• Home
  • About
  • Clinic
  • Training
  • Eco Landlords
  • Landlord Law

The Landlord Law Blog

From landlord and tenant lawyer Tessa Shepperson

  • Home
  • Posts
  • News & comment
  • Cases
  • Tenants
    • Penalties for breaching tenancy rules
    • 15 Places for tenant help
  • Clinic
  • Podcasts
    • Interview
    • Surgery
  • Series
    • Analysis
    • should law and justice be free
    • HMO Basics
    • Tenancy Agreements 33 days
    • Airbnb
    • Grounds for Eviction
    • The Deregulation Act Explained
    • Tips

Landlords on looking to the future in a new and dangerous world

August 4, 2020 by Tessa Shepperson

House with gardenThe world we are in today, stalked as we are by the coronavirus, is clearly a different place from that world we can all remember so clearly from just a few months ago.

It seems so close, so tantalisingly close, we should be able to just reach out our hands and touch it …

But as we are all learning, you can’t make something happen by wishing.

We are where we are and it looks like Coronavirus is here to stay. For the next year or so at least. And even if we get a vaccine which works, the boffins tell us that more viruses could be on their way …

So what do we need to survive in this new and dangerous world? How can we earn the cash to keep food on the table?

Social distancing and jobs

The truth is that most jobs that involve close contact with others are either dead in the water or will only survive if people are shrouded in PPE. For example nursing and other jobs in the National Health Service.

Services and jobs likely to survive:

  • Selling things online
  • Deliveries
  • Computer work
  • Work which can be done remotely from home

Services and jobs under threat:

  • Anything in hospitality which involves indoor events and services
  • (Sadly) the performance arts, particularly where the performance is indoors
  • Airlines and holidays abroad

If your work is in the second category – try to see if it can be converted into something in the first. If you can.

So how does this affect landlords?

This is the Landlord Law Blog where we look at how things affect private renting. So what sorts of properties are people going to want to live in? And what can good landlords do to help their tenants?

Remembering that helping tenants to survive in a post coronavirus world means making it more likely that they will pay their rent …

Here are some suggestions:

Good broadband is essential

It was clear even before the pandemic that people needed good broadband. Now it is an absolute necessity for many people – their jobs depend on it. So ensuring that your properties all have as good a broadband service as is possible will help them.

If broadband in your area is poor – agitate for it to be upgraded. Write to the utility companies, email your MP,  complain to Ofcom.

This then leads on to

Making provision for home offices

As many people will be working from home, they will need somewhere to work from.

Consider helping tenants to set up a room to use as an office, or if there is no room but the property has a garden – why not install an outside home office? This will cost but the cost can be recouped over a few years in higher rent.

Note by the way that we have a post here on the legalities of working from home in rented properties.

Properties with gardens and balconies

As we all know from the lockdown if you have a garden you have a better life. So rented houses with their own garden will be at a premium particularly with families.

If you are considering investing in more properties, then consider family homes with gardens, or at least a balcony.

Larger intergenerational homes

One of the big problems in lockdown is childcare. Particularly if your job involves leaving the home. However, if your parents or grandparents live in the same property – you have live-in childminders!

If periodic lockdowns continue then there may well be a trend towards larger family homes, or maybe homes with ‘granny annexes’ where families can share expenses and cover childcare needs by living together.

Smaller towns and villages

In the past, the highest rents tended to be in the large urban areas in particular London.

However with so many people working from home, there is less need to live in London or other big cities and many people will be looking to move to smaller towns, suburban and even rural areas for a better quality of life.

Electric vehicles

People are understandably nervous about travelling on traditional public transport. It looks as if the future of travel may move to electric vehicles, not just cars but e-bikes and scooters too.

This means that properties will need

  • Recharging points for electric cars (if there is on-site parking), and
  • Secure storage facilities for e-bikes and (if they become allowed) e-scooters. Otherwise, people will carry them indoors as they are expensive items.

Student accommodation

With the problems in overseas travel and in particular the difficult relations with China, there may well be a serious drop in overseas students. This could be exacerbated by a move by colleges and universities to online training.

Student landlords may find they need to convert houses back to family homes or maybe look to a different HMO market. Although according to this article traditional homes are likely to do better than purpose-built student accommodation.

Moving away from Airbnb type lets

It looks as if foreign travel is going to be severely restricted meaning that renting properties for short term holiday lets are going to become riskier.

Landlords of such properties may be better off converting them to family homes which will (so long as the families can afford the rent) ensure a more reliable income.

Or, if you own a property in a traditional holiday area, such as a seaside town, you may want to cater more for English family holidays. With the problems with foreign holidays, family holidays in England are likely to become more popular.

And finally

Landlords are lucky as their business is unlikely to be shredded by the coronavirus pandemic in the way that others have been. People will always need somewhere to live.

However, landlords looking to grow their portfolio and rental income should look to issues such as these to increase the value of their investments.

Print Friendly, PDF & Email

Filed Under: News and comment

Scroll down for the comments

Landlord Law for Landlords

Are you a landlord, unsure how to manage your properties in these uncertain times?  My Landlord Law service can help you in this crisis by providing online help and guidance and giving you one to one advice in the members' forum area.

>> Find out more about Landlord Law.


IMPORTANT: Please check the date of the post above - remember, if it is an old post, the law may have changed since it was written.

You should always get independent legal advice before taking any action.

Notes on comments:

For personal landlord and tenant related problems, please use our >> Blog Clinic.
Note that we do not publish all comments, please >> click here to read our terms of use and comments policy. Comments close after three months.

Keep up with the news on Landlord Law blog!

To get posts sent direct to your email in box click here

About Tessa Shepperson

Tessa is a specialist landlord & tenant solicitor and the creator of this site! She is a director of Landlord Law Services which now hosts Landlord Law and other services for landlords and property professionals.

« An interview with solicitor David Smith – Part 1
Tessa Shepperson Newsround #157 »

Comments

  1. John says

    August 9, 2020 at 11:43 AM

    Helping tenants to set up a room to use as an office would be a great help.

“Interesting posts on residential landlord & tenant law and practice - in England & Wales UK”

Subscribe to the Landlord Law Blog by email

Never miss another post!

Choose whether you want to get
>> daily updates or just the
>> weekly roundups

You will also get a FREE Ebook!

If you are new to the blog >> click here

Get Your Free Ebook:

Click to get your Free Ebook

>> Click Here for Your Free Copy

Featured Post

Coronavirus

Landlords and the Coronavirus Emergency – keeping records

Tessa’s Podcast

The Landlord and Lawyer Podcast

Worried about Insurance?

Landlord Law Insurance Mini-Course

Some of our Other Services:

Disclaimer

The purpose of this blog is to provide information, comment and discussion.

Although Tessa, or guest bloggers, may from time to time, give helpful comments to readers' questions, these can only be based on the information given by the reader in his or her comment, which may not contain all material facts.

Any comments or suggestions provided by Tessa or any guest bloggers should not, therefore be relied upon as a substitute for legal advice from a qualified lawyer regarding any actual legal issue or dispute.

Nothing on this website should be construed as legal advice or perceived as creating a lawyer-client relationship (apart from the Fast Track block clinic service - so far as the questioners only are concerned).

Please also note that any opinion expressed by a guest blogger is his or hers alone, and does not necessarily reflect the views of Tessa Shepperson, or the other writers on this blog.

Cookies

You can find out more about our use of 'cookies' on this website here.

Associated sites

Landlord Law Services
Tenant Law
Eco Landlords
Your Law Store

Legal

Landlord Law Blog is © 2006 – 2020 Tessa Shepperson.

Note that Tessa is an introducer for Alan Boswell Insurance Brokers and will get a commission from sales made via links on this website.

© 2006–2021 Tessa Shepperson | Rainmaker Platform | Contact Page | Log in

This website or its third-party tools use cookies which are necessary to its functioning and required to improve your experience. By clicking the consent button, you agree to allow the site to use, collect and/or store cookies.
I accept