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Landlords call on leadership candidates to back 5-point plan

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As Jeremy Hunt and Boris Johnson battle it out for the roles of conservative leader, and prime minister, landlords are calling on the candidates to listen to the private rented sector.

The Residential Landlords Association (RLA) has written to both candidates, warning that policies, such as removing section 21 no-fault evictions, will be damaging to tenants by reducing the supply of homes to rent.

David Smith, policy director at the RLA said: “The new conservative prime minister needs to reconsider the approach to the private rented sector. Otherwise the situation for tenants will just get worse as they face less choice and higher rents because of a growing shortage of properties.”

 

The RLA has proposed a five-point plan, including a review of taxation that would bring a boost to the sector.

“We need a raft of changes that will encourage more investment in high standard homes rather than efforts to scapegoat landlords for failures by successive governments to build enough homes,” Mr Smith added.

The call comes after recent government figures revealed that 10% of landlords plan to reduce the number of properties they rent out and 5% of landlords intend to leave the sector altogether.

The RLA’s own research suggests that 46% of landlords may sell, following measures including the 3% stamp duty levy on the purchase of second homes to rent.

The five-point plan includes a new system for repossessing homes, which would protect tenants from unfair evictions while reassuring landlords that they can regain their properties, with good reason. The RLA also wants a dedicated court to settle housing disputes.

The plan calls for more resources for councils to tackle rogue landlords alongside a commitment to preventing rent controls, which it believes will dry up the supply of homes to rent.

Red more about this story on the Property Wire website.

Neil Jennings

Neil background is in marketing and business development and has over 20 years experience in the field. He runs Asset Grove and is involved in the marketing strategy for most of our campaigns.

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