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.

They’re always the same. Quite amusing.

Oh do go away

No 😆

I've just paid three and a half thousand for carpet for a rental. It's wool, lasts longer than the cheap stuff.

And seeing young kids having to move school and be uprooted from their friends and community as their parents can no longer afford local rents, due to grasping landlords who are putting up rents by 30% - is doing nothing to abate my disgust. Local teaching assistants and key staff are having to move out of areas too.

And my point is, why does it matter what people on MN say? If you’re a good Landlord then does it really matter? You have tenants and you’ll continue to have tenants as long as you’re not dodgy. I don’t see how people on the internet impact that

Yeah I think a few years back it was seen as aspirational to get a BTL, whereas nowadays with the rental market (including average proportion of income going on rent, particularly in cities), housing shortage, cost of living crisis and difficulty getting on the ladder, there’s huge amount of resentment towards landlords who are basically seen as parasites.

Due to increases in mortgage costs, increased risk, increases in taxation, increases in maintenance due to the cost of living - all due to government policy.

I know a couple of people who plan to give their children flats when they are grown up. They let them out now but the plan is to pass them on. It’s the expectation in the culture they are from that parents will do this.

Not everything is a necessity

I do agree with this. Why do you care OP?

We rent out properties, we make money, they’re an investment. We provide nice homes for tenants who want/need to rent them. I don’t really care what people think. I know I’m not ‘scum’, my loved ones know that, so if someone wants to judge me based on one thing I do, that’s their issue.

This, extortionate rents instead of affordable buy or rent. ( affordable for those on NLW, not over double that!)

No because having more then one TV or car won't prejudice the life opportunities of others.

I literally have on other posts on other threads

Well not car manufacturers but certainly supermarkets

Theres a massive difference between thinking capitalism at the point it is right now is not really working fundamentally for the majority, and wanting to live in a totalitarian dictatorship

I wonder if they all think that owner occupiers should not make profit on their homes.?

Yes there might be market conditions which make life less profitable for landlords but it’s still an unpleasant and unethical business in my opinion to price people out of homes. And businesses are supposed to be about taking risks too. IR35 pointed this out. As far as I’m concerned the government should hammer landlords and landlords should be prepared to take on business risks without the constant dirge of complaints that it’s just not fair on them. I’m a homeowner and think it’s just not ethical in the current circumstances.

Food, water, clothing etc? All necessary and all produced/provided by others making a profit.

Absolutely, almost everything we buy someone will make profit on. I can’t understand why people are being so over the top about LL!

I made a point earlier about how no LL are buying in this area any more and yet prices are still going up and everyone wanted to ignore it because it doesn’t fit their narrative!

I think the issue mostly is not necessarily that landlords are renting out houses, it’s that they are hoarding houses, ex council houses or cheap starter homes on the cheap, renting them out for a fortune, the tenancies are insecure, most you can’t decorate or have pets and you need to be earning x amount to live there, they won’t allow benefits etc a lot of the time, so the people really struggling are stuffed.

They have the monopoly, so there’s people out there that can’t afford it and the ones that can are usually struggling month to month to keep a roof over their heads, with no hope of ever affording to own as they’re stuck in a rental trap. Landlords act as if they’re being charitable, but it’s their actions that have got us into the situation, and that is the crux of the issue

I've literally answered this already on this thread

@@Applescruffle @Beezknees I appreciate the points that you’ve made, but if all landlords were abolished, what would you suggest people do when they genuinely don’t want buy a property?

Both I and my DH rented (separately and then together) for over a decade in our 20’s and early 30’s while we pursued various work opportunities. Some leases were for a year, others for two to four years, in shared houses and flats. Neither of us wanted to buy anywhere until we were ready to settle down.

Where we have lived if rental properties didn’t exist? Wouldn’t a lack of rental properties limit people’s ability to find work opportunities outside their home towns, for example?

Some people do need (or want) to rent. Maybe they aren't eligible for a mortgage, or maybe they're just starting a relationship and aren't ready to buy, or maybe they are moving around the country for jobs. We need a supply of rental properties.

A lot of posters don't seem to acknowledge that and think that the mere existence of landlords is immoral. Yes, some are good and some are bad, but attacking people merely for owning a rental property is weird.

I wonder what the landlords are bad peole would say about people renting out a room in their house?

We’re treated like shit, and as a tax cash cow.

Ive sold all of mine. If you need somewhere to rent then GFY, im not a social service.

Its over. The haters can own it.

DH rented a house with his ex in the early 70s, a property the landlord inherited, therefore no mortgage. The landlord charged peppercorn rent in exchange for it being lived in and cared for until his kids were old enough for it. The rent was a third less than the council house he later had.
For years, he thought private rents were cheaper than council housing.