What Planet Are They On?

by Dr Rosalind Beck

14:17 PM, 9th June 2020
About 2 months ago

What Planet Are They On?

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What Planet Are They On?

If it wasn’t enough that we are now expected to provide housing services for free for very lengthy periods – due to the eviction ban – where tenants decide not to pay the rent, the left are also trying to get rent arrears cancelled and even rent-free housing.

I don’t know what planet they are on.

Would any of them save up for years for a deposit on a house, get a mortgage arranged, work during their evenings and weekends to renovate, decorate, purchase and put together furniture, set up utilities, get gas safety certificates and EPCs done, set up and pay for adverts to let the property, do all the viewings, check tenants’ credit and tenancy history, whilst paying the mortgage, insurance, maintenance and so on, and then let people stay there indefinitely for nothing?

No, I thought not. And yet they expect us to.

Of course, in addition to the eviction ban and 2-month extension announced last week, the Government is also now plotting to bring in a lengthy delaying tactic – called a pre-action protocol – to set traps which judges and charities working for defaulting tenants can exploit to grant non-paying tenants more time in landlords’ properties. No doubt costly adjournments will be de rigueur.

With the current 5 month moratorium, the further minimum 5 months it usually takes to get a possession case through court, the additional months because of the huge court backlog built up since March, and then the rigmarole of the protocol, we are looking at more than a year becoming a likely length of time that non-paying tenants can stay. This is going to be devastating for landlords unlucky to cross paths with one or more of these rogue tenants. With subletting scams in particular, the damage to the properties will be that much worse, along with huge arrears.

Tenants’ lives will also be put at risk.

I have written about this on CapX today – a site read by Conservative Ministers and MPs – pointing out the farcical nature of what is going on. The latest rental ‘reprieve’ is another kick in the teeth for landlords – CapX



Comments

Peter G

15:31 PM, 10th June 2020
About 2 months ago

I've added this article to Conservative Home and hopefully someone will take notice of its message.

Clint

16:38 PM, 10th June 2020
About 2 months ago

Reply to the comment left by Possession Friend at 10/06/2020 - 14:28
I am selling up my properties and over 50% looking to purchase are landlords

silversurfer2017

19:07 PM, 10th June 2020
About 2 months ago

If you want to stay in the property investment market then IMHO I think holiday lets is one good possibility. I would definitely recommend this course of action only for freehold properties. With leasehold properties there are too many potential objections from freeholders, management companies and other leaseholders.

Anthony Endsor

22:46 PM, 10th June 2020
About 2 months ago

So the government want us out of the PRS do they? Ok, message received loud and clear. I was planning on selling soon anyway.
Can anyone tell us how we go about it though seeing as we can't evict tenants? This couldn't be more nonsensical if it came from nonsenseland.

wanda wang

22:47 PM, 10th June 2020
About 2 months ago

" a pre-action protocol " isn't it the new NRLA Guy working with government and came up this idea to stop tenants been evicted. He suppose to present us ?

Chris @ Possession Friend

22:51 PM, 10th June 2020
About 2 months ago

Reply to the comment left by Anthony Endsor at 10/06/2020 - 22:46Yes but before Landlords leave, the Government would like a share of your proceeds, courtesy of CGT ;-(((
They might as well wear a mask and say 'Stand and deliver' !

wanda wang

23:02 PM, 10th June 2020
About 2 months ago

Reply to the comment left by Mike at 10/06/2020 - 11:10
we need someone stand out to organize a demonstration- Landlord rights matter in London, make our voice heard !

Mike T

23:06 PM, 10th June 2020
About 2 months ago

Reply to the comment left by Hardworking Landlord at 10/06/2020 - 11:14
And Pigs might fly ...........

Clint

23:17 PM, 10th June 2020
About 2 months ago

Reply to the comment left by wanda wang at 10/06/2020 - 23:02
I think a concerted effort is required in calling the NRLA to account from their members.

Coastal

10:44 AM, 11th June 2020
About 2 months ago

Perhaps there's something in Dennis's comment in which the elites are creating a further transfer of wealth - by ousting smaller landlords, particularly those that have mortgages and needed finance to originally purchase (i.e moving the goal posts by bringing in S24 and refinancing restrictions etc) then slowly without anyone noticing, mop up the future forced sale properties!
Nothing else relating to their draconian polices seems to make any sense, or explains whats really going on.
How do we fight back - the system appears to hold all the ace cards?

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