"So you're upping their rent by £600 a year just to replace an old appliance which would still remain yours anyway? How greedy and cheeky! Landlords like you really piss me off, and it's clear you have the mistaken belief that you're superior to your tenants because you rent out to them."
Ha! Ha! My tenants have a higher household income than I do. They choose to rent. They enjoy a very lavish lifestyle and are not ready in their lives to settle down. They are high flying people with amazing qualificiations in well paid jobs. They lack common sense, but they are very capable people in many ways.
No I am upping the rent because there has been no increase for two years and the market value has soared. The costs of accountancy, service charges, maintaince costs have also increased. Passing on the increased business to costs to the tenant is standard business practice. Ecomonics means that landlords can only charge what the market can stand.
"I bet if she couldn't up the rent she would make the effort to find out what is wrong with the machine. It could be something quite simple and inexpensive to fix."
No I would still replace the machine even if it was not possible to increase the rent. The legal liablity of keeping a really old tumble dryer is just not worth it. The costs of getting someone out to fix the fault and then PAT test the tenant's plug change is not economic. Its simpler to replace the tumble dryer. I also think that my tenants will be happier with a new tumble dryer than spending lots of money to keep an old machine going.
I choose to maintain my properties to a high standard and that requires income. Its not some kind of student bedsit. I cater for the high end professional market. It is a totally different world to the housing benefit claiments who are forced to live in slums. I spend quite a lot on my properties each year and that money has to be found from somewhere. My tenants pay for a service.
If you owned your own home you would find that costs of living increase and you have to find that money from somewhere.