Gap in the Market

gabby71

For people who are unable to buy a property and have a slim chance of getting a housing association property (or don’t want to live on a housing association estate) the only option is private renting where you are at risk of getting notice to leave at any time, can’t really make it your own or put down roots...I’m surprised the government/developers haven’t realised there are many out there who would jump at the opportunity to have the chance of a guaranteed long term tenancy

blue_max_3

Have you ever been a renter or a landlord? So many reasons why this is unlikely to happen.

greatcrested

Oh for the good old days back in the 1970s..........

amandacat

I’ve seen a lot of rental houses on  rightmove that are offered on a rent to buy scheme, I don’t know much about this but worth looking into.
I also saw a new build development that was offered specifically for private renters with long term rental guarantees. 
Not sure if these are throughout the country but it appears there are schemes in place in some areas. 

gabby71

amandacat said:

I’ve seen a lot of rental houses on  rightmove that are offered on a rent to buy scheme, I don’t know much about this but worth looking into.
I also saw a new build development that was offered specifically for private renters with long term rental guarantees. 
Not sure if these are throughout the country but it appears there are schemes in place in some areas. 

That’s interesting - what part of the country did you see the new build development offering long term rentals? I’m in Wales and haven’t seen anything like that so far, but it’s good to know it is actually something that is being offered 

gabby71

blue_max_3 said:

Have you ever been a renter or a landlord? So many reasons why this is unlikely to happen.

Only rented, never been a landlord 

SpiderLegs

gabby71 said:

For people who are unable to buy a property and have a slim chance of getting a housing association property (or don’t want to live on a housing association estate) the only option is private renting where you are at risk of getting notice to leave at any time, can’t really make it your own or put down roots...I’m surprised the government/developers haven’t realised there are many out there who would jump at the opportunity to have the chance of a guaranteed long term tenancy

The average tenancy length is around 4 years.

gabby71

SpiderLegs said:

gabby71 said:

For people who are unable to buy a property and have a slim chance of getting a housing association property (or don’t want to live on a housing association estate) the only option is private renting where you are at risk of getting notice to leave at any time, can’t really make it your own or put down roots...I’m surprised the government/developers haven’t realised there are many out there who would jump at the opportunity to have the chance of a guaranteed long term tenancy

The average tenancy length is around 4 years.

I’m unsure how that comment relates?

Slithery

SpiderLegs said:

gabby71 said:

For people who are unable to buy a property and have a slim chance of getting a housing association property (or don’t want to live on a housing association estate) the only option is private renting where you are at risk of getting notice to leave at any time, can’t really make it your own or put down roots...I’m surprised the government/developers haven’t realised there are many out there who would jump at the opportunity to have the chance of a guaranteed long term tenancy

The average tenancy length is around 4 years.

Yep. Been in mine 50 months now and no sign of the landlord wanting to kick me out. No rent increase in all that time either.

SpiderLegs

gabby71 said:

SpiderLegs said:

gabby71 said:

For people who are unable to buy a property and have a slim chance of getting a housing association property (or don’t want to live on a housing association estate) the only option is private renting where you are at risk of getting notice to leave at any time, can’t really make it your own or put down roots...I’m surprised the government/developers haven’t realised there are many out there who would jump at the opportunity to have the chance of a guaranteed long term tenancy

The average tenancy length is around 4 years.

I’m unsure how that comment relates?

What length do you consider to be a long term tenancy?

RelievedSheff

Slithery said:

SpiderLegs said:

gabby71 said:

For people who are unable to buy a property and have a slim chance of getting a housing association property (or don’t want to live on a housing association estate) the only option is private renting where you are at risk of getting notice to leave at any time, can’t really make it your own or put down roots...I’m surprised the government/developers haven’t realised there are many out there who would jump at the opportunity to have the chance of a guaranteed long term tenancy

The average tenancy length is around 4 years.

Yep. Been in mine 50 months now and no sign of the landlord wanting to kick me out. No rent increase in all that time either.

Trouble being that could all change at the whim of your landlord. 

Not saying it will but it could.