x
By using this website, you agree to our
use of cookies
to enhance your experience.
SEARCH
Search
STAY
CONNECTED!
Sign in
Sign in
New here? Sign up
Feedback
My Account
Feedback
Sign out
×
Make Today's Website as home page
Menu
Estate agent today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Letting agent today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Landlord today
News
Features
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Property Investor today
News
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Introducer today
News
Guides & Tips
NEW
Trade Directory
Archive
Advertise with us
Property Jobs Today
Home
Find a Job
Search Recruiters
Recruiters
New
Peter's
Personal Profile
View my company profile
Peter Merrick
2387
Profile Views
About Me
Send message
View company profile
Follow all comments made
my expertise in the industry
Peter's wall
Peter's
Recent Activity
The government in recent years has made no secret of the fact that it thinks there is too much property in the hands of landlords and policy and dogma is that the number of properties to let should be reduced so that people can buy their own property instead. The instruments of this policy are well known: stringent taxes to inflate the cost of renting and thereby make it financially unappealing, and burdensome legislation to make it much more risky for a reduced reward. Landlords have to navigate these waters using the tools at their disposal: higher rents to cover higher costs (highest cost applies in a shortage situation, like the electricity market), and very stringent tenant vetting to make sure that there will be no tenants that take advantage of their legal privilege to carry out antisocial behaviour, not pay rent for months, cause damage, refuse to vacate, etc. Also, use of guarantors and large amounts of rent in advance until this becomes illegal. This can ultimately put landlords in the driving seat as providers of something for which demand exceeds supply. Increasingly, properties will be rented out to people with some kind of connection to the landlord e.g. relatives and friends of past good tenants, who can be counted on to behave in a tenant-like fashion and uphold their end of the (these days) more or less unenforceable contract without question.
From:
Peter Merrick
25 December 2023 18:02 PM
Actually, for the more scientifically minded, it's probably closer to le Chatelier's Law, which is that if you unbalance an equilibrium, then it will automatically respond by rebalancing itself.
From:
Peter Merrick
26 August 2023 02:08 AM
Lorem Ipsum dolor sit amet
Viewed From: Breaking News
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Video Archieve
Today 14:58
Portal Discussions
Joined Group From: Your Community
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Industry View
Today 14:58
Lorem Ipsum dolor sit amet
Viewed From: Industry View
Today 14:58
Lorem Ipsum dolor sit amet
Conversation Comment in: Interior Design
Today 14:58
×
Send a message
Message
×
Write on Wall
Message
×
Send a message
Reply to:
Message
Breaking News
Under 25% of renters bother reading tenancy agreements
RICS: Landlord instructions in short supply as market slows
Long-standing lettings agency snapped up by high-end boutique company
Expansion for well known London lettings and sales brand
Self-employed agency provides analysis of industry recruitment pattern
Almost no agent ready for revised tenancy arrangements
Stop Killing Market with Rent Controls, agents tell minister
Tenants pushing back against large rent rises: Knight Frank
OnTheMarket claims parity with Rightmove for new-build listings
50,000 student rental beds in the pipeline - agency figures
Peter's Recent Activity
From: Peter Merrick
25 December 2023 18:02 PM
From: Peter Merrick
26 August 2023 02:08 AM