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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

If the government can pay rich landlords mortgages off - why can't they pay the interest on mortgages of people going through financial difficulties?

283 replies

UndertheCedartree · 01/02/2020 18:52

My friend was asking how my financial situation was (as I have been unwell and in hospital) and I was telling her that it has finally been agreed that I am entitled to some help with my housing costs (interest on my mortgage) but that it is a loan. She was shocked and said when she had financial difficulties the government paid most of her high rent (more than double the interest on my mortgage) and it ultimately went to her rich landlord who was able to pay off his mortgage with it. It made me think about the supportive accomodation my boyfriend lives in. The owner is extremely rich and gets housing benefit for 10 bedrooms when there is only 6 as each tenant gets housing benefit at a 2 bedroom rate. He also gets £800 per month for utilities/broadband from the tenants.

It does feel unfair that I have to take out a loan to cover the interest on my mortgage while I'm unwell (as surely keeping a roof over myself and my children's head makes sense?) while wealthy landlords benefit from housing benefit.

OP posts:
UndertheCedartree · 02/02/2020 13:56

@Purpletigers - yes, I see your point.
@SunOnAll - you sound a very decent LL.

OP posts:
Purpletigers · 02/02/2020 14:00

I hope you’re home with your children soon x

GallusAlice79 · 02/02/2020 14:03

@UndertheCedartree

Did you have a look at the money advice service? I had a look myself. Seems the Scottish Government do still help people Hmm

Hope you're feeling a bit better today Flowers

Smith888 · 02/02/2020 14:03

@UYScuyi they happen to own an asset, and they have to make it work somehow. Not everyone "sits back while their investments increase in value". Some have massive losses and are forced to sell.

@purpletigers am confused how did you save hard without working hard? How did you make the money to buy in the first place?! I'm assuming most people need to work hard enough to save enough for a deposit in the first place?!

@UndertheCedartree my comment was not aimed specifically at you. In ideal world you would be getting the help you need

katewhinesalot · 02/02/2020 14:09

Could your children move in with their father temporarily and you rent out your house for a year or two?

Or could you rent out a room to bring in a bit of money?

UndertheCedartree · 02/02/2020 14:17

@Purpletigers - thank you
@GallusAlice79 - thank you. Yes I did. It looks a very useful site so thanks for the reccomendation. I saw that in Scotland and parts of Wales - the old policy of paying interest on a mortgage still applies. They can also sell their property to social housing and rent it back. I doubt that's available here. I am working through all my post so will be ready for when CAP come. I have to open a new bank account as well.

OP posts:
GallusAlice79 · 02/02/2020 14:21

@UndertheCedartree

Good luck...I really hope you can find a way to keep your house.

UndertheCedartree · 02/02/2020 14:25

@katewhinesalot - the trouble is he only has a small 1 bed flat and my house only 2 bedrooms. Mind you, I couldn't cope with a lodger. But renting the house is definitely worth thinking about - although would I be able to afford my housing costs as well? Not sure.

OP posts:
katewhinesalot · 02/02/2020 14:30

Can he move into yours and you rent his one bed out?

katewhinesalot · 02/02/2020 14:30

For the kids sakes would he agree to this?

UndertheCedartree · 02/02/2020 14:33

@GallusAlice79 - thank you

OP posts:
SparklingUnderpants · 02/02/2020 15:45

OP, I said it in general. If you have such hatred towards private landlords, why would you live in their property? And if you have managed to only pay interest on your mortgage, you simply can't afford your home and I'm sorry you are bound to lose it unless your situation changes drastically. Fact.

UndertheCedartree · 02/02/2020 16:01

@katewhinesalot - it wouldn't be possible for my DC dad to move in.

OP posts:
UndertheCedartree · 02/02/2020 16:08

@SparklingUnderpants - but the thread is nothing to do with tenants living in rented property and hating the LL. I may only be able to pay the interest right now but I am getting help and my mortgage company have been very reasonable. They don't want me to lose the house either - and that is also a fact.

OP posts:
rwalker · 02/02/2020 16:12

You come across bitter the government pay peoples rent for a house to live.
no landlords no houses to rent .

Teateaandmoretea · 02/02/2020 16:29

You have monopolized resources which are unaffordable for ordinary people because the government has allowed an asset bubble to develop
You are then able to leverage this privileged position because people have no option but to pay through the nose for a roof over their head
But yeah, just keep telling yourself that you're a philanthropist helping out the needy

^^exactly this.

Yes, some people are accidental landlords. Yes, there is a requirement for some private rented property so that people can move around.

But house prices are expensive because in part of demand from people building property portfolios. Landlords can chuck people out and up the rent on a family every year so they can't afford it. I'm so so grateful I've never had to rent.

Yanbu op I don't get it either other than people (possibly jealously) seem to enjoy making life a race to the bottom.

UndertheCedartree · 02/02/2020 16:30

@rwalker - if you RTFT you would see I have no issue with landlords. Why would I be bitter my friend got help when she needed it? Confused Not bitter - happy! And where did I say anything about not wanting LLs to exist?

OP posts:
Teateaandmoretea · 02/02/2020 16:30

If you have such hatred towards private landlords, why would you live in their property?

Well for most people it's lack of choice 🤷🏻‍♀️

UndertheCedartree · 02/02/2020 16:31

There is one thing I'm bitter about - how hard UC is to get including help with housing costs.

OP posts:
UndertheCedartree · 02/02/2020 16:36

@Teateaandmoretea - I have certainly got that impression from this thread that some seeing it as a race to the bottom. All the outrage that an unwell woman and her children who have had a difficult time should be helped to stay in their own home. But luckily there are plenty of us that can see the bigger picture and would be happy to help someone in need. There are so many issues involved than purely the financial - which other posters have explained better than I have.

OP posts:
UYScuti · 02/02/2020 17:21

Well for most people it's lack of choice
exactly, landlords are not just providing a service, like say the hairdresser does, no one can function properly in society without a home, since the homes are now out of reach for most people we have no choice but to pay up and fund the retirements of those who have been able to land on their feet.
The lucky ones just keep getting luckier

Kamma89 · 02/02/2020 17:47

@pigsDOfly & all the others whi have said similar...the OP hasn't started a landlord bashing thread. Whilst I disagree with her belief that she should be helped with her mortgage it doesn't mean that since the explosion of BTL that a huge number of landlords have profited from tax payer money.

Blame lies in many places & landlords can't in the face of this housing crisis claim innocence. Buying property & renting it out isn't hard & is largely based on luck & location. "Sacrifices" older generations made to buy a little rental, for their pensions is not doable for younger people & makes it harder for younger generations to get on the property ladder.

If less council stock had been sold off & ended up in the hands of private landlords the OP might not be in such a terrible situation of she did end up defaulting because there would be the the social housing available to house her.

LangClegsInSpace · 02/02/2020 20:20

Noone's picked up on supported accomodation tenants paying £800pm utilities/broadband on a 4 bed house with 5 tenants. Does anyone else think this is extortionate and the landlord is making a profit?

Yes this is extortionate and yes the landlord must be making a huge profit.

I've been reading about the 'exempt' supported housing sector and it's the worst example of public money being syphoned off for private profit I have ever seen.

There are two sorts - specialist supported housing provides long term care, equivalent to a care home, and is for people who are not able to live independently.

Bog standard supported housing is for people who need a low level of support and are moving towards independence. For example, women escaping domestic abuse, refugees leaving asylum accommodation, people with mental health issues, people with addictions, people coming out of prison, care leavers, people who struggle to hold onto a tenancy for various, sometimes complex reasons etc.

Both types use roughly the same business model but specialist supported housing is much better regulated. Both types are exempt from the housing benefit LHA cap.

There is a new type of housing association that doesn't own any property (or hardly any) but instead leases it all from the private sector and rents it all out as supported housing.

Private landlords cannot on their own provide supported housing because unlike HAs they are not Registered Providers of social housing. By leasing their properties to HAs as supported housing they can reap much greater rewards by renting rooms individually at rates far, far higher than LHA. Not all are individual landlords with one or two properties, some are huge companies or real estate investment trusts that own hundreds or thousands of properties. Typically these are ordinary houses with up to 6 single people sharing a bathroom, toilet and kitchen.

Bog standard supported housing providers are expected to provide care, support or supervision that is ‘more than minimal’ or ‘more than trifling’ but is not further defined. The additional housing benefit is not intended to fund anybody's care package - that is funded by social services.

Bog standard is not commissioned by the local authority so there is no oversight of safeguarding, staffing levels and suitability, aims and outcomes, the suitability of any placement for any particular individual, or whether there is actually any care, support or supervision in place.

Because the properties are under the umbrella of a HA they are also exempt from the usual requirement to get an HMO licence.

The vast majority of people living in this type of accommodation are licensees rather than Assured Shorthold Tenants. They have very few housing rights and can be evicted very quickly and easily. They find it difficult to complain.

Referrals come from a wide range of agencies and sometimes also self-referrals. There is seldom a formal process, specific criteria or assessment for suitability. Referrals tend to be 'crisis' - agencies simply ring or email round to find somewhere available for their client that night.

Some highly dangerous and unsuitable placements have been reported, including women escaping domestic abuse being housed with violent men who have just been released from prison, and people who have just been released from rehab being sent to live in a house full of heavy drug users. Residents have no choice who they share their home with and if a room becomes empty they have no idea who they will be sharing with tomorrow.

In the absence of adequate supervision, a house full of vulnerable people becomes a magnet for drug dealers to base their operations. Some residents report not knowing which of the many people passing through the house actually live there.

The business model relies on every renter being entitled to full housing benefit so if someone gets a job that is a massive problem. Most of the time if that happens they will be evicted and because they are licencees they will get very little notice. If they are not evicted then, even if they are still entitled to some HB, they will struggle tremendously to meet the rent because it's so very high. So this housing model heavily disincentivises people from moving into employment. Anything that messes up their 100% housing benefit claim, even temporarily, is likely to leave them with massive rent arrears very quickly. So people become trapped and find it very difficult to move on to somewhere more settled and safer, even it were available.

This is worth a listen: soundcloud.com/insidehousing/exempt-accommodation

The report they're talking about is here: springhousing.org.uk/wp-content/uploads/2019/11/Spring-Housing-Final-Report-A4.pdf

UndertheCedartree · 02/02/2020 23:35

@LangClegsInSpace - thank you for that. The supported accomodation my boyfriend lives in provides no support. And yes, there are drug users there that offer him drugs. I agree about finding it difficult to complain. I have asked his care coordinator to intervene about the utilities cost as I see it as preying on vulnerable people but he doesn't want to know.

OP posts:
HeIenaDove · 03/02/2020 00:20

@LangClegsInSpace Ive come across that too.

I know you wernt aiming that at me as this is my first post on this thread but thanks for the links.

You would think with all the money they charge they could afford to pay for supervision.

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