Just wondered what you thought of this. I'm all in favour of filling empty homes that would otherwise lie empty. However, penalising people like myself that were sufficiently prudent to purchase the property that they live in, whilst retaining ownership of their original property ? I've never exploited a tenant financially or otherwise, and always respond immediately to any maintenance problems that should arise.
The more money that you take from a family, the less disposable income they have, which obviously has a negative impact upon their lives, especially if they have young children. I think my last tenant resided there for 12 years. The initial rent was way below the market value, and remained that way, although I must have increased the rent by 15% during that time. If I end up paying another £150 a month, I might as well sell the flat. It's more hassle than it's worth. I'm just wondering what the council achieves here ?
The more money that you take from a family, the less disposable income they have, which obviously has a negative impact upon their lives, especially if they have young children. I think my last tenant resided there for 12 years. The initial rent was way below the market value, and remained that way, although I must have increased the rent by 15% during that time. If I end up paying another £150 a month, I might as well sell the flat. It's more hassle than it's worth. I'm just wondering what the council achieves here ?
