YOU HAVE YOUR SAY
EVERY week Money Mail receives hundreds of your letters and emails about our stories. Here are some in response to our investigation into the red-hot renting market:
WHAT did the Government expect would happen after bringing in all of these new rules for landlords? We cannot sell our rentals quickly enough. No one in their right mind would go into buy-to-let now.
D. A., by email.
WE ARE dealing with an unsustainable state of affairs. When rent increases start to outstrip wages the model falls apart. Tenants will just end up living with their parents again.
F. W., London.
I AM a landlord and can only take a maximum deposit of five weeks’ rent. This is not enough, as tenants rarely pay the last month’s rent and assume you will take it out of the deposit.
R. D., by email.
LANDLORDS don’t create housing, they take it away from potential buyers. There is a general housing shortage, so quite a few would-be buyers are moving into temporary rentals.
M. D., York.
I HAVE some buy-to-let properties in the North-West and I haven’t found the new rules too tough. The value of my portfolio has risen by 14 pc in a year. It’s not for everyone but, if you do it properly, it’s still a good model.
N. O., Manchester.
WE ARE pensioners and have been renting the same apartment since 2017. Last week, the landlord told us he would be increasing our monthly rent from £700 to £1,000 — that’s a rise of nearly 43 pc.
M. D., by email.
HOMEOWNERSHIP in America has been falling quite rapidly over the past few years and rents are up, too. Large corporations are starting to buy up property to let out. I suspect that will happen here one day.
M. H., by email. ÷ WE LOVE hearing from our loyal readers, so ask that during this challenging time you write to us by email where possible, as we will not pick up letters sent to our postal address as regularly as usual. You can write to: asktony@dailymail. co.uk or, if you prefer, Ask Tony, Money Mail, Scottish Daily Mail, 20 Waterloo Street, Glasgow G2 6DB — please include your daytime phone number, postal address and a separate note addressed to the offending organisation giving them permission to talk to Tony Hazell. We regret we cannot reply to individual letters. Please do not send original documents as we cannot take responsibility for them. No legal responsibility can be accepted by the Daily Mail for answers given.
Now gazumping hits overheated rental market Money Mail, August 18