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By *our-slave OP   Man
4 weeks ago

nottingham

I just read that private rents in Great Britain increased by an average of 9.1% in the year to Nov 24.

In London, they are up 11.6%.

Compared to 2023, on average, that’s an extra £110 per month in Great Britain and an extra £230 per month in London.

How do people cope with that? Few people get 9-12% pay rises these days.

I realise that mortgages can increase too, but they can also go down. Rents are never going down.

I imagine that a lot of private renters must be genuinely scared for their future.

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By *aulwantsMan
4 weeks ago

Melksham


"I just read that private rents in Great Britain increased by an average of 9.1% in the year to Nov 24.

In London, they are up 11.6%.

Compared to 2023, on average, that’s an extra £110 per month in Great Britain and an extra £230 per month in London.

How do people cope with that? Few people get 9-12% pay rises these days.

I realise that mortgages can increase too, but they can also go down. Rents are never going down.

I imagine that a lot of private renters must be genuinely scared for their future."

. Ok if your train driver

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By *orny7419Man
4 weeks ago

Gloucester

I rented a bungalow. Went up from £550 to £800.

45% increase. Plus my bills. Now left and house sharing. £500 a month and no bills

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By *arlojoeMan
4 weeks ago

darlington

Wife and I have a small amount of savings and considered buying a property to rent out. We discussed our plans with existing rental landlords and thee majority said keep your money in an ISA, less hassle better return.

This govent is hell bent on ruining the rental market with the raft of legislation they are introducing. This means landlords are selling up, less property to rent, rents go up. Law of supply and demand. The whole system needs to be reviewed to make an increased property supply, safety for tenants and landlords. Will it happen, no!

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By *ara JevoTV/TS
4 weeks ago

Bristol East

Where is all the faux outrage from our resident right-wingers?

They go very silent when the capitalists whack up their prices to protect their income.

But woe betide any worker who whacks up the price of their labour to protect their income.

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By *astguy7Man
4 weeks ago

Ross

Government changed tax rules on landlords. That and the dusasterous mini budget made costs jump. Landlords are businesses and ultimately pass the costs on.

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By *wsubalanMan
4 weeks ago

warrington

Im a landlord, worked hard for years and invested in property rather than a pension, long days often 7 days a week to purchase properties

I have been told by other landlords / agencies, that i can easily increase my rent by £100 for a flat or £300 for a house, but i couldnt do that to my tenants

Each tenant has been with me for years, they look after the property so its less work for me. if i increased the rent i know it would make things very very hard for them, especially the ones with young families. I am happy with the income i get - they look after the property and stay long term - simple

must admit though, the way this government is going i am thinking of selling up maybe in the next 2 or 3 years. Any new landlord would hike up the rents im sure

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By *obbie300Man
4 weeks ago

BANGOR Co Down

Blame the government, far more expenses for landlords ,they haven't a clue ,thousands of landlords have sold up,less rental.properties so higher rents,I've sold mine

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By *ldmanMan
4 weeks ago

Howden

AND, there's the main budget in March to come yet!

I wonder what granny harmer Starmer and Rachel theives is planning for that?

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By *rselicker69Man
4 weeks ago

Birmingham

I have a one bedroom flat.clean and tidy.been told I could get £650 a month but I'm not greedy.its bought and paid for

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By *our-slave OP   Man
4 weeks ago

nottingham

I remember the time when you could rent a council house for a reasonable rent. How things have changed.

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By *our-slave OP   Man
4 weeks ago

nottingham


"I have a one bedroom flat.clean and tidy.been told I could get £650 a month but I'm not greedy.its bought and paid for"

Don’t flat renters have to pay some kind of maintenance fee though? I imagine that’s out of your control?

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By *atureGuy66Man
4 weeks ago

Ilkeston


"I just read that private rents in Great Britain increased by an average of 9.1% in the year to Nov 24.

In London, they are up 11.6%.

Compared to 2023, on average, that’s an extra £110 per month in Great Britain and an extra £230 per month in London.

How do people cope with that? Few people get 9-12% pay rises these days.

I realise that mortgages can increase too, but they can also go down. Rents are never going down.

I imagine that a lot of private renters must be genuinely scared for their future."

Mine went up 5% after living here for three years. Not too bad

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By *manMan
4 weeks ago

wiltshire


"I just read that private rents in Great Britain increased by an average of 9.1% in the year to Nov 24.

In London, they are up 11.6%.

Compared to 2023, on average, that’s an extra £110 per month in Great Britain and an extra £230 per month in London.

How do people cope with that? Few people get 9-12% pay rises these days.

I realise that mortgages can increase too, but they can also go down. Rents are never going down.

I imagine that a lot of private renters must be genuinely scared for their future.. Ok if your train driver"

Is there anything stopping you being a train driver ?

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By *ara JevoTV/TS
4 weeks ago

Bristol East


"I remember the time when you could rent a council house for a reasonable rent. How things have changed."

It's gone full circle.

Go back to the 1930s, and housing conditions in the rental sector were dire.

A massive expansion of public housing, built by councils, was part of the welfare state set out in the Beveridge Report.

For the next 30 years, both Conservative and Labour tried to outdo each other with their targets for council-house building.

Then along came Mrs T and decided this was all too socialist, and housing should be private hands.

Now, there are hardly any council houses left, and people have to rely on the private-sector.

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By *manMan
4 weeks ago

wiltshire


"AND, there's the main budget in March to come yet!

I wonder what granny harmer Starmer and Rachel theives is planning for that?"

Could be worse,Liz Truss could return... remember her the right wing Tory that did crash the economy?

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By (user no longer on site)
4 weeks ago

Population explosion especially in London...homeless growing...useless government.

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By *akedfun55Man
4 weeks ago

Redditch

Well said above

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By *laireKTV/TS
4 weeks ago

Manchester

Protect the sector from bad eggs on both sides.

Renters generally know if a landlord is profiteering.

On the other side, I know good small landlords who have been totally shafted by the costs in getting rid of a bad tenant.

We need to encourage good landlords and good tenants.

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By *ickeMan
4 weeks ago

watford

Couple next door to me rent

£1,600 a month she works to just pay rent . About £20.000 a year .

Been there 8 years was £800 when moved in .

All that money just thrown away .

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By *uy near ArundelMan
4 weeks ago

Nr Arundel


"Im a landlord, worked hard for years and invested in property rather than a pension, long days often 7 days a week to purchase properties

I have been told by other landlords / agencies, that i can easily increase my rent by £100 for a flat or £300 for a house, but i couldnt do that to my tenants

Each tenant has been with me for years, they look after the property so its less work for me. if i increased the rent i know it would make things very very hard for them, especially the ones with young families. I am happy with the income i get - they look after the property and stay long term - simple

must admit though, the way this government is going i am thinking of selling up maybe in the next 2 or 3 years. Any new landlord would hike up the rents im sure"

I'm guessing the hike is due to increased interest rates. These went up quite a lot last year so rents increased as mortgages increased. Of course now interest rates are down, landlords are reluctant to reduce rents. It's naughty but I think you're right to keep your existing good tenants if you can. Better for them, possibly better for you in the long run too.

The government hasn't helped at all with always wanting to increase taxes for landlords which inevitably puts rents up.

It's an increasingly difficult situation and a vicious circle.

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By *angtMan
4 weeks ago

Wednesfield /Wolverhampton

I’m lucky enough to have a council house. Very reasonable rent, all repairs & improvements pretty much free of charge.

I know I could have bought it, but I’d rather keep it in the social housing sector, although I’m sure the next tenant will probably buy it.

For every council property that was sold, they should have had to build a new one, but I believe councils were effectively banned from doing that, and hence we have today’s housing problems.

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By *airFetishMan
4 weeks ago

Maldon


"Where is all the faux outrage from our resident right-wingers?

They go very silent when the capitalists whack up their prices to protect their income.

But woe betide any worker who whacks up the price of their labour to protect their income.

"

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By *airFetishMan
4 weeks ago

Maldon


"Protect the sector from bad eggs on both sides.

Renters generally know if a landlord is profiteering.

On the other side, I know good small landlords who have been totally shafted by the costs in getting rid of a bad tenant.

We need to encourage good landlords and good tenants."

What’s needed is a fair legal framework. At the moment it’s all tilted towards landlords because they are rich enough to have property to rent and laws tend to favour the wealthy and of course Thatcher encouraged the selling of of all council houses.

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By *hroatLadWellsMan
4 weeks ago

camden


"I just read that private rents in Great Britain increased by an average of 9.1% in the year to Nov 24.

In London, they are up 11.6%.

Compared to 2023, on average, that’s an extra £110 per month in Great Britain and an extra £230 per month in London.

How do people cope with that? Few people get 9-12% pay rises these days.

I realise that mortgages can increase too, but they can also go down. Rents are never going down.

I imagine that a lot of private renters must be genuinely scared for their future.. Ok if your train driver"

Or a surgeon or a pilot too. People earn good money when they do jobs that protect peoples lives. Seems fair enough. As long as they pay tax of course.

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By *ookingFor...Man
4 weeks ago

West Sussex


"Where is all the faux outrage from our resident right-wingers?

They go very silent when the capitalists whack up their prices to protect their income.

But woe betide any worker who whacks up the price of their labour to protect their income.

"

Who are the resident right wingers and do you think anyone spends so long on here that they can respond to each and every forum subject?

I think rents have been ridiculous for years. Even back in the Labour years, they were getting increasingly silly.

Will Labour somehow reduce them?

I hope so.

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By *erso400Man
4 weeks ago

Stockport

The legacy of Thatcher and her lapdog, Major. Water Companies given away, British Rail 'subdsidies' stopped with no investment taking pver in its place, no help to the EC to stop illegal immigrants, Councils told to sell Council houses, but the money could not be used to build more, public money poured into the South East (Heathrow, Stanstead, London City, London Gateway, Thames port Cross Rail et al), it never ends. Gets worse. But as long as the poor struggle, a bottle of wine can still be bought in London for £13000, and Glyndebourne is commutable yearly. All is OK ? Reece Mogg accused Sunak of being a Socialist when he was spending OUR money which is something Starmer will never be accused of.

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By *ammy aka SammyTV/TS
4 weeks ago

Bedford

What you don't have you don't miss xxx

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By *wsubalanMan
4 weeks ago

warrington


"Where is all the faux outrage from our resident right-wingers?

They go very silent when the capitalists whack up their prices to protect their income.

But woe betide any worker who whacks up the price of their labour to protect their income.

Who are the resident right wingers and do you think anyone spends so long on here that they can respond to each and every forum subject?

I think rents have been ridiculous for years. Even back in the Labour years, they were getting increasingly silly.

Will Labour somehow reduce them?

I hope so. "

Impossible. How can they reduce rents

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By *inaCD66TV/TS
4 weeks ago

Wimbledon

[Removed by poster at 19/12/24 13:43:32]

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By *inaCD66TV/TS
4 weeks ago

Wimbledon


"Im a landlord, worked hard for years and invested in property rather than a pension, long days often 7 days a week to purchase properties

I have been told by other landlords / agencies, that i can easily increase my rent by £100 for a flat or £300 for a house, but i couldnt do that to my tenants

Each tenant has been with me for years, they look after the property so its less work for me. if i increased the rent i know it would make things very very hard for them, especially the ones with young families. I am happy with the income i get - they look after the property and stay long term - simple

must admit though, the way this government is going i am thinking of selling up maybe in the next 2 or 3 years. Any new landlord would hike up the rents im sure"

Good to hear your kind ways.

My cousins had a portfolio in london and abroad and kept rent at a very affordable level per family.

Now they are getting older they to have started to offset and sell. Sadly the people that buy dont give a shit about condition or high rents so its only going one way.. more people on The streets or shacking up in cramped crap places.

I will sell up in 2 years as this situation is not getting any better. 🙁

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By *vmarisaTV/TS
4 weeks ago

Motherwell


"I’m lucky enough to have a council house. Very reasonable rent, all repairs & improvements pretty much free of charge.

I know I could have bought it, but I’d rather keep it in the social housing sector, although I’m sure the next tenant will probably buy it.

For every council property that was sold, they should have had to build a new one, but I believe councils were effectively banned from doing that, and hence we have today’s housing problems."

Chickens from the Thatcher sell off very much coming home to roost, no affordable houses left and only one way to increase the volume of new ones. Poison chalice but at least Labour are willing to accept it and create the new affordable houses.

Mx

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By *inaCD66TV/TS
4 weeks ago

Wimbledon


"I’m lucky enough to have a council house. Very reasonable rent, all repairs & improvements pretty much free of charge.

I know I could have bought it, but I’d rather keep it in the social housing sector, although I’m sure the next tenant will probably buy it.

For every council property that was sold, they should have had to build a new one, but I believe councils were effectively banned from doing that, and hence we have today’s housing problems.

Chickens from the Thatcher sell off very much coming home to roost, no affordable houses left and only one way to increase the volume of new ones. Poison chalice but at least Labour are willing to accept it and create the new affordable houses.

Mx

"

Hahahahaha yeah right ..labour my ass . London 1 bed new build min price near tube 470k .. fuck labour.

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By *ausagesMan
4 weeks ago

carlisle

Personally I find it repugnant that ne human can profit from another human by being a greedy landlord

I’m talking of the landlords with a portfolio of half a dozen houses or more

Renters are getting a bad deal all around - yes some are slobs, some are decent human beings with aspirations of owning their own home / find it impossible to save as they’re being overcharged by greedy landlords

I’m lucky paid off my mortgage 8 years ago

Today - I couldn’t get a mortgage let alone pay it off- and would have no chance in paying a greedy landlord and in fact would resent having to do so just to enrich them,

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By *nake_PlisskenMan
4 weeks ago

Redhill


"I’m lucky enough to have a council house. Very reasonable rent, all repairs & improvements pretty much free of charge.

I know I could have bought it, but I’d rather keep it in the social housing sector, although I’m sure the next tenant will probably buy it.

For every council property that was sold, they should have had to build a new one, but I believe councils were effectively banned from doing that, and hence we have today’s housing problems.

Chickens from the Thatcher sell off very much coming home to roost, no affordable houses left and only one way to increase the volume of new ones. Poison chalice but at least Labour are willing to accept it and create the new affordable houses.

Mx

"

We'll see about Labour, let's hope so. But there are also circa 15 million more people here than back in the Thatcher days, on an island with limited land mass. Its a tough circle to square.

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By *manMan
4 weeks ago

wiltshire

It's complicated and to be fair no government since the 1970's have committed to building enough homes. Could it, increase number of houses available, so demand for houses falls, house prices fall. Simple economic theory.

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