A rent freeze and eviction ban is coming - are you prepared?

[Mark Rocks]

How will rent freezes and eviction bans affect property investors?

It’s official, the scary headlines are true… Scotland will be introducing a rent freeze and eviction ban in response to the cost-of-living crisis. 

But how will this affect property investors, and will the rest of the UK follow suit? 

Tune in to find out what’s happening and what it means for you: https://propertyhub.net/podcast/scotland-rent-freeze-eviction-ban/

[Mary Morgan]

thanks Rob & Rob very useful insight. I am preparing for the looming spectre of rent freeze & eviction bans by squeezing up rents annually. I used to not to bother and just rely on tenancy changeovers to up the rent to the market rate;  but not any more. 

[Guest]

I think you now have to raise rents annually so they don't get left behind in the event that governments either freeze rents or cap the annual rise. 

[CH_]

I don't like to raise rents at all providing tenants are looking after the place and paying rent on time, I dont agree with it unless my costs rise. A freeze and eviction ban however changes that slightly and I might re-consider for any under-priced properties.

I'm also considering rent guarantee insurance for some properties. Ended up stuck with a tenant not paying a penny in rent throughout COVID, fully taking advantage of the situation, people being people there will be ones who decide to take full advantage and see it as free accommodation for the duration of the ban.

Unbelievable that landlords and rent are being targeted and literally not a single other sector despite many profiteering and taking full advantage! Easy pickings I guess. The eviction ban in particular is completely inappropriate. 

[serto]

I am preparing for the looming spectre of rent freeze & eviction bans by squeezing up rents annually.

netflix mod apk

I used to not to bother and just rely on tenancy changeovers to up the rent to the market rate;  but not any more.

[Guest]

7 hours ago, CH_ said:

I don't like to raise rents at all providing tenants are looking after the place and paying rent on time, I dont agree with it unless my costs rise. A freeze and eviction ban however changes that slightly and I might re-consider for any under-priced properties.

I'm also considering rent guarantee insurance for some properties. Ended up stuck with a tenant not paying a penny in rent throughout COVID, fully taking advantage of the situation, people being people there will be ones who decide to take full advantage and see it as free accommodation for the duration of the ban.

Unbelievable that landlords and rent are being targeted and literally not a single other sector despite many profiteering and taking full advantage! Easy pickings I guess. The eviction ban in particular is completely inappropriate. 

We've taken it out on all our properties. £250 each is worth it if you even need to claim one months missed rent.