When the council inspector first visited my tenanted property, they paid me the ultimate compliment. "You're just the sort of landlord we like," they told me. "This is the best property we have ever seen!" They even mentioned wanting to rent from me themselves.
This
didn't surprise me. I've always believed in providing high-quality homes for my
tenants. My rooms are so large that, by the council's own calculations, I could
have housed as many as eight people. But I resisted, knowing it would erode the
flat's condition, disturb my neighbours, and create an uncomfortable living
situation. My priority was for my tenants to have a great place to call home.
This
sometimes meant accepting a significant financial hit. When my previous tenants
left, my new tenant was a family. The change in tenancy meant a considerable
reduction in my potential income. My new tenant, a single mother, was
struggling to afford the growing London rents and was facing the prospect of
being banished from the city. I was happy to make it work. For me, providing a
secure, stable, and happy home took precedence over maximising profit.
This is
where the story takes a frustrating turn.
The
council’s visit was part of a new policy. My property, which the council had
made a House in Multiple Occupation (HMO) due to the three unrelated tenants,
was no longer. It now required a “selective license” because it was a home for
a single family. Despite having been inspected just eight months prior, the
council insisted on a new visit. They did not inform me about this and, unlike
me, they did not even remove their shoes in my tenant’s home. They checked all
the same things again, including the sizes of the rooms. Their official
findings? A fire blanket was too close to the hob, and a light bulb had a missing
keeper. They opened and closed the windows, and so on and so forth. Since that
day, I have heard not a sausage. “Oh, Miss Jones!” my tenant heard me say in
exasperation, only to have her respond with a knowing smile and say, “Mister
Rigsby – that’s the council for you!”
My
tenant, a lovely woman who had lived happily in a poorly maintained flat for 15
years with no inspections , felt invaded. She felt vulnerable and powerless.
The inspectors were polite and professional, but that didn't matter. Her sense
of privacy had been violated.
My
tenant's experience is a microcosm of a much larger problem. The bureaucracy
and regulation, particularly the new selective licensing schemes, are not just
targeting "rogue landlords." They are making life so difficult and
financially unviable for good landlords that many are now leaving the market.
"Hurrah!" says Generation Rent.
Advocacy
groups and even some of my friends argue that when a landlord sells a property,
it remains on the market. This is a "neat trick" of an argument, but
it is fundamentally incorrect. I have already sold my first property, and I
cannot wait to offload the rest. My former tenant recently bought the
two-bedroom flat. She now lives there with her boyfriend, with the second
bedroom sitting empty.
A rental
home is not just a house; it is a source of shelter for people who need it.
When good landlords sell up, those homes are removed from the rental stock
forever. My former flat no longer provides beds for two separate people; it now
provides a home for a single couple. This scenario will be replicated
throughout the country.
I believe
the government, by expanding the definition of HMOs and piling on more
bureaucracy, hopes landlords will be incentivised to cram more beds into their
properties to meet demand. But this is a strategy fraught with difficulties.
It's pushing out the very people—like me—who are willing to invest in
high-quality housing.
The
Labour government has been handed a poison chalice. The housing crisis is not
just about a lack of new homes. It’s also about the slow, deliberate erosion of
the private rented sector, driven by policies that punish responsible landlords
and fail to understand the real-world impact on tenants.
I am a
good landlord, and my tenants tell me this. Why do I believe them? Because they
are good tenants whom I like to think I am assisting through life, and so they
have no need to lie. But I am also a person who can no longer justify the
financial and personal cost of staying in a market that seems intent on forcing
people like me out, while painting me as some kind of Rachman. The price of
this will be paid by tenants, in the form of higher rents and fewer quality
homes. Section 21 framers, please note.
THE BIG RETORT
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