, ,

Landlords expect to sell properties and increase rents

The Residential Landlords Association (RLA) report one in five landlords (22%) plan to sell at least one property from their portfolio over the coming year, with just 18% planning to buy additional properties to rent. They say tenants face a “perfect storm” with the supply of homes to rent set to fall as demand increases. Over the last year, the RLA found that 43% of landlords had increased rents and that 47% planned to increase them in the year ahead.


RLA forms PEARL to inform lettings policy

The Residential Landlords Association has established the Private renting Evidence, Analysis & Research Lab – PEARL – to better inform policy-making affecting the growing private lettings sector. The aim is “to ensure future policy affecting the sector is grounded in clear evidence and that the implications of decisions taken by government and local authorities affecting it are clearly understood.” Its new website has information on issues such as rents, trends and research.


‘Fit for human habitation’ bill

Labour MP Karen Buck, is reintroducing her Homes (Fitness for Human Habitation) Bill in Parliament, to require that residential rented accommodation is provided, and maintained, fit for human habitation. The amendment would place a duty on landlords to ensure their homes are safe for human habitation when let, and kept so during the course of the tenancy. David Smith, policy director for the Residential Landlords Association:

The Bill will give a further opportunity to deal with the minority of landlords who have no place in the market.