If there’s any silver lining about the energy crisis is that landlords are gonna have entire homes ruined by damp
Right so, when tenants finally decide enough is enough, I can’t afford to pay that, and just stop paying, what’s the landlord going to do?
It can take a long time for tenants to be forcibly evicted and in that time, the landlord will miss on a lot of rent money. Possibly enough for them to default on the mortgage of the property if there is one.
A rent strike could force the landlord to negotiate.
Let’s be honest, the hike is due to the profits been lower than usual, not because they are struggling themselves.
Shameful and expected.
How is it a £1,000 hike? Do they mean annually?
If so, at 3%, the rent is going from £2,780 a month to £2,865? So £85 a month increase.
Even if the tenants did go to food banks, how the fuck are they going to find an extra grand per month? Everything costs too much as it is and to be honest, i was expecting it to be Fergus Wilson as this is something he would do. London is going to become a city where only the rich can afford to live whilst anyone who isn’t earning shitloads per month is not allowed to live there because they don’t make enough.
One of the biggest scandals in both the US and UK is allowing landlords or venture capitalist investment companies to buy up huge swathes of property to then jack up the rent prices regardless of the affect on the tenants and the communities ties they may have in the areas. It’s beyond horrific this is allowed to happen.
Who would have thought a conservative “truthsayer” in the BBC would influence an article to remove “Conservative LORD who is a landlord” from the headline.
His name is Richard Benyon and he was nominated for the Houes of Lords by none other than Alexander Boris “fuck you peons” de Pfeffel Johnson.
> “Although the Estate is very sympathetic to the increased cost of living they will be unable to accommodate your request for rent reduction at this time.
> “They believe a rent increase of 3% is fair considering the rate of inflation.
> “They have provided me with a number of links to various services such as food banks etc which I can share with you should they be of interest?”
They don’t really care, they just know how to say the right things to make it seem like they do. It may only be a 3% increase on the rent but that comes on top of the various price rises on everything else the tenants need; it also ignores the fact that wages have not gone up by 3% for many. It’s just about making more profit so that they can invest in an even larger portfolio down the line.
Wondering what the time period is for eviction if you don’t pay ?
Hopefully those acumlords that run HMO’s are fucked
What ever will we do without landlords and their sick need to guage every penny from renters.
Just found out the 2 bedroom flat I recently moved out of in Bristol has had its price increased by £600pcm for the next tenants.
Disgusting behaviour in the current climate, especially given the mortgage is already paid off and the landlord owns easily 100+ properties.
“They own 371 homes. “ That’s all I can say. Disgrace, when many of us are desperately trying to get a nice little flat to call our first homes… but it keeps getting harder and harder to get there. Depressing, really.
We are living in a society that lives by the rule ‘hard works brings success’ yet we are sending full time workers to food banks just to survive, what is the fucking point. We are one of the biggest most successful economies in the world; how long until people wake up and realise we as a country are still flush with money, it’s just going to a tiny percentage of the population.
Enough is enough, I hate to say it and know il be downvoted but fuck the tories!
Landlords provide no real benefit to the country, at least at the rates that they are buying up homes that should be on the housing market.
They have control of a limited and needed resource and they are gouging the rest of the country.
Our generation have been priced out of the market and our dreams of home ownership have been dashed.
People right now are looking at heating their homes and eating enough food. Businesses are closing left and right. We are headed for a massive recession.
Landlords are making a big profit off those who now can’t afford to buy and do little to no work themselves.
I have absolutely no sympathy or liking and care for landlords anymore. They need to be controlled like they are in any European country.
To me they are fucking leeches on the country and need to severely restricted so the rest of us can prosper.
So the headline says increase of £1000, then the story says 3%.
So £1000÷3=£333 is 1%,
Which means £333×100=£33,300 rent
If its £33,000 a month, I dont care, they must be bloody loaded.
If its £33,300 a year, then the rent has gone up by £1000÷12=£83 a month increase in rent, which shouldn’t break the bank really.
This is a nothing story.
By all means, correct me if I’m mistaken.
Whilst in Glasgow, I remember seeing in a museum a section on tenements and how their tenants were pushed to breaking point and revolted against the landlords. They won IIRC.
A bit fuzzy on the details but it pops into my mind a lot right now.
im not kidding, rent has gone up by 70% in my building due to enegry cost surge for landlords. grim times ahead.
If a 3% rent hike is £1000, what is the full rent they are paying each month?
Sounds like two more eyeballs for my eyeball jar
I don’t understand. It says the hike was £1000 but then it says the hike was 3%. No way someone is paying £33,000 in rent.
Or, we could just eat the landlord? That about as useful they’ll ever be to society
Why don’t the landlords go to a rent bank?
1. Nationalise the Benyon estate for compensation of £1
2. Rent out the 370 houses as council houses for half the current rent.
3. Have a society
This is the thing the ultra rich fear the most – not changes to taxation, just the government fucking taking ownership of their massive multi-generational housing assets.
Our mortgage payment is £720 pcm. We spent @50k on full renovation of our 3 bed semi before we moved to another country with the company we work for and decided to rent our house to what seemed to be a lovely young family. We didn’t want to charge the going rate in the area which was @1250pcm for the same standard and size property as i thought it would be seriously unfair. Instead we charged 720+10% so we had some cash avaible immidiately if any emergency repairs would be needed. 9 months later I am on the plane back to UK after receiving a phonecall from estate agent managing the property. There has been a small fire in the kitchen, water left running in the bath flooding pretty much entire house, ALL furnishings have been stripped out, including sockets and light swithches, carpets, light fixtures, brand new 15k kitchen and appliances stolen by a tenants. 3 months rent in arrears. Tenants vanished. House needs to be gutted back to bare brick and everything replaced. Estimated cost in current market close to 85k quid. I am 40 years old and slaved it in 3 jobs for 20 years to be able to get on property ladder and buy this house. My next tenants will be paying 1250pcm and i won’t bat an eyelid.
The article says 3% not £1000. This article feels misleading.
Well, I’m glad Anti-food bank, pro-fair society Corbyn didn’t get elected. Just imagine the shit show he would have instilled!
32 comments
If there’s any silver lining about the energy crisis is that landlords are gonna have entire homes ruined by damp
Right so, when tenants finally decide enough is enough, I can’t afford to pay that, and just stop paying, what’s the landlord going to do?
It can take a long time for tenants to be forcibly evicted and in that time, the landlord will miss on a lot of rent money. Possibly enough for them to default on the mortgage of the property if there is one.
A rent strike could force the landlord to negotiate.
Let’s be honest, the hike is due to the profits been lower than usual, not because they are struggling themselves.
Shameful and expected.
How is it a £1,000 hike? Do they mean annually?
If so, at 3%, the rent is going from £2,780 a month to £2,865? So £85 a month increase.
Even if the tenants did go to food banks, how the fuck are they going to find an extra grand per month? Everything costs too much as it is and to be honest, i was expecting it to be Fergus Wilson as this is something he would do. London is going to become a city where only the rich can afford to live whilst anyone who isn’t earning shitloads per month is not allowed to live there because they don’t make enough.
One of the biggest scandals in both the US and UK is allowing landlords or venture capitalist investment companies to buy up huge swathes of property to then jack up the rent prices regardless of the affect on the tenants and the communities ties they may have in the areas. It’s beyond horrific this is allowed to happen.
Who would have thought a conservative “truthsayer” in the BBC would influence an article to remove “Conservative LORD who is a landlord” from the headline.
His name is Richard Benyon and he was nominated for the Houes of Lords by none other than Alexander Boris “fuck you peons” de Pfeffel Johnson.
https://inews.co.uk/news/tory-minister-lord-benyon-family-property-firm-food-banks-rent-1821537
It’s the Tory way
[removed]
> “Although the Estate is very sympathetic to the increased cost of living they will be unable to accommodate your request for rent reduction at this time.
> “They believe a rent increase of 3% is fair considering the rate of inflation.
> “They have provided me with a number of links to various services such as food banks etc which I can share with you should they be of interest?”
They don’t really care, they just know how to say the right things to make it seem like they do. It may only be a 3% increase on the rent but that comes on top of the various price rises on everything else the tenants need; it also ignores the fact that wages have not gone up by 3% for many. It’s just about making more profit so that they can invest in an even larger portfolio down the line.
Can’t just turn up at the vast majority of food banks. Any landlord should be aware of this, regardless of how much their dwellings are charged at
https://www.citizensadvice.org.uk/debt-and-money/using-a-food-bank/
[removed]
Wondering what the time period is for eviction if you don’t pay ?
Hopefully those acumlords that run HMO’s are fucked
What ever will we do without landlords and their sick need to guage every penny from renters.
Just found out the 2 bedroom flat I recently moved out of in Bristol has had its price increased by £600pcm for the next tenants.
Disgusting behaviour in the current climate, especially given the mortgage is already paid off and the landlord owns easily 100+ properties.
“They own 371 homes. “ That’s all I can say. Disgrace, when many of us are desperately trying to get a nice little flat to call our first homes… but it keeps getting harder and harder to get there. Depressing, really.
We are living in a society that lives by the rule ‘hard works brings success’ yet we are sending full time workers to food banks just to survive, what is the fucking point. We are one of the biggest most successful economies in the world; how long until people wake up and realise we as a country are still flush with money, it’s just going to a tiny percentage of the population.
Enough is enough, I hate to say it and know il be downvoted but fuck the tories!
Landlords provide no real benefit to the country, at least at the rates that they are buying up homes that should be on the housing market.
They have control of a limited and needed resource and they are gouging the rest of the country.
Our generation have been priced out of the market and our dreams of home ownership have been dashed.
People right now are looking at heating their homes and eating enough food. Businesses are closing left and right. We are headed for a massive recession.
Landlords are making a big profit off those who now can’t afford to buy and do little to no work themselves.
I have absolutely no sympathy or liking and care for landlords anymore. They need to be controlled like they are in any European country.
To me they are fucking leeches on the country and need to severely restricted so the rest of us can prosper.
So the headline says increase of £1000, then the story says 3%.
So £1000÷3=£333 is 1%,
Which means £333×100=£33,300 rent
If its £33,000 a month, I dont care, they must be bloody loaded.
If its £33,300 a year, then the rent has gone up by £1000÷12=£83 a month increase in rent, which shouldn’t break the bank really.
This is a nothing story.
By all means, correct me if I’m mistaken.
Whilst in Glasgow, I remember seeing in a museum a section on tenements and how their tenants were pushed to breaking point and revolted against the landlords. They won IIRC.
A bit fuzzy on the details but it pops into my mind a lot right now.
im not kidding, rent has gone up by 70% in my building due to enegry cost surge for landlords. grim times ahead.
If a 3% rent hike is £1000, what is the full rent they are paying each month?
Sounds like two more eyeballs for my eyeball jar
I don’t understand. It says the hike was £1000 but then it says the hike was 3%. No way someone is paying £33,000 in rent.
Or, we could just eat the landlord? That about as useful they’ll ever be to society
Why don’t the landlords go to a rent bank?
1. Nationalise the Benyon estate for compensation of £1
2. Rent out the 370 houses as council houses for half the current rent.
3. Have a society
This is the thing the ultra rich fear the most – not changes to taxation, just the government fucking taking ownership of their massive multi-generational housing assets.
Our mortgage payment is £720 pcm. We spent @50k on full renovation of our 3 bed semi before we moved to another country with the company we work for and decided to rent our house to what seemed to be a lovely young family. We didn’t want to charge the going rate in the area which was @1250pcm for the same standard and size property as i thought it would be seriously unfair. Instead we charged 720+10% so we had some cash avaible immidiately if any emergency repairs would be needed. 9 months later I am on the plane back to UK after receiving a phonecall from estate agent managing the property. There has been a small fire in the kitchen, water left running in the bath flooding pretty much entire house, ALL furnishings have been stripped out, including sockets and light swithches, carpets, light fixtures, brand new 15k kitchen and appliances stolen by a tenants. 3 months rent in arrears. Tenants vanished. House needs to be gutted back to bare brick and everything replaced. Estimated cost in current market close to 85k quid. I am 40 years old and slaved it in 3 jobs for 20 years to be able to get on property ladder and buy this house. My next tenants will be paying 1250pcm and i won’t bat an eyelid.
The article says 3% not £1000. This article feels misleading.
Well, I’m glad Anti-food bank, pro-fair society Corbyn didn’t get elected. Just imagine the shit show he would have instilled!