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Re: Lettings question

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On 9 Jul 2026 at 07:36:41 BST, Roland Perry wrote:

> In message <112n14k$30fn$1@dont-email.me>, at 02:30:45 on Thu, 9 Jul
> 2026, RJH <patchmoney@gmx.com> remarked:
>>> Thanks guys for the confirmation which I didn't really want to hear.
>>> 
>>> The apartment had previously been used sequentially by each of three
>>> offspring after they left uni and before they sought their own places.
>>> So this was our first and now last experience of letting.  We'll sell it.
>>> 
>>> The potential risk of tenants giving 2 months notice at any time is too
>>> great a risk to take.  The agents charges to seek a new tenant, draw up
>>> whatever agreement is now needed, deposit scheme charge, inventory
>>> charge etc would cost 20% of the annual rental income if this happened
>>> only twice in a 12 month period.  And that's on top of the 10% monthly
>>> charge.
>> 
>> Capital appreciation doesn't figure in your investment decisions?
> 
> The sales market has been flat for several years.

True - in fact flats have lost a lot over the past 10 years - 25% in real
terms. Even houses have barely kept up. But /historically/ capital
appreciation has been a key variable informing residential investment. As the
OP demonstrates - otherwise the hassle and costs hardly make it worthwhile.

So there may be a few years of above inflation increases coming up.

> 
>>> Another home lost to someone who can't afford to buy.
>> 
>> No reason why a tenant wouldn't stay far longer if the rent was fair and the
>> property decent.
> 
> If someone is giving their 2months notice 'early' it's because their
> circumstances/plans have changed and wouldn't want to stay longer.

Agreed. But a decent property and landlord with a fair rent wouldn't do any
harm, and likely add to moving/change inertia in many cases.

-- 
Cheers, Rob
Sheffield, UK

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Thread

Lettings question Malcolm Loades <devnull@loades.net> - 2026-07-06 15:55 +0100
  Re: Lettings question Jon Ribbens <jon+usenet@unequivocal.eu> - 2026-07-06 16:05 +0000
  Re: Lettings question John <megane.06@gmail.com> - 2026-07-06 21:15 +0100
    Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-08 10:03 +0100
      Re: Lettings question Roger Hayter <roger@hayter.org> - 2026-07-08 09:22 +0000
        Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-08 10:40 +0100
          Re: Lettings question Roger Hayter <roger@hayter.org> - 2026-07-08 10:23 +0000
            Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-09 01:22 +0100
        Re: Lettings question JNugent <JNugent73@mail.com> - 2026-07-08 12:13 +0100
          Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-09 07:38 +0100
  Re: Lettings question Malcolm Loades <devnull@loades.net> - 2026-07-07 14:05 +0100
    Re: Lettings question Roger Hayter <roger@hayter.org> - 2026-07-08 15:05 +0000
    Re: Lettings question RJH <patchmoney@gmx.com> - 2026-07-09 02:30 +0000
      Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-09 07:36 +0100
        Re: Lettings question RJH <patchmoney@gmx.com> - 2026-07-09 07:54 +0000
          Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-09 09:26 +0100
          Re: Lettings question Malcolm Loades <devnull@loades.net> - 2026-07-09 11:52 +0100
            Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-09 14:37 +0100
              Re: Lettings question JNugent <JNugent73@mail.com> - 2026-07-09 15:28 +0100
                Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-10 07:38 +0100
                Re: Lettings question Malcolm Loades <devnull@loades.net> - 2026-07-10 13:22 +0100
                Re: Lettings question SH <i.love@spam.com> - 2026-07-11 10:08 +0100
              Re: Lettings question John <megane.06@gmail.com> - 2026-07-10 13:58 +0100
            Re: Lettings question Jon Ribbens <jon+usenet@unequivocal.eu> - 2026-07-09 13:52 +0000
        Re: Lettings question John <megane.06@gmail.com> - 2026-07-10 13:47 +0100
      Re: Lettings question Malcolm Loades <devnull@loades.net> - 2026-07-09 11:18 +0100
    Re: Lettings question John <megane.06@gmail.com> - 2026-07-10 13:42 +0100
      Re: Lettings question Roland Perry <roland@perry.uk> - 2026-07-10 18:18 +0100
      Re: Lettings question Malcolm Loades <devnull@loades.net> - 2026-07-10 14:06 +0100

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