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Thursday, April 19, 2018

Committee proposes confiscation of criminal landlord's properties

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Unknown said...

As a land lord I fully support such measures against rogue landlords but I am sick and tired of being left with virtually no power to deal with rogue tenants. There needs to be balance. The article claims the private rental market to be rapidly expanding?? I cant support that theory with many I speak to selling up due to the oppressive taxation and treatment they have received from the government.

The government need to raise tax to pay for their mistakes and landlords are just seen as an easy target. I am also concerned about this trend of demonising private landlords, most of whom are just people trying to support them selves having been left in the cold by incompetent government pension management. Something like 70% of private landlords only own one rental property.

Steve said...

Mark Chase, you said it all, fully support your comment.

Chris Eggington said...

Well said... perhaps somebody should organise action on behalf of decent landlords

Anonymous said...

I am gloomy about government intervention. Perhaps over simplistically you might consider there to be 2 types of landlord and 2 types of tenant. Type 1 landlord representing the overwhelming majority is compliant with the changing legislation and in general lets to good Type 1 tenants who again represent the overwhelming majority. Type 2 landlords are rogues and their market is Type 2 tenants who have unreliable income; bad arrears records or who may not be renting legally. Type 2 landlords flout the law and are not going to change when the law toughens up. The toughening up of the law makes it more costly and harder for Type 1 landlords some of whom withdraw and some of whom are pushed into being Type 2.

There is a problem in housing Type 2 tenants satisfactorily and the higher the bar the government sets Type 1 landlords the harder this problem will be. If the government wants to be helpful it will increase the incidences of LAs paying rent directly to landlords for a guaranteed tenure and make it relatively straightforward for landlords to extricate themselves after fixed terms in such situations. No landlord renting a subprime property where the rent and other conditions are met is going to walk away from a decent return.

Instead the government responds by making it tougher for Type 1 landlords and the problem continues to feed off itself.