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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Sector Calls For New Housing Secretary To U-Turn On Anti-Landlord Policies

13th Sep 2022

An industry body formally congratulated the new Housing Secretary Simon Clarke but at the same time warned him about his party’s BTL landlord policies.

Image credit: Pexels

The chief executive says; “The new minister will need urgently to address the rental housing supply crisis. Damaging tax hikes and uncertainty over reforms to the private rented sector are leading many landlords to leave the market when demand for rented homes remains high. All this is doing is increasing rents, making it more difficult for those wanting to become homeowners.

“The government needs to look afresh at the rental reform White Paper to ensure the plans in it have the confidence of responsible landlords.  This needs to include action to tackle anti-social tenants, scrapping plans that would damage the student housing market, and reforming the courts to ensure legitimate possession cases are dealt with more swiftly.”

An agents’ body is also asking the new government to re-evaluate its policies affecting the sector and the rental housing supply crisis.

Its spokesperson comments: “Our latest market insight reports show for every rental property available there are an average of 11 applicants, while home buyers outnumber sellers by seven to one. This is creating affordability issues, particularly in the private rented sector.

“We believe that gap can be closed through measures that bring the many tens of thousands of long-term empty properties back and the introduction of focussed targets for new homes that are based on an identified need for each tenure across the country.”

Maryon Lloyd Malcolm of a London agency tells Simon Clarke that: “The introduction of EPC, EICR and new regulations affecting rental accommodation and landlords has been welcomed overall.  However, the latest proposals and plans for system, grading and regulation is too ‘one size fit all’ given the variety of housing stock our country has.

“London will definitely bear the force of this. Landlords are already finding it difficult to stay on top of the all new regulatory improvements. Tenants too, who make up 47.3 per cent of London households, are facing a serious lack of choice when it comes to renting and a circa 30 per cent mark-up in rental price.”

Meanwhile another agency spokesperson says: “The government needs to encourage landlords to return to the market in the short to medium term to help stabilise the market and limit the risk of homelessness. The current rate of price growth in the lettings market in London is the highest I have seen in the last decade and needs to be looked at by the incoming minister for housing [who] should make it easier and more cost effective to be a landlord over the next five years at least.
 
“This will also benefit tenants and normalise rental prices during a difficult time when it comes to household bills and the rate of inflation. They should consider reversing some of their policies such as reintroducing tax relief on their mortgages and reducing stamp duty on second homes.”

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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/