Section 21 Summit Success

Reply to the comment left by paul robinson at 06/06/2019 - 16:56Is this one tenancy HMO or multiple tenancy HMO?
Is seems to me, with my limited understanding, that if it is a fixed term tenancy, then the tenant is responsible for the rent until the end of the term (be it a student let or young professional).
But with student lets, the "next year" arrangements are made about half way through the year, so LL needs to be confident that the property will be available.
Under what circumstances do you, as LL, want to regain possession from young professional tenant at the end of the fixed term?

Reply to the comment left by Michael Barnes at 06/06/2019 - 18:53
Joint tenancy hmo. Some of my tenants often stay for years so unless there is an issue (as with any tenancy) I would not be asking them to leave, most when they do leave do so for genuine good reasons, buying a house, moving in with partner or relocation with job. So I would not be looking for repossession if all going well with the group, however an agreement of all parties to sign an additional block tenancy allows the benefits, and cost efficiency of shared living. section 21 approach is ultimately needed to facilitate this.

Reply to the comment left by paul robinson at 06/06/2019 - 19:37
I still do not see how S21 facilitates stability of tenancies when your model is to be permanently on a fixed term contract (renewing on expiry of fixed term).

There must be something that I have missed.

Reply to the comment left by Michael Barnes at 07/06/2019 - 00:46
Unless I’m missing something, without section 21 and the associated section in the act, how could fixed term tenancies (blocks) be delivered, or indeed assured? Yes it could be by mutual agreement as it is now, however without a tried and tested business model unlikely to work

Reply to the comment left by Luke P at 05/06/2019 - 14:54
The summit was set up by the RLA and was already mooted before the alliance joined in. What's this I hear about alliance members calling for Larry to step down? How many members do you have? Oh, that's right-you will never say. Why is Larry using the alliance platform to promote his own political views?
I remain concerned that Larry's tweets, and his secrecy, do the landlord community no favours.

Reply to the comment left by Annie Landlord at 07/06/2019 - 11:32
Let's just say all of what you've written is correct. What about your statement: "The NLA and RLA would have to be mad to align themselves with the Alliance. Not going to happen."

If I want to rent out my home for a fixed period of say a year whilst I go and live somewhere else for a while (Rome is looking good) presumably this is not going to be feasible if section 21 is abolished? This whole scenario is making me think about selling my rental properties, but I'm certainly not going to put my own home at risk. Any thoughts?

Excellent point Trish. The advise of the alliance would be not to rent your home while away. Far too risky and we also call on landlords to cease renting to benefit tenants. We must limit risk. The government with their policies ,want less landlords. Fine we will give them less landlords and lets see how they fill the gap.
I had not intended to waste time on negative annie landlord but its amazing that instead of acknowledging our success with Sefton and the S21 summit, she is still whinging. She now rabbits on about a call for me to step down. Annie has aligned herself with an individual in the Kent Renters union who made false statements about me on twitter (subsequently pulled) after i advised him to seek legal action.
So well done annie . Pethaps you should join the Kent renters union.😎

Don't let the negative vibes rock your boat Larry. What's the obsession with numbers I'd rather be on the side of right not a statistic in a crowd. For sure it's quality that counts and bringing a result to the table for a small fledgling entity on your reduced years is a wake up call. I can only assume what you are doing is right because someone thrown their dummy out the pram. Keep up the good work!

Let's never forget the UK in my opinion has three clear objectives and certain suckers are taking in the propaganda..
1) Government wants large institutions as they are easier to manage rather than lots of individual landlords.
2) The banking system is in crises and if they build too many houses current loan to value restrictions will be breached as house prices fall. So it won't happen. So due to lack of housing investment over 35 years they blame the landlord for a problem they created.
3) They want prices to rise and especially rents as inflation erodes the national debt as a percentage of income.

This was never about serving the needs of tenants it was about looking after UK Plc so they blame landlords.

Thank god for The Alliance big, small, large or tiny they are all merely adjectives but results are substance. It takes a brave decision to raise your head over the parapet but thankfully some one has. Well done Larry.

Reply to the comment left by Luke P at 07/06/2019 - 11:40
Well they haven't aligned themselves with the alliance have they? They set up the coalition and invited landlord orgs to join in - which the alliance did.
Larry, you have sent me another two private messages via Twitter. I think we're up to six now, and I never respond. I have asked you not to pm me, so just stop. Do you think the heads of the RLA or NLA send juvenile, grammatically incorrect, mis-spelt, insulting, puerile private messages to people who may disagree with them? They are professionals. You could learn from them.