Uk rental market changes just saw all landlords put on notice to get hell out of Blighty!!!. Hey freaks, bitcoin had no fault evictions, when ever you want to get out, 24-7 365 days a year, you can cash out, also no gas certification, no blocked toilets and absolutely no leaky rooves!!!!
Would love to know more but I’m a bit confused.
From what I can infer, it seems you’re stating that the UK is protecting the Squatters and screwing over the landlords. Did I get it right?
Also is that how you spell roofs over there?
Apologies, they are stopping “no fault evictions”, meaning if the landlord wanted to sell (for example) or increase the rent, they wouldn’t be able to get rid of the current renters, unless they had broken the tenancy agreement. Prioritising the renters over the person who actually owns the asset. I wans’t very clear. 🫡🙌
Oh okay much clearer understanding for me now! It is a shit situation for the state to be interfering with your own property, for sure, but I’m trying to relate it to what I know of rental agreements in the US.
So with all the lease agreements I’ve been a part of: there’s always a term of length, parameters of what you’re allowed to do in the space, and then escape clauses for things outside of either’s control.
I mean it is fair to me that you are not allowed to raise the rent or evict your renters if you made a formal contract like a lease stating that the rent will be X amount each month and you will be able to live here for Y months. Once that term length is over, either the landlord likes the way things are going and just accepts a month-to-month relationship, or they force a new lease upon you to raise the rent and guarantee your length of obligation, or they kick you out then when they are not bound by contract to put up with you anymore.
All that to say, people should still be bound to contracts they make between each other.
Are they just seriously going to be bound to keep their renters forever at the cost of rent they started paying a decade ago?
There are likely nuances and contracts that will allow what you describe (I had something similar about rent rises each year), but given what the government here are doing, they’re not good on details or any awareness of unintended consequences, so they’ve probably put something in place to prevent putting logical and reasonable contacts in place…….. they simply hate individuals with assets or anyone earning wages, crazy times.
Yeah that is what it certainly feels like. Good to get a grasp of what this is like across the pond.
It definitely sounds familiar to some States adopting Squatters rights:
I enjoy watching some YouTube channels of people in California annoying/torturing squatters out of the residence(or at least trying to).
As well as I came across a desperate elderly man from NewYorkState who was trying to evict squatters. Iirc, he was being threatened to be arrested by the state for not complying with the health and safety statutes for his non-paying “tenants”.
So instead of wasting more money paying fines, he went to the property, called the police, and set himself on fire in protest. They saved his wife, but he and the property were burnt to the ground.
It was a painful video to witness, but that was all the evidence I needed to grasp just how unjust this type of State involvement in rental properties really is, and the type of desperation it produces.
Recently I helped a friend with a rental property. Had some bad renters, drug users who didn't care for the property and weren't paying the rent. We fixed the problem with a bit of the old ultra-violence one night. They weren't ready for a dozen guys showing up to evict them and no chance of "we'll be out at the end of the month" being an acceptable answer.
Great news. Its about time Boomers stopped using housing to rob the younger generation.
Time for the boomers to go all in on Bitcoin!!!!
For that to be true boomers would have had to buy multiple properties when they were in their 20's. Which for most of them would have been the mid 1970's.
Not exactly a good time financially.
Bad Government policy all round has more of an effect than poeple in there 80's living in the home they've livied in most of their lives..
Gm nostriches, useful additional information from Charlotte Gill related to this (from the housing minister)
Appears everyone will have more rights than the actual person owning the property……..
#coffeechain no.2 is needed, but super happy I didn’t my rental earlier in the year.
https://x.com/SteveReedMP/status/1983167768636883131/photo/1
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