The Residential Landlords Association (RLA) has launched its London Mayoral Manifesto anticipating calls for change after the May election.
Entitled “Landlords4London” the RLA’s manifesto document outlines what it believes should be the main housing priorities for a successful candidate. Supporting the Private Rented Sector (PRS), focusing on discouraging rent controls, encouraging better enforcement, boosting supply, introducing flexible tenancies and addressing the ‘buy-to-leave’ problem the RLA see as the key priorities.
The RLA has been “hitting the campaign trail” in London ahead of the mayoral election on May 5, lobbying the candidates on all these issues. It is strongly opposing rent controls on the basis they will reduce the supply and the quality of private rented accommodation, and they say they will encourage the successful candidate to look at better enforcing existing legislation to tackle criminal landlords – rather than introducing any more new controls.
The association says it wants the new Mayor to commit to encouraging investment in the PRS as well as the introduction of flexible tenancies, and a crackdown on the “buy-to-leave” landlords – those who buy properties as speculative investments and leave them empty – who are putting extra strain on the housing market in London.
Alan Ward, RLA Chairman says:
“The Private Rented Sector is a vital provider of housing in the capital, with a huge shortfall in the social housing offer and spiralling house prices.
“After the hammering buy-to let landlords have taken at the hands of the chancellor we want the successful mayoral candidate to recognise the essential role these landlords play in tackling London’s housing crisis.”
To read the Manifesto click here
RLA’s London Mayoral Election Manifesto – https://t.co/4vJyhXTv3s
— LandlordZONE (@LandlordZONE) April 18, 2016