The Conservative Manifesto 2017 says they will act in specific markets including the PRS and housing market, but they are very light on detail and content.
They confirmed that they will continue with the ban on letting agent fee and said the following under the heading ‘Cutting the Cost of Living’.
- We will also improve protections for those who rent, including by looking at how we increase security for good tenants and encouraging landlords to offer longer tenancies as standard.
- A Conservative government will reform and modernise the home-buying process so it is more efficient and less costly.
- We will crack down on unfair practices in leasehold, such as escalating ground rents.
Under ‘Homes for All’ they said:
“We have not built enough homes in this country for generations, and buying or renting a home has become increasingly unaffordable. If we do not put this right, we will be unable to extend the promise of a decent home, let alone home ownership, to the millions who deserve it.
We will fix the dysfunctional housing market so that housing is more affordable and people have the security they need to plan for the future. The key to this is to build enough homes to meet demand. That will slow the rise in housing costs so more ordinary, working families can afford to buy a home and bring the cost of renting down. And it will ensure that more private capital is invested in more productive investment, helping the economy to grow faster and more securely in future years.”
Click Here to read the full Manifesto