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The Undertaker

Time To Bring Back Secured Tenancies?

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In my view, if secured tenancies were reintroduced, with a rent officer from the council who could decide fair levels of rent, it would be a great thing for this country. Also tenants in the private sector would be able to see renting as a long term situation.

Also end right to buy, and invest more in council housing, which should be available to all on a first come, first serve basis. Rents could be used to reinvest in housing stock.

I think if these two policies were implemented, the housing crisis in this country would be a lot better.

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i agree. there needs to be some form of control on rentals. its destroying mobility.

before anyone rents a private property they should::

1. inspect the property for fire regulations and acceptable dwelling condition.

2. price the sq ft areas against a table of local wages and rent caps.

3. submit taxable income forms per lease length.

that would chuck out all but the very professional landlords.

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I tend to agree.

This would move the UK towards the European model where 55% of the population rent from professional property companies offering security of tenure. It would also serve to deflate the manic obsession the UK has for 'ownership' at any cost and the peculiar stigma which attaches to renting; in Germany for example it is regarded as perfectly normal to rent and there is little prestige in owning property. There are also huge benefits in job mobility which renting confers.

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Believe it or not Short term assured tenancies were introduced in the 80s boom as the Tories wanted to provide more private rented accomm to HELP :blink: people who couldn't afford to buy!!!!!!

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Believe it or not Short term assured tenancies were introduced in the 80s boom as the Tories wanted to provide more private rented accomm to HELP :blink: people who couldn't afford to buy!!!!!!

That's true, but they were also introduced to stamp out the scourge of the sitting tenant who robbed landlords blind with his pathetic rental payments.

The problem for tenants now is that they are often subject to the vagaries of the naive amateur landlord who desperately needs to rent out his property to help pay his bloated mortgage while at same time he is trying to unload his over-priced 'investment'. In other words these idiots want it 'every which way' which causes instabilty and uncertainty for the tenant.

Bring on the professional landlord and secured tenancy.

Edited by Red Baron

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The problem for tenants now is that they are often subject to the vagaries of the naive amateur landlord who desperately needs to rent out his property to help pay his bloated mortgage while at same time he is trying to unload his over-priced 'investment'. In other words these idiots want it 'every which way' which causes instabilty and uncertainty for the tenant.

I agree.

There are too many amateur landlords which makes renting risky. They need to rent out their property to pay the rent but also want to sell if they can make a profit. All this adds up to not being able to rent any particular place for any length of time.

I feel I am two years off buying but securing a rental property for this whole term is difficult. 6 months is no time at all and soon passes.

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IMHO some form of rent controls are a dead certainty. Gordon "Miracle Economy" Brown has created a social nightmare with the BTL bubble. The social fall out will be appalling once the economy tanks and unemployment means tenants can no longer afford commercially viable rents. Once North Sea oil has gone and our jobs offshored Britain will probably return to "poor man of Europe" status once more and the boast of having the world's largest housing bubble will evaporate along with the "miracle" that created it.

Its time to get out of BTL because its future as a source of decent income and capital appreciation is over. The great social experiment created by the "Miracle Economy" whereby notional values of houses have risen on a mountain of debt is a dismal failure because it has enriched a few and impoverished many.

Edited by Realistbear

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Does anyone see the pattern emerging here?

First they tell you, you need to pay for your own pension.

then they take that away from you,

though legislating unfavourable economic climates !

Then they say, buy property as an investment???????

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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