Landlords are hated but

[Parsley1234]

I am a landlord tenants been in situ for over 10 years very happily in a character Victorian terrace rent raises minimum I leave them alone get repairs done in a timely manner however from 2028 I will have to either sell holiday let or leave vacant the property as the modifications are untenable for me. Double glazing adding internal walls to make small rooms smaller etc. We are in a housing crisis this is going to make it worse and for all of you who want to have a go at landlords maybe look at the government housing policy first

In UK you can sell under value providing you still pay as my capital gains at true market value.

FWIW I feel for you OP as it's a potential crap show. Hopefully it won't gain traction as it's clearly ridiculous for all types of housing.

Mine is a relatively new build so between C and B. The new rules should be more tailored, given the diversity of housing in the UK but is too difficult for our government to do properly.

It'll end in tears as we know they won't promote the building of enough houses but will effectively force landlords to sell up, thus shrinking an already swelling rental market. Zero solutions basically.

@caringcarer i think so many people will have that view it’s so stressful for tenants so many can’t buy or don’t want to or have pets children etc

@Lunar270 sadly already it has traction I can’t remortgage without the EPC

So many misunderstandings posted here and I don't even rent out property. However, I do know that most rented properties are either on buy-to-let mortgages which are interest-only or are mortgage free (often inherited) therefore the tenants do not buy the landlord a house.

Really! I'm so out of date but last time I spoke to my energy assessor, she said I'd be fine for years so haven't looked into it since.

Sorry to hear.

Actually stamp duty land tax, potentially inheritance tax, and capital gains tax may all be payable depending upon circumstances.

@diadianthus101, if LL sell the house you are correct the house does not disappear. However the original tenant most often can't afford the deposit to get a mortgage of their own, don't earn enough to get income mulipliers to allow them to buy the house or have a bad credit history with CCJ means they can't get a mortgage, others are on benefits so can't get mortgage. What would you have happen to these tenants, often with small children? If LL sells these tenants will end up in temporary accommodation, which I would not wish on my worst enemy.

I don’t see how that would help as we are talking about property specific information and as I keep pointing out every property is different hence the EPC recommendations that may be totally appropriate for one being nonsensical for another. There are some recommendations that are eminently sensible and make real sense on a cost benefit basis, other suggestions not so much. For example installing a wind turbine costs 15-25000, saving 590 a year. Increase of points on EPC 12. That to me is a different kettle of fish from roof insulation cost 1500-3000 saving 690 a year increase in EPC points 9. If you can’t see that one of those is a more sensible and realistic suggestion then we are on very different pages!

We are on very different pages because initially you were talking about uPVC windows and now you've moved on to wind turbines. Property-specific information is irrelevant - I was requesting the sources you used to base your calculations on regarding environmental impact, not values relating to any properties you may own or installation costs.

I think we are just talking at cross purposes.

Oh for the love of god 🎻

it would be insane& incredibly sad! I hope the stupid stupid thing can be stopped in it's tracks!!

If there are fewer landlords and more homeowners in this country, more families will be secure in their accommodation. A mortgage provider is not going to suddenly evict them even though they have been paying their mortgage because they can charge somebody else more are they? No fault evictions only happened to tenants.

ODFOD

I can assure you landlords do not evict tenants for no reason. A s21 is used because it's the easiest way as it's a no fault, but tenants who refuse to pay the rent, who refuse to allow statutory checks, who do not engage by failing to report maintenance issues, who engage in anti social behaviour, who wreck the property, have cannabis farms, sublet without permission, all those are why a landlord will serve a s21.

Why would a landlord evict a paying, engaging tenant? It costs a huge amount of time and money. Have some sense, please . . .

@dianthus101 but there are a cohort of people who will never be able to buy. Ever. So what would you have these people do when rentals become harder and harder to get?

Ha. I was served section 21 notice having lived here for 8 years because I didn't have a completion date that coincided with end of tenancy.

Err. If it hasn't happened in the past then there wouldn't be no need for legislation against no fault evictions. Sometimes it is just because the landlord wants to put the rent up.

Rentals won't be harder and harder to get. If more people own their houses rather than rent then not only will there be fewer landlords but there will also be fewer people requiring rental properties.

And my landlord is a Lord. Putting up the rent for the next tenant by 40%. Crap EPC rating. Single glazed metal windows - some of which don't even open and the rest of which are draughty as fuck. Poor tenants living in expensive to live in properties. And he owns lots of these on his estates.

You 'good' landlords are not getting it. There is no profit in being good. Real landlords are bastards.

In which case they'll just put the rent up🙄

Its happening right now! There have been news articles about it! And rents are high precisely because there is a shortage of rental properties. That's how markets work! House prices are high because of a shortage of housing that is predominantly caused by a failure to build to meet supply (rather than landlords) and more smaller households (high divorce rates etc meaning a family that previously needed one home now needs two). And the political near destruction of the social rented sector meaning that is not an accessible option for most, diverting those people into the private market where there is an undersupply.

Focusing on landlords just lets successful governments of the hook for their monumental failures in supply of housing across tenures.

Or because a tenant complains about the faults in their substandard property and about the next door neighbours constantly using their garden as a short cut. That’s the reason my son was served with a S21. Coincidentally the rent went up 10% when it was relet. Oh how we laughed when we heard the next tenant was making exactly the same complaints.

www.statista.com/statistics/804446/property-tenure-distribution-in-the-united-kingdom/

I'm a landlord and I am seriosuly considering selling my BTL due to interest rates increases and ever more difficult rules. My tenants have previously expressed an interest in buying, but had a baby instead, and since then value of the house has increased by approx £30k. They are perfect tenants and there are very few houses advertised to rent in the area and the ones that are are more expensive and not as nice. So the people who will loose out are the young family just trying to live in the village they grew up in.

The situation is messed up.