Surely I am not the only landlord worried about new EPC requirements?9:44 AM, 17th February 2021
About 2 weeks ago 125
There is no doubt that our sector is attracting the criminal elements, however, landlord regulation is not the answer.
Why would any person in their right mind choose to live in a bed in a shed, or a mouldy, over-crowded wreck of a property?
The answer is simple, they need a roof over their head and there is no other choice.
Landlord regulation is nothing more than a tax on GOOD Landlords.
Will the authorities collecting this tax use the money to build more housing? NO!
Will they use the money to prosecute criminal operators? Well perhaps, but at what expense? Landlord Registration in Scotland has cost £18 million which works out at £400,000 for every rogue that’s been prevented from operating.
The ONLY way to discourage criminals from operating in our sector is to satisfy demand for housing.
Competition as a result of balanced supply and demand improves standards, not regulation.
For standards to improve the supply of properties needs to increase, there is NO other way!
If those people living in sheds or mouldy properties had a choice to move to something better do you think they would stay?
Of course they wouldn’t!
Where would that leave the rogues and the criminals?
When demand is finally satisfied and good quality accommodation is available to everybody who wants it, even the good landlords will get better. They will have to in order to compete.
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