When landlords costs continually rise (insurance, maintenance, licensing, taxation, interest rates, agents fees etc etc) rents have to rise to cover them. It's that simple.
That is true although one would presume that to a certain extent landlords being entrepreneurial in spirit as business owners maybe have been natural Tory voters and tenants possibly not so much? I speak in the past tense as I...
I think it was supposed to be comparing LLs with OOs which completely ignored the Generally Accepted Accounting Principles of a business being able to deduct legitimate expenses. Apparently a landlord is not running a business . ..
When S24 was introduced by George Osborne in the Spring budget of 2015 the dreadful ramifications were immediately obvious and during the year that followed I met with my (Conservative) MP three times to lobby him, pointing out how unfair...
I learned it the hard way, just the once and that was enough for me. Serial scamming tenant lived at my place for nearly 3 months and never paid a penny, UC wouldn't talk to me because T had told...
Reply to the comment left by Cider Drinker at 16/04/2024 - 15:30It's a real pity that a S21 came to be known erroneously as a "no fault eviction". As we know, a S21 was very rarely that. Setting up a...
Just as aside, it's not a good look for a landlord to make a public comment calling himself, "Cashflow King" and that comment is inflammatory as well. We're already public enemy number 1 as it is without being tactless as...
The Tories have managed to cleverly (!?!?) engineer themselves into a lose lose situation with the electorate, losing the support of their natural support base, landlords, with their relentless onslaught over recent years while not appealing to the likes of...
The rise in S21s is probably due to the number of landlords wanting their property vacated as they are selling up due the government's anti-landlord policies. Give it another year and the number of S21s will drop naturally anyway as...
Not sure that the clients review system on Airbnb would do deathtraps any favours either. It's bad enough if there is a dog barking in the neighbourhood or lack of a decent teapot!!
Reply to the comment left by Andrew Morris at 19/02/2024 - 10:55Very true. On a new tenancy every penny of the first months rent goes in fees to the agent, which is bad enough when the tenant only stays 6...
The interest rates being low for so long is the reason that many tenants are only now experiencing rent rises - many landlords stuck with the status quo and didn't raise rents for years.
An interesting stat from Adam Lawrence, Partners in Property/Propenomix, this morning regarding rent affordability, "Since Jan 2005, rents are up 46.5% across England (as of May 2023). Average weekly earnings (staying nominal) are up 71.6% in the same period. We...
Reply to the comment left by The Forever Tenant at 06/10/2023 - 14:38"no party "hates" landlords. Most MPs are landlords themselves" Agreed. What they are is shallow and fickle. They lack backbone and loyalty and will say anything to try...
Excellent news for the 40% of tenants that have not had a rent rise. They are doing well then. Remind me again what other commodity has not had a price rise in the last year . . .fuel? food? clothes?...
I feel for renters and their rents rising at the fastest annual rate and also for owner occupiers and landlords who have seen their mortgages rise at the fastest annual rate in recent years, and for everyone, all of us,...
28th December 2024, 1 year ago
When landlords costs continually rise (insurance, maintenance, licensing, taxation, interest rates, agents fees etc etc) rents have to rise to cover them. It's that simple.
Read More →Reply to comment left by David Fox at 23/05/2024 - 10:12
That is true although one would presume that to a certain extent landlords being entrepreneurial in spirit as business owners maybe have been natural Tory voters and tenants possibly not so much? I speak in the past tense as I...
Read More →Reply to comment left by Lou Valdini at 18/05/2024 - 18:15
I think it was supposed to be comparing LLs with OOs which completely ignored the Generally Accepted Accounting Principles of a business being able to deduct legitimate expenses. Apparently a landlord is not running a business . ..
Read More →Reply to comment left by Lou Valdini at 18/05/2024 - 14:35
When S24 was introduced by George Osborne in the Spring budget of 2015 the dreadful ramifications were immediately obvious and during the year that followed I met with my (Conservative) MP three times to lobby him, pointing out how unfair...
Read More →Reply to comment left by Lisa Newton at 27/04/2024 - 09:47
I learned it the hard way, just the once and that was enough for me. Serial scamming tenant lived at my place for nearly 3 months and never paid a penny, UC wouldn't talk to me because T had told...
Read More →Reply to comment left by Simon Gear at 16/04/2024 - 15:30
Reply to the comment left by Cider Drinker at 16/04/2024 - 15:30It's a real pity that a S21 came to be known erroneously as a "no fault eviction". As we know, a S21 was very rarely that. Setting up a...
Read More →16th April 2024, 2 years ago
Just as aside, it's not a good look for a landlord to make a public comment calling himself, "Cashflow King" and that comment is inflammatory as well. We're already public enemy number 1 as it is without being tactless as...
Read More →8th March 2024, 2 years ago
The Tories have managed to cleverly (!?!?) engineer themselves into a lose lose situation with the electorate, losing the support of their natural support base, landlords, with their relentless onslaught over recent years while not appealing to the likes of...
Read More →4th March 2024, 2 years ago
The rise in S21s is probably due to the number of landlords wanting their property vacated as they are selling up due the government's anti-landlord policies. Give it another year and the number of S21s will drop naturally anyway as...
Read More →Reply to comment left by Lou Valdini at 26/02/2024 - 14:54
Not sure that the clients review system on Airbnb would do deathtraps any favours either. It's bad enough if there is a dog barking in the neighbourhood or lack of a decent teapot!!
Read More →Reply to comment left by Andrew Morris at 20/02/2024 - 12:28
Reply to the comment left by Andrew Morris at 20/02/2024 - 12:28Mine too but will revert to unfurnished later if it's a problem.
Read More →Reply to comment left by Andrew Morris at 19/02/2024 - 10:55
Reply to the comment left by Andrew Morris at 19/02/2024 - 10:55Very true. On a new tenancy every penny of the first months rent goes in fees to the agent, which is bad enough when the tenant only stays 6...
Read More →Reply to comment left by John Smith at 09/11/2023 - 23:06
Plus rocketing interest rates mean the effect of S24 is compounded.
Read More →Reply to comment left by Dave Johnstone at 13/10/2023 - 09:14
The interest rates being low for so long is the reason that many tenants are only now experiencing rent rises - many landlords stuck with the status quo and didn't raise rents for years.
Read More →Reply to comment left by Jonathan Cocks at 08/10/2023 - 21:25
An interesting stat from Adam Lawrence, Partners in Property/Propenomix, this morning regarding rent affordability, "Since Jan 2005, rents are up 46.5% across England (as of May 2023). Average weekly earnings (staying nominal) are up 71.6% in the same period. We...
Read More →Reply to comment left by Jonathan Sterling at 06/10/2023 - 14:38
Reply to the comment left by The Forever Tenant at 06/10/2023 - 14:38"no party "hates" landlords. Most MPs are landlords themselves" Agreed. What they are is shallow and fickle. They lack backbone and loyalty and will say anything to try...
Read More →4th August 2023, 3 years ago
Excellent news for the 40% of tenants that have not had a rent rise. They are doing well then. Remind me again what other commodity has not had a price rise in the last year . . .fuel? food? clothes?...
Read More →Reply to comment left by Alan Boden at 27/07/2023 - 15:05
Reply to the comment left by Bristol Landlord at 27/07/2023 - 15:05Spot on! I agree with all of you say.
Read More →8th July 2023, 3 years ago
What's with his '‘giant rip-off of the tenant’' comment? The tenant paid for a service and that is what he received surely?
Read More →14th March 2023, 3 years ago
I feel for renters and their rents rising at the fastest annual rate and also for owner occupiers and landlords who have seen their mortgages rise at the fastest annual rate in recent years, and for everyone, all of us,...
Read More →Showing 20 of 185 comments