BBC – Is the private rented sector under attack? Help us defend it

BBC – Is the private rented sector under attack? Help us defend it

9:20 AM, 21st April 2022, About 4 weeks ago 30

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The BBC has asked propertymark to collate data for them so the BBC can use the survey to “draw the country’s attention to the issue of landlords deciding to sell or jump to short term lets.”

The BBC say they want new incentives to bring in new landlords to the PRS whilst keeping the old ones. They need the data and evidence to show what’s not working and the impact of recent changes.

Click here to complete the survey

(Propertymark CEO, Nathan Emerson, said “Through our contacts we have been offered the opportunity to put this issue onto a national platform and present our side of the story.

“The housing system needs a balance of tenures, and the value the private rented sector brings must not be underestimated. Landlords provide much-needed homes and the country cannot afford to lose them.

“We have an immense opportunity to get some solid evidence in front of decision-makers and huge media outlets.”



Comments

by Tim Rogers

9:39 AM, 21st April 2022, About 4 weeks ago

Have I missed something?
This survey seems to be specifically geared for agencies not landlords?

by reader

9:44 AM, 21st April 2022, About 4 weeks ago

I would suggest the BBC contact Kate Faulkner or Dr J Rugg both of whom are esteemed experts. Mick Roberts from the 118 forum could add some expert opinion on handling the day to day woes of our occupation.

Giving data to the BBC to interpret would not provide the expertise others could offer.

by Happy Landlord

9:56 AM, 21st April 2022, About 4 weeks ago

Trust the BBC to do the right thing not a chance!!

by Jane Tomlin

10:12 AM, 21st April 2022, About 4 weeks ago

Reply to the comment left by Happy Landlord at 21/04/2022 - 09:56
So true.

by Judith Wordsworth

10:14 AM, 21st April 2022, About 4 weeks ago

What needs to be looked at as well as agencies are those PRS landlords who have 3 or less rental properties.
Are they staying in the sector? Are the getting out (I am) or have got out. And importantly why. Or looking at increasing their portfolio

by Old Mrs Landlord

10:34 AM, 21st April 2022, About 4 weeks ago

I have completed this survey as far as possible (it does not even list the unitary authority where our properties are as a choice) and taken every opportunity it provides to type in responses to *other* to make the point that the survey would be much better directed at individual private landlords, while making all the obvious points regarding over-regulation and taxation making it impossible for landlords to comply with the standards currently required and in the pipeline at current market rents never mind the ridiculously below market LHA rates pertaining in our area and many other parts of the country.
I realise it will probably be binned as soon as they reach the answer to an early question which reveals I have no branches of my lettings agancy and no landlords' properties under my management, but there's no harm in hoping..

by Rennie

10:38 AM, 21st April 2022, About 4 weeks ago

Has it occurred to anyone that the BBC don't give a flying.. about the PRS and they are probably just collecting information to know how well they are doing at destroying the sector and therefore how far on they are with their New World Order?

by Seething Landlord

10:39 AM, 21st April 2022, About 4 weeks ago

If Propertymark are interested in the views of private landlords they need to revise the survey accordingly.

by Graeme

10:40 AM, 21st April 2022, About 4 weeks ago

Reply to the comment left by Tim Rogers at 21/04/2022 - 09:39
That's my finding as well. There needs to be a parallel survey to get the landlord perspective. It's feasible the lettings agents are welcoming the current trend as their revenue is linked to the rental income of landlords. Rents up = more revenue for agents + fewer properties to transact = lower cost for letting agents = increased margin for letting agent. There is no implied criticism in this. Having a healthy profitable letting agents is also key to the success of the industry.

by Pamthomp33

10:42 AM, 21st April 2022, About 4 weeks ago

Reply to the comment left by Judith Wordsworth at 21/04/2022 - 10:14
I certainly won't be buying more rental properties as 5% stamp duty on a modest home would takes years to get back in rent before making any meaningful profit. Abolishing section 21 is also a killer as the perception is that landlords will have to jump through hoops to sell their properties rather than just put them on the market.

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