A new report from the Residential Landlord Association is suggesting that the IPPR Report on migrants coming from Romania and Bulgaria In their report, the Institute for Public Policy Research (IPPR) suggests there should be greater regulation of the private rental sector (really? 105 rules and regulations to let a property aren’t enough??). They want local authorities to be given extra powers to “control the numbers of short-term private-rented lets available in their areas”. So does this mean in London we ‘kick out’ all those high flyers who need to rent for three month periods at a time?
And rightly so, Alan Ward, RLA’s Chairman suggests ‘they are missing the point on regulation’ “the IPPR proposals for local authorities to limit the number of tenancies and size of the local private rented market in their area would overload councils. It will have a devastating effect on the market as the worst types of landlords will resort to renting without tenancy agreements which leaves tenants un-protected and at the mercy of criminals. Councils must use their wide, existing powers to uphold standards of public health and housing and not resort to income generation from licensing schemes which are proven to do nothing for tenants.”
Unfortunately far too many people, companies and organisations such as think tanks and economists are commentating and making recommendations on the property market without taking time to talk to proper property professionals who know and understand the national and local market.
For more about the report, visit IPPR For more about the benefits to landlords of joining a landlord association,
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