A report published today attempts to counter the ‘anti-landlord’ rhetoric that has gathered pace in the UK recently by revealing that the private rented sector supports some 390,000 jobs and makes a £45 billion contribution to its economy.
The Renters (Reform) Bill has been abandoned and must now go back to the drawing board after years of uncertainty and political wrangling.
Landlords are likely to be targeted heavily by political parties as new research shows most remain undecided following Rishi Sunak’s decision to go for a July 4th General Election.
As Peers prepare to debate the Government’s Renters (Reform) Bill today, the NRLA has warned that landlords exiting the sector are the ‘biggest threat’ to renters as supply narrows and rents continue to rise rapidly.
Landlords have been urged to ensure their tenants sign when receiving any important documents ahead of a key court ruling.
Less than half the fines levied against rogue landlords have been collected by local authorities, according to new figures.
The Government is looking at how to give landlords more tax breaks in order to reassure those who are looking nervously at the looming radical renting reforms for the sector, changes which are due to sweep in next year.
