2019 will prove a decisive year for the direction of the private rented sector. The government has increased the costs to let for both landlords and agents and increased the number of hoops they have to jump through to let legally. On top of this, they have increased the chance and the level of fines with Local Authorities able to charge up to £30,000 for serious breaches. And, although the government may be 'patting itself on the back' for reducing the percentage of households in the PRS versus home ownership, the loss of homes to rent is likely to be one of the main causes of any increases in homelessness and evictions, especially as our population is still rising. This continued 'attack' on those operating in the Private Rented Sector is set to continue.
