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The trouble with renting!

May 28, 2012

One of the biggest drawbacks with renting privately is long term security.

Many tenants want settled lives without the risk of losing their homes due to a landlord’s automatic right to possession (Housing Act 1988, Part 1, Chaper 2, Section 21 for Assured Shorthold tenancies).

NPTO has uncovered evidence of rogue landlords being engaged in the practice of retaliatory eviction (see http://www.npto.btck.co.uk/Researchandreports) when a tenant tries to have their legal rights upheld. I am sure professional landlords oppose this as much as tenants do. Some countries have laws to prevent this practice, NPTO calls for legislation to deal with the problem. CAB produced a great report on the issue called the Tenant’s Dilemma – http://www.citizensadvice.org.uk/press_20070613).

Surely landlords want a stable income stream! why not grant renewable long fixed term Assured Shorthold tenancies (with break clauses for tenants) or grant Assured tenancies, you know it makes sense!

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