Landlords in the firing line - again!
Mary-Anne Bowring 20/05/2020
1874
Landlords in the firing line don't deserve always to be seen as the bad guy Landlords in the firing line from another consumer group may once again be wondering what they have to do to prove that they are not always the bad guy. Following on from recent calls for tenants to pay no rent if they are suffering financial hardship due to Covid-19, this week Citizens Advice wants buy to let properties to be re-let only if the tenants in them want to move. The proposal is just one in a list of tenant-related demands made by the organisation, most of which relate to the Coronavirus outbreak.
But yesterday Citizens Advice told Letting Agent Today that “properties should only be put on the rental market if the tenant has said they want to move.” We think there’s a major misconception here. There seems to be an assumption that just because tenancy agreements are for a fixed term, landlords automatically want to change tenants. They don’t. Ringley Group MD Mary-Anne Bowring says: “The truth is that a sane landlord would want to end the tenancy only if they were experiencing problems with the tenants. Why face a void period if your tenant wants to stay.
A void means not only the loss of a couple of weeks rent but also the need to refresh the property, spruce it up a bit and maybe even change curtains, furniture or carpets”. Citizens Advice is also calling on the Government to “accelerate its policy to scrap Section 21”. We wholeheartedly disagree with this too and have campaigned to keep a system that we believe is effective. Section 21 is simply a polite way to evict difficult tenants. It stops the court system being clogged up with many small rent arrears cases and gives landlords some certainty that their worst bad debt is the term of the tenancy without protracted court proceedings. Most property owners who rent a home to tenants do a good job. They are not constantly trying to rip-off or evict renters who pay their bills and look after the property. So why put landlords in the firing line - again! www.planetrent.co.uk Why not READ our Property Blog too at www.ringleypropertyblog.co.uk
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Under Offer: This term applies to a property where the landlord is considering an offer but remains on the market. It implies that further offers may still be considered until the landlord formally accepts or declines the current offer.
Let Agreed: This term indicates that a landlord has provisionally agreed to enter into a rental agreement with a prospective tenant, pending additional checks and referencing. It doesn't require the prospective tenant to have paid a holding deposit.
Let: This term signifies an established binding rental agreement between the landlord and tenant.
For both lettings and sales, the guidance addresses additional terms:
New On The Market: This term is used for a property not advertised since its last sale or rental. It should only be used for a brief period.
New Instruction: It applies to a property assigned to an agent for marketing recently, even if it was previously listed with another agent without being sold or rented.
New and Exclusive: This term refers to a property that is either new on the market or a new instruction, exclusively available through a specific agent or portal.
New Method of Sale/Let: This term is used when a property is being marketed for sale or rent using an alternative approach to the original advertisement, such as transitioning to an auction or sealed bid.
Reduced: This term indicates that a property's price has recently been reduced. The reduction should be genuine and comply with the Chartered Trading Standards Institute's guidelines on pricing practices.