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.

Is it the landlord’s fault their credit score is too bad for a mortgage?

OP why are you making it about you?

Of course there are some good landlords out there. Maybe you are one and maybe not - would have to ask your tenants! However, unfortunately there are a lot of people who just should not be allowed to be a landlord at all.

Anyone that’s had to rent a number of different properties over the years will have come across shitty rental situations:

• Being forced to move out their home with all the costs associated with it
• Forced after one year renting to accept a huge rent hike just because the ‘market has gone up’ or if you don’t accept then as above.
• Forced to live with broken boilers/leaking roofs/dirty properties on move in/shitty furniture because landlords are too cheap.
• Having a tonne of stuff taken off the deposit for no reason (pre tenancy deposit scheme this was rife).
• Landlords that put absolute shite in the contracts - like no gym equipment I’ve seen before! I’ve also seen ABSOLUTELY NO PARTIES in capitals in the middle of a contract- so unprofessional
• Landlords who you get in touch with and they respond with a message about their own lives, e.g. oh you’ve seen a mouse, we’ve got one in our home too. They are everywhere in London.
• Landlords that actually give a bad reference despite having good tenants and no issues because they have mental health issues (and no this one isn’t me but happened to a friend losing them money).
• Landlords that don’t act reasonable when for whatever reason a situation changes and someone needs out. E.g charging people every fee they can think of despite being able to replace them easily.

It’s easy to see why people get put off.

The reasons you’ve said don’t really make you a good landlord that’s just basics that you need to get right.

Landlords who carve up properties into tiny rooms etc - awful
Landlords who take advantage of housing benefit by charging the maximum amount that’s payable by the benefits for a shitty property not worth it - awful
Landlords that think they should charge as much as possible and encourage tenants to out bid each other etc - awful

Show me where I said that? I was refuting OP's claim that "most people are happy to rent".

Its all my fault, that a single mother did not want to be in temp accommodation for at least 10 years and has lived in their house for the last 7 years. I am just the worse person ever.

Again, this is what bugs people. This pretending that you're doing it out of the goodness of your heart.

Why can't you just accept that you're in it for the profit?

Within the past few years, due to changes in tax it has become far less attractive for landlords to buy houses to rent. They changed the law on the income tax you pay on the profit, and also on the capital gains tax you would have to pay if you sold.

In my area, landlords and no longer buying homes to rent because it’s not financially viable to do so and yet, the house prices are still going up

Watching homes under the hammer gives me the rage, yesterday a landlord had 20+ properties. Bloody greed! It shouldn’t be allowed to happen. Especially ex council properties.

I am not making it about me.

I am posting that not all landlords are the same.

Yet most of the responses on here, just show the hate towards good landlords.

Sigh.

All landlords are collectively responsible. We’re talking specifically about this one because this is the one that started a thread looking for praise. As already mentioned, all landlords are scum.

I don't understand how a poster can say "you're mot providing a service', of course you are. You are providing a house, they are paying for it. Yes a home is a necessity, but so is food and water for example - is everyone suggesting we don't pay for them either?

READ again we are not making a profit on 2 of our properties.

If it helps you are not coming across as "good" despite trying to come across as the next best thing to a charity

I quoted a post that literally said it was the OPs fault that her tenants couldn’t buy a house. That’s absurd.

I am a landlord. I bought the property 8 years ago for £70k and it’s currently worth about £80k. It’s a decent enough area but everything there is old. If my tenants wanted to buy in that area, they could but they would have to pay the mortgage themselves and not with UC rent allowance; they would also have to work full-time. They would have to fork out £2k if the boiler packed up, or £200 if the shower stops working. A lot of people prefer renting for these very reasons.

So what? You are still hoarding them during a housing crisis

This. No one needs to own a load of properties. It's just greed.
We need more social affordable housing not private landlords having their houses bought for them through benefits because rents have risen so high that people have to be subsidised with help for their rent through benefits.

But this is not true. Without landlords, the many people who cannot afford to buy would have nowhere to live. This then causes rent to skyrocket- as is happening now because lots of landlords have had enough and are selling up. Those homes won’t address ‘the shortage of first time properties’ - there isn’t a shortage of properties, there is a a shortage of people who can afford to buy.

If you’re a good Landlord then what’s the problem? You’re sounding very NAMALTy

Sigh

I am not looking for praise, I am asking why there is such entrenched views, as I have said bad landlords that do not provide decent housing and do not fix problems in a timely manner, should be held to account.

Yet here you are saying all landlords are scum!

Exactly this and anyone making money off people’s basic need for a home is immoral

We definitely do it for money, I’m sure most landlords do with a few exceptions. It doesn’t mean we don’t provide nice homes, which tenants are happy with. We do. It’s ridiculous that people say all landlords are bad or scum. 🙄

I think landlords do have a bad name for various reasons. Some are obviously awful, but of course there are good landlords.
its a touchy/emotive topic as obviously having 4 houses whilst many people are struggling to buy will put their backs up.
however looking at the wider picture I don’t agree with the injection of morality into it. How can you make a moral judgment on a decent landlord but not the same on someone who works for the DWP, or BAE systems for example- all contributing to systems which oppress people. I just find snap moral judgments odd, ultimately it depends individually on the set up, if the tenants happy and landlord happy I think it’s fine. Individually, it’s not any one landlords issue that the housing market is the way it is or that there’s a lack of social/affordable housing. Just like how one person buying something from shein isn’t single-handedly responsible and evil for creating the conditions that mean cheap labour is the norm.
tldr it’s on a case by case basis. For many tenants they are paying for the convenience of not having to make a long term financial decision and repairs covered for them (although loads of landlords are rubbish and just don’t do this) but as long as it works for them I don’t see the harm.

No, but they’re not some sort of saviour either, since most landlords require a good credit score themselves. It’s funny how people don’t have a good enough credit score for a mortgage yet they can pay the equivalent of a mortgage every month to a landlord with nothing to show for it 🤣

Not making a profit? Do you mean their rent only covers the mortgage?

Thames water?
Every single bank ever?
the supermarket?

this is such a dumb argument.