thank you all who elaborated your views recently… cheers
As has probably been said above the main “pro” for renewing the fixed term, namely that you have the security of a tenant not leaving is a delusion. Its entirely one sided because you cant evict, but if they tell you they want to leave, you will let them go.
I have managed to resolve my daubts. Thank you all!! I will not be following up with this thread… Cheers
Hi David
I am a LL in Wales, where we have to give a minimum 6 months notice here now.
I have a tenancy about to renew or go periodic…would the same apply to me here?
Would be grateful for any input … as our new agreements are a minefield tbh
Im sorry, but I havent studied the new Welsh tenancy legislation well enough to know the answer to that. I think that Wales has now diverged so much from English law that it probably now needs its own forums.
I have to admire your persistance in carrying on letting property there. I think I would have thrown in the towel by now.
Thank you David for your honesty…I am seriously considering selling up tbh, as although I am doing my best to be a fair LL,(all my current tenants have been with me long term)… I worry about it a lot more now than for the previous 8 years. We are treated by 95% of those in power discussing LL… as the money grabbing rogue enemy…however without us…where would my tenants and others be.
My last 2 rentals had over 100 applicants… 60% of which were suitable…and it is getting harder for people to get a home as no real social housing building especially here in Wales since the great Council house sell off without ringfencing the money obtained thereby… to build more homes sadly
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