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Davy51

Home ownership down,

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& is it surprising when wages aren't keeping up with house prices ? When private landlords are charging extortionate rents & there is a lack of social housing & tenants are in no position to save a deposit to get on the housing ladder. Unless prospective buyers are able to save deposits for property then the much longed for house building boom won't get off the ground.

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We've been here before, thanks to the Luftwaffe there was a critical housing shortage; so the Gov built loads of Council Houses which reduced demand bringing house prices generally down to affordable levels. Alas, along came Maggie, and sold them off, thus reducing the stock and Bliar and Co carried on with the policy by forcing Councils to hand responsibilty over to Associations.  So the solution has been tried and tested, just needs political will.

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Davy... some people want to live in rented accommodation. I rent a house out to a couple who sold their house specifically because they wanted to rent because then when anything needs doing, they just call me and I sort it rather than them having to find the money and people

 

and my rents aren't extortionate either so please don't tar all private landlords as the bad guys just because you've seen a few programmes on channel 4

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Well i know my grand daughter & her husband couldn't get on the housing ladder without family help because all their disposable income wasn't sufficient to get a deposit together once they had paid rent & household bills.

 

If you are a reasonable landlord i raise my hat to you Baz , but apparently property prices are outstripping earnings & the private rental market is being exploited by developers who are charging the earth in rent.

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Nothing wrong with renting; providing it's "affordable".  The Tories are obsessed with "home ownership", and have destroyed any move towards a continental style of a large rented sector. The main difference being, that French or German systems provide longer secure tenancies and with fairer "affordable" rents.  There is also an increasingly large market for grumpies wishing to realise their assets by moving to smaller rented properties.

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Nothing wrong with renting; providing it's "affordable".  The Tories are obsessed with "home ownership", and have destroyed any move towards a continental style of a large rented sector. The main difference being, that French or German systems provide longer secure tenancies and with fairer "affordable" rents.  There is also an increasingly large market for grumpies wishing to realise their assets by moving to smaller rented properties.

 

Do you rent?

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Don't suppose zero hours contracts help much either. High rent prices could be attributed to the DWP being willing to shell out for the  unemployed/low income sector of the community.

 

Do know that the guy who used to rent out properties around my area has sold off all his houses. He charged less for a two up two down terrace than they charge for the flats over the road from me. His biggest problem was the tenants, last few he had paid their deposit and then no rent and he ended up having to redecorate twice after they had left. the last time he had to completely replace all the bathroom fittings as they had managed to damage the lot. Think that was the final straw and so he sold up completely.

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I have good tenants thankfully, a family and an older couple. All working and all very respectful.... which goes a long way to me being good to them.

 

Why would anyone want to rent a property to someone who is going to wreck it is beyond me.... people who do that deserve to be homeless

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The house rental market is definitely a double edged sword ,whether private or social. Some of the tenants knocking about must be nightmares to have living in a house you own.

Is the money still paid to the tenant on trust that he or she will pay the rent & not spend the money on more "important" matters ?

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The house rental market is definitely a double edged sword ,whether private or social. Some of the tenants knocking about must be nightmares to have living in a house you own.

Is the money still paid to the tenant on trust that he or she will pay the rent & not spend the money on more "important" matters ?

 

I think you can choose either. When one tenant first started to rent, she was in receipt of housing benefit and because I did the contract via the council/GGH, they provided the guarantee. She is now in full time employment (her youngest started school) so there is no benefits involved. And I haven't put the rent up in 4 years either because I have no need to :)

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Think they changed it recently; giving the cash to the Tenant to pay the landlord; rather than directly to the landlord. ? The former risks being spent on other things, the latter risks being abused by some landlords, unless strickly monitored by Housing Authorities. It would of course help, if Councils were placed back in control and funded to build low rented accommodation for those that can't afford to buy. Also, given current demographics, it would help if the increasing numbers of singles and old folk were catered for, and under occupied properties released for family occupation.

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I think you can choose either. When one tenant first started to rent, she was in receipt of housing benefit and because I did the contract via the council/GGH, they provided the guarantee. She is now in full time employment (her youngest started school) so there is no benefits involved. And I haven't put the rent up in 4 years either because I have no need to :)

 

An enviable situation all round then.

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Interesting poll by a Housing Charity:-    One in three rent/mortgage payers couldn't keep up payments after a month, if they lost their job. Seems without jobs for life anymore, folk are living on a knife edge.

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Just watched a programme on TV about tenants on benefits... my god, how these people even manage to get a property in the first place is beyond me...... Most were wrecked within a few months of them moving in.

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Quite  lot of landlords would not take people who were on benefit which is one reasons the government started to pay the rent to the tenant rather than the landlord. Now no real way of checking if the tenant is on benefits for them. Letting agents also seem to have no way of checking or at least don't appear to. Mind you as long as they are getting their cut i suppose they are not too fussy.

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High rents are also an obstacle to getting people off benefits & back into work especially when jobs offering wages that cover the necessary housing & other costs to maintain a life don't exactly grow on trees.

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It's one that's upset socialist theories about social mobility; it would seem "class" is a state of mind, and no amount of financial benefits seems to unlock it. Perhaps, if the children of chavs were sent to Eaton or Harrow; the cycle would be broken ?

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It's one that's upset socialist theories about social mobility; it would seem "class" is a state of mind, and no amount of financial benefits seems to unlock it. Perhaps, if the children of chavs were sent to Eaton or Harrow; the cycle would be broken ?

 

I think they would just break the cycles... or nick 'em and flog 'em for booze and fags

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Well, the latest figures show that demand is being allowed to exceed supply, with "affordable" housing not even a consideration with an ownership obsessed Government. Supply has to be increased, and the quickest way to do that would be to allow Local Authorities to build cheap rented housing, possibly utilising pre-fab construction. Then demand has to be reduced, by deporting all illegals and those aliens without the means to sustain themselves, instead of the bleeding hearts inviting every waif and stray into the UK, without having a clue of how to cope with them.

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On the news tonight it showed a London borough with a massive housing crisis because benefit tenants couldn't meet the rent shortfall for private rented accommodation. The following story was about Syrians happily being integrated into Scottish communities ,perhaps the solution to various countrywide housing crises is  moving  the homeless to the Sturgeonesque Utopia ,where prices & rents are probably cheaper.

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Good idea Davy, but the problem is that the benefit claimants in London have got used to living in the most expensive real estate in the UK and see a move to a "lesser" postcode as demeaning to their social status.

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Not quite Asp: whilst there will be a lot of professional benefits claimants, both foreign and domestic; many workers, essential to social and economic cohesion are being priced out of the City. Meanwhile, foreign billionaires are buying up properties as an investment and leaving them empty, inflating prices and reducing supply. Something one would expect a socialist Mayor like Khan, to do something about, but perhaps he's not really a socialist.

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It's hardly surprising that home ownership is down.  Even the so called 'affordable housing' is way out of reach for many who, despite working hard, are on minium wage pay and low contracted hours or even zero contracted hours.

Even those who do get reasonable pay each month (usually made up of low contracted hours and a regular 'not contracted hours' top up) the calculations for what mortgage you are can actually get is normally based on contracted hours only.

People just don't stand a chance these days of getting a mortgage and their own home, especially the youngsters.  No wonder most finish up renting and paying the same monthly in rent as a mortgage would cost them on their own home if they could get one.

Renters are just paying rent to pay someone else's mortgage or to line a property owners pocket if it is already owned outright :(  Dead money but some have no choice.

 

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