Fair Rents (Scotland) Bill or Artificial state manipulation of free market rent?10:34 AM, 6th November 2020
About 4 weeks ago 36
Peterborough Council have scrapped their discount scheme for landlords belonging to the National Landlords Association (NLA) or the Residential Landlords Association (RLA). The scheme previously charged members of both associations £50 for a 5 year licence to rent property in the borough.
Now all landlords regardless of membership will have to pay £600 per property for a 5 year licence.
Peterborough council justify the twelve fold increase by saying they have seen no evidence of rents going with a greater selective licencing cost. Therefore the logic must be why not make more money from good landlords?
Assistant Director for communities and safety, Rob Hill, said: “Over the past 12 months we have not seen a difference in rental levels between landlords who have paid either the £50 or £600 fee. In addition, the licence fee is tax deductible and therefore we expect little impact on rental levels.”
However, Richard Lambert, CEO of the NLA, said: “The NLA was not aware the council had made this decision, or was considering doing so, and we’re naturally disappointed because we pushed very hard to make sure that accredited landlords, who are already doing the right thing, should benefit from a discount.”
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