16:25 PM, 10th July 2022, About a month ago 17
With all the political turmoil happening and talk of a possible early general election – I took a look at the latest ‘labour’ manifesto proposals for the ‘private rental sector’:
1. Open-ended rental contracts.
2. Landlord Register
3. Yearly property M.O.T
4. £100,000 fines
5. Possibility of compulsory purchase.
6. Rent increases limited to the rate of inflation.
All this is on top of all the recent regulations! They blame the P.R.S. for the increase in homelessness but fail to see why!
Simple answer – Landlords are selling up due to being treated like criminals!