If we are going to have rent control for tenants maybe we should also have mortgage rate control for landlords. They are directly connected. Rates go up, rents go up.
What you mean is that parasitic ‘landlords’ want someone else (the renter) to pay their mortgage for them, so at the end they have a free property paid for by the renter - who they then kick out.
@@greenandpleasant5523 I dont think it occurs to Right Wingers either. They all think that raising interest rates somehow helps the little guy (inflation yada yada), but it hurts the little guy a lot in rising rents. Housing debt has to be paid for so if rates go up, rents go up, and if it cant be paid for landlords sell up, and if they sell up, supply goes down and rents go up.
@@glostergloster6945 raising rates DOES help the little guy, since lower rates means much higher entry costs, causing spiralling prices to buy a home. there are two options, Lower rates and much higher house prices, Or higher rates, and lower house prices. You can not have both. it is one or the other. Presently, the biggest issue facing the masses is being priced out the markets entirely unable to buy a home at all. to fix that we need higher rates. Landlords increasing rents to cover newer rates, is a reflection of those landlords being over debated, should have not bought rental with such large mortgages. My rental i own outright. so the rate rises mean nothing to me at all when it comes to prices rents. Too many people for years have lapped up the cheap debt, buying homes that were well out of their income ranges, and now face the reality of rate normalisation. landlords with little to no foresight did the same. Let them all fail. let the markets normalise for everyone.
shouldn't be so greedy expecting tenants to not only pay the mortgage for you but give you extra on top. disgusting rents are now higher than a mortgage payment.
Now you can't get them out without going through a lengthy and expensive court process. I had enough and sold my rental property when they were just stating to make noises about this current legislation, now it has come in I know many others who are doing the same, it just isn't worth the risk any longer.
Well it didn't between 1915 and 1990, there were competent tribunals convened. These dealt with averages of local rents. Unfortunately you are either ignorant which I hope. Alternatively you are lying.
@@ScruffyTubbles The quality of rental properties during that time was pretty shocking in many cases. Currently landlords are faced with the realisation that they aren't making any money so the just sell up. Also it massively reduces the amount of money going into the building sector ending with a lot less houses being built. That has already happened with the number of new residential build starts this year dropping by 30%. Rental property just isn't a good investment now so that investment cash is going elsewhere.
The claim that introducing regulations and protections for tenants will cause buy-to-let investors to sell off properties, reducing the number of available rentals, is unrealistic. In fact, buy-to-let investors are a major factor driving up property prices, inflating the market, and making housing increasingly unaffordable. If they were to exit the market, it’s likely we would see a cooling of property prices, making homeownership more attainable for tenants who are currently priced out.
In the early 1980's the private rented sector did not exist because tenants had too many right (Rent Act protected). Mrs Thatcher decided to do something about this and gave power to potential landlords to buy property and rent it out in the knowledge that they could get it back should they want to and charge a market rent. There is a real danger that if you give too many right to tenants will force landlords out of the market and they there on't be any properties to rent.
The vast majority of tenants would rather buy, I welcome the price crash that would follow, I welcome young people getting a chance to own their own home. The homes are still there if landlords sell them.
@@Dongobog-ps9tz Price won't crash though, not to any appreciable extent and the lack of money being invested into the housing market will just mean a lot less housing being built. In my area flats that used to get snapped up as investment properties are now empty for months even years waiting to sell. Most can't even afford the build cost price let alone the developer actually making any money. Governments messing with markets is always a disaster and the housing market is one of the worst to have turned on its head.
@@schrodingerscat1863 There are plenty of people eager to buy their first homes. The price pressure is artificial. The reason homes aren't being built is restrictive planning laws.
@@Dongobog-ps9tz Planning laws is only half the problem, there are literally hundreds of project with planning permission granted being shelved because investors are getting cold feet. It costs a lot of money to build houses and there has to be a reasonable chance of making a bit of profit. All the uncertainty created by this government's meddling is making it way too risky.
@@SpeedfreakUK actually we can. The BOE bought 875 bln worth of bonds through its QE program. The treasury gives the pays about 40 billion a year as the Bank of England pays interest on reserve deposits they are required to hold. Hinkley point C will cost about 46 billion. But NIMBYs dont want power stations that would result in lower bills an high skilled workers. If we build enough of them, we could export power to europe. the 40 billion was how farage was going to pay for increasing the tax alowances.
If there are 100 people and 10,000 apples in the market, apples are cheap. Buddy what's happened to apple prices? Degrees seem so overrated, i mean i got a home i got a business, i ain't got a cost of living crisis, i left school at 16. Unfortunately, too many people with nice looking certificates are running the country.
Homelessness around the corner for 10s of thousands. Landlords are already ditching the rental market, meaning that hose that do remain can charge anything they want, since they will now have little competition. supply and demand. if they then try to introduce rental caps. then you will see the end of the rental market, leaving untold numbers of renters with no where to live.
It is literally round the corner for me as I only have a week left on my tenancy and received a Section 21 a couple of months ago. I am nearly 66, and things look completely hopeless for me. I wish I could just not wake up in the morning so it would all be over.
@@templar930 No, you don't get it, landlords on mass are leaving the sector. it is not as likely to be bought by another landlord. as it was in the past. could it be bought by and other, sure. though at a much lower chance, However, here is the thing, typically by landlords with huge property portfolios, that can afford to spread the cost of all the added bureaucracy, the types that do not care about the tenants, since they know they have countless other properties to bring in the income. so more likely to neglect them. So for it being sold. yes is adds to the housing stock for BUYERS, not for renters, if it is moved from the rental market to the owner market, it still reduces the number of rentals. as such reduces rental supply. as such increases rents
@@MinkieWinkle i do get it more than you i bet i work in the sector. i promise you this will help renters, something its meant to do. Scotland doesn't count its too small for the effect needed.
Here is what they could do. Have a sort of pension style housing deposit scheme where those who dont have comes can pay in to buy their first home. This money will be taken from your salary before tax in to a savings account. The only real safety is housing is to buy your own home.
Renters are currently being kicked out en masse as landlords are selling up and getting out of the property game all together. Expect rents to go sky high over the next year as scarcity increases and remaining landlords factor in all the risks the new legislation introduces. People seem to think that being a landlord is just siting back and waiting for the money to roll in not realising the amount of capital tied up in a rental property, the risks involved and the return needed on that to make it a worthwhile venture.
Is it just me who thinks that landlords should have every right to evict tenants, for any reason, as long as they give 2 or 3 months' notice? I say this as a renter.
This is going to backfire on Labour and activists. I know three landlords who have sold twelve rental properties because they know what's coming. They were good landlords who had good tenants. What will be left are bad landlords, bad properties, fewer properties and higher rents.
Rent control means landlords leaving by selling up. S21 going just means making tenants leave by other means. Any further interference by government will just make LL leave the market - less property on the market, more homeless. Most LL can sell up today and make more from the sale and in bank interest than rent will pay them - without the hassle.
If living in fear just buy own pissing house for god sake! It’s a private market - no landlord has ever forced a tenant to live in their properties. Rent control hasn’t work in Edinburgh. Love people who can only complain about things when they never provided a single unit of accommodation in their life, refurb a property - I bet that guy has never even painted a house. What about food price control, or price of gig tickets - face it we live in capitalist society in the UK. One reason rents are high is because landlords are taxed massively these days.. we get no tax breaks / no public subsidy like housing associations do.. that’s guy was so woke it was unbelievable.
@@ScruffyTubbles Hi Scruffy Why be abusive stating deliberate lies. Can you have a discussion or do you always have to be abusive because your argument is simply unsubstantiated opinion- so what was your experience of the rental market between 1977 1988 - there was no real rental market. The 1988 Housing Act was brought in to create a mobile workforce, not restricted by the illiquidity if the residential ownership market. Between 1977 and 1988 no "normal" person rented theoir house and buy to let was virtually non-existent. If you rented your property the amount of rent you could charge was controlled and you could not get possession. You need to encourage landlords to supply then the market expands. Supply and demand deterimines the rents. If you penalise landlords the supply shrinks and rents increase. If you control rents landlords exit and the rental market shrinks.
@@craignewell5728 You ramble. But the fact is that RA 1977 created a proper professional market not an amateurs scramble for capital profits - in it for the long term. Re your comments: "....The 1988 Housing Act was brought in to create a mobile workforce, not restricted by the illiquidity if the residential ownership market. " No it was not. It was brought in to heat up the housing market that had failed after MIRAS and Interest Rate problems.
What you have to remember firstly is the system is broken, not the landlords or the tenants. There are unscrupulous landlords and tenants. What's needed is remove this language, landlord bad, tenant good. Ask yourself why rents are rising? The majority of tenants have no idea about the costs to run a decent property and the tax take from the government, believe it or not but most rentals make a loss, yep a loss . Rent controls do not work, you cannot prevent market forces, this has never succeeded. Germany and Denmark are two vastly different countries. What's needed is vast investments in social housing at affordable prices, this would push rents down everywhere.
30 % London landlords are lelling out ...... becouse all those stupid rules and taxes ........ we will have less houses to rent and the rents will go up....
Who is going to rent to you?? Not private landlords, so it will be banks and so on who are buying up all the buy to lets, they have 100s of thousands..do yyou think they will care about tenants.
For whatever reason the Tories spent years hemming and hawing and fumbling over this one. The worst outcome as many landlords got jittery and evicted tenants in order to sell homes, but they never actually introduced the legislation that would protect the renters. Absolute muppets
@@Dongobog-ps9tzif there are 10 houses and 11 families then what does it change if they rent or own bud? Or does home ownership increase house supply? You know the thing that we don't have a lot of
@@jackster2568 If they own then they get to pay the lower priced mortgage, build equity, and save, instead of giving a substantial premium to a rent seeking parasite
@@Dongobog-ps9tz too bad for uni students then, mortgage and student loans? Good luck. 6 Month contract on the other side of the country? Mortgage. Housing shortage? Everyone Welcome. Party? Labour.
Most people in Switzerland rent, home owners are a minority and Switzerland is not falling apart. It would be nice if you could get it through your thick skull that supply and demand is a thing and increasing the population by half a million every year is only increasing the demand.
@@jackster2568 I never said I was ok with increasing the population so much, as a matter-of-fact I’m very much against immigration, especially at such moronic levels. Also, that may work for Switzerland but it won’t work here for a variety of economic reasons but also property is the primary mechanism for building generational wealth among the middle class. Yes, supply and demand is a thing and a factor, but regardless 1/5 houses being a rental property is way too high. Oh, and if you could get it through your thick skull that you shouldn’t ever assume, you will look less dumb in the future.
This guest is deluded. Before all the government tinkering with section24 etc. Rents were reasonable as there was a balance between supply and demand. Landlords have been been heavily vilified and legislated against more and more, over the years, driving out good landlords, who have a choice where to invest their money. The result is a chronic shortage in supply, resulting in sky rocketing rent. What's worse is the renter lobbyists are still not reading the room, wake up, your are only making it worse by driving out good landlords, leaving the very few bad, who don't follow rules anyway.
Just issued 4 x no fault inviction notices to very good tenants!!! 😢 Time to get out of the landlords buisness. Selling 5x property’s! And will pay the stupid theft taxes that Labour want! Tenants in tears!!! 🥴😤🫣🤬🤬🤬🤬🤬
All I can say is I'm nearly 66 and I've received a Section 21 and have about a week left on my tenancy. I've got no prospect of finding somewhere to move to because of the severe housing shortage and astronomical rents. I've been to the council, but they haven't done much and will only help me if I go through the eviction process with the bailiffs. I'm thinking that self-deletion is the best thing I can do to end this complete nightmare.
If we are going to have rent control for tenants maybe we should also have mortgage rate control for landlords. They are directly connected. Rates go up, rents go up.
What you mean is that parasitic ‘landlords’ want someone else (the renter) to pay their mortgage for them, so at the end they have a free property paid for by the renter - who they then kick out.
Exactly. But that wouldn’t occur to left wingers.
@@greenandpleasant5523 I dont think it occurs to Right Wingers either. They all think that raising interest rates somehow helps the little guy (inflation yada yada), but it hurts the little guy a lot in rising rents. Housing debt has to be paid for so if rates go up, rents go up, and if it cant be paid for landlords sell up, and if they sell up, supply goes down and rents go up.
@@glostergloster6945 raising rates DOES help the little guy, since lower rates means much higher entry costs, causing spiralling prices to buy a home.
there are two options, Lower rates and much higher house prices,
Or higher rates, and lower house prices.
You can not have both. it is one or the other.
Presently, the biggest issue facing the masses is being priced out the markets entirely unable to buy a home at all. to fix that we need higher rates.
Landlords increasing rents to cover newer rates, is a reflection of those landlords being over debated, should have not bought rental with such large mortgages.
My rental i own outright. so the rate rises mean nothing to me at all when it comes to prices rents.
Too many people for years have lapped up the cheap debt, buying homes that were well out of their income ranges, and now face the reality of rate normalisation. landlords with little to no foresight did the same. Let them all fail.
let the markets normalise for everyone.
shouldn't be so greedy expecting tenants to not only pay the mortgage for you but give you extra on top. disgusting rents are now higher than a mortgage payment.
What about the renters who don't pay their rent or trash the property then walk out with all your white goods. No recourse for them!
Now you can't get them out without going through a lengthy and expensive court process. I had enough and sold my rental property when they were just stating to make noises about this current legislation, now it has come in I know many others who are doing the same, it just isn't worth the risk any longer.
Absolute fool, this guest. Landlords will sell up.
to who? other landlords that will follow the new rules? nice one.
@@koffee3816 to people who can afford to buy a home to live in.
@@koffee3816 New landlords will only buy if they can make a profit, if they cant, they wont
GOOD
It will mean no new landlords or re purchasing. Causing stagnation in the rental market. Enjoy corporate landlords
rent control, what a genius idea that has only ever produced slums!
Well it didn't between 1915 and 1990, there were competent tribunals convened. These dealt with averages of local rents.
Unfortunately you are either ignorant which I hope. Alternatively you are lying.
@@ScruffyTubbles The quality of rental properties during that time was pretty shocking in many cases. Currently landlords are faced with the realisation that they aren't making any money so the just sell up. Also it massively reduces the amount of money going into the building sector ending with a lot less houses being built. That has already happened with the number of new residential build starts this year dropping by 30%. Rental property just isn't a good investment now so that investment cash is going elsewhere.
It’s so funny when you undestand what’s actually being proposed. You want to hurt landlords and also tenants. And this will hurt both.
The claim that introducing regulations and protections for tenants will cause buy-to-let investors to sell off properties, reducing the number of available rentals, is unrealistic. In fact, buy-to-let investors are a major factor driving up property prices, inflating the market, and making housing increasingly unaffordable. If they were to exit the market, it’s likely we would see a cooling of property prices, making homeownership more attainable for tenants who are currently priced out.
It's already happening and the reduction in investment into the housing market has caused a crash in new residential builds.
Nothing quite like emotive language "major factor" great numbers to back up your claims
In the early 1980's the private rented sector did not exist because tenants had too many right (Rent Act protected). Mrs Thatcher decided to do something about this and gave power to potential landlords to buy property and rent it out in the knowledge that they could get it back should they want to and charge a market rent. There is a real danger that if you give too many right to tenants will force landlords out of the market and they there on't be any properties to rent.
The vast majority of tenants would rather buy, I welcome the price crash that would follow, I welcome young people getting a chance to own their own home. The homes are still there if landlords sell them.
@@Dongobog-ps9tz Price won't crash though, not to any appreciable extent and the lack of money being invested into the housing market will just mean a lot less housing being built. In my area flats that used to get snapped up as investment properties are now empty for months even years waiting to sell. Most can't even afford the build cost price let alone the developer actually making any money. Governments messing with markets is always a disaster and the housing market is one of the worst to have turned on its head.
@@schrodingerscat1863 There are plenty of people eager to buy their first homes. The price pressure is artificial. The reason homes aren't being built is restrictive planning laws.
@@Dongobog-ps9tz Planning laws is only half the problem, there are literally hundreds of project with planning permission granted being shelved because investors are getting cold feet. It costs a lot of money to build houses and there has to be a reasonable chance of making a bit of profit. All the uncertainty created by this government's meddling is making it way too risky.
@@Dongobog-ps9tzyou're so wrong, and people like me will suffer because of your ignorance
It won’t change anything loop holes are plenty . Landlord could say they selling the house lol then wait for house to be empty and take off market
Building millions of new quality flats is the way to get rents down.
I thought this, but it would increase the cost of other things such as energy IMO. Might be better to put to use abandoned housing stock.
@@m0o0n0i0r oh no, higher energy costs! I guess we can’t do anything then, might as well give up.
@@SpeedfreakUK actually we can. The BOE bought 875 bln worth of bonds through its QE program. The treasury gives the pays about 40 billion a year as the Bank of England pays interest on reserve deposits they are required to hold. Hinkley point C will cost about 46 billion. But NIMBYs dont want power stations that would result in lower bills an high skilled workers. If we build enough of them, we could export power to europe. the 40 billion was how farage was going to pay for increasing the tax alowances.
If there are 100 people and 10,000 apples in the market, apples are cheap. Buddy what's happened to apple prices? Degrees seem so overrated, i mean i got a home i got a business, i ain't got a cost of living crisis, i left school at 16. Unfortunately, too many people with nice looking certificates are running the country.
Homelessness around the corner for 10s of thousands.
Landlords are already ditching the rental market, meaning that hose that do remain can charge anything they want, since they will now have little competition. supply and demand.
if they then try to introduce rental caps. then you will see the end of the rental market, leaving untold numbers of renters with no where to live.
@MinkieWinkle I agree. I'm 'shouting at the radio'. As a private renter, Starma and co. are messing with my life 😳😔
It is literally round the corner for me as I only have a week left on my tenancy and received a Section 21 a couple of months ago. I am nearly 66, and things look completely hopeless for me. I wish I could just not wake up in the morning so it would all be over.
Nonesense, they dont destroy the house, it either goes to another landlord or brought by some one who wants to live there. meaning more supply
@@templar930 No, you don't get it, landlords on mass are leaving the sector. it is not as likely to be bought by another landlord. as it was in the past.
could it be bought by and other, sure. though at a much lower chance, However, here is the thing, typically by landlords with huge property portfolios, that can afford to spread the cost of all the added bureaucracy, the types that do not care about the tenants, since they know they have countless other properties to bring in the income. so more likely to neglect them.
So for it being sold. yes is adds to the housing stock for BUYERS, not for renters, if it is moved from the rental market to the owner market, it still reduces the number of rentals. as such reduces rental supply. as such increases rents
@@MinkieWinkle i do get it more than you i bet i work in the sector. i promise you this will help renters, something its meant to do. Scotland doesn't count its too small for the effect needed.
Here is what they could do. Have a sort of pension style housing deposit scheme where those who dont have comes can pay in to buy their first home. This money will be taken from your salary before tax in to a savings account. The only real safety is housing is to buy your own home.
Renters are currently being kicked out en masse as landlords are selling up and getting out of the property game all together. Expect rents to go sky high over the next year as scarcity increases and remaining landlords factor in all the risks the new legislation introduces. People seem to think that being a landlord is just siting back and waiting for the money to roll in not realising the amount of capital tied up in a rental property, the risks involved and the return needed on that to make it a worthwhile venture.
Is it just me who thinks that landlords should have every right to evict tenants, for any reason, as long as they give 2 or 3 months' notice? I say this as a renter.
This is going to backfire on Labour and activists. I know three landlords who have sold twelve rental properties because they know what's coming. They were good landlords who had good tenants. What will be left are bad landlords, bad properties, fewer properties and higher rents.
Rent control means landlords leaving by selling up. S21 going just means making tenants leave by other means. Any further interference by government will just make LL leave the market - less property on the market, more homeless. Most LL can sell up today and make more from the sale and in bank interest than rent will pay them - without the hassle.
If living in fear just buy own pissing house for god sake! It’s a private market - no landlord has ever forced a tenant to live in their properties. Rent control hasn’t work in Edinburgh. Love people who can only complain about things when they never provided a single unit of accommodation in their life, refurb a property - I bet that guy has never even painted a house.
What about food price control, or price of gig tickets - face it we live in capitalist society in the UK.
One reason rents are high is because landlords are taxed massively these days.. we get no tax breaks / no public subsidy like housing associations do.. that’s guy was so woke it was unbelievable.
How about reducing taxes and firing some politicians who are to be blamed for this mess in the first place?
Rack renting - saying “I’m putting your rent up. Swallow it or deal with homelessness” - used to be illegal for good reason
This will reduce rental property and push rents up.
Watch the number of landlords sell up or convert their properties to short term holiday let’s.
You do know that when we had rent control we had no proper rental market.
Simply wrong. Ignorance or deliberate lies.
@@ScruffyTubbles Hi Scruffy Why be abusive stating deliberate lies. Can you have a discussion or do you always have to be abusive because your argument is simply unsubstantiated opinion- so what was your experience of the rental market between 1977 1988 - there was no real rental market. The 1988 Housing Act was brought in to create a mobile workforce, not restricted by the illiquidity if the residential ownership market. Between 1977 and 1988 no "normal" person rented theoir house and buy to let was virtually non-existent. If you rented your property the amount of rent you could charge was controlled and you could not get possession. You need to encourage landlords to supply then the market expands. Supply and demand deterimines the rents. If you penalise landlords the supply shrinks and rents increase. If you control rents landlords exit and the rental market shrinks.
@@craignewell5728 You ramble. But the fact is that RA 1977 created a proper professional market not an amateurs scramble for capital profits - in it for the long term.
Re your comments:
"....The 1988 Housing Act was brought in to create a mobile workforce, not restricted by the illiquidity if the residential ownership market. "
No it was not. It was brought in to heat up the housing market that had failed after MIRAS and Interest Rate problems.
@@ScruffyTubblesYou're a cretin if you think rent controls woel
What you have to remember firstly is the system is broken, not the landlords or the tenants. There are unscrupulous landlords and tenants. What's needed is remove this language, landlord bad, tenant good. Ask yourself why rents are rising? The majority of tenants have no idea about the costs to run a decent property and the tax take from the government, believe it or not but most rentals make a loss, yep a loss . Rent controls do not work, you cannot prevent market forces, this has never succeeded. Germany and Denmark are two vastly different countries. What's needed is vast investments in social housing at affordable prices, this would push rents down everywhere.
30 % London landlords are lelling out ...... becouse all those stupid rules and taxes ........ we will have less houses to rent and the rents will go up....
Look at little Jay. Never done a days work in his life.
It’s not an eviction if the contract ends. What are they playing at?
if LL have all sold up to first time buyers renters will have nothing to rent ... be careful what you wish for!!
All about London. The rest of the country is different and renters will suffer when private landlords sell up.... like me.
Who is going to rent to you?? Not private landlords, so it will be banks and so on who are buying up all the buy to lets, they have 100s of thousands..do yyou think they will care about tenants.
What he forgets is that rents are at lot lower in those countries he mentioned.
For whatever reason the Tories spent years hemming and hawing and fumbling over this one. The worst outcome as many landlords got jittery and evicted tenants in order to sell homes, but they never actually introduced the legislation that would protect the renters.
Absolute muppets
I’m selling my rental this year. Thanks Labour 👍
Good, I hope a first time buyer gets it.
@@Dongobog-ps9tzunlikely 😉
@@Dongobog-ps9tzif there are 10 houses and 11 families then what does it change if they rent or own bud? Or does home ownership increase house supply? You know the thing that we don't have a lot of
@@jackster2568 If they own then they get to pay the lower priced mortgage, build equity, and save, instead of giving a substantial premium to a rent seeking parasite
@@Dongobog-ps9tz too bad for uni students then, mortgage and student loans? Good luck. 6 Month contract on the other side of the country? Mortgage.
Housing shortage? Everyone Welcome.
Party? Labour.
Why do idiots always push for rent controls when it has only ever produced bad results? Lunacy!
Good luck renters a tsunami of evictions incoming
1 in 5 houses is a rental property. This. Is. Too. Many.
Most people in Switzerland rent, home owners are a minority and Switzerland is not falling apart. It would be nice if you could get it through your thick skull that supply and demand is a thing and increasing the population by half a million every year is only increasing the demand.
@@jackster2568 I never said I was ok with increasing the population so much, as a matter-of-fact I’m very much against immigration, especially at such moronic levels. Also, that may work for Switzerland but it won’t work here for a variety of economic reasons but also property is the primary mechanism for building generational wealth among the middle class. Yes, supply and demand is a thing and a factor, but regardless 1/5 houses being a rental property is way too high.
Oh, and if you could get it through your thick skull that you shouldn’t ever assume, you will look less dumb in the future.
This guest is deluded. Before all the government tinkering with section24 etc. Rents were reasonable as there was a balance between supply and demand. Landlords have been been heavily vilified and legislated against more and more, over the years, driving out good landlords, who have a choice where to invest their money. The result is a chronic shortage in supply, resulting in sky rocketing rent. What's worse is the renter lobbyists are still not reading the room, wake up, your are only making it worse by driving out good landlords, leaving the very few bad, who don't follow rules anyway.
Just issued 4 x no fault inviction notices to very good tenants!!! 😢
Time to get out of the landlords buisness. Selling 5x property’s! And will pay the stupid theft taxes that Labour want! Tenants in tears!!! 🥴😤🫣🤬🤬🤬🤬🤬
Stav?
All I can say is I'm nearly 66 and I've received a Section 21 and have about a week left on my tenancy. I've got no prospect of finding somewhere to move to because of the severe housing shortage and astronomical rents. I've been to the council, but they haven't done much and will only help me if I go through the eviction process with the bailiffs. I'm thinking that self-deletion is the best thing I can do to end this complete nightmare.
What do you think happens to home owners who can't afford their mortgage payments.