This week the Green Party backed a plan to see end of private letting. A motion passed at its party conference at the weekend called for the party "to seek the effective abolition of private landlordism," according to the BBC.
Whilst this is laughable, many landlords aren't seeing the joke, because the Green Party, despite not being in power, have changed and influenced landlord policies before.
The positioning has been enough to trigger another mass sell-off, with more landlords than in previous weeks approaching portfolio exit companies to sell. Why?
In 2022 to 2024, The Green Party triggered an emergency rent cap and eviction moratorium in Scotland. This went on to become what we now see as long-term rent controls. Then there was Brighton & Hove’s citywide Article 4 restrictions on HMOs. During 2011 to 2015 the council’s local Green-led administration introduced “additional licensing” for smaller HMOs and began rolling out Article 4 directions so that converting family homes into HMOs required planning consent. These measures tightened controls and conditions on many local landlords. The council later adopted tougher spacing and concentration rules for HMOs and updated licensing and management standards. These changes continue to affect landlords today and purchasers of HMO properties.
In London, sustained Green pressure for renter protections and enforcement helped push the issue up City Hall’s agenda, with the Mayor considering rent-control powers and renters’ support infrastructure.
It’s so easy to disregard when the Green Party makes noise over landlords, but history tells us this isn’t something we should take lightly, and clearly landlords are noticing.
Shirley, a landlord who contacted us at Landlord Sales Agency, said she had to get out because her landlord portfolio era was “over,” echoing the sentiments of an increasing number of landlords who are flooding to us to sell off and get out.
In a year where picking the right company or agent to sell your properties is crucial, we do more than just sell fast, we sell for the highest prices, encouraging a bidding war between our private database of over 30,000 buyers.
What’s more, we’re tenant eviction specialists. Where possible, we sell to new landlords who don’t mind taking tenants on, but if that isn’t possible our eviction-sale process has a 100% success rate.
So if like the influx of landlords this week, you want to get out for the highest possible price before the market drops or the climate gets harder and harder to make profits, now is the time to act.
Simply get in touch via the form below, and we’ll help with the rest.
It’s time to get ahead of the curve. You’ve got nothing to lose, and everything to gain.
Tags:
Comments