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NLA Publishes Landlords At A Glance Guide To Voting

NLA Publishes Landlords At A Glance Guide To Voting

NLA Makes It Easier For Landlords To Vote
With At A Glance Guide To Main Political Party Manifestos

The National Landlords Association (NLA) have decided to make it a bit easier for floating landlord voters who may not have decided who they intend to vote for yet, by compiling a short at a glance guide to where each political party stands on key policies related to property ownership in the UK private rental sector and landlord life.
As we published on Spotlight yesterday, every political party have their own views on each of the following measures:

  • Rent Control
  • Longer Tenancies
  • Landlord Licensing
  • Landlords’ Register
  • Letting Agent Fees
  • Landlord Tax

Tomorrow is polling day in the UK (7th May), so if you haven’t already decided which of the political parties should get your vote as a landlord and business owner, the National Landlords Association has decided to make it a bit easier for floating landlord voters by compiling a helpful guide to where each of the main political parties stand on key landlord and property related policies.

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Government Welfare Reforms Stumble

Government Welfare Reforms Stumble

The UK Coalition Government plans to cap benefits will still be fully implemented despite the parliamentary defeat in the House of Lords on Monday this week.
A defeat that saw 26 Lib-Dem peers rebel against the Government’s wishes.

Although, the Government have admitted that whilst disappointed by the result, they still intend to push through the plans for welfare reform in full.

The plans have caused deep unease in the Lords and prompted a number of Church of England bishops to launch a bid for the reforms to be curbed, backed by a majority of 15.

Bishop of Ripon and Leeds, the Right Reverend John Packer introduced the amendment and following its success, said: “It cannot be right for the cap to be the same for a childless couple as for a couple with children. Child benefit is the most appropriate way to right this unfairness.”

Work and Pensions Secretary Iain Duncan Smith led the Government’s call for all benefit payments limited to a maximum £26,000 a year per household, claiming that it will save approximately £600 Million (GBP) towards the UK’s multi Billion pound economic deficit.

Lord Paddy Ashdown joined 25 other Lib Dem peers voting for child benefit to be excluded from the cap calculations. The former party leader, previously a loyal supporter of the Government, said that as president of the United Nations children’s agency UNICEF, he was not prepared to back the Government’s plans in their current form, denouncing them as “completely unacceptable”.

Deputy Prime Minister Nick Clegg has stated that he fully supports the Governments changes to the welfare benefit system, despite the rebellious divisions from within the Lib-Dem ranks.

A Department for Work and Pensions (DWP) spokesman said: “There has to be a limit on the amount of money benefit claimants can receive. We think that limit is set at a fair rate of £26k – the equivalent to someone earning £35,000 before tax, a salary that many working families would be happy to receive.”

Around 67,000 families will lose £83 a week under the cap, which is due to be brought in from 2013 in England, Scotland and Wales.

It is expected that the welfare reforms will result in many families currently claiming housing benefit facing mounting financial pressures and even eviction from their homes, if they are unable to pay the rent.

If UK landlords do find themselves in the unenviable position of chasing bad debts or rent recovery, or if the worst happens, having to evict defaulting tenants then they should use the services of a reputable eviction specialist such as Legal 4 Landlords, to save effort, money, time and stress.

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The 2012 New Year Honours list, published on New Year’s Eve, is set to commend a convicted fraudster and founder of the Heron Group, a multi-million pound property empire, with a CBE for his services to charity.

The ex-con tycoon, Gerald Ronson, 72, was once the 14th richest man in the UK with a property empire worth over half a billion pounds. Founded at age 17, his portfolio includes property throughout Europe, including the famous London City skyscraper, the Heron Tower.

In 1990 he was ordered to serve a 6 month custodial sentence and fined £5 million for his part in the ‘Guinness Four’ scandal.

Mr Ronson was convicted of fraud for inflating the price of shares in the drinks company, Guinness, during a fierce takeover battle by Scottish group, Distillers.

Despite the criminal conviction, Mr Ronson will be honoured for his services to charity, with the CBE intended to show support and gratitude on behalf of the state for those who have made an outstanding contribution to Britain over the last 12 months.

Gerald Ronson, maintains that he did not act dishonestly in the fraud scam and has donated £30 Million (GBP) of his own money and raised over £100 Million (GBP) for charities including the Prince’s Trust.

Despite Mr Ronson donating all his shares in his property empire to Great Ormond Street Hospital and the National History Museum, some sceptics claim that such an accolade is a rehabilitation prize.

The knighthood has fuelled the gossip between Conservative and Labour MPs.

The Tories claim to have acknowledged those who support Cameron’s charitable aims for the ‘Big Society’, but Labour MP’s remain dubious about rewarding the disgraced property mogul.

John Mann, Labour MP for Bassetlaw and Treasury Select Committee member claimed notable accolades for ex-criminals are a “disgrace” and also believes such awards show that “…when millions of families are struggling to get by, it’s the Tories’ friends in the City who get the rewards”.

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