This is supposition, but I suspect that MPs were swayed by stories of constituents borrowing money at usurious rates in order to outbid other renters for rental properties. It’s pretty obvious that, … (View Post)

As a renter, would you pay a years rent to a landlord with absolutely no legally enforceable contract in place? You have the same problem the landlord does - you can’t realistically risk this much mo… (View Post)

Every clause is there for understandable reasons, but the net result is a system that’s even more rigid & makes it impossible for people who can’t prove their credit-worthiness through “normal” c… (View Post)

The problem with the “Laffer Curve” is that while it’s obviously true at the very low & very high end he has absolutely nothing helpful to say about the middle. Which can easily be complete chaos… (View Post)

The Renter’s Rights Bill bans taking large “deposits” like this. It’s not actually being enforced yet - IIRC the rules require the sign off of the relevant secretary of state before they are enforcea… (View Post)