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Alison King
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my expertise in the industry

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Alison  King
This bit "If it were so easy for landlords to unilaterally choose to increase rents, they would likely have done so before 2022, says the foundation." I prefer not to increase rents for long term tenants if I possibly can, as it is not in my interests for them to leave, and we are not all motivated by money above all else. Recently I've had a lot of costs including roof issues due to the bad weather as well as rising interest costs and I simply can't keep the rents low forever. I'm thinking of raising them all to LHA rates and pegging them to that. I love being a landlord, especially the bit where you take a run down property and turn it into a lovely home, and my tenants are all lovey too, but I'm already planning my exit strategy. It's been a way to supplement my pension but the hatred from Generation rent as well as the constant assumption that all landlords are unconscientious, greedy and parasitic is driving me away. My tenants know this and most are thinking of buying their homes from me. The reason they rent is because they come from different cultures and fear debt, but I've been trying to explain about good and bad debt to them and how it works in the UK. Landlords did not cause the housing shortage. It's because building costs are high and there is a shortage of builders and other trades, and also because the government has not allowed councils to invest in building social housing. This government appears to have a strategy of blaming everyone except itself and pitting different groups against each other is part of that. Things would be better if Landlord and tenant groups could work together.

From: Alison King 09 April 2024 09:52 AM

Alison  King

From: Alison King 09 November 2021 09:12 AM

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