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Is there a long-term solution to the growing eviction problem?

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lookinginvest

Member
While it is all good and well politicians waxing lyrical about security for tenants, what about landlords? We have already seen a huge number of landlords exit the buy to let market because of ever rising costs. If those landlords who remain are left with huge rent arrears as a consequence of the coronavirus, where does the sector go?

Is there a long-term solution to the growing eviction problem?
 
L

Longterminvestor

Administrator
This is a very difficult problem. If those looking to become landlords in the future don't see a suitable return, they will simply look elsewhere. We all know that the UK property market has been starved of new builds for many years and thousands of council houses were sold off during the right to buy scheme. There needs to be protection for landlords otherwise the private rental market will collapse.
 
F

FWL

Member
There is also an elephant in the room when it comes to future issues with eviction. Over recent years the government has significantly increased the cost of investing in and managing private rental accommodation. In order to extract the same investment return as years gone by, rents will need to increase which would place yet more pressure on private tenants. It is ridiculous to see how landlords are being cut adrift by the UK government while protection is afforded to private tenants.

Let's not forget, the only reason the UK private rental market is so strong is because UK governments of years gone by sold off council housing property and failed to reinvest in council stock.
 
L

Longterminvestor

Administrator
It is very bizarre that the government continues to pile ever more costs on those looking to move into the private rental market. These are private landlords who quite literally bailed the government out a mess that has been in the making for decades after selling off, and not replacing, council/social housing stock. Shocking way to be treated, and remember, not all private landlords are rich!
 
S

Susy23

New Member
There is also an elephant in the room when it comes to future issues with eviction. Over recent years the government has significantly increased the cost of investing in and managing private rental accommodation. In order to extract the same investment return as years gone by, rents will need to increase which would place yet more pressure on private tenants. It is ridiculous to see how landlords are being cut adrift by the UK government while protection is afforded to private tenants.

Let's not forget, the only reason the UK private rental market is so strong is because UK governments of years gone by sold off council housing property and failed to reinvest in council stock.
Totally agree! Why don't they think about the future? It is us the people, the electors who will live in those conditions!
 
R

realdeals

Active Member
People can say what they like but there needs to be equal protection for landlords and tenants. It is the landlords who invest the money and own the property. Yet, for some reason they have the least rights.
 
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Longterminvestor

Administrator
It is okay the UK government siding with tenants in the short-term but this does nothing for the long-term attractions of the private rental market. Who in their right mind would want to enter a market where there is little or no protection for investors? Where tenants always seem to have the upper hand in the court of law? Madness.
 
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