Section 21 U-Turn - Are LANDLORDS Worried?

🏡 Section 21 U-Turn - Are LANDLORDS Worried? 🏠

Housing Secretary Michael Gove's unexpected announcement to outlaw Section 21 evictions in England has sent shockwaves through the property market. But what does this mean for landlords and tenants? Join us as we delve into the implications of this decision. (Description continued below links:)

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My name is William Gale, and I’m the founder and CEO of The British Home Group of Companies. Curious to learn more? Check them out above! I took the leap into entrepreneurship in 2012, quitting my job to start my first company and I haven’t looked back since. I hope you find my content valuable.

Description continued:

🔍 Discover why Section 21 evictions are controversial and why landlords are concerned about the proposed changes. We'll explore the potential impact on the rental market and whether tenants will benefit from this shift.

📊 Learn about the challenges landlords face with the current eviction process and why the government's U-turn raises questions about the effectiveness of alternative measures.

🔑 Uncover the real solution to the housing crisis and why building more homes is essential for addressing the root cause of rising rents and property prices.

🚫 Is buy-to-let dead? Find out why property investing remains lucrative despite the changing landscape of the rental market.

🎬 Subscribe for more insights into the latest developments in the UK housing market.

CHAPTERS:
00:00 Introduction
02:14 What is Section 21 & Why Does Everyone Hate It?
04:33 What Happens When Section 21 Is Abolished
06:02 So Why are the Government U-Turning now?
07:38 What is the real solution?
08:39 So is BUY-TO-LET DEAD?

[BritishHomeInvestors]

Thanks for watching! If you liked this video you'll like this one below!

[peterpage]

Great video thank you. What you say makes total sense!
It is a shame that the government continually interfere with what should be a process that works for everyone, and instead drive up prices and make landlords so unpopular. Let’s face it, the rental sector is very much needed.
I only have one rental which I maintain myself if I can, thus keep the letting price much lower than the market value. However with all the changes the government are making and taking into consideration the trouble I have had with tenants in the past, I am having to increase the rent, and when the tenants which I have at the moment leave, I will probably sell up.
It’s a shame as I wanted to buy a few more rentals, but I really don’t think it’s worth the worry and hassle of getting caught by a bad tenant which can end up costing me rather than giving a return on the investment.
As you say, it is the landlords that only own one or two rentals that are selling up, and given my time again I would probably have started a company and had more rentals, thus avoiding some taxes, then if you get one bad tenant it would be more of an averages game.
If only the government wouldn’t make these changes just to win votes, as it hits everyone in the end and often hits the ones they think they are helping the most.

[tayseer-xvxw]

thank you very much for the video nice information

[harryturnbull]

Why is no one addressing the simple question: section 21 is abolished and I need to sell. What happens?

[Robbie]

Oh please help my landlord died he had about 30 properties his family is selling some off, I’ve been issued a letter from a mortgage company? Saying we are after your property!! The court will be in touch 😮😢

[RockinJohnnyaitken]

Never trust a Tory, who needs landlords anyway, we need more council housing, when Maggie Matcher started selling council housing this is the result. I've been renting privately for 38 years and never found a decent landlord yet. Is it reasonable to want to move a family out who looks after the house, spent a lot of money improving the house, my family has yet she tried putting the rent up 100 per month that is horrific and now she says she wants her family in. That's not reasonable. Fair enough if a Tenant has been bad but a lot of landlords will take advantage for their own interests. Can someone tell me anything good about this government? I agree with building more homes that would help a great deal.

[cartofulfierbinte]

7:05 you landlords love talking about how you provide housing like you actually build the houses you let. When what happens is you compete with fist time buyers and out bid them. Last house I viewed I had 2 landlords come and see it and guess who got the house