What do you mean by subsidised? Do you mean if the rent has been contributed to by Housing Benefit or similar, then additional obligations should be on the Landlord when they come to sell. Just trying to understand your point?
Karl 11 The rent is subsidised by the fact the tenant is not paying the rent .The TAXPAYER is paying the rent The tenant is subsidised ,NOT the landlord
I think so as personally there is some argument for government having equity in the property, being that government paid part of mortgage in all probability if he had a mortgage. If not that, then at least some obligation to ensure renters over ten years can be housed with a different landlord for same property as sitting tenant or at least the landlord should try and ensure this. Additional rights should fall on long term tenants. I think landlords should accept offers to other landlords if say within a percentage of the market price, if tenant has been there >10 years like me. I’ve agreed to pay market rent.
In my case because the section 21 isn’t valid because of not protecting the deposit, I’ll challenge it and buy more time at which point he probably won’t be able to use section 21 with rra likely coming in summer and abolishing section 21.
All of this was avoidable if he had tried to sell to another landlord as he said he would and I wouldn’t claim against him. I would accept if that wasn’t possible at correct price, but the fact he didn’t try….
Reading this I wonder why he does not want to sell with the tenant in situ…
You are every landlord’s dream
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Thank you.
From last year, my tenant agrees with you,
’ Just wanted to say thank you for being a fantastic landlord! I’d really like to leave a positive review recommending you to people, and was wondering where the best place is for me to do that?’
Do you have a chisel?
several ,for stone or wood ? can carve “Whinger” with it.
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stone. wood is flammable
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I had feared this is what he meant, and my reaction was exactly the same as yours, that it is the tenant that is subsidised, not the Landlord, but I thought I must have been wrong, and this ridiculous theory of the Gov having paid the mortgage. I pay Sainsbury’s mortgage but I don’t expect to own part of their building.
So, if the government helps to pay the tenants rent, the tenant should get more rights than someone who pays their own rent… at least that would be another reason for Landlords to not want to rent to a benefit claimant.
What an absolute load of rubbish. At a ‘snif’ of anything like this getting into power, my properties are sold.
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Shocking . I’m glad I’m selling.
I have 2 being sold but not to landlords ( I deliberately did not want to sell to another landlord) Both to owner / buyers…as for rents paying landlords mortgages. I always paid cash for the homes I rent out
I never said they should get more rights because the landlord had the mortgage paid. My point about rights was separate. But that said the government have an interest in it at least…
The whole buy to let industry in the uk in the last 20-30 years has filtered through to less than on par landlords, as this forum shows, increasing house prices by lowering supply which has had an effect to rental prices too. Then the collapse. This all massively put house prices outside boom and bust cycles of affordable housing. Contributed to by EU migration initially.
Frankly I’d be glad if you and other landlords sell so the government can get back to having a grip on houses, with more considered immigration policies, more shared ownership and schemes where tenants and outright buyers can live longer in full or shared ownership properties and where landlord buy to let opportunists don’t use the housing market for their own ends. Invest in shares instead. Ultimately meaning these buy to let landlords drive down living standards and owner occupier trading up. it needs more government investment and immigration control for sure.
Also landlords investing in houses to make money isn’t as smart as those who will invest capital as entrepreneurs or in stocks as there is greater return on investment that way. That’s where gov want to encourage making money.
The government got their money from the taxpayer so actually the taxpayer should have a stake in the properties…
Why did Thatcher sell off all the social housing stock…?
She didn’t want this on her docket…
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The whole point is housing shouldn’t be there to make money against which is in the interests of trading up , first time buyers and quality of life. stock market , business and employment is where you make money.
I would suggest you take your argument to the powers that be all over the globe. This has been going on since forever…
Good luck with that!
You want to reinvent the wheel and if you can’t you are going to take it out on your landlord.
Did you ever think that if this is how you are that our LL may not wish you upon anyone and thought it better to remove you first. I’m guessing this won’t be the first time you showed this behaviour and he didn’t want it tanking the sale.
Landlords are selling up because they don’t want difficult tenants now that s21 is going. I know a guy that sold 2m of property just because there will be no s21. So the RRB is for people like you but LL are more careful than ever and won’t want this kind of behaviour so you’ll get the short stick anyway
Everyone falls on hard times at some point in their life the thing is it’s not how many times you fall down that matters it’s how many times you get up that counts. This peevish behaviour doesn’t achieve anything apart from making you disagreeable to everyone.
When you take your aggression out on your landlord what do you think your reference will look like… How will you house yourself then?
You catch more flies with honey than you do with vinegar
The reality is that people today don’t want to graft and save for their deposit they want to live hand to mouth. There is a change in mentality. Our generation got on the ladder. Today’s youth want insta
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Business is where you make money We are IN business of rental
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Why are we engaging with this. Why don’t I learn? I prefer it when I’m so busy I don’t have time for this.
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I just find it funny , we are paying taxes for the benefit of people like this and they attack us best tax the benefit money !! PS I am not busy this evening
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At the end of the day @S-155 you’ve got a bee in your bonnet because you want a property you can’t get. I get that you feel hard done by, but don’t come in here having a go at landlords or the rental market on the whole.
Landlords have had to buy houses because the government (Thatcher) decided it was a good idea to allow council tenants to buy council houses at a huge discount, therefore reducing the amount of social housing available. If private landlords hadn’t come to the rescue, there would be far less properties available and rents would still be on the up because of it. This pie in the sky idea that house prices would somehow have stayed low is daft. There would still be a whole group of population that can’t afford to buy and would need to rent but the houses wouldn’t be there because you don’t think landlords should buy houses to make a business.
Back to the 30x argument…whether you like the 30x rule or not, I couldn’t really give a rats behind to be honest. It’s not discrimination to decline someone that doesn’t have 30x income no matter how much you want it to be, it’s about the landlord making sure that in all probability the tenant can afford the rent and their other financial commitments. You mention what if someone can afford it on 28x or 20x…where do you draw the line? What if I set my standard to 20x and then someone comes complaining that I won’t consider their 19x or 18x salary? It could go on forever but the industry standard is 30x so if you don’t like it, so as already suggested and complain to the powers at be, not sounding off on a public forum with people that can’t do anything to change the rules.
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It’s not a business. It’s speculation at best reliant heavily on interest rates and prevailing housing market conditions with few securities and lots of issues along the way. A mugs game.
If it’s just business, I tell you what when the landlord doesn’t treat tenants that great - they get claims against them ……it’s just Business too . So too the letting agent who refuses tenants on benefits like loads of you lot. Blatant too.
Then you lot all seem to moan about bad tenants and what you can do to avoid it. Pretty bad. Just start a proper business.