Generation Rent Finally Provide Some Useful Info

Nationwide are only protecting their 'assets' by reviewing markets and the safety of their money.
Its been well know for a long time that a waitrose presents raises house prices in the area, as wealthy like to shop there, and once is there is a new one, it opens up a new area to move too, thus demand and price increases.
They have just put one in one of my rental towns, so i'm hoping for further house price increase to improve the asset base reduce LTV and make mortgages easier and cheaper.
It also means increased rents and better tenants....not much to dislike as a landlord really. Although the Waitrose 'factor' isn't a singular, the town has just had a new bigger station and been electrified for faster and more regular trains into Birmingham, this will encourage commuters and again create demand, so Waitrose have probably also built on this too......that's why London has always prospered over the rest of the UK, it receives the biggest infrastructure spend over anywhere.....share that out, and other cities will improve and prosper and we'll have a more balanced economy throughout the uk.

"Renters shouldn’t face a forced move just because their neighbourhood is becoming more fashionable." That is the only statement I agree with.
Most of the landlords I come across would never evict a good tenant to get a higher rent. End of tenancies are expensive for landlords as well as tenants. Preparing the property, marketing and a void period is most probably going to more than gobble up the increased rental income from the new tenant, at least for the first year.

Generation Rent and other tenant organisations conveniently forget one fact about section 21; section 21 is mostly used even where there are grounds because it is much easier to get an eviction than with section 8. I have seen it used even in cases of many months rent arrears, serious property damage and/or other serious violations of the agreement.

This is not what section 21 is supposed to be for, but with courts overloaded with work, and judges tending to be biased more in favour of tenants (because if the landlord wins, another household becomes homeless), most landlords simply use section 21.

I have never evicted a tenant, and like most landlords, would only do it as an absolute resort.

If Generation Rent want to get rid of section 21, or at least increase the time limit before it can be used, they need to campaign to make it much easier for good landlords to get rid of rogue tenants.

Section 33, the Scottish equivalent of section 21, is soon be withdrawn, meaning grounds will be the only means of evicting under new tenancies. This is will bring the Scottish housing market back to 1970s, when rental property was harder to find, with the added whammy of 2010s property prices. This will not work out in tenants' favours.