Tory plans for Rent Controls in seaside towns?

by Property 118

10:23 AM, 3rd May 2017
About 2 years ago

Tory plans for Rent Controls in seaside towns?

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Tory plans for Rent Controls in seaside towns?

The Housing and Finance Institute was set up by David Cameron’s coalition government in 2015 before the last general election. It want to repair the housing markets in run down seaside towns with a ‘Fair Value Rents regime’.

The report wants to halt the continued decline of many neglected coastal towns by solving the “toxic trio of low home ownership, poor quality rental properties and a lack of job opportunities”.

The institute is proposing:

  • Time limited and localised rent controls in the poorest coastal communities.
  • Setting a locally assessed fair value rent to take into consideration location and condition of a property
  • Central government support for councils with areas of failed house building markets.
  • Creating a ‘One Stop Shop’ to make it easier for councils to take action against criminal landlords and grouping together Council action on housing quality, planning, new housing, growth and tenancy management.

CEO of the Housing and Finance Institute, Natalie Elphicke, said; “Dysfunctional housing markets are proving fundamental to the spiral of decline in many of Britain’s coastal communities and something radical must be done to turn the tide.

“The proposals in this paper can help to break up the concentration of housing poverty and attract new high quality building and investment. Housing can be pivotal to securing jobs, growth and reversing entrenched deprivation.”

Many Property118 readers would see this as the thin edge of the wedge leading to similar policies as the Labour Party with full national Rent Controls.

Click Here to download the full report



Comments

Monty Bodkin

11:11 AM, 3rd May 2017
About 2 years ago

Wife of the Left leaning Tory MP who wrote this just before section 24 was brought in;

http://www.cih.org/news-article/display/vpathDCR/templatedata/cih/news-article/data/A_chance_to_boost_standards_in_the_private_rented_sector

The FT reports that Charlie Elphicke, Conservative MP for Dover, said there was a strong case for ministers to call a halt to relief on mortgage interest, for example, and look at other perks such as wear and tear allocations.  If the government is going to take a look at these tax breaks, we think it should examine targeting them more effectively.

terry sullivan

11:16 AM, 3rd May 2017
About 2 years ago

another faux-tory

Ros poldermans

11:56 AM, 3rd May 2017
About 2 years ago

Do we give up now and sell up?

Monty Bodkin

12:05 PM, 3rd May 2017
About 2 years ago

"Tory Wets" only come to the fore when the Conservative government is weak.

It won't be weak after June 8th.

Appalled Landlord

12:56 PM, 3rd May 2017
About 2 years ago

Natalie Elphicke “was appointed by the UK government to jointly chair the Government’s independent review into the role of local authorities in housing supply with Keith House. The Elphicke-House Report was published in January 2015. A key recommendation of the Elphicke-House Report was the creation of a national Housing & Finance Institute, and its creation was confirmed by the UK Chancellor in the March 2015 budget.”
http://thehfi.com/ourboard/natalie-elphicke-chief-executive/

She recommended the creation of the Housing & Finance Institute, and Osborne made her CEO of it.

It's another outfit set up by Gideon, like the Office of Budget Responsibility. And therefore has just as much credibility.

Old Mrs Landlord

12:56 PM, 3rd May 2017
About 2 years ago

I am a landlord of properties in a seaside town and have accreditation with a national body so what do you reckon are my chances of Mr Elphicke lobbying for me to be granted exemption from Section 24 and removal of 10% Wear and Tear allowance as per his suggestion?
I believe the appropriate sign-off for frivolous tongue-in-cheek comments such as this is LOL

terry sullivan

13:10 PM, 3rd May 2017
About 2 years ago

another self-serving quango--what happened to the bonfire?

Adam Withford

13:23 PM, 3rd May 2017
About 2 years ago

Is there any link between this and the shipping out to coastal towns those who have been displaced from the demolitions of London Council Estates?

Are they saying that the LHA rates can't pay for it anymore (becvause of this new demand) so they want to create the rules that serve them?

Do they think the drink & drug problems in some of these coastal towns will go away if the addicts have a better standard of accomodation? " Housing can be pivotal to securing jobs, growth and reversing entrenched deprivation.” Or are they proposing that if nicer places exist there then more affluent and 'responsible' people will come?

Rather than agreeing to give the go-ahead for the high-speed rail which would improve the areas and bring in a stronger economy they want to make us pay for their gentrification?

S24 stops us from buying the crack-dens and turning them into respectable dwellings.

I know, preaching to the choir again.......

Ingrid Bacsa

15:13 PM, 3rd May 2017
About 2 years ago

I'm out as soon as ; Glad I've had my best years at this!

The Governements and Council jobsworths need to be left in the lurch by all private landlords - then see what they can do with their autonomy over just tenants; the wave of yet thousands more homeless queueing up in the social housing queues should keep them in work at least !

terry sullivan

15:27 PM, 3rd May 2017
About 2 years ago

go commercial?

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