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Wiloughby Roberts

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Having been an active LL for well over thirty years, the cap of deposit and increasing interference / threat of petty legislation has led me to accelerate my gradual exit from letting good quality properties. There have been numerous occasions when prospective tenants have been unable to “get over the line”in terms of financial box ticking but have demonstrated decent Christian values and a willingness to lodge higher deposits than normal. Also we have often “vetted ‘ prospective tenants dogs with a view to waiving our no pets clause along with larger deposits to cover potential dog related damage such as door scratching ,hole digging in the lawns and straight forward carpet damage.. The pleasure of providing good quality product in a mutually beneficial manner is being eroded. The governments demonstrate a desire to see corporate , faceless landlords at the expense of the more traditional , maybe old fashioned , small portfolio entrepreneurs. I was very disappointed (to put it politely) at the ease at which the NLA capitulated to the governments demand for a 5 week deposit cap. This has caused numerous tenants to be unable to rent the quality houses they desire and ultimately will lead to less “above average’ properties on the open rental market.

From: Wiloughby Roberts 06 March 2020 13:01 PM

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