Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 4 weeks ago 48
Greater Manchester Mayor Andy Burnham was speaking at the Residential Landlord Association’s Future Renting North conference and suggested an amnesty to rid Manchester of ‘rogue’ landlords.
This is part of the Mayor’s plan to introduce a good landlord scheme working with the RLA to tackle the ‘epidemic of insecurity’.
The amnesty would include purchasing properties from landlords that were unwilling or unable to bring their rental properties up to the required standard. No details of the purchase plan were given at this stage so the scheme did not look like a potential reward for badly maintained homes and the buy outs were unlikely to be at market value.
Mayor Burnham said: “Safe, decent housing should be a human right as healthcare and education is. The fact that you are at the conference today shows that you want to be reputable and do things properly. Truth of the matter is this doesn’t apply to the whole of the private rented sector.
“We need to isolate those that are giving the sector a bad name. We will work with you to establish what’s reasonable, what’s fair and what landlords should be expected to provide.”
The new housing policy is planned to be announced in June with a further 12-18 months for the Good Landlord Scheme to be implemented with the assistance of the RLA.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More