New Proposals Could Critically Damage The Private Rented Sector In Wales
New Proposals Could Be Costly For
Landlords With Properties In Wales
There Residential Landlords Association (RLA) have released alarming news that will cause major concern for landlords who own rental properties in Wales
Cardiff city council released two new consultations before Easter 2014,
- Considerable change in planning guidance
- The extension of additional licensing to Plasnewydd
Rent controls appear to be quite a crucial political issue and with another general election looming the RLA feel that it is imperative that the facts are understood by landlords with rental properties in Wales.
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ARLA Calls For Rental Regulation In England
Government Urged To Rethink PRS Regulation
The Association of Residential Letting Agents (ARLA) wants the Government to bring England in line with the rest of the UK by calling for greater regulation of the private rental sector to better protect tenants.
ARLA argues that tenants in England could soon be less well protected than their Scottish and Welsh counterparts, due to the delay by the Government to introduce laws allowing for better regulation of the lettings industry.
According to data released by ARLA, 36% of all households in England are in private sector rented accommodation and the lack of regulation of the Private Rental Sector (PRS) is fast becoming an issue that affects more of the population than ever before.
The Scottish government reviewed its strategy for the PRS on the 30th May, while the Welsh government is set to introduce a Housing Bill legislating for a compulsory licensing scheme for all letting agents in Wales, as well as a code of practice, before the end of the 2012/13 Assembly term.
The announcements by Scottish and Welsh parliaments are in stark contrast with the current UK Government’s stance of opposition to regulation of the Private Rental Sector because of an apparent fear that landlords will become bogged down and put off by having to wade through a mountain of red tape.
On the surface this seems incredibly thoughtful of the Government, however, it is not to be forgotten that they also intend for all landlords to become unpaid agents for the UK Border Agency policing the immigration status of all tenants. No matter how watered down that proposal becomes the intent of those in power was made clear – to tap into powerful resources to save themselves money. It does make you wonder if the reluctance for regulation is simply because the Government can’t find a way to financially benefit from introducing new regulatory legislation at this current time.
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