Jul
30

JRF spin on eviction data is disgraceful

Author admin    Category Uncategorized     Tags

I read the RLA’s response to the JRF report on evictions and went on to read the full JRF report.

Given it is built on interviews with 145 tenants who were Shelter clients it was never going to be unbiased was it?

This is just one example of the spin in the report:

Reasons reported by tenants for tenancies ending:-

  • Wanted to move 78%
  • Asked to leave by landlord/agent 8%
  • Accommodation tied to job and job ended 2%
  • Mutual agreement 8%
  • The tenancy was for a fixed period 6%
  • Rent increases by the landlord 2%

This suggests that just under a quarter of moves from private rented properties in England were forced in some way – not simply because the tenant wanted to move.

So, the statistics show that only 8% of the tenants were asked to leave by their landlord, but JRF manages to turn this into ‘just under a quarter of moves from privately rented accommodation were “forced” in some way.’ The intimation is, of course, that the landlord ‘forced’ the tenant out without using a S21 or S8.

How can these organisations (Joseph Rowntree Foundation, Shelter) hope to maintain credibility when they spin better than Alastair Cambell did?

When will someone have the courage and confidence to interview tenants AND landlords, to produce a balanced, unbiased, and ultimately far more helpful report?

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Jul
30

AIRBNB Management Company Reviews

Author admin    Category Uncategorized     Tags

AIRBNB Management seems to be a big growth sector, particularly in London, Birmingham, Edinburgh and other big cities. I haven’t been able to find a National operator yet but I suspect it is only a matter of time before we see them launching.

I have looked into this in some detail and many of the London operators appear to have excellent Trust Pilot ratings, so I am keen to engage a discussion about this on Property118 with my fellow members.

There are a number of issues such as whether letting with AIRBNB breaches mortgage, insurance and lease conditions but I am particularly interested to hear from landlords who have used these agencies.

Have AIRBNB Management Companies been able to give you a higher net return than would would have received by letting your property(ies) on a traditional AST?

What has been your experience of treatment of the property and also the bookings process, cleaning and key management?

Why did you decide to switch to this business model? Was it because furnished holiday lets are treated differently for tax, was it the lure of higher net rental yields or was it something else?

I look forward to reading your replies.

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