To be pissed off at having just seen my tenants spending a load of cash whilst they're behind on rent?

[JennylovesRosie]

I am fed up to the back teeth.

This is the third month now where they're falling behind.

(I know them by their appearance and we have a mutual friend on a social networking site)

I have just seen them paying for a spa and no doubt it'll be up on social media next week (they like to brag and display all their newly acquired gains in Instagrammed glory.)

Next month my kids won't have the birthday parties they wanted because I'm subsidising these idiots living expenses and incurring charges as for their late/part payments.

Has anyone managed to get tenants out despite then not being 2 months late on rent. The Lettings agency have told me I'm stuck with them . Can I fine them?

They got a 12 fixed contract in January and surprise-surprise they started to default from day one of it.

I'm so upset.

I stand by all I've said. All the idiotic tenants on here need to give their tiny heads a little wobble. Pay your rent on time or find some place else to live. That's how it works weather you like it or not.

Who are the idiotic tenants on here?

not me, I own my own property

Love the idea that the only thing stopping people from buying their own home is not wanting to.

I am sure there are some people who would prefer to rent, for many reasons. However, I strongly suspect that most people who rent would really like to own a house or a flat of their own, be it ever so humble.

why don't some people like others who have a rental business? I'm genuinely intrigued as I'm assuming not everyone wants to own a home? For us, our rentals are a business much like any other. We charge fair prices, always aim to keep our side of the deal and treat others as we would wish to be treated. I have some tenants who are saving for deposits, others who have no wish to own, some who are going through divorces and need a 6 month place, basically a mixture. What I'm trying to say in a crap way is what am I doing that's so wrong and offensive to people?
Handsoff -- I don't think it's people like you that renters and former renters have an issue with. It's the absentee LLs who leave their properties and their tenants' welfare in the hands of agents who may or may not be up to snuff, and those who possibly mean well but don't understand how to conduct renting a property as a business that people complain about. People who own properties on the same street as some rental properties often have good reason to curse the owners of those properties too, and not just because of tenants' behaviour. Too often a rental property can easily be identified just by its appearance when properties are just treated as cash cows in a landlords' market.

The thing that people find grating is the lack of knowledge of the law and responsibilities of landlords. A landlord must be prepared for tenants to be twats and have contingencies in place. Being shocked and surprised when tenants fuck about is as sensible as a tradesperson being shocked and surprised when a client pays the bill months late or similar. Landlording is a business and the entire system sets it up so that people go into it completely blindly and with emotional attachment to their properties. [Vince]

That too, in spades.

ust fed up of the vitriol against landlords on here
the activity of landlords via the btl market has been a major driver for the housing bubble/housing crisis

the bank of england is concerned that banks do not get their fingers burned by overloading landlords with debt only for a house price crash to undermine the financial sector

www.telegraph.co.uk/business/2016/04/30/is-a-buy-to-let-bubble-the-next-scandal-in-housing/

sure landlords have just been entrepreneurial but they have been allowed to occuoy a parasitic niche, all well and good for the leachlords but when the tide goes out it will be revealed that they are swimming sans bathers

nice work...suckers!

up the creek without a paddle, and you thought the PTB loved you, you've been had leachlords and whining about sdlt and stolen tax exemption aint gonna butter no parsnips no more
booo hooo

what's going to happen to their tenants
landlords will be forced to sell cheap or go bankrupt, thus freeing up property for those who would like to buy but were previously forced to rent because landlords have bid up the prices with too easily available credit
there will be some shuffling about I expect but as it is tenants often find themselves having to move at the whims of landlords.
ultimately more people will be able to own their own homes instead of working to line the pockets of rentier parasites

anyways I'm just describing the situation, not creating it

Lamu,

You are so far from the real world it's scary. You haven't got a leg to stand on, you really don't.

Halfwit.

if i dont pay my mortgage i get evicted.....if you dont pay your rent you should be evicted....nothings free in this world..if you rent, someone OWNS your home....the mortgage company own mine until its paid off....whats the difference....i dont know how anyone can live with the uncertainty of not paying your bills, bailiffs turning up ect....especially when there are children involved....i can understand it if you really are hard up and scrimping, but to use the rent money for luxuries..ie spa days or holidays its just ludicrous imo

Shining I'm not a parasite. I have a business based on demand like many other LLs just keep telling yourself that, the knives are out for BTL the business model is hemorrhaging viability

.if you dont pay your rent you should be evicted

Who has said any different?

Lamu I hear how determined you were to buy your house when you were younger, problem is prices are not same or equivalent to salaries anymore. My salary is not very different to few years ago when I bought my house, however the price has gone up 300K more .... I don't understand how people are able to buy houses these days and you're extremely lucky to be on the right place at the right time.
I see what you mean about being focused at a goal but doesn't mean it's enough for everyone to buy a house nowadays

Many people can't afford to save for the deposit to buy their home due to low wages, high utilities, debts etc
but mostly because of high rents cause by property price inflation caused by landlords who have bid up the prices with too easily available credit

whoops!
thats you isnt it

Do you seriously in a million years think that everyone wants to be a homeowner
no but there are many who would like to be but have been priced out by BTL, I'm not suggesting there is no need for a rental sector but....well dont just listen to me, the BOE is worried and the govt have brought in measures to discourage the BTL market

Can't believe that people don't make rent there priority!!! Spa days and the rents not paid!! I rent I pay my landlady every month and on time! There must be a way to get them out surly ur kids shouldn't have to suffer because your tentants don't pay there rent?!

Do you seriously in a million years think that everyone wants to be a homeowner
no but there are many who would like to be but have been priced out by BTL, I'm not suggesting there is no need for a rental sector but....well dont just listen to me, the BOE is worried and the govt have brought in measures to discourage the BTL market

I would be too if I had just said something so utterly ridiculous and embarrassing.