Active discussions

Please or to access all these features

Talk
AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

To think that Landlords have a bad name.

758 replies

Arewe29 · 20/04/2024 17:39

NC for this.

Is it just me or are all landlords frowned upon a MN.

We own and rent out 3 properties all our properties are rented out to young families, just under market rate, we allow them to decorate their homes how they like, and if there is any issues or problems they just call us and we sort it out ASAP.

I know that there is some terrible landlords out there, that should be dealt with but there are thousands of other that are decent that follow all the laws and their tenants are very happy.

OP posts:
Thread gallery
6
Applescruffle · 24/04/2024 21:42

retinolalcohol · 24/04/2024 00:05

I don't want to derail the thread - however this situation is soon to be relevant to me and I'm curious what the general consensus is.

Say I inherit a house (so I haven't gone out to buy a property specifically to make income) and choose to rent this inherited property out rather than selling it, am I wrong in doing so?

I won't have outbid anyone or set out to become a landlord, and in fact I'd much rather still have my parent living in the house - this is just the situation I find myself in

No, loosing your parents and inheriting a house is the situation you find yourself in.

Renting it out is the choice you made.

Densol · 24/04/2024 21:36

retinolalcohol · 24/04/2024 00:05

I don't want to derail the thread - however this situation is soon to be relevant to me and I'm curious what the general consensus is.

Say I inherit a house (so I haven't gone out to buy a property specifically to make income) and choose to rent this inherited property out rather than selling it, am I wrong in doing so?

I won't have outbid anyone or set out to become a landlord, and in fact I'd much rather still have my parent living in the house - this is just the situation I find myself in

You'll never get sense out of the MN's anti landlord narrative on here !
Honestly dont bother trying to convince them 😂
I just tell my letting agent to ask "hi thanks for the enquiry, are you by any chance on Mumsnet"
" why yes I am "
.......click ..... phone goes dead
" hello hello, are you there Mr letting agent..."
😂🤣😂
They reap what the sew 😂

Adviceplease2022 · 24/04/2024 18:24

Using homes as investments pushes the market upwards, making it harder for others to own their own home. How anyone can deny this is beyond me. It’s either pure stupidity or intentional blindness.

Absolutely no envy here. I own my home mortgage free with enough spare care to buy another home outright as an investment property if I wanted to. My monthly outgoings are nowhere near my monthly income. I have also been a landlord when I was much younger (accidentally as the market crashed and I couldn’t sell when I was moving abroad for work).

However, I am fundamentally opposed to “homes” being used for investment purposes. I cannot understand how people can kid themselves that they are being altruistic to be landlords, or that the buy to let popularisation hasn’t negatively impacted the housing market, at the detriment of those not yet on the market for whatever reason.

The vast majority of landlords do it to make money for their families with no regard for the impact that it has on those less fortunate. This is a fact in my opinion. I’m not saying this is something people shouldn’t do. We all have to live our lives doing what we feel is right. Just don’t deny it and try and argue what a good person you are for being a landlord. Tone deaf.

Applescruffle · 24/04/2024 11:21

This reply has been deleted

Message deleted by MNHQ. Here's a link to our Talk Guidelines.

Itloggedmeoutagain · 24/04/2024 07:43

EmmaGrundyForPM · 23/04/2024 23:06

I didn't say there shouldn't be any rental properties. I said that individuals shouldn't own more than one house.

Show quote history

So who owns the rental properties?

JeysusH · 24/04/2024 07:41

retinolalcohol · 24/04/2024 00:05

I don't want to derail the thread - however this situation is soon to be relevant to me and I'm curious what the general consensus is.

Say I inherit a house (so I haven't gone out to buy a property specifically to make income) and choose to rent this inherited property out rather than selling it, am I wrong in doing so?

I won't have outbid anyone or set out to become a landlord, and in fact I'd much rather still have my parent living in the house - this is just the situation I find myself in

Why not sell it and invest the money elsewhere?

retinolalcohol · 24/04/2024 00:05

I don't want to derail the thread - however this situation is soon to be relevant to me and I'm curious what the general consensus is.

Say I inherit a house (so I haven't gone out to buy a property specifically to make income) and choose to rent this inherited property out rather than selling it, am I wrong in doing so?

I won't have outbid anyone or set out to become a landlord, and in fact I'd much rather still have my parent living in the house - this is just the situation I find myself in

SleepySundaySloth · 23/04/2024 23:10

EmmaGrundyForPM · 23/04/2024 23:06

I didn't say there shouldn't be any rental properties. I said that individuals shouldn't own more than one house.

Show quote history

I’m glad we can.

EmmaGrundyForPM · 23/04/2024 23:06

Itloggedmeoutagain · 23/04/2024 14:04

Just to be clear i mean they moved into a rental. Not that they had a second home

I didn't say there shouldn't be any rental properties. I said that individuals shouldn't own more than one house.

SleepySundaySloth · 23/04/2024 23:01

TFITheWeekend · 23/04/2024 21:11

Sounds good and completely agree. We did similar and now our kids are secure, which gives me peace of mind.

Show quote history

Same. Our kids will have a house bought for them when they’re ready to move out because of us being landlords and I’m very pleased about that.

Maverickess · 23/04/2024 21:36

Scurryfunge12 · 23/04/2024 21:21

I think the OP clearly must have some conscience to have posted here in the first place. Why would they post about such a topic if not seeking reassurance and validation that they are not an awful person? It didn’t go that way so that’s why it’s descended into an argument because OP feels defensive having not got the responses they were seeking. This is the sort of topic it’s probably best not to discuss as it’s never going to change anyone’s mind, at least not outwardly.

I think you've nailed it there @Scurryfunge12 !

SabreIsMyFave · 23/04/2024 21:21

Arewe29 · 23/04/2024 20:41

We both know, that if you could make your kids lives easier you would grab it with both hands.

We are about to buy a 2.75 million house that our tenants, will just be using as a place to live while working, the rent will more than pay off all our other properties within 3 years so will be a very a good investment.

Show quote history

Only 2.75 million pounds? In a rough area is it? You'd need to spend 6 million pounds or more to get a decent place where I live. At least you don't need to worry about who rents it, as it's going to be a bit of a shithole for that price.

Scurryfunge12 · 23/04/2024 21:21

I think the OP clearly must have some conscience to have posted here in the first place. Why would they post about such a topic if not seeking reassurance and validation that they are not an awful person? It didn’t go that way so that’s why it’s descended into an argument because OP feels defensive having not got the responses they were seeking. This is the sort of topic it’s probably best not to discuss as it’s never going to change anyone’s mind, at least not outwardly.

vivainsomnia · 23/04/2024 21:15

I wasn’t unpleasant at all. And I made no accusation of any sort. I just pointed out that your accounting method was unrealistic

Haha, no unpleasantness nor accusation! Was I supposed to believe that being accused of using sophistry was a compliment!

You being a solicitor was such a given! The usual phrase 'with all respect' with what follows is all but respectful. The use of big words that hides accusation of deception, the needing to point things out....yep, you represent your profession well....

As for my accounting methods, I have no idea what you are refering to. I only describe how currently, a big chunk of the income I receive from rent goes to the government and most of the rest is swallowed by costs. Costs to make sure my tenants are living in a safe and well kept property. Which part of it do you qualify as unrealistic?

TFITheWeekend · 23/04/2024 21:11

Arewe29 · 23/04/2024 20:41

We both know, that if you could make your kids lives easier you would grab it with both hands.

We are about to buy a 2.75 million house that our tenants, will just be using as a place to live while working, the rent will more than pay off all our other properties within 3 years so will be a very a good investment.

Show quote history

Sounds good and completely agree. We did similar and now our kids are secure, which gives me peace of mind.

dimllaishebiaith · 23/04/2024 20:58

Arewe29 · 23/04/2024 20:41

We both know, that if you could make your kids lives easier you would grab it with both hands.

We are about to buy a 2.75 million house that our tenants, will just be using as a place to live while working, the rent will more than pay off all our other properties within 3 years so will be a very a good investment.

Show quote history

And again, I can see why you name changed for this.

Original poster
Arewe29 · 23/04/2024 20:41

dimllaishebiaith · 23/04/2024 20:11

I can see why you name changed for this thread

Show quote history

We both know, that if you could make your kids lives easier you would grab it with both hands.

We are about to buy a 2.75 million house that our tenants, will just be using as a place to live while working, the rent will more than pay off all our other properties within 3 years so will be a very a good investment.

OP posts:
dimllaishebiaith · 23/04/2024 20:11

Arewe29 · 23/04/2024 19:39

The same goes for you.

You see it one way, I see it another.

The difference is my kids will have a home that they can call their own, and will not be paying for a LLs boat.

Show quote history

I can see why you name changed for this thread

Original poster
Arewe29 · 23/04/2024 19:39

Applescruffle · 23/04/2024 17:57

We are 29 pages in now and you are still asking the same questions you asked in the first few pages, which have been answered multiple times by multiple people. Do you want a different answer or do you want people to suddenly admit you are right and they were wrong all along?

You're relentless

Show quote history

The same goes for you.

You see it one way, I see it another.

The difference is my kids will have a home that they can call their own, and will not be paying for a LLs boat.

OP posts:
Original poster
Arewe29 · 23/04/2024 19:37

dimllaishebiaith · 23/04/2024 18:32

Nice edit

I was responding to you.

You seem a bit confused.

Show quote history

I was confused as to you another poster had popped up again.

I was on the train without much signal

OP posts:
Original poster
Arewe29 · 23/04/2024 19:35

Applescruffle · 23/04/2024 18:31

She was talking to you 🤣

Show quote history

I was confused as you had popped up again.

Why are you here.

Also why do you take money from your window company from LLs who's money is earned from being a "blood sucker"

OP posts:
dimllaishebiaith · 23/04/2024 18:32

Arewe29 · 23/04/2024 18:26

You will not get a sensible answer.

LLs are scum, blood sucking, and cancer according to that poster.

Edited
Show quote history

Nice edit

I was responding to you.

You seem a bit confused.

Applescruffle · 23/04/2024 18:31

Arewe29 · 23/04/2024 18:26

You will not get a sensible answer.

LLs are scum, blood sucking, and cancer according to that poster.

Edited
Show quote history

She was talking to you 🤣

Original poster
Arewe29 · 23/04/2024 18:26

dimllaishebiaith · 23/04/2024 18:17

Haven't I?

I haven't said that on the thread

I could have been one and seen the light

There you go with those super special landlord psychic powers again...

Show quote history

You will not get a sensible answer.

LLs are scum, blood sucking, and cancer according to that poster.

OP posts:
Original poster
Arewe29 · 23/04/2024 18:23

Applescruffle · 23/04/2024 17:57

We are 29 pages in now and you are still asking the same questions you asked in the first few pages, which have been answered multiple times by multiple people. Do you want a different answer or do you want people to suddenly admit you are right and they were wrong all along?

You're relentless

Show quote history

😂

And yet here you are

OP posts: