When I was at uni my landlord agency was known to routinely keep the deposits of all students in their flats each year. I actually had go to the agency owners office the second year, I refused to leave unless he shows me paperwork of what i did wrong or call the landlord or police on me. I got the last 35gbp he owed me in cash after a 2 hour standoff , it was nothing for the guy who owned a blemming new bmw but for me it was 2 weeks food money.
I own an estate agents. I can say this. Students mostly tend to not bother cleaning the houses for most of the year. To used to mum and dad doing it. I’m regards to the deposit it should be protected by the DPS and they almost always side with the tenants when it comes to disputes unless the evidence is overwhelming against the tenants.
@@tomjones8715 hi Tom, I don’t focus on wales I’m afraid because I’m not living or doing any business there so I won’t try and pretend I know the answers. What is in place and what is your concern? Might be able to offer something?
Just wanted to say I believe I commented on one of your videos nearly 2 years ago when I bought my home, I have now acquired my first rental in Guernsey (where I live so information slightly differs) for a bit over £300k at the age of 23. I think without these videos I would not have had the knowledge to do what I have done, Thanks for providing great quality videos for free!!
At 23 years old you have no earning power on average (you haven't built up enough experience and reputation to command high wages) and have no built up credit history, so how on Earth have you managed to buy a £300k property from scratch without either an inheritance, gambling and getting very lucky, or obtaining proceeds from some sort of criminal activity? And please don't tell me it was through Cryptocurrency.
@@Longlostpuss you just said it , on average. Doesn’t mean people don’t exist earning more . Let’s say for example they graduated and became a financer, coder or London solicitor at 21 Annual salary after 2 years of experience around 80k ish conservatively .Now multiply that by 4.5. There’s your borrowing amount. Add in a 10% deposit that’s been saved over the last 2 years of working. Or someone very close could have passed away and they inherited 300k. If that was the case , I’m sure they rather have the family member then the cash. Not sure why you also said no earning power at 23 or reputation bit naff really. Oh I also was able to pass a credit check for 2 cars on finance at 23. I also worked with someone who passed a credit check for a mortgage and 2 cars at around the same age. so again you’re whole comment just comes across as envy that you’re not able to get a 300k house . Lastly it’s none of your business and so rude to ask a stranger how they’re making money and to assume it’s from illegal trade.
Thanks @@aarif1202a, you explained it perfectly! I have worked hard and forgone a lot of opportunities to go out spending my money and made a point of saving as much as I could whilst living with my parents to get to this point. I wish you the best in your endeavors!
Thanks for the video. In June I got a section 21. I have been looking day and night for a decent 2 bedroom property because I have 2 teenagers ( boy and a girl). It's outrageous...unbelievable how many agencies and landlords have refused me because of the kids or because I claim universal credit. I work full time, earning quite decent and still...couldn't find anyone to accept us. I didn't even dare looking at 3 bedroom properties. Nearly every day I have to hear " we have strict referencing and the Landlord doesn't want tenants claiming any benefits or doesn't want kids".
reality has hit home so many had the opportunity to purchase their own homes and are now paying huge rents, my generation had to live through 15% interest rate in the late 80's and I still managed to get on the property ladder
It's not their home, it's where they live that's the point, if I want my property back its my perogative regardless. The issue is everybody thinks they're entitled to tell others their business
Personally I don’t think you should become a landlord if your intention is just to uproot someone whenever you want. This isn’t stopping you from doing that, you just need to have a reason now. I’d argue that it’s your house, but their home
Everybody needs food and medications , somehow the government doesn't go for supermarkets or chemists to provide these things to whomever happens to be in need
Mould is normally caused by tenants, not landlords I have properties that have never had mould and suddenly new tenants move in and mould appears when they dry clothes on radiators.
It's our home at the end of the day, we have worked for it, paid tax on money earned before we bought it, pay tax on earnings from it then will pay tax when selling it - we should be able to choose who we want in our properties and when we want them out foe whatever our reasons may be that don't fit their agenda. Landlords are getting screwed, we have no protection even when doing everything by the book... it costs us when evicting and where the tenants are at fault the cost is on us to get them out and judges often take the tenants side even when they are at fault and we are never left without suffering some financial loss. This is getting ridiculous now, from what I know from council housed tenants the councils don't follow the same rules within their housing and there are no consequences. If we just want our property back that we have paid for for whatever our personal reason is - that is our business, why is the government getting involved, take responsibility and house them yourselves then, or stop taxing us and then maybe you have the rights to make the damn rules on what we can and can't do when we want our properties back.
There is a lot more to this, and I agree decent tenants should have home security, better stability and decent standard of living conditions within the property, however I do believe landlords should have a more Americanised system, whereby if you are not able to pay for your rent after two consequent notices Sheriffs evict you on behalf of landlord and you are put on a register that is checked when you apply on your next rental. This will prevent people not paying for rent, providing landlords with reliable income and ability to pay back banks for their mortgages. The question is does this ruling only apply to self registered landlords or limited companies as well?
I have pretty much paid my landlords mortgage for 15 years and now, on a whim he has evicted me under section 21. Done nothing but treat his property like my own.
Hey, Jamie, when using abbreviations, please explain them. You did with lha, which is great. But also dss and others please. It saves time and easier to stay involved. :)
Where are tennants going to find the extra 10-15% to pay the increase in rents, on top oft he increases thay have had in utility bills, particularly electricity and other rising expenses? Just saying! I am not a tennant but I am concerned that we are growing an underclass.
I just had to move out like that. Given 2 months notice even though I was 8 months into a contract. I'd been paying rent on time, kept the place nice and out of nowhere. It was only in April I got the notice, apparently so he can put his idiot son up. Absolute violation
I agree the customer ie us should have so many more rights to a longer tennancy and two months notice is pathetic, funny how every landlord says its only bad tennants that kicke dout when I know dozens like you and me who have been given a section 21
Deregulation Act 2015 mean tenants cant be evicted if repairs are required. Contact your MP to amend this Bill. Tenant action groups have done, and brought about this bill.
Completely understand everything comment you have made. I do have a serious issue over the government telling landlord what they can do with there own property. As bad and not morally right it can be you should be able to rent your property out to anyone you want to! I simply do not agree with the government having proxy control over the cashflow of a privately owned property.
Totally, it's my property I worked hard for it and paid the bloody government through the nose in taxes to buy it. I should decide who I rent it to or not. What happened to an Englishmans home is his castle, freedom and free speech? GONE! because everyone's happy for government to stick their nose into everything, take over everyone and wrap them in cottonwool.
Government has run out of social housing , they wish to fix the problem by making the private sector accommodate people they should be housing , sort of a reverse "right to buy" policy
I don’t get it. If you’re at the end of your contract and you haven’t negotiated more time or an extension why would you be surprised you’re being asked to leave. Isn’t that the whole point of a contract? You live here until it ends?
Mold can be an issue in perfectly good houses when tenants dont ventilate it properly eg leaving wet washing to dry in the spare room , not opening bathroom windows and switching the ventilation fan off.. hard to prove and all up to the landlord to put right
It's called AGENDA 30..... And NO, its not a conspiracy... Look at everything that's happening with utility bills, getting drivers off the roads, gender nonsensical crap...... YOU'LL OWN NOTHING BUT BE HAPPY - Klaus Schwab
My ten cents: I imagine the rents will indeed be going up by 10-15%, not because its a “great opportunity” but because this suite of legislation will drive a significant number of landlords (and properties) out of the rental market, make it harder to finance BTL properties without expensive improvements, and thus the rental stock will shrink to new lows leaving everyone worse off: paying higher rents, paying above asking price, paying more months in advance, paying for additional liability/damage insurance for pets etc etc to secure the dwindling number of rental properties in an increasingly competitive market. The ideas behind the legislation are well-intentioned however they ignore that increased costs and liabilities, admin etc are simply going to be passed on as higher rents and it seems to assume a near zero elasticity of supply: believing that however onerous/difficult/unprofitable you make it to do business in a particular sector that enough people will always keep supplying. This is not true and the proof is already in evidence - I personally know several landlords liquidating their portfolios: first the ones that are uneconomic to bring up to new EPC standards (so no-one else is going to replace these as BTL either), then eventually rest where they don’t want to be locked in to new unlimited length contracts with no right to select one tenant over another or obtain control of the property unless they can PROVE they have a valid reason to want control of their own asset. We’ve seen rental properties lying empty on the UK before due to poor legislation and I foresee it happening again. I could imagine a piece of legislation that requires a landlord to offer a property for rental if they have a BTL mortgage but AFAIK this will also apply to properties that are debt free which is an extremely draconian thing to enforce on someone who might want the property for another purpose: company lets, holiday lets or airbnb etc. There is naturally a requirement for social housing in the UK and it is the *government’s* job to build this stock instead of dumping the problem on the private sector. Private renting supports flexibility: early stage housing whilst people prepare to buy, temporary accommodation, employment mobility, international rentals - it can act as a buffer or supplement for social housing but its not intended as a substitute for council (social) housing and long-term (life-time) rentals
Title should read end of fixed term lets and S21 . When you rent out you are taking a gamble that the tenant is going to be Ok. The current system means if you get it wrong after 4 months you can give 2 months notice and wait for court eviction. The new system is like welcoming an unknown guest to your house, and they constantly trash it, party, or generally cause trouble and then your not able to tell them to leave your house. How is this an improvement? Landlords want the flexibility, 42 years of S21 has boosted the supply. This bill, if enacted, would mean less supply, hence with same demand increased rents, as you say. So what happens next? Reasonable rents get defined by government, or in effect rent control. Just leave as is, the figures for S21 are grossly inflated, the government latest survey says only 2 % of all tenants were evicted for non sale or moving back in reasons, Deregulation Act 2015 means
Wow Jamie this was a great video. If somebody pays rent I would have no problem keeping them on board forever. Why would anyone want to evict for no reason?
Well that's what I used to think too until I got a "pain in the ass" tenant, self-obsessed and needy. Won't go into details but there are situations when money is not everything. As a service provider you should be allowed to be able to choose who you do business with. And don't tell me about tenants human rights etc. If don't behave at tesco even when you're paying the security has right to ask you out of the shop. Also it's very difficult to evict even when a tenant is not paying for months. I know there are rouge landlords but there are also tenants from hell
How does an increase of 10-15% in rent help if your tenants are on benefits who pays the difference if it’s the max amount that local authorities is not enough
Hi Jamie, if the government can actually sort out the painful eviction process when rent is in arrears it would be a big positive... From what I understand you can't get your property back for full refurb, government expects you to provide alternate accomodation which may mean in some cases easier to sell then do the refurb...
Jamie any tips. Iv'e not been working for a year and want to sell my property which is currently rented to a DSS tenant. Tenant is great but mortgage is due soon and I really don't want the higher interest rate especially as DSS money is capped and it won't be financially viable to have the property anymore. The advice she has been given is do the 2 months notice then let the landlord take you to court as it will give her an extra 2 months in the property then they will rehouse her last minute. Neither of us want it to go to court but doesn't look like we have any choice. I was even going to give her some extra money when it's sold as a thank you for being such a good tenant but if I have to go to court i'm assuming there will be costs so I won't be able to pay her anything. HELP ANYONE.
I served section 21 last month in March. I am selling the property though so a very good reason for eviction. But my tenant is having trouble finding another place to rent, due to the rental market's price increase. What happens when the due date is for her to leave but she can't find somewhere else to live? I don't want to lose my buyer. The buyer is ready to move in: in May. So this is a tricky situation for me now. How can I help her move out without going through the courts? Look forward to your reply Hope you can help.
Renters never get comfortable because it's not your home.... its a lease... I learnt the hard way... Landlord decided to sell up... his house totally get it.... section 21.... Excellent tenants of 7 years never missed a payment and decorated house all neutral colours to maintain up keep... took pride in gardening and planted beautiful shrubs flowers, maintained drive . Then homeless. No social care from council FA. No savings as paying rent and living from month to month... no benefits.... the working homeless... Back to renting after borrowing money .... It's not home it's a roof over our heads and again never missed rent payment.... keep place clean but will not commit to DIY or decorating as it's not home. Britain today is work hard have nothing if employed. Even mortgages are so out of reach that renting becomes a trap that some can not escape. Landlords would be so lucky to have us renting. Our owners are amazing as they rent for investment not as a buisness. I have found this makes better landlords/lady's. I've seen some sht properties that family relatives rented from over the years and estate agents that are crooks for allowing such poor living conditions.
Ok so under the new rules how much notice would I need to give a tenant who was outside of the say 6 month contract term and just on a rolling month by month basis if for example over the coming years I needed to sell the property to pay of my mortgage or because it will soon not comply with the new EPC regs.
I had a tenant who was an office working and bought her own property but kept my flat on as a workshop for her painting ,I took her to court to get the flat back and the court found that she had forged the rent book to make it look like she had exclusive use of the kitchen which she hadn't ...but the council went ahead and prosecuted me for harassment I got £1000 fine ,,,,,at the same time as my case was going on another landlord had a bad tenant on notice to leave and the tenant flooded the flat downstairs so he had to evict him straight away before more damage was done ,,,he was find £500 ,,,,,I stopped all HMO's after that. ,,so with your section 21 going might well see the local council taking more landlords to court and giving them criminal records and even prison for second and third offences ,so is it any wonder landlords are getting out.
Was she paying rent? You got a criminal record ontop of a small fine of £1000 but she was paying rent everymonth? Why did you want her out so bad that the council decide to get the police involved and charge you with a crime rather than a civil matter?
I need some guidance on this. Currently we are in a property in England. The landlord is selling it. The disastrous thing is that she is declared as a bankrupt and she has never protected the deposit we paid her. Now she keeps giving notice and voiding it. We have no idea how we are going to get back our deposit. Moreover, rent was paid in advance before moving in which needs to be adjusted with last month's rent but she refuses all that even though everything is mentioned in the lease agreement. From the bankruptcy register, we found out the trustee handling this property but on contacting them, we were not given proper details about the status of the sale and all that! I hope someone can help me! Mayets Sales & Lettings is the agency that is involved in the sale. In their website, the property is mentioned as SSTC. Please help!
Hi @Jamie and community! What if your reason to serve section21 is that you’ve come up to the break clause or the end of tenancy and you wish to or forced to raise rent?
The bit he mentioned about Section 8 is the standard now. It's still a painful process to get them evicted. The problem I see is that the government is taking our autonomy over our investments. Combined with the energy performance standards they are squeezing us out with no back up plan. Just seems really stupid where both landlord and tenants suffer!
If the government and council made it so that they paid the landlord directly and the tenant couldn't get the money first, a lot more landlords would be willing to rent to DSS.
@@transformativelearning2186 There's w lack of discussion on why section 21 of the 1988 housing act exists and a lack of perspective as to why it's being redreseed Before 1988 tenants could move in, pay thd first months rent and never pay again ~ getting the tenants out was difficult. Section 21 tipped the scales the other way, so landlords could get rid of a tenant for any and no reason. Tenant gets pregnant? Evict. Want to get more rent? Evict - or strongarm tenant into paying more etc. Lack of security for private renters has dragged the economy and mood down ever since. Over the years hundreds of thousands? if not millions? of renters studying, starting a new career, vulnerable or without the means to rebalance their upheaval have been evicted under section 21...many who are people who have otherwise paid their rent and followed the rules of their tenancy, folk who would have completed their studies, fulfilled their career objectives and contributed to the economy and society, didn't. Constantly living under the gloom of not knowing where you stand has hurt everyone ultimately, added to the homeless population, generations now who have been less likely to have bold aspirations ...when what was needed was simply balance. This seems like it. As a landlord you buy to rent, yet on the other side are people paying to live. At the great cost renters now pay they deserve some basic rights to not be turfed out unexpectedly. Tenants not paying rent or breaking the rules of their tenancy can still be evicted, just not for arbitrary reasons. I'm not saying you are counter to that point, just that I don't see a lot of conversation about it.
Jamie, I own a 3 bed house in Altrincham. Do I spend £10k on refurbishing it and rent it out quickly, or spend £60k on a loft conversation and rear kitchen extension. Primary residence and work would add about £100k to current value. 3 beds rental are around £1100 a month, 4 bed at around £1600 a month. I want it back in about 3.5 years, so that my daughter can go to the local schools and we would want a 4 bed then. Work will probably take about 1 year including planning etc, but hopefully make me £40k and no capital gains. I currently live with my girlfriend, so the house is sat empty
Spot on Jamie. No decent landlord would object to tenants having basic human rights. Far more important than the profits of usurous landlords i.e. the kind that actually set out to live off of the labours of others by taking buy-to-let loans and making someone else pay it off. That is NOT a legitimate business, it is just criminality. So I have no sympathy for over leveraged buy-to-let parasite landlords.
So rents are going up??? mmmm, But if you have to except DSS Tenants and there is a cap on the Rents paid, how does that work...... This is all about dragging the private sector into the controlled public sector, due to lack of council/social sector housing... Has anyone tried getting a social tenant out. When councils are doing all they can to keep them in situ. As for a register of Landlords and tenants. Who's gonna police that?.... There has been a sustained attack on private landlords over the last 8 years or so and I think more to come. Rent caps maybe? Under the licensing sceme councils can literally stop you renting your property to 3 or more tenants, for verious reasons.... I love optimism. glass half full approach, but at what point does reality prevail.
I was a 'Slum Landlord'. I used to rent (And take care of) the kind of men who are now homeless on the street. Their housing benefit was payed into my bank account every month and I payed for the damage, electricity and gas theft. Our Masters in Islington and Hampstead in their Mansions have no idea of real life. Hence poor men in the street.
Landlords have abused S21. My private landlord issues this despite never missing rent. They never fixed anything and once we managed to be rehoused they did a full refurb. Tenants need to be protected better
I want my landlord to get a fair return on his investment. At the same time I expect fair value for my rent. It is about time landlords realised that renters are human beings. It can't be only a cash transaction.
What if I want to increase the rent of my property (fair increase based on the average rent in the area) and tenants do not agree? Will I be able evict tenant on that basis?
ITs great to protect tenants but it also weaponizes bad tenants that target good landlords. Do mortgage companies pause mortgage payment or does the council or government take responsibility for non-paying tenants debts? No! It would protect good landlords if the government stepped in and chased the tenants debt instead of leaving it up to landlords to do and in Scotland, first tier tribunal is a joke and costs landlords thousands by being largely ineffective. Landlords end up paying tenants off, taking the 9 month loss of rent debt and then have to pay to repair the properties they own. How is that fair? It isn't but with a slight change to the rules that make landlords and tenants work together, housing would be no issue and landlords wouldnt feel that they need to sell up! As for DHS or LLH tenants, they're not all bad but how do landlords know? If they are bad then landlords are in the position i stated above! The current system that takes months to get tenants out is useless. That needs looked at and the government needs to take over rent payments day 1 for landlords to be at ease but theres no sign of mortgage payments being paused and the mortgage debt being assigned to non-paying tenants or the councils and governments taking on the debt of non-paying tenants. I'm talking about things that will never happen however because good landlords will always suffer to bad tenants. Last thing (cause im eating my Weetos and having a coffee), good landlords that abide by the rules is going to be the same as if good gun owners in the U.S ended up being forced to hand over their guns. Every good gun owner will hand over their gun while every bad person with a gun will see it as an opportunity to force theft on the honest people. Without some tenant reform where all tenants are tied financially to the government in someway, bad tenants will just take the piss and good landlords will just leave the market.
A lot of landlords will end up selling is it worth tha hassle. There's lots of honest good tenants and landlords. But also there's lots of bad tenants who don't pay there rent and trash the houses then disappear. Also it should be up to the landlord if they want animals not the authorities.
You miss the point. Usually when landlords kick someone out for no reason there IS a valid reason. No fault evictions are just easier. Laws designed to protect tenants often hurt tenants as well as landlords. The more hurdles you put for landlords to jump over the less likely property investors will be there to invest in rental properties. This means higher prices for tenants. Landlords are not rapacious bastards out to hurt people. We are working folks who through disciple and prudence trying to plan for our retirement. Landlords take the risks. A bad tenant can take a hammer to every wall and window, walk away and you and I both know there is almost a 0 % chance of ever getting reimbursed for those damages.
I'm not even a landlord but I have to agree with landlords on this matter. Abolishing Section 21 puts them at the mercy of the legal system if they ever come across a dodgy tenant. The scenarios under which a tenant can be kicked out have an unsurmountable burden of proof on the landlord, unless you are MI5 or HMRC and have millions to invest in legal counsel. Did you say that after 2 months of falling into arrears you can kick someone out? I don't buy it. After 2 months you can "probably" initiate legal proceedings. And then it might take you a couple of years to actually get them out, or maybe 6 months if you're lucky. That's enough to bankrupt any small landlord.
What a load of rubbish. If you can't afford to take someone to court over an actual 'dodgy' deed (in your words), then you shouldn't be a landlord, it's as simple as that really.
In addition to my other comment, where the heck did you get 'millions to invest in legal counsel' from? - It costs less than £100 and up to a few hundred to take someone to a small claims court. Just nonsense all around really.
@@The_Situation that's what the objective is: To crush every single one of the small and medium landlords in favour of major corporations who own hundreds of properties. Notice that I said "small landlord", when I referred to the real possibility of bankruptcy. Anyway, it is not about the cost of taking someone to court. That is a relatively small expense. The real financial expense is having to continue to pay the mortgage on that property as well as maintaining it in a good state of repair for the length of time that the lawsuit and all subsequent appeals would take. And all of that while the tenant is not paying his/her rent, so you get zero income from that rented property. Now tell me what small or medium size company has that kind of cash laying around.
@@The_Situation OK, I see that you didn't read my previous response. It is not about the cost of taking someone to small claims. A child running a lemonade stand at the weekend could afford that.
@@silviafarfan2523 I honestly don't get your points at all. Irrespective of whether you are a 'small time landlord' or you have thousands of units, you are running a business, you are dealing with a variety of individuals, and you are taking on risk. Risk should be calculated and accountant for. If you are naïve (or stupid) enough to not ever expect a bad tenant then, again... don't be a landlord.
I worked hard to buy my first home when I was 24. I worked around the clock actually, and saved for a deposit. Then I met my now husband and moved in with him after 18 months, so decided to rent my house out. I’m not a rich person, only a humble driving instructor, so thinking of selling my rental house to avoid being stuck with bad tenants that refuse to pay, even though they’re probably earning more than me! The current tenants are wonderful, so I won’t evict them and haven’t put the rent up for years as they look after the place, and I’m not greedy. But if I had a tenant that trashed the house and didn’t pay, I’d really struggle to pay the mortgage on it, so think it’s the time to sell now, before I’m taken under 🤔
Mandatory grounds for falling behind on rent already exist under s.8, so there's no new benefit granted on that front by the reforms. Yet, most landlords still choose to use s.21 being much faster and cheaper. Currently experiencing ligitation myself and I can tell you the courts are completely broken. Presumably due to underfunding, the system has become incredibly unorthodox - between the judges and the court staff, everything that can go wrong seems to be going wrong. On top of that, you then have inexplicable delays at every stage all of which results in ballooning legal costs (and will also translate into further rent arrears if that is what you're in court for). If it already takes many months to evict for rent arrears under s.21, a far more streamlined process, then what do you imagine evictions under s.8 are like? Unless the courts are also made more efficient (no sign of that) the abolishing of s.21 is very bad news.
i rent and have been served a section 21 ive had a leak in my kitchen since october last year emptying buckets of water everyday and i kept reporting it and nothing got done and now the kitchen is ruined floor is coming up and the landlord has done nothing since last week which is bad as ive got kids and now the landlord has said hes selling his house but let us live in his house with damp and a damaged kitchen.
On the 24 feb 2021 i started rented a caravan that now in 2022 found out that was not declared to the council, no tax on it, landlord was making more than 7000£ per year from me. I had all this times 2 pipes bursed, mould like crazy, mushrooms growing in ,a leaking ceiling, nothing was done by landlord. Things started to get worse. Fire services, council came and saw ,took photos, made reports. Was forces to move to another property of the landlord and now he is harrasing me and intimide me daily. My deposit was not put on tsd or tds. She keeps telling me yo take my deposit back. She sais now i have 2 properties . I was forced by council to move in her studio so she is no sued. Now she is trying to do still illegal stuff and forbids me to pick all my stuff from my caravan. I always paid 1 day prior my rent day. Never missed a rent and payed my bills. She is a bad landlord and people need to listen and see what she is doing to me. No permision on 4 caravans. Now all the other 3 caravan tennents must be evacuated. I really hope someone will response or look at this cos is shameful
It’s a nightmare as you may have a tenant who’s a real nuisance but pays so serving a second 8 is really hard and expensive so you serve a section 21 and the tenant comes up with any old thing and you find your self in a hearing. At the end of the day it’s the landlord property not the governments and you find your self up against the ropes to get YOUR own property back.
Hi Jamie, so what happens during the tenancy renewal and annual rent review for an existing tenant when for example, you want to increase the rent by say 5% for the next 12 months, but the tenant doesn't agree to it? Does the tenant have the right to stay in the property on a periodic basis at the old rental amount?
As long as your rent increase can be justified to current rates. They can be issued a section 13 notice to raise rent. Once their fixed term is over. If they don’t want to pay they will fall behind on rent. Or they can move out.
@@ChrisLee-yr7tz I heard the same but can’t see it happening. The non fixed term brings its own problems. Say you have a buy to let lease hold flat. It says no temporary let’s and has to be a 6 month minimum. Everyone will start doing serviced accommodation 😂
@@leesmith8810 I'm not sure the Gov't gives a sh1t. There are huge implications from it but it's in the white paper. I realise that doesn't mean it will become law but they seem hell-bent on screwing up the market.
Thank you for another informative video. Jamie, on a separate note I have had to report a spam what's app number coming up on your last video that I have commented on claiming to be you wanting to chat. It goes off when you report it and then comes back on again.
In my opinion, section 21 is essential when dealing with HMO house-sharing tenants who occasionally don’t get on, don’t clean up after themselves, are not interested in keeping the home clean and often crest a very unpleasant atmosphere and cause unhappiness to other housemates who are left with no other choice but to move out and leave the nuisance tenant for the landlord and future housemates to deal with. Another very important issue I forgot to mention which I have personally encounter with house-shares over the past 30 years, is when one housemate refuses to pay their share of the bills and the other poor housemates are left to deal with the problem, often resulting in them moving out leaving me, the landlord to deal with the nuisance tenant
And the bullied tenant is expected to give evidence against the bully and yet live under the same roof for who knows how long before the case gets to court.
when I did HMO 's I must have had more than my share of bad tenants and as you said any good ones soon left and often you didn't find out why until it was too late ,
Hi Jamie, who are you using for your property management in Leeds that 'hardly ever' speak to previous landlords when referencing? We'll always ensure previous landlords are contacted when referencing for new tenants. Let me know if you want to have a chat about how we can help manage your properties more efficiently. Josh.
It's easy to actually forget who OWNS the property. The landlord bought it, renovated it, paid the mortgage, took the risk with an unknown tenant, and, for whatever reason, wants it back. Renters need to remember that they are paying guests, for a while. They are not renting forever, in private properties. If it goes back to houses being valueless due to having sitting tenants, there will be fewer homes, not more, as landlords sell. The AST assisted the property letting boom, scrapping fair evictions at the end of tenancy will kill it.
Thinks all the new changes will make many that have been stable renters out on the streets as land lords exit. . however I'm sure the policy makers will re house them at a much higher cost as rental properties disapear .
Hi Jamie, Regarding abolishing of the Fixed Term Tenancy Agreement and introduced of the new Rolling Tenancy, does this mean that a tenant could move into a property and immediately give two months notice. This would mean landlords would incur additional costs, agents fees etc.
If you give them a good home I can not see this being a problem, saves paying every year to renew tenancy! Remember it’s supply and demand. I’ve got same tenants of 9 years. Look after them and they will look after you.
Just been given a section 21 so my family will be out in the cold soon ! God help the landlord IF ANYTHING happens to my wife or kids ! Wankers !!!!!!!!
You can say no to a family and you can say no to pets. You still can choose who you let the house to. So you have the option between someone with a dog and someone without a dog, you choose the person without the dog and you don't have to give an explanation.
Know a few landlords that say their LHA tenants are some of their best tenants. Government often get things wrong, but this particular change in legislation makes perfect sense to me
I have an LHA tenant in a property, she is a single mum with 2 kids, the best tenant I’ve had and payment is always on time! Luck of the draw though I must admit.
@@tomcooper2976 honestly you can tell from looking which lha tenant is going to be an issue. It is more difficult to tell professional tenants though. Have had issues with professionals who have absolutely ruined properties because they just don't care. I'm talking food stains all over kitchen, grubby mouldy bathrooms, toilet with a permanent shit ring and fixtures and fittings broken. They seem to think this is wear and tear. Lha tenants will have the time to make the house their home and those that look chavvy should be refused.
Glad to see people are seeing the new legislation being a genuine benefit rather than a hindrance (especially with the portal). I do however hope there is a better support to help landlords reasonably increase rents annually without completely getting overruled by the courts when it comes to long term tenants. It's the same argument about affordability for landlords as it is for tenants when everything else increases in price with the exception of our own salaries.
Also if you have a nightmare tenant and they finally get ready to move and the new landlord requested a reference. You are boxed in a corner because if you tell the truth they won’t get the new property and you are still stuck with them!
Section 8 are difficult to evict a non payer that knows the system. Just pay + arrears - two months of rent - £1. Then the court has to use discretion to evict. You get someone that plays the sob story, the judge will give them another chance. Next time at the court they pay arrears - one months of rent (to show they are getting better), the judge may give a second chance, etc.. All the while you are paying legal costs + dealing with stress? I know so many people that have had to deal with this...
What does this mean for tenants who currently have been served a notice? My landlord gave me one in June. It sounds good so far but I’m not sure if it will help us
I'm not sure what you're talking about, every tenancy I've had has gone through an agency and they use independent referencing agencies. I had to produce everything just short of DNA to the company before I was allowed keys. If you trash a property as a tenant, that's actually a criminal act of vandalism and should be reported to the police, that's totally down to the landlord, it's not a systemic issue. If a tenant has a criminal record, these things can be checked. Also, many letting agents actually ask for references from prior landlords and landlords themselves should be doing this before taking on tenants. I think the cases you are referring to are probably where landlords themselves are dodgy and maybe taking on some tenants that technically should have been vetted a little better, or maybe should never have been taken on for legal reasons. Due diligence with lettings is 100% the landlord's responsibility, unless they've delegated to a letting agent or other management company. There absolutely should be laws to protect tenants, because not everyone necessarily wants to be a landlord and has the human right to shelter provided they can pay for it and should not be subjected to some of these greedy and sometimes morally bankrupt landlords.
I think I’m a good landlord. I always maintenance my 2 properties, make sure yearly elec and gas inspections are done. Renew building insurance yearly (anything, I make sure is done within reason). Problem I have is, one of my tenant pays very low rent and is an obstacle to my agent to get works done in the end. So I had enough, served Section 21 in May 2022 house on market to sell. But I really don’t want to sell. What do I do? Btw, on becoming a first time landlord, my original agent falsified the rent income i would get as they included their monthly agent fees into it, and i still have the same tenant. Hope you can advise.
It’s all very well you saying that rents my increase by 10-15%, if you have tenants in situ you can only increase the rent once a year by about 5% so year on year you could be majorly falling behind.
If the current situation with gas, electric and fuel isn't resolved and inflation continues, rents won't be going up at all. Tenants will not be able to pay the existing rent and will be asking for rent reduction.
@@JamieYork That doesn't make much sense Jamie, maybe you typed it in a hurry ?Rents will have to come down and property prices too. Millions of people will not be able to afford it. The landlord's best bet is benefit recipients as they will get increased allowance. I don't think you've quite grasped the seriousness of what we're facing.
At 2:32, you say you can get rid of a tenant if you're looking to sell the property, or you want to move in yourself. My family had an issue with a property which was bought as a future end-of-life home for my inlaws when they could no longer cope with their own home. The tenant was an elderly man whose family insisted he stayed there until he died. The tenant won the right to stay and my inlaws never did get to live in that property before they died, and had to remain in their large home which they could no longer manage and which was very expensive to run. In my local newspaper a landlord was given a suspended 24-week jail sentence for evicting a tenant because he wanted to live in the property himself. It doesn't seem to me that a landlord can actually get their property back when they want it. That bothers me. I would like to start investing in property, but I'm scared to rent out if you can't take the property back when you need it. I wouldn't mind giving 6 months' notice; it just seems that you can't do it at all.
Q: Why would you want to get rid of a tenant? A: To refurb it before increasing its rental income value without having to work around the tenant A: to put the rent up quicker than the current tenant is willing to pay A: because it's your property and you should be able to do what ever you like with it Q: Why would landlords want to refuse to rent to DSS or LHA tenants? A: because people who aren't earning their own income are less likely to care about your property. That is not discrimination. This is another step in the path toward the abolition of private property rights. The Labour party already stated they wanted to introduce rent control. Imagine having a tenant who can refuse to pay more rent that you now cannot remove from your own property. I challenge the video maker to provide statistical objective evidence that racism and sexism plays any signifcant role in motivating these proposals. Statement: If you are a private landlord you are likely to be renting in a better area - There is literally no reason to make this assumption or claim. All in all though this was a good and informative video.
I was on a joint tenancy agreement was here 7 years until my partner secretly decided to leave Never missed a single payment and now im a trespasser just been given fees to pay to the tune of 1400 quid and 5 days until I have to find another place ,I feel like I'm about too lose it all I bought new lino and bought new blinds the courts terrible and it looks like me and my dog are on the street
All tenants which being “filtered” by myself- never caused any troubles.. and doesn’t matter is black, white, east European or British- they all trouble free.. I only had problems with young British couple (which was referenced by estate agency and recommended).
I don’t see this being an issue whatsoever. It’s should not be hard to find a breach of contract with a tenant who may be difficult, sell the house or move in are all valid reasons, put rent up in line with local valuations and the tenant can make their own mind up. Rolling two months notice, no problem then no more annual renewal fees from estate agents.
Yes you can use these reasons but from what I understand if you use clauses like 'Sale of property' just to remove your tenant you will be unable to re-let the same property for a further 6 months. They are introducing new section 8 rules for landlords to regain possession but they are making it so that landlords actually don't abuse or use loopholes to gain possession, stating one of the reasons and then once they have the tenant out just re-let the property.
As a renter myself it's been excruciating trying to find a property to rent I have always paid my way on time every time and I am a chilly and I like a very ni e home so I with permission have the home in perfect condition but because I have a dog that helps me with mental health I have been turned down so many times. My dog is a Labrador who is so loving of life and does not chew and is house trained. When I've had to leave a property it's always been in a better state than when I first moved in. I think these changes are great and protect both landlords and tenants alike. It will never be the perfect solution but this is very good.
Yep same here I always lie about my dog, but ive been booted out not for non payment all of them have moved back in or sold up, realy annoying and expensive
Hi Jamie, great video just wanted to ask you a question, is there a maximum amount you can increase rent for tenants? It's just that some of my rents are super low and I was wondering if there was a limit or is it based upon the market value of that particular area or room or house?
Look at the Tenants Protection Act 2019 aka AB148 as a rule of thumb its 5% plus max 10% according to the prices index/annual inflation rate these are published by the govt online, today I would be looking at an increase if the rent currently is superlow of around 15%
nope you can rip off renters to the max market rent in a given area, only if you really take the mick they could go to a rent tribunal its all on the landlords side sadly
WHEN I WAS WORKING WITH A LANDLORDS MANAGING OVER 100 PROPERTIES THE BEST TENNANTS WERE THE CRIMINALS THEY PAID ON TIME , NEVER COMPLAINED , REFARRED THERE FRIENDS ONTO YOUR PROPERTIES , AND STUCK WITH YOU AS A LANDLORD IF THEY WANTED TO MOVE OUT THEY WOULD MOVE INTO ANOTHER EMPTY PROPERTY AS THEY LIKED THE LANDLORDS , THE WORKING PEOPLE WAS THE WORST ALWAYS COMPLAING AND LATE ON RENT !!!
At the moment I’d say it’s never enough for me. No, not at all. There are easier ways to make money i think. I want to help as many people as possible and money is just an outcome of that
When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance 💯
When I was at uni my landlord agency was known to routinely keep the deposits of all students in their flats each year. I actually had go to the agency owners office the second year, I refused to leave unless he shows me paperwork of what i did wrong or call the landlord or police on me. I got the last 35gbp he owed me in cash after a 2 hour standoff , it was nothing for the guy who owned a blemming new bmw but for me it was 2 weeks food money.
I own an estate agents. I can say this. Students mostly tend to not bother cleaning the houses for most of the year. To used to mum and dad doing it. I’m regards to the deposit it should be protected by the DPS and they almost always side with the tenants when it comes to disputes unless the evidence is overwhelming against the tenants.
@@tomjones8715 hi Tom, I don’t focus on wales I’m afraid because I’m not living or doing any business there so I won’t try and pretend I know the answers. What is in place and what is your concern? Might be able to offer something?
@@leesmith8810 To be fair I've had people leave my properties in bad condition, regardless of occupation
@@leesmith8810 . Attacking people trying to get their money back after attempted theft . disgusting
Just wanted to say I believe I commented on one of your videos nearly 2 years ago when I bought my home, I have now acquired my first rental in Guernsey (where I live so information slightly differs) for a bit over £300k at the age of 23. I think without these videos I would not have had the knowledge to do what I have done, Thanks for providing great quality videos for free!!
Ah wow! That’s amazing, thanks so much for the comment. So happy you’re getting value!
At 23 years old you have no earning power on average (you haven't built up enough experience and reputation to command high wages) and have no built up credit history, so how on Earth have you managed to buy a £300k property from scratch without either an inheritance, gambling and getting very lucky, or obtaining proceeds from some sort of criminal activity?
And please don't tell me it was through Cryptocurrency.
@@Longlostpuss or you could just congratulate him for getting onto the property market at a young age...
@@Longlostpuss you just said it , on average. Doesn’t mean people don’t exist earning more .
Let’s say for example they graduated and became a financer, coder or London solicitor at 21 Annual salary after 2 years of experience around 80k ish conservatively .Now multiply that by 4.5. There’s your borrowing amount. Add in a 10% deposit that’s been saved over the last 2 years of working. Or someone very close could have passed away and they inherited 300k. If that was the case , I’m sure they rather have the family member then the cash.
Not sure why you also said no earning power at 23 or reputation bit naff really.
Oh I also was able to pass a credit check for 2 cars on finance at 23. I also worked with someone who passed a credit check for a mortgage and 2 cars at around the same age. so again you’re whole comment just comes across as envy that you’re not able to get a 300k house .
Lastly it’s none of your business and so rude to ask a stranger how they’re making money and to assume it’s from illegal trade.
Thanks @@aarif1202a, you explained it perfectly! I have worked hard and forgone a lot of opportunities to go out spending my money and made a point of saving as much as I could whilst living with my parents to get to this point. I wish you the best in your endeavors!
Thanks for the video. In June I got a section 21. I have been looking day and night for a decent 2 bedroom property because I have 2 teenagers ( boy and a girl). It's outrageous...unbelievable how many agencies and landlords have refused me because of the kids or because I claim universal credit. I work full time, earning quite decent and still...couldn't find anyone to accept us. I didn't even dare looking at 3 bedroom properties. Nearly every day I have to hear " we have strict referencing and the Landlord doesn't want tenants claiming any benefits or doesn't want kids".
Disgusting. Well good news for you… that’s about to be illegal!
Do you remember who was the Father of your teenagers ? Ask him to Co-Sign.
reality has hit home so many had the opportunity to purchase their own homes and are now paying huge rents, my generation had to live through 15% interest rate in the late 80's and I still managed to get on the property ladder
@@Daisy-tl2lh wow your generation really are total wizard geniuses if only you could teach us your ways
I have a house and I wish I had another 1 so that I could rent you and your kids a house
It's not their home, it's where they live that's the point, if I want my property back its my perogative regardless. The issue is everybody thinks they're entitled to tell others their business
It's not your property until you have 100% equity and no landlords do. Until then, the bank still owns it and the landlord is is indebted.
Personally I don’t think you should become a landlord if your intention is just to uproot someone whenever you want. This isn’t stopping you from doing that, you just need to have a reason now. I’d argue that it’s your house, but their home
Your attitude is a lot of the problem. You may own the property but its your tenants "home." Everybody deserves a home ffs.
@@JamieYork I agree totally with you. Someone as above shouldn't be a landlord
Everybody needs food and medications , somehow the government doesn't go for supermarkets or chemists to provide these things to whomever happens to be in need
Mould is normally caused by tenants, not landlords I have properties that have never had mould and suddenly new tenants move in and mould appears when they dry clothes on radiators.
It's our home at the end of the day, we have worked for it, paid tax on money earned before we bought it, pay tax on earnings from it then will pay tax when selling it - we should be able to choose who we want in our properties and when we want them out foe whatever our reasons may be that don't fit their agenda.
Landlords are getting screwed, we have no protection even when doing everything by the book... it costs us when evicting and where the tenants are at fault the cost is on us to get them out and judges often take the tenants side even when they are at fault and we are never left without suffering some financial loss.
This is getting ridiculous now, from what I know from council housed tenants the councils don't follow the same rules within their housing and there are no consequences.
If we just want our property back that we have paid for for whatever our personal reason is - that is our business, why is the government getting involved, take responsibility and house them yourselves then, or stop taxing us and then maybe you have the rights to make the damn rules on what we can and can't do when we want our properties back.
Everyone has different views on it
There is a lot more to this, and I agree decent tenants should have home security, better stability and decent standard of living conditions within the property, however I do believe landlords should have a more Americanised system, whereby if you are not able to pay for your rent after two consequent notices Sheriffs evict you on behalf of landlord and you are put on a register that is checked when you apply on your next rental. This will prevent people not paying for rent, providing landlords with reliable income and ability to pay back banks for their mortgages. The question is does this ruling only apply to self registered landlords or limited companies as well?
I have pretty much paid my landlords mortgage for 15 years and now, on a whim he has evicted me under section 21. Done nothing but treat his property like my own.
That sucks man! Some people can be horrible for no reason!
Hey, Jamie, when using abbreviations, please explain them.
You did with lha, which is great.
But also dss and others please. It saves time and easier to stay involved. :)
Great feedback. Thanks bud
Where are tennants going to find the extra 10-15% to pay the increase in rents, on top oft he increases thay have had in utility bills, particularly electricity and other rising expenses? Just saying! I am not a tennant but I am concerned that we are growing an underclass.
I just had to move out like that. Given 2 months notice even though I was 8 months into a contract. I'd been paying rent on time, kept the place nice and out of nowhere. It was only in April I got the notice, apparently so he can put his idiot son up. Absolute violation
I agree the customer ie us should have so many more rights to a longer tennancy and two months notice is pathetic, funny how every landlord says its only bad tennants that kicke dout when I know dozens like you and me who have been given a section 21
Deregulation Act 2015 mean tenants cant be evicted if repairs are required. Contact your MP to amend this Bill. Tenant action groups have done, and brought about this bill.
What? So you have to do what you signed to do legally?
This is hilarious 😂. landlords should be doing repairs required. What an absurd comment 🙄.
Completely understand everything comment you have made. I do have a serious issue over the government telling landlord what they can do with there own property. As bad and not morally right it can be you should be able to rent your property out to anyone you want to! I simply do not agree with the government having proxy control over the cashflow of a privately owned property.
Totally, it's my property I worked hard for it and paid the bloody government through the nose in taxes to buy it. I should decide who I rent it to or not. What happened to an Englishmans home is his castle, freedom and free speech? GONE! because everyone's happy for government to stick their nose into everything, take over everyone and wrap them in cottonwool.
Government has run out of social housing , they wish to fix the problem by making the private sector accommodate people they should be housing , sort of a reverse "right to buy" policy
That's why these new laws and regulations are coming into force. To stop both rogue landlords and tenants.
@@Stringbean421 we can have registers for that though. We don’t need the government to tell us who we must allow in our privately owned properties.
@@reece1348
Yeah right, registers and kept by who? Some dodgy third party outfit.
I don’t get it. If you’re at the end of your contract and you haven’t negotiated more time or an extension why would you be surprised you’re being asked to leave. Isn’t that the whole point of a contract? You live here until it ends?
Renting out a flat is like running a business lot of hassle and I'm too old for it
I totally agree! I see myself as more of an investor than a property manager, so I use property management on my rentals! It's worth the investment!
Mold can be an issue in perfectly good houses when tenants dont ventilate it properly eg leaving wet washing to dry in the spare room , not opening bathroom windows and switching the ventilation fan off.. hard to prove and all up to the landlord to put right
Common Sense , of which our Socialist Masters in their Million Pound Mansions in Islington have not an iota.
Anti mould treatment is also a perfectly acceptable solution… dont be cheap
@@JuanAristi Or just stop ruining someone else’s house? How entitled do you have to be to have that opinion lol.
@@almostfamous1685 The ratio of slum landlords vs bad tenants is already recorded, and the slum landlords win the “entitled” competition hands down
It's called AGENDA 30..... And NO, its not a conspiracy... Look at everything that's happening with utility bills, getting drivers off the roads, gender nonsensical crap...... YOU'LL OWN NOTHING BUT BE HAPPY - Klaus Schwab
Well said
My ten cents:
I imagine the rents will indeed be going up by 10-15%, not because its a “great opportunity” but because this suite of legislation will drive a significant number of landlords (and properties) out of the rental market, make it harder to finance BTL properties without expensive improvements, and thus the rental stock will shrink to new lows leaving everyone worse off: paying higher rents, paying above asking price, paying more months in advance, paying for additional liability/damage insurance for pets etc etc to secure the dwindling number of rental properties in an increasingly competitive market.
The ideas behind the legislation are well-intentioned however they ignore that increased costs and liabilities, admin etc are simply going to be passed on as higher rents and it seems to assume a near zero elasticity of supply: believing that however onerous/difficult/unprofitable you make it to do business in a particular sector that enough people will always keep supplying. This is not true and the proof is already in evidence - I personally know several landlords liquidating their portfolios: first the ones that are uneconomic to bring up to new EPC standards (so no-one else is going to replace these as BTL either), then eventually rest where they don’t want to be locked in to new unlimited length contracts with no right to select one tenant over another or obtain control of the property unless they can PROVE they have a valid reason to want control of their own asset. We’ve seen rental properties lying empty on the UK before due to poor legislation and I foresee it happening again.
I could imagine a piece of legislation that requires a landlord to offer a property for rental if they have a BTL mortgage but AFAIK this will also apply to properties that are debt free which is an extremely draconian thing to enforce on someone who might want the property for another purpose: company lets, holiday lets or airbnb etc.
There is naturally a requirement for social housing in the UK and it is the *government’s* job to build this stock instead of dumping the problem on the private sector. Private renting supports flexibility: early stage housing whilst people prepare to buy, temporary accommodation, employment mobility, international rentals - it can act as a buffer or supplement for social housing but its not intended as a substitute for council (social) housing and long-term (life-time) rentals
I'm still trying to get my properties up and running, it seems like this government hates us. What are my options. Do I go to the USA or Dubai !?
Title should read end of fixed term lets and S21 . When you rent out you are taking a gamble that the tenant is going to be Ok. The current system means if you get it wrong after 4 months you can give 2 months notice and wait for court eviction. The new system is like welcoming an unknown guest to your house, and they constantly trash it, party, or generally cause trouble and then your not able to tell them to leave your house. How is this an improvement? Landlords want the flexibility, 42 years of S21 has boosted the supply. This bill, if enacted, would mean less supply, hence with same demand increased rents, as you say. So what happens next? Reasonable rents get defined by government, or in effect rent control. Just leave as is, the figures for S21 are grossly inflated, the government latest survey says only 2 % of all tenants were evicted for non sale or moving back in reasons, Deregulation Act 2015 means
What about if you want to increase the rent so the tenant is paying the market value?they can’t/don’t want to pay and you can’t evict them?
Wow Jamie this was a great video. If somebody pays rent I would have no problem keeping them on board forever. Why would anyone want to evict for no reason?
You’d be surprised bud. Glad you liked the video
Well that's what I used to think too until I got a "pain in the ass" tenant, self-obsessed and needy. Won't go into details but there are situations when money is not everything. As a service provider you should be allowed to be able to choose who you do business with. And don't tell me about tenants human rights etc. If don't behave at tesco even when you're paying the security has right to ask you out of the shop. Also it's very difficult to evict even when a tenant is not paying for months. I know there are rouge landlords but there are also tenants from hell
How does an increase of 10-15% in rent help if your tenants are on benefits who pays the difference if it’s the max amount that local authorities is not enough
Hi Jamie, if the government can actually sort out the painful eviction process when rent is in arrears it would be a big positive... From what I understand you can't get your property back for full refurb, government expects you to provide alternate accomodation which may mean in some cases easier to sell then do the refurb...
Jamie any tips. Iv'e not been working for a year and want to sell my property which is currently rented to a DSS tenant. Tenant is great but mortgage is due soon and I really don't want the higher interest rate especially as DSS money is capped and it won't be financially viable to have the property anymore. The advice she has been given is do the 2 months notice then let the landlord take you to court as it will give her an extra 2 months in the property then they will rehouse her last minute. Neither of us want it to go to court but doesn't look like we have any choice. I was even going to give her some extra money when it's sold as a thank you for being such a good tenant but if I have to go to court i'm assuming there will be costs so I won't be able to pay her anything. HELP ANYONE.
Sounds like a tough one! Maybe contact the council yourself?
I served section 21 last month in March. I am selling the property though so a very good reason for eviction. But my tenant is having trouble finding another place to rent, due to the rental market's price increase. What happens when the due date is for her to leave but she can't find somewhere else to live? I don't want to lose my buyer. The buyer is ready to move in: in May. So this is a tricky situation for me now. How can I help her move out without going through the courts? Look forward to your reply Hope you can help.
Help her to find another place, recommend her to another landlord if you know any, hope it went okay for you!
my property my rules.
stuff off gov.
stuff off tenants who don't like it.
Good luck with that!
@@JamieYork thanks...
Renters never get comfortable because it's not your home.... its a lease... I learnt the hard way...
Landlord decided to sell up... his house totally get it.... section 21....
Excellent tenants of 7 years never missed a payment and decorated house all neutral colours to maintain up keep... took pride in gardening and planted beautiful shrubs flowers, maintained drive .
Then homeless.
No social care from council FA. No savings as paying rent and living from month to month... no benefits.... the working homeless...
Back to renting after borrowing money ....
It's not home it's a roof over our heads and again never missed rent payment.... keep place clean but will not commit to DIY or decorating as it's not home.
Britain today is work hard have nothing if employed.
Even mortgages are so out of reach that renting becomes a trap that some can not escape.
Landlords would be so lucky to have us renting.
Our owners are amazing as they rent for investment not as a buisness.
I have found this makes better landlords/lady's.
I've seen some sht properties that family relatives rented from over the years and estate agents that are crooks for allowing such poor living conditions.
Ok so under the new rules how much notice would I need to give a tenant who was outside of the say 6 month contract term and just on a rolling month by month basis if for example over the coming years I needed to sell the property to pay of my mortgage or because it will soon not comply with the new EPC regs.
I had a tenant who was an office working and bought her own property but kept my flat on as a workshop for her painting ,I took her to court to get the flat back and the court found that she had forged the rent book to make it look like she had exclusive use of the kitchen which she hadn't ...but the council went ahead and prosecuted me for harassment I got £1000 fine ,,,,,at the same time as my case was going on another landlord had a bad tenant on notice to leave and the tenant flooded the flat downstairs so he had to evict him straight away before more damage was done ,,,he was find £500 ,,,,,I stopped all HMO's after that. ,,so with your section 21 going might well see the local council taking more landlords to court and giving them criminal records and even prison for second and third offences ,so is it any wonder landlords are getting out.
Was she paying rent? You got a criminal record ontop of a small fine of £1000 but she was paying rent everymonth? Why did you want her out so bad that the council decide to get the police involved and charge you with a crime rather than a civil matter?
I need some guidance on this. Currently we are in a property in England. The landlord is selling it. The disastrous thing is that she is declared as a bankrupt and she has never protected the deposit we paid her. Now she keeps giving notice and voiding it. We have no idea how we are going to get back our deposit. Moreover, rent was paid in advance before moving in which needs to be adjusted with last month's rent but she refuses all that even though everything is mentioned in the lease agreement. From the bankruptcy register, we found out the trustee handling this property but on contacting them, we were not given proper details about the status of the sale and all that! I hope someone can help me! Mayets Sales & Lettings is the agency that is involved in the sale. In their website, the property is mentioned as SSTC. Please help!
Sounds like a crazy situation! Hopefully you get sorted soon!
Hi @Jamie and community! What if your reason to serve section21 is that you’ve come up to the break clause or the end of tenancy and you wish to or forced to raise rent?
This is informative learning.
Top bloke
Much respect to your well-balanced sense of fairness.
Much appreciated
The bit he mentioned about Section 8 is the standard now. It's still a painful process to get them evicted.
The problem I see is that the government is taking our autonomy over our investments. Combined with the energy performance standards they are squeezing us out with no back up plan.
Just seems really stupid where both landlord and tenants suffer!
If the government and council made it so that they paid the landlord directly and the tenant couldn't get the money first, a lot more landlords would be willing to rent to DSS.
They can do that , myn gets paid to landlord direct
Totally agree. Piss taking would stop! Happy days! Peace all round. After all we buy to rent for an income . Right?!
just ask potential tenant to arrange it that way, recession proof secure income
Thats how it used to be… but Landlords still refused and actually kept overpayments
@@transformativelearning2186 There's w lack of discussion on why section 21 of the 1988 housing act exists and a lack of perspective as to why it's being redreseed Before 1988 tenants could move in, pay thd first months rent and never pay again ~ getting the tenants out was difficult. Section 21 tipped the scales the other way, so landlords could get rid of a tenant for any and no reason. Tenant gets pregnant? Evict. Want to get more rent? Evict - or strongarm tenant into paying more etc.
Lack of security for private renters has dragged the economy and mood down ever since. Over the years hundreds of thousands? if not millions? of renters studying, starting a new career, vulnerable or without the means to rebalance their upheaval have been evicted under section 21...many who are people who have otherwise paid their rent and followed the rules of their tenancy, folk who would have completed their studies, fulfilled their career objectives and contributed to the economy and society, didn't. Constantly living under the gloom of not knowing where you stand has hurt everyone ultimately, added to the homeless population, generations now who have been less likely to have bold aspirations ...when what was needed was simply balance. This seems like it. As a landlord you buy to rent, yet on the other side are people paying to live. At the great cost renters now pay they deserve some basic rights to not be turfed out unexpectedly. Tenants not paying rent or breaking the rules of their tenancy can still be evicted, just not for arbitrary reasons.
I'm not saying you are counter to that point, just that I don't see a lot of conversation about it.
Jamie, I own a 3 bed house in Altrincham. Do I spend £10k on refurbishing it and rent it out quickly, or spend £60k on a loft conversation and rear kitchen extension. Primary residence and work would add about £100k to current value. 3 beds rental are around £1100 a month, 4 bed at around £1600 a month. I want it back in about 3.5 years, so that my daughter can go to the local schools and we would want a 4 bed then. Work will probably take about 1 year including planning etc, but hopefully make me £40k and no capital gains. I currently live with my girlfriend, so the house is sat empty
Altrincham is so expensive now I was in Timperley..
Spot on Jamie. No decent landlord would object to tenants having basic human rights. Far more important than the profits of usurous landlords i.e. the kind that actually set out to live off of the labours of others by taking buy-to-let loans and making someone else pay it off. That is NOT a legitimate business, it is just criminality. So I have no sympathy for over leveraged buy-to-let parasite landlords.
Exactly! There are 2 very different types of landlords - The ones that genuinely care and then the others...
So rents are going up??? mmmm, But if you have to except DSS Tenants and there is a cap on the Rents paid, how does that work...... This is all about dragging the private sector into the controlled public sector, due to lack of council/social sector housing... Has anyone tried getting a social tenant out. When councils are doing all they can to keep them in situ. As for a register of Landlords and tenants. Who's gonna police that?....
There has been a sustained attack on private landlords over the last 8 years or so and I think more to come. Rent caps maybe?
Under the licensing sceme councils can literally stop you renting your property to 3 or more tenants, for verious reasons.... I love optimism. glass half full approach, but at what point does reality prevail.
I was a 'Slum Landlord'. I used to rent (And take care of) the kind of men who are now homeless on the street. Their housing benefit was payed into my bank account every month and I payed for the damage, electricity and gas theft. Our Masters in Islington and Hampstead in their Mansions have no idea of real life. Hence poor men in the street.
Landlords have abused S21. My private landlord issues this despite never missing rent. They never fixed anything and once we managed to be rehoused they did a full refurb. Tenants need to be protected better
That’s really bad. I promise we’re not all like that!
I want my landlord to get a fair return on his investment. At the same time I expect fair value for my rent. It is about time landlords realised that renters are human beings. It can't be only a cash transaction.
Why didn't you do something about it?
What if I want to increase the rent of my property (fair increase based on the average rent in the area) and tenants do not agree? Will I be able evict tenant on that basis?
There will be other aspects to consider too!
I am in the posses off a Section 8 eviction, It has cost me £10,000 up to now and is still has not not gone to court yet.
Keep going, don't give up, sometimes they can take a while!
Hi Jamie York Thank's.
New to the channel, hoping to get a BTL in the near future and can tell I will learn a lot from subscribing. Thanks!
ITs great to protect tenants but it also weaponizes bad tenants that target good landlords. Do mortgage companies pause mortgage payment or does the council or government take responsibility for non-paying tenants debts? No! It would protect good landlords if the government stepped in and chased the tenants debt instead of leaving it up to landlords to do and in Scotland, first tier tribunal is a joke and costs landlords thousands by being largely ineffective. Landlords end up paying tenants off, taking the 9 month loss of rent debt and then have to pay to repair the properties they own. How is that fair? It isn't but with a slight change to the rules that make landlords and tenants work together, housing would be no issue and landlords wouldnt feel that they need to sell up!
As for DHS or LLH tenants, they're not all bad but how do landlords know? If they are bad then landlords are in the position i stated above! The current system that takes months to get tenants out is useless. That needs looked at and the government needs to take over rent payments day 1 for landlords to be at ease but theres no sign of mortgage payments being paused and the mortgage debt being assigned to non-paying tenants or the councils and governments taking on the debt of non-paying tenants. I'm talking about things that will never happen however because good landlords will always suffer to bad tenants.
Last thing (cause im eating my Weetos and having a coffee), good landlords that abide by the rules is going to be the same as if good gun owners in the U.S ended up being forced to hand over their guns. Every good gun owner will hand over their gun while every bad person with a gun will see it as an opportunity to force theft on the honest people. Without some tenant reform where all tenants are tied financially to the government in someway, bad tenants will just take the piss and good landlords will just leave the market.
A lot of landlords will end up selling is it worth tha hassle. There's lots of honest good tenants and landlords. But also there's lots of bad tenants who don't pay there rent and trash the houses then disappear. Also it should be up to the landlord if they want animals not the authorities.
You miss the point. Usually when landlords kick someone out for no reason there IS a valid reason. No fault evictions are just easier. Laws designed to protect tenants often hurt tenants as well as landlords. The more hurdles you put for landlords to jump over the less likely property investors will be there to invest in rental properties. This means higher prices for tenants. Landlords are not rapacious bastards out to hurt people. We are working folks who through disciple and prudence trying to plan for our retirement. Landlords take the risks. A bad tenant can take a hammer to every wall and window, walk away and you and I both know there is almost a 0 % chance of ever getting reimbursed for those damages.
I wonder if the new law will be easy to enforce for tenants to be protected. I've seen plenty of houses to rent looking terrible.
Bad landlords will always be bad landlords.
I'm not even a landlord but I have to agree with landlords on this matter. Abolishing Section 21 puts them at the mercy of the legal system if they ever come across a dodgy tenant. The scenarios under which a tenant can be kicked out have an unsurmountable burden of proof on the landlord, unless you are MI5 or HMRC and have millions to invest in legal counsel. Did you say that after 2 months of falling into arrears you can kick someone out? I don't buy it. After 2 months you can "probably" initiate legal proceedings. And then it might take you a couple of years to actually get them out, or maybe 6 months if you're lucky. That's enough to bankrupt any small landlord.
What a load of rubbish. If you can't afford to take someone to court over an actual 'dodgy' deed (in your words), then you shouldn't be a landlord, it's as simple as that really.
In addition to my other comment, where the heck did you get 'millions to invest in legal counsel' from? - It costs less than £100 and up to a few hundred to take someone to a small claims court. Just nonsense all around really.
@@The_Situation that's what the objective is: To crush every single one of the small and medium landlords in favour of major corporations who own hundreds of properties. Notice that I said "small landlord", when I referred to the real possibility of bankruptcy. Anyway, it is not about the cost of taking someone to court. That is a relatively small expense. The real financial expense is having to continue to pay the mortgage on that property as well as maintaining it in a good state of repair for the length of time that the lawsuit and all subsequent appeals would take. And all of that while the tenant is not paying his/her rent, so you get zero income from that rented property. Now tell me what small or medium size company has that kind of cash laying around.
@@The_Situation OK, I see that you didn't read my previous response. It is not about the cost of taking someone to small claims. A child running a lemonade stand at the weekend could afford that.
@@silviafarfan2523 I honestly don't get your points at all. Irrespective of whether you are a 'small time landlord' or you have thousands of units, you are running a business, you are dealing with a variety of individuals, and you are taking on risk. Risk should be calculated and accountant for. If you are naïve (or stupid) enough to not ever expect a bad tenant then, again... don't be a landlord.
I worked hard to buy my first home when I was 24. I worked around the clock actually, and saved for a deposit. Then I met my now husband and moved in with him after 18 months, so decided to rent my house out. I’m not a rich person, only a humble driving instructor, so thinking of selling my rental house to avoid being stuck with bad tenants that refuse to pay, even though they’re probably earning more than me! The current tenants are wonderful, so I won’t evict them and haven’t put the rent up for years as they look after the place, and I’m not greedy. But if I had a tenant that trashed the house and didn’t pay, I’d really struggle to pay the mortgage on it, so think it’s the time to sell now, before I’m taken under 🤔
Think in the long term! What will benefit you more :)
@@JamieYork thanks, some good info there, so would you keep the property if you were in my shoes?
Mandatory grounds for falling behind on rent already exist under s.8, so there's no new benefit granted on that front by the reforms. Yet, most landlords still choose to use s.21 being much faster and cheaper. Currently experiencing ligitation myself and I can tell you the courts are completely broken. Presumably due to underfunding, the system has become incredibly unorthodox - between the judges and the court staff, everything that can go wrong seems to be going wrong. On top of that, you then have inexplicable delays at every stage all of which results in ballooning legal costs (and will also translate into further rent arrears if that is what you're in court for). If it already takes many months to evict for rent arrears under s.21, a far more streamlined process, then what do you imagine evictions under s.8 are like? Unless the courts are also made more efficient (no sign of that) the abolishing of s.21 is very bad news.
i rent and have been served a section 21 ive had a leak in my kitchen since october last year emptying buckets of water everyday and i kept reporting it and nothing got done and now the kitchen is ruined floor is coming up and the landlord has done nothing since last week which is bad as ive got kids and now the landlord has said hes selling his house but let us live in his house with damp and a damaged kitchen.
Halfway through the video it will probably be answered
If you want to move in or sell can you still give notice ?
Absolutely bud, they’re not taking away either of those rights
I received last week a letter from some Lawyers Co regarding this Section 21 Housing Act 1988.Please I need your Help.Special now in full Winter time
On the 24 feb 2021 i started rented a caravan that now in 2022 found out that was not declared to the council, no tax on it, landlord was making more than 7000£ per year from me.
I had all this times 2 pipes bursed, mould like crazy, mushrooms growing in ,a leaking ceiling, nothing was done by landlord.
Things started to get worse.
Fire services, council came and saw ,took photos, made reports.
Was forces to move to another property of the landlord and now he is harrasing me and intimide me daily.
My deposit was not put on tsd or tds.
She keeps telling me yo take my deposit back.
She sais now i have 2 properties .
I was forced by council to move in her studio so she is no sued.
Now she is trying to do still illegal stuff and forbids me to pick all my stuff from my caravan.
I always paid 1 day prior my rent day.
Never missed a rent and payed my bills.
She is a bad landlord and people need to listen and see what she is doing to me.
No permision on 4 caravans.
Now all the other 3 caravan tennents must be evacuated.
I really hope someone will response or look at this cos is shameful
It’s a nightmare as you may have a tenant who’s a real nuisance but pays so serving a second 8 is really hard and expensive so you serve a section 21 and the tenant comes up with any old thing and you find your self in a hearing. At the end of the day it’s the landlord property not the governments and you find your self up against the ropes to get YOUR own property back.
You do have rights it's called 6 month contract or rolling tenancy. Landlords never had it so great what with all the options they have.
Hi Jamie, so what happens during the tenancy renewal and annual rent review for an existing tenant when for example, you want to increase the rent by say 5% for the next 12 months, but the tenant doesn't agree to it? Does the tenant have the right to stay in the property on a periodic basis at the old rental amount?
same question here
As long as your rent increase can be justified to current rates. They can be issued a section 13 notice to raise rent. Once their fixed term is over. If they don’t want to pay they will fall behind on rent. Or they can move out.
@@leesmith8810 There won't be any fixed terms going forward but you will be allowed 1 rent increase per year as long as it's deemed 'reasonable'.
@@ChrisLee-yr7tz I heard the same but can’t see it happening. The non fixed term brings its own problems. Say you have a buy to let lease hold flat. It says no temporary let’s and has to be a 6 month minimum. Everyone will start doing serviced accommodation 😂
@@leesmith8810 I'm not sure the Gov't gives a sh1t. There are huge implications from it but it's in the white paper. I realise that doesn't mean it will become law but they seem hell-bent on screwing up the market.
Thank you for another informative video. Jamie, on a separate note I have had to report a spam what's app number coming up on your last video that I have commented on claiming to be you wanting to chat. It goes off when you report it and then comes back on again.
Thanks bud. If I see it I’ll remove them from the channel… of course it’s not me!
@@JamieYork thank you
In my opinion, section 21 is essential when dealing with HMO house-sharing tenants who occasionally don’t get on, don’t clean up after themselves, are not interested in keeping the home clean and often crest a very unpleasant atmosphere and cause unhappiness to other housemates who are left with no other choice but to move out and leave the nuisance tenant for the landlord and future housemates to deal with. Another very important issue I forgot to mention which I have personally encounter with house-shares over the past 30 years, is when one housemate refuses to pay their share of the bills and the other poor housemates are left to deal with the problem, often resulting in them moving out leaving me, the landlord to deal with the nuisance tenant
The big issue with the section 8 and HMO’s is that anti social behaviour is a discretionary ground
Agreed
And the bullied tenant is expected to give evidence against the bully and yet live under the same roof for who knows how long before the case gets to court.
when I did HMO 's I must have had more than my share of bad tenants and as you said any good ones soon left and often you didn't find out why until it was too late ,
Read the proposed new rules, anti social behaviour is still grounds and issue a section 8
Hi Jamie, who are you using for your property management in Leeds that 'hardly ever' speak to previous landlords when referencing? We'll always ensure previous landlords are contacted when referencing for new tenants. Let me know if you want to have a chat about how we can help manage your properties more efficiently. Josh.
Why is no one addressing the simple question: section 21 is abolished and I need to sell. What happens?
It's easy to actually forget who OWNS the property.
The landlord bought it, renovated it, paid the mortgage, took the risk with an unknown tenant, and, for whatever reason, wants it back.
Renters need to remember that they are paying guests, for a while. They are not renting forever, in private properties.
If it goes back to houses being valueless due to having sitting tenants, there will be fewer homes, not more, as landlords sell.
The AST assisted the property letting boom, scrapping fair evictions at the end of tenancy will kill it.
Thinks all the new changes will make many that have been stable renters out on the streets as land lords exit. . however I'm sure the policy makers will re house them at a much higher cost as rental properties disapear .
Hi Jamie, Regarding abolishing of the Fixed Term Tenancy Agreement and introduced of the new Rolling Tenancy, does this mean that a tenant could move into a property and immediately give two months notice. This would mean landlords would incur additional costs, agents fees etc.
Yes it's possible we can be used for short term let's now
If you give them a good home I can not see this being a problem, saves paying every year to renew tenancy! Remember it’s supply and demand. I’ve got same tenants of 9 years. Look after them and they will look after you.
I DON'T KNOW ABOUT the property market in the UK BUT interest rate keeps upping the rates every month.
Yep. That’s the whole world right. Good news it that Sai are the rents at an even higher rate (in the UK that is )
Too many unproductive rentiers are a drain on the economy.
Just been given a section 21 so my family will be out in the cold soon ! God help the landlord IF ANYTHING happens to my wife or kids ! Wankers !!!!!!!!
You can say no to a family and you can say no to pets. You still can choose who you let the house to. So you have the option between someone with a dog and someone without a dog, you choose the person without the dog and you don't have to give an explanation.
I understood eviction for unpaid rent has to be 2 months unpaid each year, only after they have unpaid this for 3 yrs in a row can you evict.
Not under the new proposed changes
Know a few landlords that say their LHA tenants are some of their best tenants. Government often get things wrong, but this particular change in legislation makes perfect sense to me
I have an LHA tenant in a property, she is a single mum with 2 kids, the best tenant I’ve had and payment is always on time! Luck of the draw though I must admit.
@@tomcooper2976 honestly you can tell from looking which lha tenant is going to be an issue. It is more difficult to tell professional tenants though. Have had issues with professionals who have absolutely ruined properties because they just don't care. I'm talking food stains all over kitchen, grubby mouldy bathrooms, toilet with a permanent shit ring and fixtures and fittings broken. They seem to think this is wear and tear. Lha tenants will have the time to make the house their home and those that look chavvy should be refused.
Glad to see people are seeing the new legislation being a genuine benefit rather than a hindrance (especially with the portal).
I do however hope there is a better support to help landlords reasonably increase rents annually without completely getting overruled by the courts when it comes to long term tenants. It's the same argument about affordability for landlords as it is for tenants when everything else increases in price with the exception of our own salaries.
Also if you have a nightmare tenant and they finally get ready to move and the new landlord requested a reference. You are boxed in a corner because if you tell the truth they won’t get the new property and you are still stuck with them!
Section 8 are difficult to evict a non payer that knows the system. Just pay + arrears - two months of rent - £1. Then the court has to use discretion to evict. You get someone that plays the sob story, the judge will give them another chance. Next time at the court they pay arrears - one months of rent (to show they are getting better), the judge may give a second chance, etc.. All the while you are paying legal costs + dealing with stress? I know so many people that have had to deal with this...
what happened to this portal that the gov is building, is it a thing already?
What does this mean for tenants who currently have been served a notice? My landlord gave me one in June. It sounds good so far but I’m not sure if it will help us
I'm not sure what you're talking about, every tenancy I've had has gone through an agency and they use independent referencing agencies. I had to produce everything just short of DNA to the company before I was allowed keys.
If you trash a property as a tenant, that's actually a criminal act of vandalism and should be reported to the police, that's totally down to the landlord, it's not a systemic issue. If a tenant has a criminal record, these things can be checked.
Also, many letting agents actually ask for references from prior landlords and landlords themselves should be doing this before taking on tenants.
I think the cases you are referring to are probably where landlords themselves are dodgy and maybe taking on some tenants that technically should have been vetted a little better, or maybe should never have been taken on for legal reasons.
Due diligence with lettings is 100% the landlord's responsibility, unless they've delegated to a letting agent or other management company.
There absolutely should be laws to protect tenants, because not everyone necessarily wants to be a landlord and has the human right to shelter provided they can pay for it and should not be subjected to some of these greedy and sometimes morally bankrupt landlords.
I think I’m a good landlord. I always maintenance my 2 properties, make sure yearly elec and gas inspections are done. Renew building insurance yearly (anything, I make sure is done within reason). Problem I have is, one of my tenant pays very low rent and is an obstacle to my agent to get works done in the end. So I had enough, served Section 21 in May 2022 house on market to sell. But I really don’t want to sell. What do I do? Btw, on becoming a first time landlord, my original agent falsified the rent income i would get as they included their monthly agent fees into it, and i still have the same tenant. Hope you can advise.
Any data on percentage number of antisocial tenants ? How does the proposed change affect landlords if you have to tackle antisocial tenants?
It’s all very well you saying that rents my increase by 10-15%, if you have tenants in situ you can only increase the rent once a year by about 5% so year on year you could be majorly falling behind.
Hi Jamie, is there a date when this legislation will come into place?
Protect the poorest not the richest, imagine tenants having no secure place to live getting kicked out willy nilly.
I’ll try to protect all. Nothing to do with money, just what I personally believe is right a wrong
Where can I find the government platform for tenants and landlords that you mentioned?
I can actually see the advantage of this change about section 21. Thanks for the info chief!
If the current situation with gas, electric and fuel isn't resolved and inflation continues, rents won't be going up at all. Tenants will not be able to pay the existing rent and will be asking for rent reduction.
Some won’t be able to pay of course but the same can be said for the rest of it. A starting to rise again already across my portfolio
@@JamieYork That doesn't make much sense Jamie, maybe you typed it in a hurry ?Rents will have to come down and property prices too. Millions of people will not be able to afford it. The landlord's best bet is benefit recipients as they will get increased allowance. I don't think you've quite grasped the seriousness of what we're facing.
What would be the proces to get a tentant out how doesnt pay 2 month rent. Do you still have to go thoufb the court process
Loads of mps are landlords so there will always be loopholes
Exactly! The big reason it’s the way it is!
At 2:32, you say you can get rid of a tenant if you're looking to sell the property, or you want to move in yourself. My family had an issue with a property which was bought as a future end-of-life home for my inlaws when they could no longer cope with their own home. The tenant was an elderly man whose family insisted he stayed there until he died. The tenant won the right to stay and my inlaws never did get to live in that property before they died, and had to remain in their large home which they could no longer manage and which was very expensive to run.
In my local newspaper a landlord was given a suspended 24-week jail sentence for evicting a tenant because he wanted to live in the property himself. It doesn't seem to me that a landlord can actually get their property back when they want it. That bothers me. I would like to start investing in property, but I'm scared to rent out if you can't take the property back when you need it. I wouldn't mind giving 6 months' notice; it just seems that you can't do it at all.
That’s the key thing, if you’re doing that you need to give them reasonable time but it’s 100% legal
@@JamieYork Thank you!
renters want homes not hobby landlords thanks
Q: Why would you want to get rid of a tenant?
A: To refurb it before increasing its rental income value without having to work around the tenant
A: to put the rent up quicker than the current tenant is willing to pay
A: because it's your property and you should be able to do what ever you like with it
Q: Why would landlords want to refuse to rent to DSS or LHA tenants?
A: because people who aren't earning their own income are less likely to care about your property. That is not discrimination.
This is another step in the path toward the abolition of private property rights. The Labour party already stated they wanted to introduce rent control. Imagine having a tenant who can refuse to pay more rent that you now cannot remove from your own property.
I challenge the video maker to provide statistical objective evidence that racism and sexism plays any signifcant role in motivating these proposals.
Statement: If you are a private landlord you are likely to be renting in a better area - There is literally no reason to make this assumption or claim.
All in all though this was a good and informative video.
Agreed. Seems daft.
It’s a good thing this new reform😀
I was on a joint tenancy agreement was here 7 years until my partner secretly decided to leave
Never missed a single payment and now im a trespasser just been given fees to pay to the tune of 1400 quid and 5 days until I have to find another place ,I feel like I'm about too lose it all I bought new lino and bought new blinds the courts terrible and it looks like me and my dog are on the street
When the hell is this going to happen? We need it abolished now more than ever.
All tenants which being “filtered” by myself- never caused any troubles.. and doesn’t matter is black, white, east European or British- they all trouble free.. I only had problems with young British couple (which was referenced by estate agency and recommended).
That’s great. Honestly, tenants get a bad rap, but actually they’re brilliant
.
@@JamieYork u no hi
I don’t see this being an issue whatsoever. It’s should not be hard to find a breach of contract with a tenant who may be difficult, sell the house or move in are all valid reasons, put rent up in line with local valuations and the tenant can make their own mind up. Rolling two months notice, no problem then no more annual renewal fees from estate agents.
Yes you can use these reasons but from what I understand if you use clauses like 'Sale of property' just to remove your tenant you will be unable to re-let the same property for a further 6 months. They are introducing new section 8 rules for landlords to regain possession but they are making it so that landlords actually don't abuse or use loopholes to gain possession, stating one of the reasons and then once they have the tenant out just re-let the property.
@@hey12542 I wasn’t saying to lie about selling a property.
As a renter myself it's been excruciating trying to find a property to rent I have always paid my way on time every time and I am a chilly and I like a very ni e home so I with permission have the home in perfect condition but because I have a dog that helps me with mental health I have been turned down so many times. My dog is a Labrador who is so loving of life and does not chew and is house trained. When I've had to leave a property it's always been in a better state than when I first moved in. I think these changes are great and protect both landlords and tenants alike. It will never be the perfect solution but this is very good.
Yep same here I always lie about my dog, but ive been booted out not for non payment all of them have moved back in or sold up, realy annoying and expensive
Is there going to be a cap on annual rent increases? My rental is currently getting much less than similar properties in the road I found out recently
Cheers Jamie. As long as I can sell if need be, I'm all good with this.
Hi Jamie, great video just wanted to ask you a question, is there a maximum amount you can increase rent for tenants? It's just that some of my rents are super low and I was wondering if there was a limit or is it based upon the market value of that particular area or room or house?
I read somewhere it was recommended to be at max 5% increase reviewed no more than once a year
Look at the Tenants Protection Act 2019 aka AB148 as a rule of thumb its 5% plus max 10% according to the prices index/annual inflation rate these are published by the govt online, today I would be looking at an increase if the rent currently is superlow of around 15%
nope you can rip off renters to the max market rent in a given area, only if you really take the mick they could go to a rent tribunal its all on the landlords side sadly
WHEN I WAS WORKING WITH A LANDLORDS MANAGING OVER 100 PROPERTIES THE BEST TENNANTS WERE THE CRIMINALS THEY PAID ON TIME , NEVER COMPLAINED , REFARRED THERE FRIENDS ONTO YOUR PROPERTIES , AND STUCK WITH YOU AS A LANDLORD IF THEY WANTED TO MOVE OUT THEY WOULD MOVE INTO ANOTHER EMPTY PROPERTY AS THEY LIKED THE LANDLORDS , THE WORKING PEOPLE WAS THE WORST ALWAYS COMPLAING AND LATE ON RENT !!!
They are shutting down private rentals from small individual landlords.
They can try but the market is too strong Long term for that
Jamie how much is enough and could I please ask is it all about money
At the moment I’d say it’s never enough for me. No, not at all. There are easier ways to make money i think. I want to help as many people as possible and money is just an outcome of that
When it comes to the world of investing, most people don't know where to start. Fortunately, great investors of the past and present can provide us with guidance 💯