Landlords urged to have their say on the Welsh Government’s plan to cap rents

Landlords urged to have their say on the Welsh Government’s plan to cap rents

0:01 AM, 14th August 2023, About 2 years ago 3

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Landlords in Wales are being urged to have their say on the Welsh Government’s green paper on fair rents and adequate housing – which could see rent controls in the private rented sector.

To help, the National Residential Landlords’ Association (NRLA) has put together a toolkit to help landlords understand the consultation and respond appropriately.

The toolkit has been developed by NRLA experts and offers guidance and suggested responses for each section.

There are also useful links and research for landlords to use as evidence in their responses.

Rent controls are not the solution to the housing crisis

The NRLA believes that rent controls are not the solution to the housing crisis in Wales because they will reduce the supply and quality of rental housing, and discourage investment and innovation.

Rent controls will also harm tenants, the NRLA adds, and they will also face higher competition and lower rented housing standards.

The landlords’ organisation has been representing the sector’s views in the Welsh Government’s working groups but is now calling for more landlords to share their experiences and opinions.

Rent controls in Wales

While the green paper is not a final policy, it is a way of gathering feedback and ideas for a future White Paper on rent controls in Wales which would then be the basis for a potential law.

This means there is still time to influence the outcome and prevent rent controls from becoming a reality.

The NRLA says that having more landlords respond to the consultation, the stronger the case against rent controls will be.

The consultation closes on 15th September and the NRLA’s toolkit to respond to the Welsh Government’s Fair Rents consultation can be found here.


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GlanACC

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Member Since March 2023 - Comments: 1399

11:09 AM, 14th August 2023, About 2 years ago

Why does the Welsh government (thats a laugh) just look at what happened in Scotland , very similar approach, why need a consultation becuase we all know what the (pre-determined) outcome will be

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Juan Degales

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Member Since February 2023 - Comments: 40

13:53 PM, 14th August 2023, About 2 years ago

Because they still think socialism works. If rent control is implemented there will soon be a rude awakening.

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Peter P

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Member Since August 2023 - Comments: 1

21:21 PM, 14th August 2023, About 2 years ago

Here in Scotland local authority chief executives recently collaborated on a housing report; google “Solace Housing Scotland July report” and have a good read of pages 14-15 for yourselves. Even the LAs are calling for the end of the Cost of Living emergency legislation (which is rent controls and another eviction moratorium) publicly stating “the evidence demonstrates that is has not achieved what it set out to do and instead is impacting on investment as well as wider relations with the PRS and BTR sectors.”

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