Landlords Alliance – Emergency Euro Elections Statement21:09 PM, 21st May 2019
About 3 days ago 70
Andy Burnham the Mayoral candidate for Greater Manchester has announced plans if he wins for a ‘Community Buy-Back Fund’ which will providing loan finance to councils to buy out private landlords who fail to maintain properties to the Decent Homes Standard.
He would also bring in plans to License all landlords in the whole Greater Manchester Area and seek to control rent increases and the standards of properties in the PRS.
In his article for Inside Housing Burnham said “the scourge of absent, private landlords bedevils much of Greater Manchester particularly the older mill towns across its northern arc. Many never visit our area and don’t care about the state of the properties they rent out. They only care about the rent cheques they keep raking in.”
Burnham’s first priority would be to increase the supply of social housing by reallocating the £300 million development fund to provide loans and guarantees to councils and housing associations for the building of new affordable homes to rent
He also wants some of these new properties to be designated as ‘Rent to Own’. This would make them available on a long term lease to under 35s giving assistance in particular to the new generation rent.
Burnham blamed the Conservative government for the housing crisis in Manchester saying “One of the reasons we are in such a mess is because an out of touch Westminster has for years tried to foist a policy designed for the affluent South on the rest of the country. For decades, the national policy focus has been on promoting owner-occupation to the exclusion of investing in other forms of housing. And, sadly, it remains the focus of policy today.”
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