Bash Street   10 #13 Posted April 15, 2019 Interesting, another reason to steer clear.  https://www.bbc.co.uk/news/uk-47927706 Share this post Link to post Share on other sites Share this content via...
Hippogriff   10 #14 Posted April 15, 2019 I've been doing this for a quite a while. I have never had to follow-through a Section 21 all the way. I don't necessarily like the imbalance that is arising between Landlord and Tenant sides, between Landlord and Government (taxation)... but I'm going to look at this upcoming change objectively... I had always believed the law was fair to both sides equally (others will have their own view, likely coloured by experience). The article uses emotive language like "profiteering" and "at a moment's notice"... the Section 21 has never been "at a moment's notice" and there's nothing wrong with a business aiming to make a profit. Most good Landlords want their Tenants to stay on... this legislation is a broad brush approach to net bad Landlords as well (who'll probably just use other tactics to get what they want and take advantage of the ill-informed)... the beauty of a no fault / no reason eviction (for they are one and the same thing nicely encompassed within the Section 21) was that it allowed some people to obtain Council properties... whereas a Section 8 (for, say, rent arrears) was a thing that the Council would consider as a Tenant making themselves intentionally homeless, therefore they'd be due no help... so that needs fixing as part of this. I don't think it would deter me... the approach of the Landlord wanting to sell or move back in would still be available it seems (and that would be applicable to the OP here). While it can go wrong, of course, it's actually quite close to a pretty good passive income.  The need for taking some legal advice, though, is dubious indeed. Share this post Link to post Share on other sites Share this content via...
Jeffrey Shaw   83 #15 Posted April 15, 2019 Useful information here: 1. HMG: https://www.gov.uk/government/publications/how-to-rent/how-to-rent-the-checklist-for-renting-in-england 2. SHELTER https://england.shelter.org.uk/housing_advice/private_renting 3.PROPERTY HAWK https://www.propertyhawk.co.uk/landlordforum/index.php?forums/residential-letting-questions.2/ Share this post Link to post Share on other sites Share this content via...
Black Brick   10 #16 Posted May 20, 2019 A friend who rented his house for some reason the tenant said the lock stopped working so they had someone change the locks. They kept making an excuse to give him a key until he eventually found out they had been using it to grow cannabis. It cost him alot of money to get the place fixed up again. Share this post Link to post Share on other sites Share this content via...
Jeffrey Shaw   83 #17 Posted May 27, 2019 Your friend might count himself fortunate not to have been prosecuted! Receiving rent funded by a criminal offence is capable of itself being a criminal offence. Share this post Link to post Share on other sites Share this content via...
lil-minx92 Â Â 10 #18 Posted May 30, 2019 On 27/05/2019 at 15:39, Jeffrey Shaw said: Your friend might count himself fortunate not to have been prosecuted! Receiving rent funded by a criminal offence is capable of itself being a criminal offence. I suspect very few if any landlords have ever been convicted of this offence Share this post Link to post Share on other sites Share this content via...