Landlords Alliance Election Manifesto
Recent years have seen a sustained attack on private landlords by the Government and other groups. The relationship between landlords and tenants has also been painted as adversarial by organisations which purport to represent tenants, but who in fact work against their interests.
The post Landlords Alliance Election Manifesto appeared first on Property118.
View Full Article: Landlords Alliance Election Manifesto
Is “Co-Living” the new rental trend?
The Private Rented Sector is one of the fast-growing markets in housing, and now accounts for over 4.5 million households in the UK, an increase of 63% (1.6 million) from 2007. In times of rising house prices and a new generation who prefer a more flexible approach to living
The post Is “Co-Living” the new rental trend? appeared first on Property118.
View Full Article: Is “Co-Living” the new rental trend?
Hounslow Council relaunch additional licensing consultation
Hounslow Council has relaunched an additional licensing consultation, after the RLA and Safe Agent threatened to launch a judicial review over the original ‘flawed’ consultation. In September, Hounslow Council u-turned on plans to introduce an additional licensing scheme in the borough, after pressure from the RLA and SafeAgent. The RLA threatened the Council with a […]
The post Hounslow Council relaunch additional licensing consultation appeared first on RLA Campaigns and News Centre.
View Full Article: Hounslow Council relaunch additional licensing consultation
RLA welcome government crackdown on criminal landlords
New funding announced by the Government to tackle criminal landlords is welcome, but is nowhere near enough says the country’s leading landlords’ organisation.
Ministers have announced that local authorities will be able to access almost £4 million in new funding
The post RLA welcome government crackdown on criminal landlords appeared first on Property118.
View Full Article: RLA welcome government crackdown on criminal landlords
Landlords under pressure with ever increasing regulations
Landlord Laws:
Tne number of
regulations affecting private buy-to-let landlords has increased by
32 per cent since 2010, that’s according to new research by the
Residential Landlords Association (RLA)
The RLA has identified 156 different regulations, statutory instruments and Acts of Parliament affecting landlords, a figure that’s grown from 118 since the Conservative-led coalition government came to power.
In other words, it’s becoming a legal minefield for anyone operating in the private rented sector (PRS), and its resulting in one-third of landlords with just one buy-to-let property considering selling up. On the other hand bigger landlords are looking to buy more.
The tax hit introduced by George Osborne on buy-to-let is taking its toll on both new purchases and existing owners. The stamp duty premium on second homes has dramatically increased the cost of buying an investment property and changes to mortgage interest relief mean higher costs for existing landlords.
All this taken into account it’s the bigger more professional landlord, often investing though a limited company, that’s winning out – the sweeping tax reforms and ever increasing regulations for buy-to-let landlords, and the Government’s aim of limiting small-scale amateur landlords, appears to be winning out.
Recent surveys
reveal that around 40 per cent of landlords who own two or more
properties intend to buy at least one more in the coming year.
In the meantime the
trade association for mortgage lenders is urging the government to
put a halt to further intervention in the buy-to-let market amid all
the evidence of the negative effect of regulatory and tax changes on
the industry, reducing supply and putting up market rents.
A recent report from
the Intermediary Lenders Association (ImLa) is warning that the
private rental sector is still absorbing the adverse effects of the
changes already made, and it predicts more change would force more
landlords out of the sector, reducing tenant choice and raising rent
costs.
The RLA says that
the increase in legislation is not leading to any improvement in
enforcement action against criminal landlords. Many councils
throughout Britain are failing to properly use the powers they
already have.
Previous research by the RLA found that in 2017/18, two thirds of councils had not commenced any prosecutions against private landlords. In the same year, 89 per cent of councils told the RLA they had not used new powers to issues Civil Penalties of up to £30,000 against private landlords for a range of offences. Over half, 53 per cent, did not have a policy in place to properly use the power.
Against this rising
tide of regulation and poor levels of enforcement by local councils,
the RLA is calling on all political parties in the election to commit
to improving enforcement of the powers already available rather than
introduce new legislation which councils will be unable to use to
root out the crooks.
In its manifesto for
the General Election the RLA proposes scrapping licensing schemes
which serve only to penalise good landlords whilst enabling the
criminals to operate under the radar. Instead, councils should use
the wide range of data already available to them, including council
tax, benefits, tenancy deposit and electoral roll information to
identify landlords. This needs to be backed up by central government
providing a multi-year funding settlement to properly resource
enforcement.
David Smith, Policy
Director for the Residential Landlords Association:
“Removing
criminal landlords from the sector will only be achieved if councils
have the resources and the will to properly use the wide range of
powers they already have. Piling more regulations onto the sector
which will continue not to be properly enforced is meaningless and
serves only to put off good landlords from providing the homes to
rent we need.
“It is time for
smarter enforcement, not more regulation.”
· The RLA’s research on the volume of legislation affecting the private landlords can be accessed here
· The RLA’s report, The Postcode Lottery of Local Authority Enforcement in the PRS, can be accessed here
· The RLA’s manifesto for the General Election is available here
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Landlords under pressure with ever increasing regulations | LandlordZONE.
View Full Article: Landlords under pressure with ever increasing regulations
Repossession and delaying tactics?
Hi all, I am in need of some advice please. I had a repossession hearing under section 8 non payment of rent. The tenant showed up and claimed disrepair. The judge wasn’t happy and had a go at them, but said he had to give them 14 days to file a defence and adjourned till 16th Dec.
The post Repossession and delaying tactics? appeared first on Property118.
View Full Article: Repossession and delaying tactics?
Categories
- Landlords (19)
- Real Estate (9)
- Renewables & Green Issues (1)
- Rental Property Investment (1)
- Tenants (21)
- Uncategorized (11,739)
Archives
- October 2024 (12)
- September 2024 (69)
- August 2024 (55)
- July 2024 (64)
- June 2024 (54)
- May 2024 (73)
- April 2024 (59)
- March 2024 (49)
- February 2024 (57)
- January 2024 (58)
- December 2023 (56)
- November 2023 (59)
- October 2023 (67)
- September 2023 (136)
- August 2023 (131)
- July 2023 (129)
- June 2023 (128)
- May 2023 (140)
- April 2023 (121)
- March 2023 (168)
- February 2023 (155)
- January 2023 (152)
- December 2022 (136)
- November 2022 (158)
- October 2022 (146)
- September 2022 (148)
- August 2022 (169)
- July 2022 (124)
- June 2022 (124)
- May 2022 (130)
- April 2022 (116)
- March 2022 (155)
- February 2022 (124)
- January 2022 (120)
- December 2021 (117)
- November 2021 (139)
- October 2021 (130)
- September 2021 (138)
- August 2021 (110)
- July 2021 (110)
- June 2021 (60)
- May 2021 (127)
- April 2021 (122)
- March 2021 (156)
- February 2021 (154)
- January 2021 (133)
- December 2020 (126)
- November 2020 (159)
- October 2020 (169)
- September 2020 (181)
- August 2020 (147)
- July 2020 (172)
- June 2020 (158)
- May 2020 (177)
- April 2020 (188)
- March 2020 (234)
- February 2020 (212)
- January 2020 (164)
- December 2019 (107)
- November 2019 (131)
- October 2019 (145)
- September 2019 (123)
- August 2019 (112)
- July 2019 (93)
- June 2019 (82)
- May 2019 (94)
- April 2019 (88)
- March 2019 (78)
- February 2019 (77)
- January 2019 (71)
- December 2018 (37)
- November 2018 (85)
- October 2018 (108)
- September 2018 (110)
- August 2018 (135)
- July 2018 (140)
- June 2018 (118)
- May 2018 (113)
- April 2018 (64)
- March 2018 (96)
- February 2018 (82)
- January 2018 (92)
- December 2017 (62)
- November 2017 (100)
- October 2017 (105)
- September 2017 (97)
- August 2017 (101)
- July 2017 (104)
- June 2017 (155)
- May 2017 (135)
- April 2017 (113)
- March 2017 (138)
- February 2017 (150)
- January 2017 (127)
- December 2016 (90)
- November 2016 (135)
- October 2016 (149)
- September 2016 (135)
- August 2016 (48)
- July 2016 (52)
- June 2016 (54)
- May 2016 (52)
- April 2016 (24)
- October 2014 (8)
- April 2012 (2)
- December 2011 (2)
- November 2011 (10)
- October 2011 (9)
- September 2011 (9)
- August 2011 (3)
Calendar
Recent Posts
- Defending Landlords from Unfair HMRC Attacks
- The exodus of landlords: How bad does it have to get?
- Renters’ Reform Coalition demands compensation for ‘no-fault’ evictions
- Rescue your Investment and move on: We’ll sell your properties in under 28 Days
- Landlords and second homeowners rush to sell – Zoopla