The National Landlords Association is asking landlords to take part in a survey so they can collect as much relevant data as possible. All data collected will be used to lobby the Treasury to amend the Finance Bill, which threatens to harm the private rental sector in the UK.
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NLA Survey for Landlords Some of the existing statistics quoted by the NLA make for sobering reading and a further 136,000 private landlords will be forced into the higher rate tax bracket, even though they only have modest incomes from their BTL properties.
Win a Food Hamper! Participants in the NLA survey will be entered into a prize draw to win a Fortnum and Mason hamper, so it’s definitely worth entering!
According to the NLA, around 69% of landlords felt that the Conservatives had the best policies for the private rental sector before the election. By contrast most felt that Labour in power would have been a total disaster for landlords.
Rent Controls and Right to Buy Policies from Labour New elected leader of the Labour Party, Jeremy Corbyn, wants to introduce rent controls so that a rental home is a “source of security” for the tenant:
“Alongside building the thousands of new homes we need, we also need to get rents down in the private rented sector and ensure secure tenures. We could have national minimum standards of longer tenancies and limits on rent rises.”
He’s also in favour of the “right to buy” for tenants living in properties owned by private landlords.