Hi tony9 . So many would-be tenants blame landlords without looking at the background to WHY rental properties are hard to find in an ever increasing population
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Add to the list councils giving bad advice trying to delay the inevitable: 'some councils believe that if a tenant leaves their property before they are forced to by a court, they are making themselves voluntarily homeless and they do not have a duty to rehouse them.
However, in its Homelessness Code of Guidance for local authorities, the Government clarifies that housing authorities must take āreasonable stepsā to help people threatened with homelessness because they have received a section 21 notice. It states: āHousing authorities should not consider it reasonable for an applicant to remain in occupation until eviction by a bailiff.ā
If tenants choose this option, they could also end up with a court order to pay the debts they rack up, which would show up on their credit report and impact their ability to secure another rental property in the private sector.ā
the L A will want to delay rehousing for as long as possible so will ignore goverment requirements. You cannot trust Local Authorities
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When I investigated a little while back available stats showed 18.5% of the population in England live in private rentals, thatās approx 10m people in 4.4m dwellings out of a total of 24.7m dwellings, leaving close to 46m people outside of the private renting system with 20.3m dwellings. Of those, 4.13m homes were in the social sector, with most of the social housing in London headed by a migrant. Students, migrant workers, posted workers, contract workers, etc that cant or donāt need to or dont want to buy, reduces the availability of the 4.4m private rentals for letting long term. How would they be accommodated but for private landlords? Government housing migrants claiming asylum, through Serco, in private rentals for 6 years 11 months, at tax payer expense will further reduce availability and increase rents for everyone else. Also, because of the governments white paper, regards the private rental sector private landlords are serving S21 notices to vacate while they can, and even selling up before it comes into force. Not suprising private rentals are a dwindling fraction of available housing. Private landlords in England are the scapegoat for people who fail to secure a mortgage because lenders refuse to take into account the tenants ability to pay their rent. They are the scapegoat for government failure to meet demand (largely due to uncontrolled immigration) and they are targeted by the governments white paper rather than multinational investment funds (āvulture fundsā) which have been incentivised by government policy to purchase residential housing developments and apartments en masse (as in Ireland for example).
"The United Nations condemned Ireland for allowing multinational vulture funds to scoop up low income and affordable housing, upgrading them and substantially raising rents forcing tenants out of their homes. In 2018 it was reported by the media that up to 18,000 families were set to become homeless as multinational vulture funds bought over buy-to-let properties from landlords who had fallen into arrears and in 2019, 95% of apartments were sold to investment companies leaving just 5% for individuals and couples.
No doubt the Housing Commission has information on the vast amount of vacant apartment blocks and residential housing developments that are owned by multinational vulture funds as recorded by the Residential Tenancies Board."
Delimit multinationals not people
Multinational vulture funds opperating in the UK are the problem, not individuals with a home, holiday letting or one or two rental properties.
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rented homes make up a lot of the housing stock. Both private and social housing, It is about 40% of the total housing stock .That is a lot of rent to be found. The housing associations are owed millions in rent. When landlords sell up ,the pressure on them will be greater
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Totally agree with all points. Sold one property last tax year and other sold two weeks ago. Weāve had enough of being dictated to by a Government that is so out of touch on every level regarding property rental. Iām glad I joined this forum to keep up to speed and follow the more experienced PL like you. Weāve had good Tenants on the whole and although we owned the properties we always saw it as the Tenants home, we just facilitated that but we are no longer prepared to lose out. Itās only going to get worse for small fry Private Landlords
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did another landlord buy them or private sales ? Curious to see where property is going
Iām a private landlord, have been for quite a few years. My property was our holiday home, then went into the holiday market and finally to private tenants .Always had wonderful tenants until the last one, a mental case who cleared off leaving rent unpaid, which is why I was evicting her, after hearing I was going to evict her. I would sell but Iām not prepared to pay the Exhorbitant capital gains tax, so I will soldier on, have found tenants who are wonderful!
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Happy for you, Judy. Wonderful TT are not a given fact.
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Hi Colin
Current house sold to a young couple and one sold in February was to a man renting to his son.
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Hi Judy pleased youāve found some good tenants, there are many out there and I was lucky as a LL in having all excellent tenants who mainly respected our property and paid rent on time.
Iām happy with what weāve achieved in 13 years and the Government will always find ways of taxing the hard workers but I felt the reduction in tax allowance made a huge difference in profits. Going from Ā£25k (joint ownership) in 2022 to 12k in 2023 and 6k in 2024) plus all other restrictions being introduced. I will bow out of the rental market as one of the fortunate Landlords 
thanks Joanne10 Trend seems so far seems not to be going back into the broader rental market
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