Labour policies “extreme, unrealistic, damaging” – trade body

Labour policies “extreme, unrealistic, damaging” – trade body


Todays other news


Labour’s policies for the private rental sector are “too extreme … unrealistic and will be hugely damaging to housing supply in the UK.”

That’s the view of the National Landlords Association which has issued a sharp condemnation of the proposals, which include rent caps, annual rental property MOTs and fines of up to £100,000 for landlords who break the law.

The party also wants a national landlord register and the scrapping of Section 21 eviction policies.

The NLA statement says of Labour’s manifesto: “It begs so many questions: from rent-caps to open ended tenancies, how does Labour intend to make these policies work? How will Labour ensure landlords who are already compliant don’t take the full brunt of these changes? Will they give housing enforcement the priority and the resources it desperately needs? Does Labour intend to reform the courts so that if a landlord needs to end a tenancy, it can be done quickly and efficiently?

And it adds: “Currently, what Labour proposes will force landlords to be more selective about the tenants they take on and will drive many from the market altogether. We cannot stress enough that punishing law-abiding landlords who live and work in the private rental sector will be something the Labour party will come to regret.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The complexity of the private rental sector offers an opportunity...
The latest Resolution Foundation report says Local Housing Allowance must...
It's on Friday at noon and registration details are here......
The monthly and annual rates of rental growth are both...
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
Recommended for you
Latest Features
The complexity of the private rental sector offers an opportunity...
Viewings in November were 10% lower than the same month...
The news comes in the latest Propertymark monthly lettings snapshot...
Sponsored Content
Letting agencies face the dual challenge of keeping both landlords...
In an industry where compliance and client money handling are...
PropTech provider Reapit will announce the latest enhancement to its...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here