Most tenants say they have good landlords

Most tenants say they have good landlords

10:02 AM, 2nd April 2024, About 2 weeks ago 11

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Landlords in the UK should ignore what the likes of Shelter and Generation Rent say since most tenants say they have a good landlord, research reveals.

The findings from Aldermore challenge the stereotype of what those organisations and the media portray as tense relationships.

The majority (69%) of private renters report having a positive experience with their landlord.

However, three out of four renters (74%) faced stiff competition and took longer than expected to find a suitable property.

This intense competition often leads to higher costs, with most renters (68%) paying more than they initially planned.

‘Relationship is often presented as inherently challenging and dysfunctional’

The head of mortgages at Aldermore, Jon Cooper, said: “The relationship between landlords and renters is often presented as inherently challenging and dysfunctional, but as our research shows, this simply isn’t the case.

“Most private renters actually have a positive relationship with their landlord. I expect that this will surprise quite a few people.

“What it demonstrates is the abundance of good landlords in the market who are ethical, knowledgeable and trustworthy when dealing with their tenants.”

He added: “That being said, it’s also clear that a majority of renters are struggling to find the right home due to intense demand for properties.

“There’s no overnight solution to fix this sadly.”

Renters don’t feel unsupported by the government

The research also found that renters don’t feel unsupported by the government, with three-quarters (77%) believing not enough is being done to address their needs.

This sentiment is particularly strong among young adults (18-34 year olds).

For tenants fortunate enough to have a good landlord, clear communication (70%) and a simple rental process (41%) are highly valued.

Also, being able to personalise their home with minor cosmetic changes (41%) is seen as a positive.

Aldermore is highlighting the need for collaboration between lenders, landlords and the government to improve the situation for renters.


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Comments

Kopf Schmerz

11:57 AM, 2nd April 2024, About 2 weeks ago

The problem with institutions like Shelter etc is that they are not exactly going to resolve their purpose and ever say the job is done and dissolve themselves. They intend to expand their power and influence. This is the UK disease in many walks of life.
These institutions intend to expand and increase their influence as a lobby group, so no matter what legislation arrives, we can only expect more.
They have created a sub-industry which is well funded and perpetual.
The same is true in planning, the NHS, education, energy, climate, transport, and so on.
No one asks whether or how much longer the U.K. can or should afford such a luxuriant approach to regulation, nor does anyone gauge or consider the burdens or long term outcomes.

Freda Blogs

12:24 PM, 2nd April 2024, About 2 weeks ago

Shelter only sees (and I believe only wants to see) the ‘bad’ side of renting, when tenants come to them with a problem - even one which isn’t the fault of the LL, eg when a LL wants/needs to evict due to arrears, trashing the property etc.

They don’t see the positive sides to the relationship with a good LL, so their views will almost certainly be skewed. However they have a loud and vociferous platform, even if it’s not always representative of the facts or the industry as a whole.

BobbyBisto

14:33 PM, 2nd April 2024, About 2 weeks ago

Reply to the comment left by Kopf Schmerz at 02/04/2024 - 11:57
Totally agree with you
What can be done about it ?

BobbyBisto

14:36 PM, 2nd April 2024, About 2 weeks ago

Reply to the comment left by Freda Blogs at 02/04/2024 - 12:24
You can leave the "almost certainly" out of that comment!

Michael Booth

16:43 PM, 2nd April 2024, About 2 weeks ago

Why would the likes of shelter ever accept a perfect prs afterall would a turkey vote for Xmas.

Paul Essex

17:23 PM, 2nd April 2024, About 2 weeks ago

I would love to be able to ignore these 'charities' but sadly I cannot ignore any single part of the anti landlord legislation they have encouraged.

Fed-up Landlord

18:25 PM, 2nd April 2024, About 2 weeks ago

I can't ignore what Gen Rent and Shelter say about us, because they are the ones lobbying government to give us more legislation and regulations to follow, which only translates to higher rents.
Us good landlords would be perfectly happy without their interference

Fed-up Landlord

18:45 PM, 2nd April 2024, About 2 weeks ago

I have a good relationship with every single one of my tenants.
I have a portfolio in double figures and I can comfortably say that they are happy living in my properties.
The problem comes when I need to up the rent to cover the ever-increasing financial burden we face
Then, there's a period where they think I'm ripping them off, they go off and look for somewhere else, then realise that I am actually giving them a good deal

Cider Drinker

19:29 PM, 2nd April 2024, About 2 weeks ago

All of my tenants are great. Only one of them wants to move but doesn’t want to change landlords.

What Gen Rent, Shelter, NRLA and the like are doing is demonising landlords. They are all supporting government with the RRB.

This anti-landlord rhetoric has made my children decide that they don’t want to inherit my tenants. They don’t want to be landlords.

So, my plan is to encourage the tenants to move on. Rents that are 30% below Local Housing Allowance are rising sharply. I want the tenants to move so that I can sell up.

I’ve loved being a landlord for 20+ years. In my area, prices haven’t risen much so there won’t be a huge CGT bill.

Martin S

22:30 PM, 2nd April 2024, About 2 weeks ago

Interesting article, which reflect my 30+ years of being a Landlord, whereby on the whole, I've had good working relationships with tenants, and continue to do so today. We all know there are Landlords out there who give the business a bad name, but the majority are doing their best to provide the best service possible.

I remind tenants now & then, that we have a working relationship, and although my property, it's their home. A situation that's generally beneficial to both, providing neither side take the other for granted.

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