Time to start whacking those rent prices up?

jebervic

Turnbull2000 wrote: »

To rent at a higher cost, or simply unsavoury tenants that you wanted out?

Housing benefit rules change in April, I don't want to be lumbered with a tenant who can't pay rent, im not a social landlord. Looking to do a couple of improvements and get a young professional couple in. Never had a void period round here (fingers crossed I never will, however I am more than covered if the need arises)

jebervic

izzybusy23 wrote: »

Isn't serving an S21 before commencement of a tenancy abit underhand???

Greed will be your undoing my friend.

You can't serve a S21 before a tenancy commences, A S21 is generally served about 3 months before the end of an AST, although many LL and LA often serve at the commencement of the tenancy.

How do you equate renting a property as greed?, my tenants probaby have a safer more regukated home than I do.

dolce_vita

dolce_vita wrote: »

What?

are you saying that when you renewed a tenancy, the rent was lower than it was before?

Biggie - are you going to answer this question.

beingjdc

jebervic wrote: »

£750-£800 is an absolute minimum in Watford/Rickmansworth

Really?

http://www.findaproperty.com/displayprop.aspx?edid=00&salerent=1&pid=234737&agentid=09961

Still at something of a loss as to where these rich Eastern Europeans are coming from who can afford £100 more. Most of my friends renting in London simply don't have any spare money to pay rent increases - remember that 'demand' in economics is demand that people can express in cash. It's not called 'supply and aspiration'.

Gorgeous_George

It is always possible that rent may be lower than before as rent is negotiable at the start of every tenancy and some people are better negotiators than others.

Good negotiating skills are valuable in most market places.

GG

Chollita

jebervic wrote: »

£750-£800 is an absolute minimum in Watford/Rickmansworth

Yup. And at those prices I can't afford to buy or rent in my home town. Not that I'd want to:rotfl:

I wonder how much all these BTL people have driven up the market and helped to not only make it impossible for others to buy, but then force them to pay extortionate rents? Since if we can't buy, we have to rent ...

jebervic

beingjdc wrote: »

Really?

http://www.findaproperty.com/displayprop.aspx?edid=00&salerent=1&pid=234737&agentid=09961

Still at something of a loss as to where these rich Eastern Europeans are coming from who can afford £100 more. Most of my friends renting in London simply don't have any spare money to pay rent increases - remember that 'demand' in economics is demand that people can express in cash. It's not called 'supply and aspiration'.

Thats a 1 bed flat my friend, im talking about a 3 bed house

but hey £650 for a 1 bed flat, the price of a 3 bed house almost anywhere else.

Gorgeous_George

beingjdc wrote: »

Really?

http://www.findaproperty.com/displayprop.aspx?edid=00&salerent=1&pid=234737&agentid=09961

Still at something of a loss as to where these rich Eastern Europeans are coming from who can afford £100 more. Most of my friends renting in London simply don't have any spare money to pay rent increases - remember that 'demand' in economics is demand that people can express in cash. It's not called 'supply and aspiration'.

That's hardly a house!

Many East Europeans will work 90 hours a week to EARN their money (often cash-in-hand) and save on rent by sharing houses.

GG

jebervic

Chollita wrote: »

Yup. And at those prices I can't afford to buy or rent in my home town. Not that I'd want to:rotfl:

I wonder how much all these BTL people have driven up the market and helped to not only make it impossible for others to buy, but then force them to pay extortionate rents? Since if we can't buy, we have to rent ...

You have the same opportunity to own two homes if you want to, we all start off with nothing, but you reap what you sow. There are those that are happy to take what is not theirs or prefer everyting to be handed to them on a plate. Why resent the actions of those who are prepared to work hard and make plans for their own retirement.

As GG says- the eastern europeans are prepared to EARN their money, the British (yes im British) expect everything as a devine right.

dolce_vita

I have been a landlord of several properties for over 20 years and I have never let a property on a new tenancy for less rent than a previous tenant had paid.