Not looking for favors, just a level playing field.
does entering into a long term lease with the local authority not provide an attractive option....
I don't think any reasonable person could argue with that.
Part of the problem as I see it is that the rental sector should offer a viable competitive alternative to the property ownership sector.
As it is the two sectors are too entangled with each other with too many small LL's banking on their tenants to pay the cost of their mortgage over 25/30yrs in the hope that it supplement their pensions.
Basically don't it run as a business. But as a public service
Simply no. No protection whatsoever.
. in the likes of germany , yields are nothing special but there is no messing about when it comes to deadbeat tenants being indulged long term ?
Germany has similar problems of shortages and rent caps not working.
That aside, they do somethings better, and they are stricter with the rules and enforcing them. There is a slightly different mindset in that renting is more long term and normalized. Its not treated like temporary housing. So places are generally rented unfurnished and when you get the places its painted white walls. When you hand the place back you have to get it painted. So there's no scope for breakages, damaged walls etc. They also have a longer deposit I think its 3 months rent.
I don't know their system that well. So I'm open to correction on it.
Or they are getting the supply and don't need to do any more,Yes because its paid in arrears. Though you could choose to offset that by asking for an extra months rent up front.
Of course these are the tenants least likely to be able to afford that. So that's a problem.
If the authorities choose to fix both these issues and gave some protection above that offered by private tenants then they might attract more to it. That they don't suggests they aren't really that interested in addressing the problems in this sector.
In some areas in germany you have to leave it ready for painting all holes drilled in walls while renting have to be filled all walls sanded along with any damage and as you said unfurnished for the most part,Germany has similar problems of shortages and rent caps not working.
That aside, they do somethings better, and they are stricter with the rules and enforcing them. There is a slightly different mindset in that renting is more long term and normalized. Its not treated like temporary housing. So places are generally rented unfurnished and when you get the places its painted white walls. When you hand the place back you have to get it painted. So there's no scope for breakages, damaged walls etc. They also have a longer deposit I think its 3 months rent.
I don't know their system that well. So I'm open to correction on it.
Before renting they should have to provide something similar to a business plan showing their finances and guarantees and have a truly massive deposit to cover any issues.
the big problem we have people buying property and letting it out as part of there pension , they would be better off contributing to a pension,You could try that, but I would suspect that would exclude a large proportion of tenants who are renting on the basis that they cant afford a home of their own.
Defeats the purpose of being a LL in the first place for many.
the big problem we have people buying property and letting it out as part of there pension , they would be better off contributing to a pension,
Yes because its paid in arrears. Though you could choose to offset that by asking for an extra months rent up front.
Of course these are the tenants least likely to be able to afford that. So that's a problem.
If the authorities choose to fix both these issues and gave some protection above that offered by private tenants then they might attract more to it. That they don't suggests they aren't really that interested in addressing the problems in this sector.
LAs are not looking to give protection to private landlords. They are more interested in avoiding the issues of being a landlord than taking responsibility for them.
Rents could drop dramatically with 'landlords' competiting to attract tenants with quality accommodation.
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