Letting to students

cremeegg

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How will the new legislation affect the situation where a landlord rents to students, who usually stay for the academic year only.
 
How will the new legislation affect the situation where a landlord rents to students, who usually stay for the academic year only.
I was just wondering the same. Students and workers coming over under short contracts for a couple of years, may be less likely to want indefinite tenancies. I’m sure they’ll be entitled to them. But odds are they’re not going to want to stay indefinitely. Think I may be choosing students / short term contact workers in the future. There’s no way I’d be able to offer indefinite tenancies.
 
You don't get that choice.
You don't get that choice.
I do if I chose not to rent out my house out at all.
But before that happens, I shall endeavour to be very careful about who I decide to rent to.
Students seem like the least likely to want a forever tenancy.
Or possibly contract workers coming into the country on limited contracts.
Other than those options, I will be choosing not to rent out my house at all.
It can just stand idle until my kids come of age to move into it.
Pity really, because there’s a few years before my kids come of age and the house could be providing housing to people in this housing crisis.
Unfortunately I am unable to offer indefinite tenancies.
 
I do if I chose not to rent out my house out at all.
But before that happens, I shall endeavour to be very careful about who I decide to rent to.
Students seem like the least likely to want a forever tenancy.
Or possibly contract workers coming into the country on limited contracts.
Other than those options, I will be choosing not to rent out my house at all.
It can just stand idle until my kids come of age to move into it.
Pity really, because there’s a few years before my kids come of age and the house could be providing housing to people in this housing crisis.
Unfortunately I am unable to offer indefinite tenancies.
Looks like the vacant property tax will need to be increased so;

 
Looks like the vacant property tax will need to be increased so;

Won’t be vacant if I decide to use my house at weekends or a few nights a week, just as I did for the 17 years I owned it before I ever rented it out.
Somehow I think the govt are going to find it hard to police the vacant property tax law.
What are they doing to do, hire armies of private investigators to sit outside people’s houses and count the amount of nights per week or month they are in residence?
I’ll look forward to it if they do.
I’ll even go outside and offer them a cup of tea. ;)
 
There is no legislative proposal to remove your right to terminate a tenancy to allow one your children to use the property.
Sorry? Once a tenancy of indefinite duration has been established, then you cannot sell the house with vacant possession and you cannot terminate the tenancy to let yourself or a family member live there. Isn't that correct?
 
Sorry? Once a tenancy of indefinite duration has been established, then you cannot sell the house with vacant possession and you cannot terminate the tenancy to let yourself or a family member live there. Isn't that correct?
No. Neither in existing or proposed legislation.
 
Sorry? Once a tenancy of indefinite duration has been established, then you cannot sell the house with vacant possession and you cannot terminate the tenancy to let yourself or a family member live there. Isn't that correct?
No. All the allowable reasons for terminating a part 4 tenancy remain. These include: requirement to use property for oneself or family member, substantial upgrade, sale of property. The ONLY difference is that the landlord may not terminate without cause at the end of a six year Part 4 term as is the case now.
In practice, that happens VERY rarely, so the reality is that the "indefinite" tenancy is a non-event. If one were of a cynical mindset, one might even think it was a ruse by the government to give the impression that they're doing something of substance. As governments wouldn't do that sort of thing, it must be a genuine effort to do their best, God love them.
 
Won’t be vacant if I decide to use my house at weekends or a few nights a week, just as I did for the 17 years I owned it before I ever rented it out.
Somehow I think the govt are going to find it hard to police the vacant property tax law.
No, it will be very easy. There has been some debate around including holiday homes, no firm proposals yet, but obvious things like a not allowing someone claim a property in close proximity to their PPR as a holiday home would be easy to implement.
 
I do if I chose not to rent out my house out at all.
That of course is your choice should your tenants decide to leave of their own volition. We're focused on the impacts of the legislation here, choosing not to let when you have that opportunity bring you out of the subject.
 
In your post at 08.07 this morning, didn't you say you could???
No. I left out the word "of". I will re-phrase a bit if there is ambiguity.

There is no legislative proposal to remove your existing right to terminate a tenancy on the grounds of allowing one of your children to use the property. Or indeed to carry out major renovations.
 
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so just to clarify. Even if in future years or whenever a tenancy meets the criteria to be deemed a "tenancy of indefinite duration", a landlord may still terminate the tenancy if he/she wants to sell, carry out major renovations or their children need to use the property? Is there no change so from the current situation apart from landlords currently being allowed to end a tenancy after 6 years for no given reason?????
 
Is there no change so from the current situation apart from landlords currently being allowed to end a tenancy after 6 years for no given reason?????
Pretty much. Not many landlords used this option to terminate tenancies anyway on a "no-grounds basis" after 6 years.

The proposal to cap rent increases to 2% is pretty important though.
 
Won’t be vacant if I decide to use my house at weekends or a few nights a week, just as I did for the 17 years I owned it before I ever rented it out.
Somehow I think the govt are going to find it hard to police the vacant property tax law.
What are they doing to do, hire armies of private investigators to sit outside people’s houses and count the amount of nights per week or month they are in residence?
I’ll look forward to it if they do.
I’ll even go outside and offer them a cup of tea. ;)
Revenue are pretty good at coming up with rules and regulations that stop people from playing silly games like this. It wouldn't be hard to deem any property outside of your PPR to be vacant if it is not let. Momentum seems to be growing on the vacant property tax.
 
To clarify the proposals around termination, the proposed 2021 act will modify Section 34 of the 2004 Act by:

Grounds for termination by landlord
10. Section 34 of the Principal Act is amended—
(a) by deleting paragraph (b), and​
(b) in the Table—​
(i) by deleting paragraph 3, and​
(ii) in paragraph 5, by substituting “, no reasonable measures can be taken to maintain the dwelling fit for human habitation during the refurbishment or renovation” for “in a way which requires the dwelling to be vacated for that purpose”.​
 
Simple way around this, rip out the central heating, makes the property uninhabitable.
Same way to avoid LPT.
 
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