Person Of The People, Author at Property118

Person Of The People

29/04/2026 PMQs. Badenoch to Prime Minister: “Instead of getting a grip on the economy, the Chancellor is briefing out rent controls to curry favour with left-wing backbenchers.” How many still need an interpreter...

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Reply to the comment left by Paul Essex at 29/04/2026 - 13:19... she got it right but ommitted some words... she meant to say: "... many small-scale landlords would benefit from additional guidance on how councils will best seek to...

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... and now that landlords are locked in, they will be required to bring homes up to whatever the government deems to be a decent home standard. That will be one of the biggest transfers of wealth in history. Normally,...

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A naïve misunderstanding of how markets operate. In a vibrant and successful market, where tenants have genuine choice because they earn enough to pay the market price for the goods and services they desire, landlords compete on price, service and...

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Again, I admire your positivity. And yes, we do need an urgent change in government. However, we are so far down an economic black hole — technically a doom loop, with no prospect of real growth — that an incoming...

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I admire your positivity, but look back at the history books. Regulated rents were set at about one-third of market rent. Regulated rents, in the form of what the Government now describes as “affordable” or “social” rents, already apply to...

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As a further follow up please see the article published by Property118 just six hours ago. The first three paragraphs say it all. And once this mechanism is embedded Rent Officers as part of the Valuation Office Agency will move...

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You are right to say that it is not a right to buy, although there is no obvious reason why the right to buy a council house could not be extended to private tenants, given that the regulatory mechanism has...

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While the right is most commonly exercised by long leaseholders, the definition of a “qualifying tenant” under the Landlord and Tenant Act 1987, as amended by the Housing Act 1996, specifically includes regulated tenants under the Rent Act 1977. The...

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Reply to the comment left by Swati Samant-Mayger at 27/04/2026 - 09:37Section 21 is not an isolated measure. It is one part of a wider government strategy to nationalise the housing industry while leaving the capital risk and occupational risk...

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Isn't the underlying message that the organisations that should have properly represented their members to protect them from government intervention are now positioning themselves to count the bodies and take their cut as the property industry, as we know it,...

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This is how it will unfold. The Landlord and Tenant Act 1987 already gives qualifying leaseholders a right of first refusal to buy the freehold, with serious consequences for freeholders who fail to comply, including criminal conviction and an unlimited...

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I am reluctant to say 'I told you so' but for over a year the Person of the People has been saying the government was using the previously reformed 1977 Rent Act and associated legislation as their playbook when political...

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... has nobody considered applying for a statutory 80-year lease extension? Going forward, the ground rent is converted to a peppercorn... ... the leaseholder caps the capitalised ground rent cost at today’s value... ... if the existing lease is long...

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... and why is that the freeholder's fault... if your leasehold value reduces the chances are the freehold value has reduced too... the leasehold system does need urgent reform but mainly to protect leaseholders from themselves... further, legislation exists to...

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Reply to the comment left by Person Of The People at 05/04/2026 - 16:36... at the very least, to preserve values, Section 21 notices should be considered and tenants invited to reapply under enhanced credit and tenancy checks... ... it...

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... and there's comparatively little to lose... while they work there way through the broken legal system government will be forced to face the consequences... vacant possession will yield a higher sale price because an existing landlord or buyer have...

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Reply to the comment left by Denise G at 05/04/2026 - 08:11The last truly capitalist government was the early days of Blair when the Trade and Industry Secretary said: "We are intensely relaxed about people getting filthy rich, as long...

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Reply to the comment left by Mark Alexander - Founder of Property118 at 03/04/2026 - 17:38A good point Mark, but Rent Guarantee Insurance (RGI) will only remain available while risk can still be spread. Once the PRS is fully captured...

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The courts are aware of the imbalance but deliberately maintain it: Policy reasons include: • Housing is treated as a social necessity, not a pure commercial contract • Tenants are viewed as the vulnerable party • Courts avoid creating deterrent...

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Person Of The People

Person Of The People


Registered with Property118.com

15th January 2025

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“Uncomfortable action is the price of success” — Dean Graziosi, AI Advantage Summit, 10 November 2025.