To think that Landlords have a bad name.

[Arewe29]

NC for this.

Is it just me or are all landlords frowned upon a MN.

We own and rent out 3 properties all our properties are rented out to young families, just under market rate, we allow them to decorate their homes how they like, and if there is any issues or problems they just call us and we sort it out ASAP.

I know that there is some terrible landlords out there, that should be dealt with but there are thousands of other that are decent that follow all the laws and their tenants are very happy.

But you could if you wanted to, freely issue a S21 tonight and they’d have to leave in 8 weeks (I know ppl stay longer but still).

Do you not have any sympathy for ppl who might face a S21 through no fault of their own?

I don't think my mortgage provider can turf me out with 8 weeks notice.

The tenant indirectly pays for it if the rent is more than the mortgage.

I’ve seen LL put up rent to cover the cost of fixing x,y,z, ergo the tenant indirectly pays.

Of course I have sympathy for those that have S21, its terrible. I also see that sometimes LLs need their property back, the houses that we rent out will never just be sold.

Can you also show me where I have said that I would issue a section 21?

My neighbour's house is identical to mine. The difference between what they pay for their mortgage aad what I pay for my rent is £530 every single month. Don't tell us that's in case the boiler breaks 😂

Of course the tenant pays for it indirectly as they are using the item.

The tenant is not just paying the mortgage they are paying rent to cover items in the house. Just like when you are staying in a hotel, you are paying towards staff, costs, wear and tear, admin of your booking.

@Applescruffle you still have not answered the question of where everyone would live of there were no LLs. As a renter where would you live?

How long ago did your neighbours move into their house?

You haven’t said you’d issue a S21, I didn’t say you had.

I said you (as with any LL) COULD. You have the power over their home. Regardless of what a LL says they have the power to remove someone’s home in 8 weeks.

It might not even be nefarious, it could be cos you’ve lost a job, BTl mort triple, DH died, daughter divorced and that house would be perfect for her.
You’d be a fool not to evict in those circumstances. I’m sure many LL have had to make that difficult unexpected choice.

I’m not anti-LL, I’ve no skin in the game as I own my home. I just really feel it for those in precarious housing.

Tbf, a hotel isn’t appropriate permanent housing either.
It’s a completely different business model.

Your rent is going to be more than your LLs mortgage as they have other bills to pay, if your boiler breaks who pays for it?

I thought you were insinuating that the LL pays for the boiler. I see you were telling the renter that the excess was her cost.

Presumably she won’t get the difference back if the boiler doesn’t break, but that’s the LL profit/Risk I guess.

If there were no LLs the renters would be in an even more precarious position.

I think that section 21 should not be used, if you need a property back that is someone's home then you should not be a LL.

What I am saying when you rent you are not just paying for the house, you are paying for the wear of the boiler, the wear of the carpet. Just like any other business model.

We sleep fine too. 😉

We’ve just made changes in one of our properties as one of our tenants has developed a health condition and was struggling with something. We’re such scum! 🙄

You are a piece of scum.

Its amazing that all those calling us scum, have not answered a question of what would happen if there was no LLs, one that hates them so much is actually a tenant where would they live....

Many landlords are leaving the sector now, the government have really cut the previous tax benefits.

Landlords have sold up and yet there is still a housing crisis.

There are good landlords and bad landlords. They are good tenants and bad tenants.

I’d have a lot more respect for landlords on MN if most didn’t claim to be/do at least one of following….the best ever humans who aren’t really making much money, obviously fix everything immediately, have immaculate new bathrooms and new kitchens and of course, they always charge below market rent.
We are not daft, you’re not letting properties out of the goodness of your heart. Of course some people do kind deeds. Overall, you are benefitting so stop with the ”giving families a home at waaayyy below market rent” bollocks.

Yes, the less supply there will be, the more the rents will shoot up. The government are shooting themselves in the foot by hating so much on Landlords right now.

Haven't RTWT but yes, private LLs do have a bad name. Not a tenant myself now, but I've had good ones and bad ones over the years.

Because there is a 'crisis' in housing our people and workers with so many facing very real hardships because of this it becomes hard to equate earning money through property ownership.

If you want to earn money by being a LL for whatever reason be prepared to being seen as the 'enemy'. If you aren't prepared for that, then sell your spare/extra property instead.

I doubt that very much. There is a mass exodus of landlords out of the business you'll be pleased to hear. That's one of the reasons there are so many threads on mn about people being unable to find anywhere to rent. That's due to government policy by the way . . ..

Whilst on the subject, I do object strongly to airbnbs and short term holiday lets. These people are awful by taking properties out of the home rental market and turning them into holiday homes. Now that's a real issue.

Of course we are benefiting its an investment.

Our business model is that we keep the house nice, with good carpets, new window etc as letting the property go will cost us more money in the end, its also someone's home.

We also keep it below the market rent, as we have great tenants that pay every month and keep the house in good condition it works both ways.

Maybe its not bollocks what landlords are saying.

I think that section 21 should not be used, if you need a property back that is someone's home then you should not be a LL.

I suspect you just want ppl to tell you how shit you are. You aren’t, you saw a business op and took advantage, most would.

I imagine many LL don’t expect to issue S21, I’ve heard them on the radio, but life happens.

are you really saying you want S21 abolished?

Do you accept that poor LL exists? And if so, why are you arguing with everyone who points this out?

Maybe if councils could buy the ex-council homes LL’s are selling they could cut the HB and temp accommodation bill and offer more families a permanent safe home.

Yabu. 4 properties. Embarrassingly greedy. 🤮

I said in my OP, that there are bad landlords and they should be dealt with.

I have said to you countless times that all LLs are tarred with the same brush and why do people feel this way.

I am not arguing with any posters, I am sure you can see the posters with extreme views have been unreasonable.

You also say that councils could buy the ex council homes, most LLs have not purchased council homes. I offer and most landlords offer permanent safe homes.

Also I don’t blame LL for leaving the market (who are they selling to, ppl who were previously renting? Thus freeing up a property?)

The core remit is to make money. The govt has made that harder. So they are selling up.

Really, this situation should never have occurred in the first place, there always needed to be private LLs, it’s the failure of social housing, RTB etc thats distorted the market.

https://www.statista.com/statistics/286444/england-number-of-private-rented-households/#:~:text=The%20number%20of%20households%20occupied,4.6%20million%20households%20in%202023.

https://www.insidehousing.co.uk/news/16bn-in-housing-benefit-paid-to-private-landlords-for-non-decent-homes-research-reveals-81194

4 homes, 3 of which provide families with homes

Yes, mostly because it's a ridiculous question tbh which actually I have answered indirectly by explaining how I feel about landlords driving up property prices. I thought it was fairly obvious that if landlords are driving up property prices and there were no more landlords, properties would be more affordable and so those poor renters that you so benevolently allow to live in and paint your property would be able to buy their own. You chose instead to sarcastically reply that "yes I am driving up property prices singlehandledly" or some similarly worded comment, even though I suspect you know full well I meant collectively.

But I will try to explain it to you once more even though you seem hell bent on only being defensive.
You speak as though landlords do actually provide housing. They do not. They actually make housing inaccessible by buying up more houses than they need and charging much more than they are worth. This put renters in a financial trap which makes home ownership impossible. Someone who is able to pay their own bills plus their landlord's mortgage and a decent profit for their landlord is not someone who is too poor to own a home, it is someone who is being exploited. One working class adult earning a full time wage absolutely should be earning enough to own their own roof over their head without ever needing to rent, never mind two people living together. £300k for a house that cost £37k 25 years ago is an absolute travesty. We wouldn't allow the price of food to increase by an amount that ridiculous which is totally incompatible with wage increases. Why a basic need like shelter?
Now, I'm not saying we should make one massive socioeconomic change in one sweep and bann all landlords from tomorrow. That's never going to end well. What I said was that they shouldn't exist, and that's to say they should never have been allowed to rise up in the first place. They certainly shouldn't be present in the numbers they are now, like some sort of cancerous, blood-sucking growth on the housing sector. And had they not been allowed to multiply and become the norm to the point where families are praising them for being nice enough to do their annual gas safety checks, we wouldn't have a bunch of people with nowhere to go should they all dissappear tomorrow. And just because leeches landlords do exist and they have completly fucked over the market and trapped millions of people in their webs with little choice over their own homes doesn't make their existence any more desirable or what they do any less immoral.
Honestly. "We've got them now and they've nowhere to go so its a good thing we exist". That's your defence. Pretty pathetic.