Friday, November 26, 2010
Landlord campaign to fail
Its great to see somebody at the sharp end standing up for landlord rights. At the last count there were 5000 landlords that had signed the petition illustrating that there are a lot of disgruntled landlords out there.
However, it pains me to say. This campaign is destined to fail and rightly so. Why?
At he moment we all know that getting a tenant out can take an absurdly long time. Issuing section 21 notices takes for ever and with all the technicalities of getting notice dates right the process can be infuriating.
However, the laws are there to strike a balance. That balance between the rights of the landlord to get their property back and those of the tenants to occupy their property and have reasonable time to act. I think by and large that balance is about right. By tightening the law and risking tenants being flung on to the street with apparently little recourse to fairness or for them to have time to act risk landlords being branded as merciless 'Rachmanesque' caricatures.
This will then play into the hands of the anti landlord lobby who are just itching to regulate and license us to the hilt.
My view is if it ain't broke don't fix it!
Landlord insurance - professional rates