The joy of being a landlord


Awesome!
That’ll be getting passed straight on to my tenant if it goes ahead.
Liked because you are right.

You cant tax landlords without rent controls, its just a business expense that gets passed on.

My inflation busting annual rises started the year after osborne changed the tax system for landlords.
 
25 year tenancy at £400 pm without his prior knowledge :eek:

I'm on his side here, he did everything right, even let them stay for 17 years as per the terms of the tenancy which was enforced by a judge at a hearing. Gave them the opportunity to do the right thing and they didn't, the law and legal system failed him. So he took matters into his own hands.

The tenant is trying to sue him for damages, but I hope she loses and he wins as he is owned 10s of thousands in rent arrears and damages. The only reason she has got away with it so far, is because it's a women with children (who are now all nearing their 30s).
 
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Not directly related to landlords, but the rumour mill (Twitter) is saying that the govt might scrap the single persons 25% council tax discount.
So that coupled with landlords passing on more cost to their tenants is going to make renting even more unpalatable.
 
Not directly related to landlords, but the rumour mill (Twitter) is saying that the govt might scrap the single persons 25% council tax discount.
So that coupled with landlords passing on more cost to their tenants is going to make renting even more unpalatable.

The riots a few weeks ago will pale in comparison to what will happen if they do all of that.
 
Not directly related to landlords, but the rumour mill (Twitter) is saying that the govt might scrap the single persons 25% council tax discount.
So that coupled with landlords passing on more cost to their tenants is going to make renting even more unpalatable.

I'm of the opinion it should be 50% discount but there we go. Then again, I feel CT should be fully reformed. IMHO, I actually think that the Poll Tax was a much fairer system than CT but I am happy to hear arguments against how it is unfair as I am sure there are people here who were against PT when it was being rolled out - interesting to find out if it was serious objections or just "feels"
 
Council tax needs serious reform. The values are 33 years out of date which is frankly ridiculous. Council tax based on these figures is a much higher percentage of property value for low value properties than high ones.

The single person discount encourages poor use of property, coupled with stamp duty reform the entire system needs reworking. As usual the current system favours the most well off.
 
My last tenant is moving out this weekend so I'll officially no longer be a landlord!

The house has been on the market for a month or so and I'm hoping now they're gone it might shift fairly quickly, especially as I moved onto a tracker so I didn't have any ERC which meant a higher interest rate. A couple others have sold recently on the same road, so I've told my agent to match the price for a quick sale.
To be honest, it'll be good to be out.
 
Council tax needs serious reform. The values are 33 years out of date which is frankly ridiculous. Council tax based on these figures is a much higher percentage of property value for low value properties than high ones.

The single person discount encourages poor use of property, coupled with stamp duty reform the entire system needs reworking. As usual the current system favours the most well off.

Define poor use?

Single adult in a 2-3 bedroom property, and the only reason they have a 2-3 bedroom property is too accommodate their children when the ex wife allows them. Is that still poor use? Without the extra rooms that person wouldn't be able to have their kids at all.

I agree council tax is very out dated and needs reform but the current government aren't talking about that. If they were maybe the response would be very different.
 
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The tenant is trying to sue him for damages, but I hope she loses and he wins as he is owned 10s of thousands in rent arrears and damages. The only reason she has got away with it so far, is because it's a women with children (who are now all nearing their 30s).
if he started a go fund me, people would probably donate.

I feel sorry for the guy, sounds like he was possibly spending most of his money on mortgage repayments and didn't have a great life for the 17 years he waited for the tenancy to expire.

Not surprising he totally lost it
 
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In response to https://forums.overclockers.co.uk/goto/post?id=37343110

I think the reason I took issue with your first comment is the point where you said its almost always the tenants fault. If you said it can sometimes be triggered by tenant benahviour then that is something that is easier to accept.

To give you some examples from my rented home. It is rated F for EPC, and the primary issues for the grade as listed on the page is ventilation problems. There was an investigation for mould issues in my bedroom which have now confirmed to be structural, there has also been mould issues in my bathroom, currently the council and my landlord are arguing over it. The landlord said he will paint over it (which has been done), and make sure the extractor fan is working, I was asked if I am happy with that by the council, I said yes for obvious reasons, but they are refusing to let it go, as their opinion is the extractor fan is inadequate to get the moisture out of the room. They want a window in there, I actually do agree with the council on that one, but I dont think its worth the hassle. The mould issues in the bathroom were not huge to be fair. In terms of drying clothes, I currently dry my clothes on a rack in my kitchen, my choice to use that room is that the kitchen has the best window for ventilation. Now the thing is, I know that if you try to dry clothes indoors with no ventilation, it takes an eternity for them to dry, and it smells, not in a good way. I quickly learnt, when drying clothes, max out the ventilation. So I am not convinced this is a widespread problem where you have tenants refusing to ever open windows whilst drying clothes inside. There is obviously a reason people typically dry clothes on a washing line in the back garden. The kitchen has no mould issues at all. It is also the only room in my flat with double glazed wide opening PVC window. The front windows, are wood framed, the wood got in such a bad state, the handyman had to come round and basically remove bits and replace with new wood. But the main issues with these windows, they are horrible for ventilation, they open in a way where not much air circulation happens. I also had a period of almost a year, where the landlord left scaffolding up outside that prevented these windows from being opened at all.

Had some interesting conversations with people who specialise in this, the people the council sent round, they told me a tell tale sign of its structural or not is how quick the moist builds up. If the structure is sound, then it will take a long time for damp to build up in the property, you would need to keep windows closed for several weeks before even getting the smallest of symptoms. Whilst when its structural, you can leave your windows closed even only for a day, and walk in and can smell the damp in the most extreme cases.

Ultimately there is many things at play here, some properties will take hours to heat up, and hesitancy in opening windows after the home is heated up in those situations is understandable, this is of course part of the reason there is a push in the country to improve heat efficiency in homes, but sadly the majority of those efforts are on owner occupant properties. Double glazing isnt a part of it all either even though a large % of rented properties are still using single glazed windows with rotting frames. The existing framework that regulates an E on EPC isnt enforced and the plans to change this to C were abandoned likely for reasons of practicality.
 
This guys singing from the roof tops with joy


Yikes!

Ms Clulow, 29, said: ‘He’s lived in the property since he was eight years old. It’s the home he grew up in.

‘Many years ago he took up the opportunity to buy it from the council.

‘He had to go away and he asked a relative to get someone in to cover his mortgage.

I do wonder if the place where he has to go away to was some sort of "institution"?

9wktDuo.png



‘It was on the condition that when he needed the property back all he needed to do was give six months notice.

‘In 2007 he applied to get his house back. He went into a court hearing and thought he would be able to move in but the woman was there with a solicitor, a barrister and someone from the council.

[...]

Mr Scudder is also being sued by Ms Kramer for unlawful eviction for which she is seeking damages.

He is counter suing saying he is owed £14,000 in rent arrears and £17,000 damages to the property he claims were caused during Ms Kramer’s tenancy.

I think there should be higher standards landlords need to meet but also there probably needs to be a simplified eviction process in the case of arrears, it should happen relatively quickly and shouldn't require lengthy court battles - rent arrears -> get out.

Anything else can be argued separately to that.

Lots of risk/uncertainty needs to be removed from the market either way if we want a more efficient system - bad landlords should lose the ability to rent out properties and deliberate damage from tenants shouldn't just be something written off.

Likewise, we've got so much inefficiency in the planning system in general which has introduced this huge shortage of housing and allowed for dodgy landlords to stay in business and indeed incentivised tenants to stay. Not to mention local authorities often advise renters to stay put (even when they're not paying) until they're literally forced out - it's pretty unethical on the part of the local authorities but again that's part of the issue we have with the incentives caused by lack of housing supply.
 
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So Mr Stalin , what an absolute tool you are!

Gues who's rent just went up 10 to 15% - everyone who rents privately that's who . The landlords forums are alive .

Section 21 most landlord's can deal with but the possibility of having to vett , signing in and signing out new tennants every 2 months could be the straw that just broke the Camels back - why have you introduced periodic tenancy agreements that means you can move in for 2 months and instantly give notice .
 
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There seems to be this odd picture painted that landlords love playing god and evicting genuinely good tenants on a whim for absolutely no reason other than the lulz - it's not grounded in reality.
All these reforms will do is reduce rental supply & increase rents.
Those who will suffer most are the poorest or less-than-perfect tenants - What landlord would dare take a risk on them now?
 
There seems to be this odd picture painted that landlords love playing god and evicting genuinely good tenants on a whim for absolutely no reason other than the lulz - it's not grounded in reality.
All these reforms will do is reduce rental supply & increase rents.
Those who will suffer most are the poorest or less-than-perfect tenants - What landlord would dare take a risk on them now?

There are many egregious examples of Landlords absolutely doing over tenants, and whilst "not all Landords", there needs to be protections in place for tenants so stop this, which is what these things are being put in place to do.

Landlords should not be taking risks on bad tenants with these things are in place, which is why Landlordism needs to be taken away from the Landlord class and bad tenants are looked after by the council. Hopefully this will mean a massive increase in social housing which is part of what made Britain great and successful and not the miserable failure of a state it is now.
 
Here we go..


The comments are pretty much as expected.


All of the above sounds fair enough, apart from maybe scrapping fixed term and introducing periodic tenancies.
My latest tenant has just signed for a year, so when I sell after that term hopefully it should be straightforward enough.
The twitter link also has a link to this story.

https://www.independent.co.uk/news/...nd-parliament-matthew-pennycook-b2584097.html :eek:

Time will tell how things pan out, but its very clear why new legislation has been prioritised.
 
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There are many egregious examples of Landlords absolutely doing over tenants, and whilst "not all Landords", there needs to be protections in place for tenants so stop this, which is what these things are being put in place to do.

Landlords should not be taking risks on bad tenants with these things are in place, which is why Landlordism needs to be taken away from the Landlord class and bad tenants are looked after by the council. Hopefully this will mean a massive increase in social housing which is part of what made Britain great and successful and not the miserable failure of a state it is now.
First I heard of the double lock rent rise plan, so Labour previously had commissioned their own report which recommended capping rent rises to either inflation or wage increases (presumably the highest of the two). But according to the article have abandoned the idea.
 
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