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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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:
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Applescruffle · 20/04/2024 18:43

Arewe29 · 20/04/2024 18:36

NO.

I am not after being made to feel good, I am saying that people rent for all sort of reasons and most are happy to rent, yet posters have come on here to just be nasty.

Why do you read some of the responses, so anyone that cant afford a mortgage should be homeless, landlords provide a service, where we live its 10 years on a waiting list for social housing.

You don't provide a service. You're hoarding homes as "assets". It's YOU that's making it so people have to rent.

Do you really think your tenants are going fo tell you how they actually feel while there's a housing crisis on and landlords have their pick? They're going to lick your ass. Doesn't mean they like you. Certainly doesn't mean they like renting.

FuckOffTom · 20/04/2024 18:41

What would everyone have the OP do absolve her of her sins?
Should she immediately give all of her tenants notice to leave and sell the houses for what she paid for them? What if her tenants liked renting and living in those properties? Would you have her gift the houses to them, perhaps? Are you all so altruistic? I doubt it.

And also pretending that everyone who wants to buy a home can’t do so purely because of landlords is just not true. It’s a complex situation with multiple factors involved. It’s not as simple as ‘greedy landlords’

PeaceOnThePorch · 20/04/2024 18:41

People lose their minds on here about landlords. At the end of the day, everyone tries to make money to pay the bills and most things could be said to exploit someone I suppose.

We have properties we rent out, it’s allowed. If people don’t like it, tough. Our properties are lovely and well maintained and tenants pay for that. It’s not illegal, I don’t think it’s immoral although some people do. I can live with that. I bet I think some things others do is immoral. That’s life.

soscarlet · 20/04/2024 18:41

Arewe29 · 20/04/2024 18:36

NO.

I am not after being made to feel good, I am saying that people rent for all sort of reasons and most are happy to rent, yet posters have come on here to just be nasty.

Why do you read some of the responses, so anyone that cant afford a mortgage should be homeless, landlords provide a service, where we live its 10 years on a waiting list for social housing.

It didn’t take long to get to “I’m providing a service!” did it?!

You are hoarding and making an asset out of a finite resource which should be available at an affordable price to all. You don’t get praise for that.

dimllaishebiaith · 20/04/2024 18:40

TinyYellow · 20/04/2024 18:36

Shelter is a necessity. Living in a property of your choice in a location of your choice is not a necessity. Not all rental properties are places where a low wage couple with children expect to live.

How far do you want to take the argument about making profit out of necessity? I’m assuming it doesn’t apply to food, clothing or transportation?

Actually I have an issue with the huge profits made on food and public transport (less profits there admittedly but not enough investment)

Clothing I am more on the fence with because there are a lot of options at different price points and because second hand is an option in a way that it isn't for food etc

I would prefer the vast majority of rental properties to be social housing where money made is reinvested in the properties and student housing to be rent controlled bevause students are starting not not be able to go to some universities because rent is as much as or more than the loan they get

Beezknees · 20/04/2024 18:40

Arewe29 · 20/04/2024 18:36

NO.

I am not after being made to feel good, I am saying that people rent for all sort of reasons and most are happy to rent, yet posters have come on here to just be nasty.

Why do you read some of the responses, so anyone that cant afford a mortgage should be homeless, landlords provide a service, where we live its 10 years on a waiting list for social housing.

That's bollocks. Most people are NOT happy to rent, they do it because they have no choice. I bet you anything that if they were able to own a home, they would prefer that.

Causewerethespecialtwo · 20/04/2024 18:37

You will only find negative stories of Landlords on Mumsnet because people with great and average Landlords have no reason to make posts.

I own a BTL and if my tenants made a post I think it would say:
“My Landlord is nice, they haven’t put my rent up for 6 years, keeping it well below average in the area. They fix stuff as soon as I report it. They recently said yes when I asked if it was possible for me to get a dog. And they even send me a bottle of champagne every Christmas.”

I doubt it would get any comments!

Applescruffle · 20/04/2024 18:37

dimllaishebiaith · 20/04/2024 18:33

To you its "just an asset" to someone else it could be a permanent home

Exactly. Someone's unobtainable dream home is "just an asset". Hardworking people that just a couple of generations ago would have almost certainly owned their own home but now can't.
The reason? People like this hoarding them and calling them "just an asset".

But it's OK! Because she will allow them to paint it!!

TinyYellow · 20/04/2024 18:36

dimllaishebiaith · 20/04/2024 18:26

Can you explain how making a profit out of a necessity isn't exploiting someone?

Shelter is a necessity. Living in a property of your choice in a location of your choice is not a necessity. Not all rental properties are places where a low wage couple with children expect to live.

How far do you want to take the argument about making profit out of necessity? I’m assuming it doesn’t apply to food, clothing or transportation?

Arewe29 · 20/04/2024 18:36

Applescruffle · 20/04/2024 18:31

You're refusing to see any point but your own.
You wanted to come on here and have everyone feel bad for you that some people are being mean to you while you sit there with your multiple properties that you kindly let your tenants paint themselves.
Sorry that's not worked out for you.

NO.

I am not after being made to feel good, I am saying that people rent for all sort of reasons and most are happy to rent, yet posters have come on here to just be nasty.

Why do you read some of the responses, so anyone that cant afford a mortgage should be homeless, landlords provide a service, where we live its 10 years on a waiting list for social housing.

OP posts:
StMarieforme · 20/04/2024 18:35

In Japan, they do not see houses as investments. They see them as homes.
That system would stop the unfairness here.
You have 4 houses. I have none (I have had houses but had to sell due to divorce and could not get back on) and my daughter then stands no chance.
How is that ever fair? My rent is more than my LL mortgage. 🤷🏻‍♀️

Puzzledandpissedoff · 20/04/2024 18:35

Arewe29 · 20/04/2024 18:26

The posters on here, have made my point perfectly.

That generally happens on Mumsnet OP
Hardly anyone with sense denies there's good and bad with landlords, tenants and everyone else for that matter, but on here they're often the devil incarnate with no room for nuance at all

ManchesterBeatrice · 20/04/2024 18:35

This is really interesting, if there were no rental properties then where would students go? (After the first year in halls)

Where would people on contracts go? (Junior doctors for example who move around a lot)

Where would people who prefer to move often go? (I know people like this, they like a regular change of scenery every couple of years)

Where would people who need to temporarily relocate for work go?

Not being goady just curious as to the solutions.

I've used rented property temporarily before, and not sure what I'd do if it wasn't there.

YoureALizardHarry11 · 20/04/2024 18:33

dimllaishebiaith · 20/04/2024 18:30

Or can't afford a mortgage because buy to let landlords have driven house prices up..

Same problem either way!

Absolutely agree! I’ve always said the same. Leeches exploiting the desperate. I understand the market for rentals in certain circumstances but we don’t need as many as we have. My local town has no housing because of greedy landlords charging a fortune to rent and not renting to people on low incomes or benefits, even though that’s against the law now they just use a different excuse

JeysusH · 20/04/2024 18:33

Arewe29 · 20/04/2024 18:31

We are not making money from two of the properties, we just have an asset.

And what do you intend to do with that asset?

Nothing presumably, as you're not doing it to make money...

dimllaishebiaith · 20/04/2024 18:33

Arewe29 · 20/04/2024 18:31

We are not making money from two of the properties, we just have an asset.

To you its "just an asset" to someone else it could be a permanent home

Beezknees · 20/04/2024 18:33

Arewe29 · 20/04/2024 18:31

We are not making money from two of the properties, we just have an asset.

An asset that someone else is paying for. I couldn't sleep at night knowing that I was leeching off people who can't afford their own property.

Arewe29 · 20/04/2024 18:32

YoureALizardHarry11 · 20/04/2024 18:29

Can’t afford a mortgage while being charged the monthly cost of a mortgage in rent, and not being able to save for a deposit on top you mean? 🤣

Our rent on all of the properties is cheaper than what a mortgage would be on the houses for the people that live there.

It is not as simple as you make out.

OP posts:
Applescruffle · 20/04/2024 18:31

Arewe29 · 20/04/2024 18:31

We are not making money from two of the properties, we just have an asset.

Boo hoo hoo

Applescruffle · 20/04/2024 18:31

Arewe29 · 20/04/2024 18:26

The posters on here, have made my point perfectly.

You're refusing to see any point but your own.
You wanted to come on here and have everyone feel bad for you that some people are being mean to you while you sit there with your multiple properties that you kindly let your tenants paint themselves.
Sorry that's not worked out for you.

Arewe29 · 20/04/2024 18:31

Beezknees · 20/04/2024 18:25

Hoarding properties is gross no matter how nice you are.

The issue I have is that landlords trip over themselves to say how amazing they are and how they rent out their properties under market rate and blah blah.

STOP pretending you are doing people a favour. You. Are. Doing. It. To. Make. Money.

We are not making money from two of the properties, we just have an asset.

OP posts:
dimllaishebiaith · 20/04/2024 18:30

YoureALizardHarry11 · 20/04/2024 18:29

Can’t afford a mortgage while being charged the monthly cost of a mortgage in rent, and not being able to save for a deposit on top you mean? 🤣

Or can't afford a mortgage because buy to let landlords have driven house prices up..

Same problem either way!

EmmaGrundyForPM · 20/04/2024 18:30

fiddleleaffig · 20/04/2024 17:57

The problem is that by buying 3 properties you don't need, you have taken 3 properties away from those families to buy themselves. Also in buying more than you need has risen the local house prices so not only have you removed the home for the families to buy, you have also priced them out of the local area. You may think you are a great landlord because you let them paint and fix things, but be real here - very, very few families want to rent. Very few people want to rent. They simply have no choice to thanks to the impact of people buying buy-to-lets. It's the economic impact that's incredibly selfish and makes the perma-renter-millennials despise you.

This. Its about the market as a whole.

YoureALizardHarry11 · 20/04/2024 18:29

Arewe29 · 20/04/2024 18:24

Why are landlords scum.

Our tenants can not afford a mortgage or do not want to buy in the area as they are only in the area for work. If no one wanted/needed to rent they would not rent.

Can’t afford a mortgage while being charged the monthly cost of a mortgage in rent, and not being able to save for a deposit on top you mean? 🤣

JeysusH · 20/04/2024 18:28

Arewe29 · 20/04/2024 18:26

The posters on here, have made my point perfectly.

Maybe because an exploitative practice?

I've no skin in this particular game, but I do think that the explosion in private landlords has caused a massive block on young people and first time buyers entering the housing market.

Don't pretend it's for altruistic reasons.