One in four landlords will sell-up if ‘no fault’ evictions are abolished
4 years ago | 2 comments
S21 Notice to Quit?
4:31 PM, 6th October 2022, 4 years ago
6
Categories:
Hello, Can someone please clarify what is going to happen to the S21?
I understand that it is going to be abolished but what does this mean for landlords?
Does this mean that if the tenant always pays their rent and is no problem that we would never be able to claim our property back if we just wanted to sell it?
I keep reading that if you have no grounds under the Section 8 then you will never be able to get your property back.
If this is the case, who on earth is going to invest in the BTL market?
Thank you,
Arthur
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Member Since December 2021 - Comments: 2
1:12 PM, 7th October 2022, About 4 years ago
And it is not normal to ask the tenant first,if wants to buy it?
Understand that is your property, but for someone who lived 0ver 5 years in,should have the right, instead of others.
Treat the tenants with respect, they paid your mortgage and property tax,not you.
You,as landlord get the money and probably, if it’s a good tenant, don’t do any repairs during the tenancy.
Treat everyone as you wish to be treated.
Member Since September 2018 - Comments: 3514 - Articles: 5
1:13 PM, 7th October 2022, About 4 years ago
Reply to the comment left by Ion Baragau at 07/10/2022 – 13:12
are you for real???
Member Since July 2013 - Comments: 42
1:39 PM, 7th October 2022, About 4 years ago
Ion Baragau…… Wow! That’s one of the rudest most landlordist comments I have read on here! Where on earth did that come from? Get a grip and maybe comment with a helpful reply that is relevant to the actual question.
Member Since January 2015 - Comments: 1438 - Articles: 1
5:39 PM, 7th October 2022, About 4 years ago
Reply to the comment left by Ion Baragau at 07/10/2022 – 13:12
Take it you are not a landlord lol
Member Since July 2018 - Comments: 17
9:50 AM, 8th October 2022, About 4 years ago
Reply to the comment left by Ion Baragau at 07/10/2022 – 13:12
Are you a REAL landlord!!?? I think NOT!! Sounds like you are a tenant!
Member Since July 2015 - Comments: 91
5:41 PM, 9th October 2022, About 4 years ago
Reply to the comment left by Ion Baragau at 07/10/2022 – 13:12
I am sure that the landlord would be delighted to sell to the tenant should the tenant be in a position to buy, and this would reduce the selling costs which would no doubt benefit the tenant. The tenant has been paying mortgage interest through the rent but it’s unlikely to cover the capital payments (actually many landlords are on interest only mortgages). The landlord will also have been paying maintenance, insurance, gas and electric safety checks, redecoration, replacement of carpets and white goods. There are over 170 pieces of legislation that will have been complied with. I assume that you have no knowledge of being a landlord.