Ex Minister and now Manchester Mayor, Andy Burnham, is to address the Residential Landlords Association’s (RLA) “Future Renting North” conference in Manchester on the 24th of April at the Concorde Conference Centre, The Runway Visitor Park, Sunbank Lane, Altrincham, WA15 8XQ.
Mr Burnham, who in his mayoral manifesto vowed to tackle the housing crisis in the region, has spoken of his plans to create a “Good Landlord Scheme” to ‘better regulate private rented sector landlords’.
As headline speaker at the event Mr Burnham will lead a programme featuring a range of expert speakers addressing issues pertaining to housing and renting, including the Housing and Planning Act, Minimum Energy Efficiency Standards, welfare reform and landlords’ tax.
- Are you ready to operate successfully in the private rental market of the future?
- What can you, as a landlord expect to see change in the coming years?
- And how do you prepare for it?
These are some of the questions the RLA’s Future Renting North conference expects to answer during the day. Attendees will be treated to a full programme covering the latest information about the PRS, and insights from leading industry experts.
The event marks the RLA’s 20th anniversary this year, and as the RLA’s spokesperson says, looking forward to what the next 20 years holds for our rental businesses is impossible without first looking back to learn lessons from the past.
Mark Butterworth in an article for the RLA says:
“An exercise I did 25 years ago showed that over any 15 year period residential investment beat any other form of investment.
“The tax situation was stable and standards were low – not too many white goods required, not all flats had fridges then.
“Purchase prices were low and yields were high, but so were interest rates.
“Inflation was generally much higher and a reasonable return could be had from savings – this meant that the useful gain was capital appreciation.
“This rule has generally been the norm – run the properties out of income and take the long term view for capital appreciation – it depreciates the debt and appreciates the capital value in a way no other investment is able to.
“Efficient management keeps voids and costs to a minimum, meaning some income is produced after the initial hurdle of buying the investment and getting it up to standard.
“What has radically changed is the investment climate and the tax regime.”
What this conference is designed to do is provide some answers for landlords as to how to manage their rentals in this new climate, and what comes next!
The RLA’s Future Renting North conference is a must for northern landlords looking to future-proof their investments, with information on everything from welfare reform and tax to architectural design to property tech.
The conference will be held on April 24 at the Concorde Conference Centre in Manchester, with delegates also given the opportunity to take a free tour of the iconic aircraft.
Early bird tickets are now on sale priced at £45 for members and £60 for non-members, including lunch and refreshments.
For up-to-date information and tickets visit www.rla.org.uk/conference/future-renting-north/