The Labour Party fiasco – Sorry, I meant to say manifesto?

The Labour Party fiasco – Sorry, I meant to say manifesto?

9:58 AM, 17th October 2022, About A year ago 2

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Hi, With all the political turmoil going on at the moment and talk of an early general election I thought I’d take a look at the Labour Party manifesto re’ private renting. Some of the main points are:-

Bringing in licensing for landlords – Fining landlords £100,000 for any property considered to be substandard- Minimum 3-year contracts – Abolishing S21 – A renters charter – Rent rises linked to the rate of inflation

Better the devil we know! This leads me to a question – would a minimum EPC ‘C’ rating coming in two years time still be due to become law under a labour government?

Pete


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Comments

Beaver

13:34 PM, 17th October 2022, About A year ago

I haven't read it. So is that a 'minimum three year contract' for both landlord and tenant? Or can a tenant still give 1 month's notice?

respawn

14:44 PM, 17th October 2022, About A year ago

As for your question regarding EPCs, I'm still not entirely convinced this will happen under the current government let alone anyone else.

Regarding Labour's seemingly insane stance on landlords as a whole, it seems likely it would stay. I'm not sure what I'll do at the next general election. I never have and never will vote Tory but as a landlord, voting Labour would be like shooting myself in the foot.

Although I should note my BTL is in Wales, which is a whole other kettle of fish in terms of legislation. But the Labour gov. there have just decided NOT to introduce rent controls similar to Scotland for fear of landlords selling up and creating an even worse supply issue. It sounded like it wasn't entirely off the table though, as they are waiting to see what happens in Scotland which suggests they will revisit the idea if all goes well up there.

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