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Gap in the Market
Comments
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In 15 years of private renting, I had to move 3 times - each time because the landlord was selling up 😔RelievedSheff said:
Trouble being that could all change at the whim of your landlord.Slithery said:SpiderLegs said:
The average tenancy length is around 4 years.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
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.
Not saying it will but it could.0 -
As long as you want to stay, a place you can settle in, improve, not worry about the landlord selling upSpiderLegs said:
What length do you consider to be a long term tenancy?gabby71 said:
I’m unsure how that comment relates?SpiderLegs said:
The average tenancy length is around 4 years.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 tenancy0 -
In which case I'll find a new rental, it's no bother. I've owned property before for less time than I've lived here and I was forced to move then because of a relationship breakdown. I've never once been served notice from a LL in 5+ rentals, I've always ended the tenancies when I wanted to move.RelievedSheff said:
Trouble being that could all change at the whim of your landlord.Slithery said:SpiderLegs said:
The average tenancy length is around 4 years.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
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.
Not saying it will but it could.
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It’s great that it suits you, evidently this thread isn’t applicable to you 🤔Slithery said:
In which case I'll find a new rental, it's no bother. I've owned property before for less time than I've lived here and I was forced to move then because of a relationship breakdown. I've never once been served notice from a LL in 5+ rentals, I've always ended the tenancies when I wanted to move.RelievedSheff said:
Trouble being that could all change at the whim of your landlord.Slithery said:SpiderLegs said:
The average tenancy length is around 4 years.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
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.
Not saying it will but it could.0 -
Thats called owning a property!gabby71 said:
As long as you want to stay, a place you can settle in, improve, not worry about the landlord selling upSpiderLegs said:
What length do you consider to be a long term tenancy?gabby71 said:
I’m unsure how that comment relates?SpiderLegs said:
The average tenancy length is around 4 years.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 tenancy1 -
What you are suggesting is pure fantasy.gabby71 said:
As long as you want to stay, a place you can settle in, improve, not worry about the landlord selling upSpiderLegs said:
What length do you consider to be a long term tenancy?gabby71 said:
I’m unsure how that comment relates?SpiderLegs said:
The average tenancy length is around 4 years.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 tenancy0 -
Not everyone is in a position to buy a property - if you read my original post it may clarify things for you 🙄RelievedSheff said:
Thats called owning a property!gabby71 said:
As long as you want to stay, a place you can settle in, improve, not worry about the landlord selling upSpiderLegs said:
What length do you consider to be a long term tenancy?gabby71 said:
I’m unsure how that comment relates?SpiderLegs said:
The average tenancy length is around 4 years.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 tenancy0 -
Your landlord could be forced to sell due to a relationship breakdown. Wouldn't be your fault but would mean you had to move.Slithery said:
In which case I'll find a new rental, it's no bother. I've owned property before for less time than I've lived here and I was forced to move then because of a relationship breakdown. I've never once been served notice from a LL in 5+ rentals, I've always ended the tenancies when I wanted to move.RelievedSheff said:
Trouble being that could all change at the whim of your landlord.Slithery said:SpiderLegs said:
The average tenancy length is around 4 years.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
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.
Not saying it will but it could.
Just because you have not personally been served notice to leave that doesn't mean that it doesn't happen.
Agreed some people do have to sell property due to personal circumstances but that is usually an informed decision to sell rather than a forced sale.0 -
Seems not - previous poster Amandacat has confirmed there are developments specifically for long term renters- seems like some developers are jumping on 👍🏼SpiderLegs said:
What you are suggesting is pure fantasy.gabby71 said:
As long as you want to stay, a place you can settle in, improve, not worry about the landlord selling upSpiderLegs said:
What length do you consider to be a long term tenancy?gabby71 said:
I’m unsure how that comment relates?SpiderLegs said:
The average tenancy length is around 4 years.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 tenancy0 -
What about external forces?gabby71 said:
As long as you want to stay, a place you can settle in, improve, not worry about the landlord selling upSpiderLegs said:What length do you consider to be a long term tenancy?
If the landlord is an individual, he may have financial woes elsewhere in his life that force a sale; perhaps a divorce, unemployment, or his main business fails. He may have health issues or even die. He may simply want to retire.
If the landlord is a company, they may have financial issues. They may be taken over. Their owners may close them down or decide to move into another line of business.
The property may fall under a CPO if the area is being redeveloped, or for a big infrastructure project like HS2 or Crossrail. Or it may be rendered uninhabitable by an external problem - maybe a gas explosion next door, or a vehicle crashing into it.
And, yes, that last category could apply to an owned property, too. Or to a public-sector tenancy.0
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