My letting agent just sent me this...

[sheothebudworths]

...he called me earlier to tell me there was 'good news and bad news'.

The bad news is that my poor landlord has 'modern costs' to pay, so while he has been fucking ace and only charged me a pissy grand a month for ten years, while the house fell apart around us - what a star - they've served me with a S13 order and my rent is due to increase to £1350.
They have randomly decided that the (made up) 'market rent' is actually £1450 but they're giving me a discount. KIND.

Anyway, fuck that, this is the good news (they actually said 'there's good news and there's bad news', then told me this bit first, too ).



We were going to having a spring onion omelette and toast for dinner today but then I found out I'm 25 grand better off than I knew I was, so we had a takeaway and I'm tucking right into the wine bought cos it was on a 25% off offer.
Fucking diamonds <3

 

[Treacle Toes]

Fucking hell!

Where did they get those figures from?

 

[keithy]

'requested attachment can't be found'

GIVE US THE GOOD NEWZ

 

[sheothebudworths]

Fucking hell!

Where did they get those figures from?

Well it's what you could get, for a three bed in Brighton - ignoring the fact that I took the cheapest house in the whole city, which was advertised as accepting HB claimaints (although I'm not one now) and that it's NOT on the market and that there are much 'cheaper' ones close by (but not cheaper than I'm paying now, tbf) - and most of all, it's ignoring the fact that landlords are greedy, selfish bastards.

BUT - I am still £25,000 better off than I was earlier, tbf!

 

[Treacle Toes]

How do the amenities/spec, finish and upkeep of your home compare to a property being offered to rent at that price now?
Has the landlord been able to maintain the property to justify even fucking THINKING they can get away with this kind of increase in rent?

 

[scifisam]

"Saving over time." That's fucking hilarious. Like kicking someone twenty times and then saying "well, I could have kicked you 30 times so really it's a saving of ten kicks - you should be thanking me."

 

[8115]

Imagine the thought processes involved in deciding to spend half an hour today making that table.

 

[alan_]

the very fact he has started this conversation by supplying all this questionable random/irrelevant information and going round the houses regarding outcomes points to him knowing exactly that he (or his agents) are gonna shaft you . Even if you do agree a figure, a lot of trust is gone

 

[scifisam]

the very fact he has started this conversation by supplying all this questionable random/irrelevant information and going round the houses regarding outcomes points to him knowing exactly that he (or his agents) are gonna shaft you . Even if you do agree a figure, a lot of trust is gone

I don't think there's going to be any negotiation over what the rent is going to be.

 

[purenarcotic]

This is a spectacular show of having no shame whatsoever. What cunts.

 

[keybored]

You screwed that poor landlord over a treat, the least you could do is offer him £5k a month till you've paid him back his £25k.

 

[Dan U]

Someone needs to explain to that chump the difference between a cash saving and a hypothetical cost avoidance.

You could offer to do it for 200 quid, a saving on your usual rate of 250

 

[Treacle Toes]

Things I want to know...

How much have they saved by having you there long term by not having to regularly decorate, deep clean and change carpets etc, plus fees attached to letting agents and new or change of tenancy.

How does this property compare to others in the area charging that inflated rent?

Is rental income taxed? If so how much have they saved by not having a higher income to be taxed?

 

[farmerbarleymow]

Cunt. That's an appalling increase.

 

[farmerbarleymow]

Is rental income taxed? If so how much have they saved by not having a higher income to be taxed?

Yes. Check whether he should (and is) reporting his income to HMRC correctly.

 

[Poot]

It's the letting agent equivalent of pissing through your letter box and then knocking on your door and telling you to be grateful that they haven't shat in your window boxes.

I've been dealing with arseholes like this all day and it's made my heart sad that people like that exist. I'm sorry that you have had to deal with them. You must want to scrub with bleach.

 

[ricbake]

Why don't you and your Landlord agree to save a fortune between you by dumping the agent!

 

[sheothebudworths]

He muttered some stuff about LHA rates - and they did put it down when I argued that case (because they had advertised it as being open to HB claimaints - and tbf, not many do) - but look what's happened since 2011/12, even on his evidence.
LHA rates now for a three bed here are a touch under £998.
There's virtually no difference.
To be clear, my rent IS cheap though - and the 35% hike in that is not the issue - it's the greed.

 

[Treacle Toes]

and the 35% hike in that is not the issue - it's the greed.

Surely this is the same thing?

 

[Supine]

I'd say it's worth negotiating. Say you understand the need for an increase but 10% for the year seems like a decent income increase for them and affordable to you. Smile and keep calm.

 

[Magnus McGinty]

The national average salary is (or was) 25k per annum which is £1674 after tax (according to an online tax calculator).
So Joe Average will be left with just over £200 pcm for bills, food for the family and anything else they might want; with the landlord trousering the rest.
The cunt wants stringing up.

 

[Supine]

The national average salary is (or was) 25k per annum which is £1674 after tax (according to an online tax calculator).
So Joe Average will be left with just over £200 for bills, food for the family and anything else they might want; with the landlord trousering the rest.
The cunt wants stringing up.

I bet the average salary for someone the OP'S age, living in the same area, is considerably higher though. Gotta be careful with stats.

 

[Treacle Toes]

I bet the average salary for someone the OP'S age, living in the same area, is considerably higher though. Gotta be careful with stats.

National averages usually show a better spread of wealth though.

 

[mauvais]

The national average salary is (or was) 25k per annum which is £1674 after tax (according to an online tax calculator).
So Joe Average will be left with just over £200 pcm for bills, food for the family and anything else they might want; with the landlord trousering the rest.
The cunt wants stringing up.

That is, I think, the median. If you take away the top ~10% of earners then you can expect the remaining median to roughly half. Dangerous stats to base anything off.

If you really want a miserable time, you should also imagine yourself a BTLer and find out what your monthly mortgage costs - if any - would be.

 

[keybored]

I bet the average salary for someone the OP'S age, living in the same area, is considerably higher though. Gotta be careful with stats.

I'd bet the average salary of people who rent their homes is lower, compared to the overall average.

 

[Magnus McGinty]

I bet the average salary for someone the OP'S age, living in the same area, is considerably higher though. Gotta be careful with stats.

Well let’s discuss below average. I don’t believe minimum wage is higher in Brighton. Of course there’s things like housing benefit etc but why should the public purse be milked by ‘the markets’ and those benefitting from that? It’s pure avarice.

 

[Magnus McGinty]

That is, I think, the median. If you take away the top ~10% of earners then you can expect the remaining median to roughly half. Dangerous stats to base anything off.

If you really want a miserable time, you should also imagine yourself a BTLer and find out what your monthly mortgage costs - if any - would be.

Fucking hell, my point still stands that 1.5k pcm is a huge percentage of most wages - for something you don’t even get to own.

 

[cybershot]

...he called me earlier to tell me there was 'good news and bad news'.

The bad news is that my poor landlord has 'modern costs' to pay, so while he has been fucking ace and only charged me a pissy grand a month for ten years, while the house fell apart around us - what a star - they've served me with a S13 order and my rent is due to increase to £1350.
They have randomly decided that the (made up) 'market rent' is actually £1450 but they're giving me a discount. KIND.

Anyway, fuck that, this is the good news (they actually said 'there's good news and there's bad news', then told me this bit first, too ).

View attachment 131078

We were going to having a spring onion omelette and toast for dinner today but then I found out I'm 25 grand better off than I knew I was, so we had a takeaway and I'm tucking right into the wine bought cos it was on a 25% off offer.
Fucking diamonds <3

Clearly you need to nominate them for this: Just Landlords' Landlord Hero Competition 2018 - Just Landlords News

 

[Magnus McGinty]

It’s £18,000 per annum coming out of someone’s net income, for a flat!

 

[Spymaster]

It’s £18,000 per annum coming out of someone’s net income, for a flat!

Taken alone that the figure is neither here nor there without taking into account the type of property and the income of the tenant. Plenty of people pay far more than that.

The agent/landlords in the OP sound like right cunts though.