Honourable and personal residential letting experts

9Feb

Extending the eviction ban, yes or no?

Maxine Lester Blog - Extend the eviction notice, yes or no_

Another request to extend the eviction ban has been suggested by Manchester mayor Andy Burham. His concern has come from the fact that in Manchester they are assisting more than 5,000 people with housing and are worried that once the evictions start up again on January 11th after being closed due to the COVID pandemic, they are going to be in a worse position.

In my opinion extending the ban will solve nothing.

People are in difficult situations now and will not be helped by ‘kicking the can down the road’ and extending the situation any longer. Strangely enough, nobody is talking about the people who are behind with their mortgage payments and what is going to happen to home repossessions. But that is another story.. Forgive me for saying this, but any sharp shock to a system causes unintended consequences. Just look at how the stamp duty holiday has skewed the market. Let’s be honest this is a fabulous sound bite and certainly a true ‘one for the man‘. The pandemic has changed many things and also our thoughts about what is ‘normal’.

Undoubtedly, for the Private Rental Sector market, there are many tenants who are suffering financial issues at this difficult time, however, all we have seen at Maxine Lester is humanity and compassion from a great many of the landlords we work with. On the other side we have seen equal understanding from the tenants we work with and the motivation to pay the rent is absolutely there and any guidance or suggestions we have made have been gratefully received.

The situation is definitely a tough one, but we are all working together to sort it out and hoping to come out of the other end in one piece. The media’s obsession for bad stories / clickbait certainly makes it sound like everything is doom and gloom, but ‘good news stories’ do not sell as well.

One element that would definitely help is for the PRS to have a stronger balanced voice. As independent letting agents, being up against the likes of Shelter (government funded) and generation rent, the bad side of the argument is always going to be the loudest voice.

Landlords are often portrayed as the bad guys and tenants as the oppressed. Until we balance the argument we are never going to sort out the issue. Unless there is more social housing made available (which is very unlikely to happen) there will be a need for the provision of rental homes for people.

At the moment it is estimated that 20% of homes are in the PRS. A majority of landlords have 1 or 2 properties that they run as a business, but with a great deal of humanity.  Let’s not forget if they don’t receive their rental income from their tenant/s, in many cases they will have their mortgage providers knocking on their door pretty quickly! If that happens, then the tenant could also end up losing their home, so it’s a lose/lose situation.

So please let’s stop the negative rhetoric and unbalanced arguments and understand that landlords and tenants rely on each other.

Meet Maxine Lester

Maxine is the founder of Maxine Lester Lettings & Property Management, which she opened over 15 years ago and runs with her husband Matthew.

Maxine says she is “working in partnership with landlords who are looking to achieve the best results from their residential portfolio. We do this by treating your property as if it were our own and using our legal expertise to guide you through the minefield that is landlord and tenant law.”

Maxine’s agency has won numerous industry awards, the team are qualified Propertymark members and she is seen daily in Clubhouse, in the UK Property News room 9-10am.

Contact Maxine here.