably will be spooked enough to sell up. Of course this will then add to the stock of houses for sale which will push down house prices and benefit renters trying to buy.

Do you think landlords selling up will benefit the majority of renters who actually want to rent? As is often the case, be careful what you wish for...

Jackmydad

MobileSaver wrote: »

Do you think landlords selling up will benefit the majority of renters who actually want to rent? As is often the case, be careful what you wish for...

We're out of it as of last month. One less house in the pool of local rentals.
Not because of this latest, but because it's not going to get any easier.
Tenant left with minimum notice (as is their right of course) after about 18 months tenancy.
Money spent on new carpet and decorating throughout.
Decided that was it.
I know another small landlord personally who is out of it.

Arklight

chucknorris wrote: »

What makes you think that I'm not aware of this, I've been a landlord for over 28 Years. In fact, my post made it very clear that I knew that tenants don't want to be tied into longer contracts.

Just because they aren't asking for longer contracts doesn't mean they are "happy" with Assured Shorthold Tenancies.

Arklight

Jackmydad wrote: »

We're out of it as of last month. One less house in the pool of local rentals.
Not because of this latest, but because it's not going to get any easier.
Tenant left with minimum notice (as is their right of course) after about 18 months tenancy.
Money spent on new carpet and decorating throughout.
Decided that was it.
I know another small landlord personally who is out of it.

One more in the pool of available houses to buy presumably? Unless you set fire to it after they moved out.

Cakeguts

It will probably lead to a private rental market where working tenants rent properties that were built to rent by big companies and people claiming the housing part of universal credit and those on low incomes will only have the choice of the rest of the rented housing that tends to consist of houses that no one wants to buy on the open market.



All the nicer properties owned by private landlords that are at present available to people who have had a fire or a flood in their owned properties or who want to rent for a short time before buying again will disappear from the market.



I can't see private landlords being interested in letting nice family homes in nice areas after this. They will just sell them instead.



I can see there being a big gap in the middle market. So expensive build to rent properties owned by large companies and properties in poor areas where buyers don't want to live and nothing else.

Jackmydad

Arklight wrote: »

One more in the pool of available houses to buy presumably? Unless you set fire to it after they moved out.

It's already sold to a young couple with the get up and go to buy for themselves.
But as I said one less property in the rental sector. What's done with it otherwise is not my concern.
Finished with renting here.
I don't want to be a social worker, I don't want to be on the end of a piece of string with an open cheque book for anything that goes wrong, or that the tenants do to the place.
Anyone who thinks it's "easy money" really has no idea.

bris

triathlon wrote: »

Just another stupid knee jerk reaction from a failing government that will in my views just make life harder for tenants. Nothing has changed with me, a tenant messes up my house, does not pay rent, gives me hassle or lip, is rude in anyway to others living on the street, then he/she is history and out of the door, nothing changes here if done right as far as I am concerned.

Yes I will admit you get the odd bad LL, but on the whole 90% plus of the tenants is at fault

Its Landlords like you who are targeted in this change. You are in for a big shock if you think nothing will change for you.


The changes are to be similar to the new Private Rental Agreements in Scotland. Now there is no revenge evictions so they can do what they want to you and your house and you're not getting rid of them easy. Talk big all you want but do it wrong and you will be the one that pays.


In Scotland there has to be at least 3 months rent arrears so you cant use section 8 if they are paying rent. there are a few ways to get rid of them legally but apart from anti social behaviour and rent arrears you are stuck with them if you intend to keep it a rental property.


The other thing in Scotland is there is only a start date and no end date, that means they can give notice in as little as 28 days, no more like it or lump if LL's are rogues. LL's well you can't give notice, that's the whole point. But GL sending the boys round when they give you lip.

Malthusian

Arklight wrote: »

One more in the pool of available houses to buy presumably?

Exactly, thus exacerbating the rental "crisis", especially as owner-occupiers take up more space than renters.

Hasbeen

Arklight wrote: »

One more in the pool of available houses to buy presumably? Unless you set fire to it after they moved out.

One less in the pool of available houses to rent presumably?:(

It is surprising the amount of people who do not want to buy but rent. It gives them more flexibility and less cost at certain areas of their lives.

triathlon

bris wrote: »

Its Landlords like you who are targeted in this change. You are in for a big shock if you think nothing will change for you.


The changes are to be similar to the new Private Rental Agreements in Scotland. Now there is no revenge evictions so they can do what they want to you and your house and you're not getting rid of them easy. Talk big all you want but do it wrong and you will be the one that pays.


In Scotland there has to be at least 3 months rent arrears so you cant use section 8 if they are paying rent. there are a few ways to get rid of them legally but apart from anti social behaviour and rent arrears you are stuck with them if you intend to keep it a rental property.


The other thing in Scotland is there is only a start date and no end date, that means they can give notice in as little as 28 days, no more like it or lump if LL's are rogues. LL's well you can't give notice, that's the whole point. But GL sending the boys round when they give you lip.

Why do you and you little friends have to always make things up, I don't need any "boys" to send anywhere. I have also no desire to throw anyone out or get involved in their lives at all, nor do I wish to, there are very few of them that I would want to have a pint with as I have pointed out before.

I am also sure that there has been a handful of revenge evictions, but it is so rare and not on the same scale as troublesome tenants, yet another urban myth from sites like HPC.com. It is quite simple, they pay their rent, behave and treat my properties well and we will have no problems, but if you don't, trust me you and tenants like you are out on their ear and without the need for any "boys", no laws will change that fact, you don't mess with and I won't with you