Labour Brings in excellent Renter's Rights - long overdue.

How will it leadto a shortage of properties? The properties will still exist even if they are sold. They are not going tobe demolished

As usual, Labour has not thought this through.
If most of the 3million private landlords decide to throw in the towel, then these tenants will lose their homes and that will cause a shortage of properties and even higher rents. How does that benefit anybody?

I am considering what to do about a small property we rent out. My friend has 2 rental properties and she is the same. I have a very good tenant - a single professional female with no kids and no pets. I already have too much stress in my life with an ill husband and son otherwise I might have sold it earlier.

We have been really lucky with carefully vetted tenants who appreciate the fact that they are getting a pristine property at an affordable rent in a nice location. However, many LLs end up with tenants who don’t pay, who live like pigs and wreck the place and annoy the neighbours. It will now take much longer to get rid of them so who does that help either? Certainly not the LL and neighbours.

Nothing new about providing tenants with an information sheet either. It was the case that all tenants had to be given a Tenants Rights booklet for many years. My tenants always received one from us and signed to say they had received it. My tenant has been in 2 years and never had a rent increase. The previous tenants were in 13 years and only ever had one increase. Not all LLs are money grabbers and appreciate good tenants.

What Labour should have done is got on and built more social housing. This is just a daft idea. I will be interested to see what other LLs on here think.

Many landlords are saying that they are going to selltheir proeprties. One had seven that they had put on the market. All the tenants having vacated before the new Act came in.

There are lots of stories of people desperately hunting accommodation and unable to find it. It is said that in the future the rented sector will be dominated by big property companies. Will this necessarily be a good thing?

Will this actbe good for some tenants but disastrou for many others and make it moredifficult for our children and grandchildren to find rented property?

Nope. Not a bit surprised.

Hmmm.

Just look, for a moment, how GB news has presented this good news.

www.gbnews.com/money/landlord-tenants-renters-rights-act

" ‘I’m forced to sell my property as the reforms are highly damaging': Landlord warns tenants will pay the price".

Surprised? No.

If the legislation results in LLs who don't want to treat tenants fairly selling up, then that's good news. If their houses are bought by LLs who do want to play fairly, tenants will benefit, and if they are bought by people who want to live in them, then that's good news too.

I'm not sure what 'market rate' means in this context. If it means the maximum people will pay, then I think that needs regulation too, as accommodation is a necessity, and people will do without all sorts of other things in order to have it. Basic security shouldn't depend on the market.

I’m very glad. I’m aware some single property landlords might not like this and might sell their rented properties, but those large landlords, some of which are very good, some of whom are extremely poor, will just have to out on their big pants and suck it up.

Whilst working, when working alongside family workers and also with recently released prisoners, some of the rentals properties were utterly dire and beyond belief in terms of cost, especially HMOs.

I personally know families who lives were literally torn apart due to “no fault evictions” and I’m glad to see the back of them.

Good to hear some positive news.

I agree, Wyllow. My children (early 30s) have managed to buy houses, but only recently, because of high rents to pay someone else's mortgage or give them what is effectively free money. When my daughter's partner gave notice to his landlord it terminated the contract, and the LL told the other tenant that the rent would 'have to' rise as a result, making it unaffordable for him. There is currently a thread on MN about someone evicting a family who has been there for seven years and been good tenants, as the LL's student niece wants to move in. The family has children at school who may have to be disrupted, and presumably the adults work a commutable distance from the property, so the stress and disruption must be awful for them, but they have no comeback and a student doesn't like the accommodation available in her price range and her aunt is willing to turn their lives upside down to keep her happy.

There are many such stories. Now that secure tenancies are rare (since the sale of council houses) vulnerable people are open to exploitation, and there will always be those ready to exploit. Decent landlords needn't be worried, as the new rules are to protect tenants from the bad ones.

bump - am very excited by this, as it affects some young people I know as late as their early 30's who just cannot get out of the rent sector, and have suffered as a result.

Ds and DiL were lucky - in their early 40's, they were able to get jobs and get on the housing ladder just in time.