LL wanting to put rent up - Twat!

[SantanaBinLorry]

This is the 5th house ive lived in with a shit back door.
They are aaaaaall unusual sizes, of course! I swear LL's must think we're fucking stupid, maybe we are!

Its the faux surprise... YOU FUCKING KNOW THE DOOR IS SHIT....why are you just now, 30 odd years after owning the house realizing it might need fucking replacing.

Don't get me started on the 80% of the double glazing that has blown - most with broken latches, the hall way full of black mold, the stair carpet that was fitted by monkies, the frayed carpet at EVERY door way, no extractor in the bathroom - more black mold. The stain on the kitchen ceiling from a leak (not our fault) 2 years ago
Outside tap broken, inside tap dripping 2 ltrs a day, over flowing guttering and the back fence has just blown down. Also the fact we offered more rent each month at the beginning of our tenancy as we were desperate to secure the property, and we are STILL waiting for our new TA since the renting regulations changed in Wales last year.

Txt this morning to say he was putting rent up by £50 from next month.

I know I'm not unreasonable, hes a twat and I just needed to rant.
I've rented all my life, will never own, late 40's and two teens and I'm just sick of being treated like shite by moneygrabbing bastards!

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Yeah cash in hand every month he’s crap and coming for his rent money as well tells us a time and you guarantee that he will be an hour later than he says there have been a few occasions where I have sat in waiting for him and he didn’t bother to turn up and I had to message him to see where he was only to be told he would get it the next day. Honestly it wouldn’t surprise me if he hadn’t put it in the deposit protecting scheme. The more I think about it the more dodgy he sounds. At the time when we moved in we were just desperate to get somewhere and we would’ve accepted a cardboard box but now we want kids and the place is falling down around us and we are paying £450 a month for the privilege seems a bit of a joke really.

Your last sentence proves you are in fact a terrible human despite your ridiculous protesting otherwise. You're not better than OP because you buy houses ffs.

Agreed.

What a helpful contribution

In my experience most landlords buy into property as they see it as their pension. About 50% of my friends and family are LL.
They buy for huge profits from the increases in house prices over the years.
They are NOT LL to give people housing out of the goodness of their hearts, they are in it to make money. Maybe not month on month but certainly upon sale of the house when lets face it, they wont give a toss about bucking the tenants out. To even suggest it is a charitable action is laughable.

Agreed. Can landlords please stop pretending they are doing it out of the goodness' of their hearts. You're doing it to make money. Don't play us for fools

It's ok to do something that's widely seen morally dubious, but you have to own it. If you can't stand the heat- sell the kitchen (and the rest of the property)

I'm homeowner not a renter so have no skin the the game personally, but in a professional capacity I am well aware of the problems caused by private landlords.

I'm not pretending to be some angel, I'm doing it for money, but I can try and do it without being a cunt.

At least you are honest about the ultimate goal being to make money, not benevolently providing slums for the poors to live in out of the goodness of your heart.

I’m a landlord and want to sell, but don’t want to make anyone homeless and I know there is nothing out there for them to rent. However, I’ve reached the limit of what I can handle stress-wise.

I have had mostly decent tenants who have been with me for years (currently between 6 and 10 years). My rents are two thirds of market rate. Like others, I deal with repairs quickly.

But the small income is no longer worth the level of ongoing stress.

I’ve now decided to sell each one as a tenant leaves. However, as my accountant pointed out, nobody will ever leave because of my cheap rents.

One set of tenants has cost me a fortune. They liked their bedroom curtains shut at all times, never opened windows, kept their cat litter trays in there until the walls were covered in black mould. After explaining how ventilation works, I had new windows fitted with vents because I wanted to reduce the risk of further damage. This household gives me the most stress. Lots of naivety about how to look after a house, leading to frequent phone calls and stress for me.

It’s these tenants that have made me want to sell. It’s stressful anyway, but it’s these who seem to often tip me into feeling I need to stop doing this for my own mental health.

My accountant advises I increase the rents to market rate as this may make movement more likely. I don’t want to do that. Neither do I want to make anyone homeless by selling.

I suppose I could consider selling the house of the tenants who cause me difficulties. It’s something I never wanted to do, but it’s just not worth the emotional cost.

'Each one'. That does sicken me. How many houses do people need? If landlords weren't snapping up loads of properties as soon as they come on the market, maybe, just maybe some of these nasty renters may be able to buy . The cheaper they are, the more landlords seem to want to stop anyone else owning them. It's pure greed a lot of the time.

Two doors down from us a lovely house went up for sale a few years back. Three beds, not huge but a real family home - nice garden etc. We knew a couple of the people who went to look at it - it was 'affordable' for our ridiculously priced city and they were very keen.

Oh no though, greedy landlord, who already owns about 12 houses around the city put in an unturndowbnableoffer; spent a year adding and converting, now rents it out for £7000 a month. There's no garden left, 7 tiny bedrooms and another several families still looking. It's hideous.

Younger people and families could afford to buy if the prices weren't so increased by people like that taking them out of the market.

But I imagine you might also feel sickened by three families being made homeless. Or by me raising the rents to market rate.

Some would feel sickened by the damage that was caused to my house; maybe the other families in need of a home, that would have treated it with so much more care.

I don’t think it’s a black and white issue.

It isn't, but it really doesn't justify the greed of snapping up homes which landlords with a 'portfolio' don't actually need.

If you'd ensured you bought them with a big enough financial margin to deal with these issues you wouldn't have had to. Or, you know, just not bought them and left them on the market for people who want to buy.

The downside of a business is sometimes you lose money. It's not going to be risk free profit.

So no, you aren't some hero in this story. You snaffled up lots of homes that people could have bought. Presumably with the goal of making money not for altruistic reasons.

A landlord tried to buy a property from some relatives of mine recently. He offered them well under the asking price. He even lied to the estate agent to say that he thought their shed had been broken into so the owners would go and check and he would be able to ask them in person to accept his offer. He tried to spin some story about the work that needed doing and making his tenants happy.

The reality was that he already owned three houses in the road (plus more than a dozen more) and was apparently notorious for not making repairs or renovating properties in disrepair. It was how he maximised profits. Thankfully they made an excuse not to sell to him.

These people give landlords a bad name, and I can think of more (including my own father and stepmother who have had the same tenant for many years) who rent out homes responsibly and decently.

Your last paragraph proves that you are, indeed, a twat.

All these landlords that apparently rent out their homes at "below market rent". I've NEVER seen anyone actually do that. I call bullshit

Agree 100% and I'm a social housing tenant so luckily don't have to deal with it. I wish these people would stop pretending they're doing it for anything other than money and stop whining about how stressful it is. All this "my diamond shoes are too tight" bollocks.

Look into the new fitness for human habitation legislation regarding the black mould. If they have been notified of it and haven't done anything or further investigated then you won't be liable to pay rent. There are also many other factors that come under this legislation so definitely read up on it and see if any apply to your property.

I have seen it. Usually it happens when the LL has a decent tenant who has rented from them for a while and they don't want to risk losing them by pricing them out. So they renew the tenancy with no price increase, or a minimal increase which is below market value.

When the valued tenant moves on, you can guarantee that the LL will whack the rent right up for the next tenant moving in. That's why you never see new rentals offered cheaply.

Full disclosure: I rented privately for 30 odd years from both wonderful LLs and horrendous LLs and now I own.

Don’t blame you at all OP. Far too many greedy and work shy landlords out there.

Your last sentence is absolutely vile.

Some landlords are a total disgrace

@forcedfun

I did. It's not a financial issue, it's a stress issue.

I think many people don't realise the diabolically bad state of the rental market at present. There is almost nothing out there and what there is, is priced sky-high and often a complete shithole. People have no choice really, if they can't buy anywhere. It's pay through the nose for a dump or be homeless.

At the same time, the ever-tightening restrictions on landlords and greater difficulties evicting problem tenants means that more and more are selling up and only the really hard-nosed bastards are remaining in the rental game.

I honestly think it was better when it was less regulated but plenty of stock available.