Conservative Manifesto 2017 for the PRS

by Property 118

5 months ago

Conservative Manifesto 2017 for the PRS

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Conservative Manifesto 2017 for the PRS

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

 

Comments

David Price

5 months ago

Can someone help the Conservatives move a few more deckchairs?

Luk Udav

5 months ago

Reply to the comment left by "David Price" at "18/05/2017 - 12:58":

On the Good Ship "Wishful Thinking"?

Monty Bodkin

5 months ago

No news is good news.
The less government meddles with business the better.
A glimmer of hope here;

Keeping taxes as low as possible
Paying your fair share of tax is the price of living in a civilised democracy but politicians should never forget that taxes are levied on businesses that employ people, and individuals who work hard and face tough decisions about how they spend their money.
The Conservatives will always be the party that keeps tax as low as possible and spends the proceeds responsibly. It is our firm intention to reduce taxes on Britain’s businesses.

Paul Green

5 months ago

Reply to the comment left by "Monty Bodkin" at "18/05/2017 - 13:46":

What, like doling out 80 billion pounds on corporate welfare. Get real. The conservatives just screwd you by introducing section 24. There a far right wing party, I bet you won't have a say were they spend a penny. Don't you care about your children or grandchildren, there human rights working rights and working till there 80 or rather until they drop. What about The environment & nuclear proliferation That's just the start...don't you understand your getting poorer.

Monty Bodkin

5 months ago

Reply to the comment left by "Paul Green" at "18/05/2017 - 14:27":

Faced with the alternative, I'm happy with another 5 years of middle of the road Tory (they are not right wing enough for me).

The problem with socialism is that eventually you run out of other people's money.

Barry Fitzpatrick

5 months ago

Reply to the comment left by "Monty Bodkin" at "18/05/2017 - 13:46":

..... and they didn't say they were going to crucify the PRS in 2015 either.

Rod Adams

5 months ago

Reply to the comment left by "Paul Green" at "18/05/2017 - 14:27":

It's edukashun I'm worried about, particularly spelling and, grammar.

Cheers,

Rod.

Cautious Landlord

5 months ago

Agree with Monty - these are faux tories. Not right wing at all. They are trying to be all things to all people and that is just not possible. If also dilutes the effectiveness of proper free market economics with socialist minimum wages and all that nonsense. They are however right of the now Marxist labour party and clearly the lib dems are making it up as they go along (and doing that really very badly). There is hence no other choice for business people.

Monty Bodkin

5 months ago

By 2020, we will, as promised, increase the personal allowance to £12,500 and the higher rate to £50,000.

Is this taken into account by the section 24 calculators?

Appalled Landlord

5 months ago

Reply to the comment left by "Monty Bodkin" at "18/05/2017 - 17:20":

Hi Monty

A promise in a Conservative Party Election Manifesto is not worth the paper it’s written on.

Remember the solemn pledge in 2015 that income tax and NIC would not be increased? Osborne broke it with S 24, and Hammond attempted to break it with an increase in NIC - until he was forced into a humiliating reversal by a barrage from affected free-lance journalists and media personnel.

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Council tenant received 200 hour work order for subletting