Pro-tenant group advocates sweeping reforms for the PRS

So they want landlords to increase the rent to pay the tenants relocation expenses. Have they not heard of building societies?

The only thing I could agree with this BS is the last paragraph about buying back Ex Council houses that should never have been sold in the first place.
For the remainder maybe we should pay the tenants to rent our properties. Would that suit this "think tank". They should all be in a tank along with Shelter, Gen Ren etc and filled with water!

Reply to the comment left by Richie at 26/07/2023 - 09:55
I don't think these people have any idea what's good for tenants.

There's a shortage of rental property. Governments central and local do not have enough money to pay for all the accommodation they need either at central or at local level. There was a news story on BBC news last night saying that the Home Office is competing with local councils and outbidding them in order to pay to house asylum seekers. Adopting policies that force landlords out of the market decreases the supply and increases the competition. That drives rents up. Increasing interest rates drives rents up. Unnecessarily increasing costs for landlords also drives rents up.

In other words, the Fabian Society favours state control of private assets, in other words, communism.

At the risk of repeating myself the house are not THEIR houses they are OUR houses which we have worked damned hard for and paid interest on the money borrowed to buy them. We have taken all of the risks and housed a lot of thankful people in the process but no...that is not enough. Now we should pay towards their relocation. Maybe pay their first 12 months utility bills for them as well eh ? One reasons why the country is in a mess is because there are too many who are happy to sit on their fat ar* * and get Molly coddled by the authorities and paid for the privilege instead of being made to work for their money then they might begin to understand what so many landlords have been through or is that asking a tad too much.

This could backfire. How many Landlords want to exit the PRS but are worried about having to evict their good tenants? If there were a tenant compensation scheme could this act as a “conscience Easer” and prompt those who have been reticent to bite the bullet and evict? If the compensation would only be payable after the tenant has actually moved out at the end of their notice it would encourage them to actually leave.
Difficult to see how such a scheme could be administered. What about bad tenants, could it also be offered to them as a bribe to leave? Given long Court delays that result in increasing costs in terms of arrears and property damage that there is not much chance of ever being recovered, how many landlords might be happy to just hand over cash just to get shot of the tenant and get their property back quickly rather than endure endless sleepless nights? In fact, how many do so already? Could rogue tenants play the system claiming multiple compensations?

Once again another naïve leftie woke idea that has not been fully considered or thought through. You can't help but laugh at them, they have no idea of reality in their cocooned little lives. How about Landlords get compensation for all the crooked tenants that think its ok to rip us off. Why can't they understand that the underlying problem is lack of houses available, simples, supply and demand, basic economics. C'mon you lot of lefties, suggest something that would help all. BUILD MORE HOUSES especially social housing. But don't worry Mr Sunak has promised over a million houses before he gets chucked out. We can all dream I suppose.

The issue is nothing to do with private landlords.
It's a failure for 40 years to keep up with the need for social housing and ensure those in social housing are those in need rather than those that were in need 20 years prior.
Maybe these groups should start thinking of landlords as part of a solution and focus there misguided frustrations where they the should

Reply to the comment left by Stephen Eastwood at 26/07/2023 - 13:17
It's also a problem of the tax system. There is a good part of the tax system: The HMRC rent-a-room scheme enables you to rent out a room of your own home, or even an entire floor, without paying tax on that income, up to a certain level. That encourages people who have spare space to put a roof over somebody's head.

But when it comes to the PRS if you are a limited company you can deduct your finance costs but if you are a normal working individual using a BTL to supplement your pension you cannot. You are also unable to invest your pension directly in low-emission housing. Over the last couple of decades the tax system has been used to penalise small landlords investing in property, even though putting a safe roof over somebody's head is a socially-useful activity. All the mainstream parties have been complicit in those policies. Continuing to penalise this activity by adopting suggestions like the idiotic one at the start of this thread would only serve to hurt tenants; it would make the problem of homelessness even worse.

Reply to the comment left by Dennis Leverett at 26/07/2023 - 11:55
As I said in another thread Michael Gove gives £1.9bn of housing cash back to Treasury as ‘nothing to spend it on’. You couldn't make it up.