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Additionally, as the price of houses in London increases, Landlords are much more likely to end / refuse to renew tenancies. Maybe they want to sell, and maybe
by shubb 11y ago
Additionally, as the price of houses in London increases, Landlords are much more likely to end / refuse to renew tenancies.
Maybe they want to sell, and maybe they want to renovate first. Maybe they want to bank the gain in price, or convert a house they own 50% of into two houses they own 25% of.
Either way, a lot of my friends who rent in London have been politely evicted every year or two for the past few years. Once evicted, they usually find they can no longer afford rent in that area and need to move.
Getting your kid into a good school is difficult and based on where you live here, so moving is going to compromise your childs schooling unless it is planned in advance. Ideally, parents don't want to have to move at short notice every few years.