President Trump and the regulatory burden!Make Text Bigger
Irrespective of opinions and views, Trump has promised to slash and bin regulations. Ronald Reagan once said that the words all business owners dreaded were ” I am from the Government and I am here to help”. Moving back across the water to the UK, we are drowning in regulations, and no where is the regulatory burden greater than in the PRS. What is wrong with Central Government and Local authorities.
The Public sector thrive on red tape, it’s creation and enforcement . No thought is given to cost, or real benefit. To those outside the PRS, who perhaps do not fully appreciate these points, I will elaborate.
Nobody is saying that Gas safety certificates or smoke detectors are not necessary and the overwhelming majority of landlords are law abiding tax compliant citizens.
We now however have a climate which actively promotes the criminalisation of landlords. To issue a section 21, a Landlord must now await a minimum of 4 Months and cannot do so unless the Tenant has been furnished with a copy of the Government” Right to Rent” document. Surely a tenant could obtain a copy of this masterpiece by going on line. Moving on, details of the deposit scheme must also be supplied as well as a copy of the EPC. Once again there is an online EPC register, but duplication is an excellent way of adding to red tape.
Licensing is spreading. Therefore if a licence has not been applied for, the Section 21 application cannot proceed. Applications for these Licences and the attached conditions are another mine field which would drive a saint to Suicide. The inspection regime which could follow the issue of the Rubbish licence, is designed to keep the Council honchos busy and on the pay roll. Then there are the normal Gas and Elec safety checks which professional Landlords would naturally never object to, as we are very much aware of the merits of safety checks.
Property owners are also expected to monitor, and even prevent anti social behaviour by not just the tenants but their visitors. Should an unfortunate landlord fall foul of some minor condition of the Licence, then that Individual could face a criminal prosecution , the loss of his licence and a management order being implemented resulting in Him/Her losing control of his property .
Where do we go from here? The reality is that while many Landlords are up in arms over this sea of dictats, the majority seem content to moan a little, while the Bodies that represent us are feeble “Yes Men” who crumble in the face of every assault, while happy to hoover up our subscriptions. It is high time Landlords stood up to the bullies who are ruining a vibrant and necessary sector. Tell the LA that you have an excellent relationship with your tenants, as the majority of us do indeed have. The cat would be set amongst the Pigeons if the tenant rather than The landlord refused entry. The Councils would not be too excited going to court for a warrant to force entry on a tenant. Landlords start being pro active by protecting your assets and Business.
We are past what is reasonable and there is no justification for the manner in which the PRS has been hounded, Taxed and Criminalised by the so called Politicians, who for the most part are viewed as absolutely useless by large segments of the Population.
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