Are the Labour Party about to cut red tape for landlords to help tenants?

Are the Labour Party about to cut red tape for landlords to help tenants?

9:09 AM, 18th March 2025, About a month ago 6

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News about Chancellor Rachel Reeves meeting with industry regulators to cut the cost of regulations, including environmental measures, and reduce red tape to build new housing raises important questions.

The Chancellor claims these measures will “boost investment and put more money into working people’s pockets.”

This plan comes alongside 60 measures agreed upon by regulators following weeks of intense negotiations designed to make it easier to do business in the UK.

One of these measures includes simplifying mortgage lending rules to make it easier to re-mortgage with a new lender and reduce mortgage terms.

Clearly, the Labour Party recognises that red tape and bureaucracy increase business costs, stifle growth, and block new housing.

Well, remove the word landlord and replace it with ‘We are Housing Providers’. We provide housing. We know tenants pay more for increased regulations. So, why does the Labour Party wish to block new housing for desperate tenants?

Am I missing something here or is it really that simple? Higher costs for Landlords = higher costs for tenants.

What do landlords think about this?


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Cider Drinker

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9:25 AM, 18th March 2025, About a month ago

Every line of the RRB adds cost for the landlord. In any business, adding cost to the supply line increases prices for the customer.

We live in a world where FaceBook likes matter more than sound governance.

Tenants blame the landlord when rents rise, despite the landlord’s profits falling. Last year, my tax bill was higher than my net profit. That is, more of my tenants’ rents went in tax than in my pocket.

When rents rise, the government beats on the landlord a little more and the tenants like their FaceBook posts.

Tenants need to be told where their rent goes.

Despite rent increases, I’ll be reporting a financial loss this year.

Paul Essex

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13:08 PM, 18th March 2025, About a month ago

Sorry you are two weeks early for this.

Mick Roberts

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5:28 AM, 19th March 2025, About a month ago

Reply to the comment left by Cider Drinker at 18/03/2025 - 09:25
Councils, Govt, UC, Selective Licensing, S24 tax, are massive contributors to homeless, the biggest cause.

PAUL BARTLETT

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17:29 PM, 19th March 2025, About a month ago

Reply to the comment left by Mick Roberts at 19/03/2025 - 05:28
Selective Licensing, a tool for the responsible Local Authority to increase compliance to Decent Homes Standard in areas with significant noncompliance, or a pretext to fund existing compliance responsibilities of the LA that Central government won't?

In the peoples democratic republic of Islington, London, they have just decided in Council that they can impose SL without significant resistance so let's do it.

Since I'm not able to pay up to £30,000 fines for Admin errors or differences of opinion on LBI standard compliance, I'm no longer willing to add to my historic losses due to finance costs that BoE rate setters control 3-weekly.

Letting in Islington isn't viable.

25 applicants per property, you say?

Send them down Old Street to see Shelter and see how they can help!

Mick Roberts

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16:45 PM, 22nd March 2025, About a month ago

Reply to the comment left by PAUL BARTLETT at 19/03/2025 - 17:29Same here, many of us selling.

Big advert now, Only the most credit worthy perfect well off guarantor tenants need apply.

Paul Essex

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9:35 AM, 24th March 2025, About a month ago

Thinking about red tape, making tax digital is coming up fast - another burden for the landlord.

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