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SarahBell

Labour Bad For Landlords

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http://www.landlordtoday.co.uk/news_features/Labour-plans-would-be-death-knell-for-rented-housing-says-RLA

Last week, shadow ministers announced plans for:
• A national register of landlords. This is despite the fact that the last Labour Government described a full register of this kind as “onerous, difficult to enforce and costly”.
• Rent controls. This is despite the last Labour government having launched a consultation which made clear that the last time rent controls were introduced they seriously undermined investment in the sector.
• Banning so called revenge evictions with costly new legislation. This is despite the fact that the Competition and Markets Authority has made clear that this is already illegal.

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Wales has introduced a landlord registration scheme. Which saw a larger number of tenanted properties go up for sale than normal.

Hopefully HMRC will get access to the register.

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http://www.landlordtoday.co.uk/news_features/Labour-plans-would-be-death-knell-for-rented-housing-says-RLA

Last week, shadow ministers announced plans for:

• A national register of landlords. This is despite the fact that the last Labour Government described a full register of this kind as “onerous, difficult to enforce and costly”.

• Rent controls. This is despite the last Labour government having launched a consultation which made clear that the last time rent controls were introduced they seriously undermined investment in the sector.

• Banning so called revenge evictions with costly new legislation. This is despite the fact that the Competition and Markets Authority has made clear that this is already illegal.

What's difficult about making it a legal & fineable requirement to have permission (and a costly license - lvt for landlords) to let and marketing an unlicensed property an offence.

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What's difficult about making it a legal & fineable requirement to have permission (and a costly license - lvt for landlords) to let and marketing an unlicensed property an offence.

Because more red tape isn't always a good idea.

Having a system that allows tenants to report bad landlords and have them dealt with would be infinitely better than wasting money on a register of good landlords.

What % of landlords in Scotland have registered?

I think Oldham was looking at one that would require 3 members of full time staff eventually - what on earth for?

Edited by SarahBell

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Just think how much easier it would be for HMRC to trace landlords if there was a national register. Presumably this is why they are against it as it might interfere with their tax evasion?

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Just think how much easier it would be for HMRC to trace landlords if there was a national register. Presumably this is why they are against it as it might interfere with their tax evasion?

~

Make it compulsory to register with HMRC if you're a landlord. Oh wait that probably already is the case. Fines if you're not when they catch you.

Get tenants to register who they're paying rent to?

The cost of making tenants aware of such a responsibility is probably not cost effective. They could persuade the Xfactor maybe to do only songs about 'my landlord don't pay no tax so I should snitch him up'

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http://www.landlordtoday.co.uk/news_features/Labour-plans-would-be-death-knell-for-rented-housing-says-RLA

Last week, shadow ministers announced plans for:

• A national register of landlords. This is despite the fact that the last Labour Government described a full register of this kind as “onerous, difficult to enforce and costly”.

• Rent controls. This is despite the last Labour government having launched a consultation which made clear that the last time rent controls were introduced they seriously undermined investment in the sector.

• Banning so called revenge evictions with costly new legislation. This is despite the fact that the Competition and Markets Authority has made clear that this is already illegal.

Oh, lookee, pressure group puts forward position.

National Register? There's already a national register of property. Given that relational database technology goes back more than 40 years, one would hope they have it in a format that would be straightforward to extend.

Yes, last time a government introduced rent controls they botched it so badly it was the biggest single disaster in the sorry history of UK housing policy. It could be another disaster, but some element of it doesn't have to. It's still the wrong solution, but it might just be less wrong than the status quo.

Banning revenge evictions? Who needs costly new legislation? Just strike down Section 21 and limit no-fault eviction to cases where it's the owner's own home let out while they're seconded elsewhere.

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Bah, big news. LL's blah blah that extra costs and reg's blah blah will drive LL's out of the market reducing supply! Where do they think all these dwelling will disappear to? Oh, they won't. So no reduction in house stock, just fewer HPI hunting chancers. Sounds good to me! :lol:

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How many Landlords were there when Labour won power in 97 and how many in 2010?

All part of labours big plan. Let the rich get richer for a few decades, then steal it all back. :lol: Yup, your kinda screwed for those few decades...but...longer term...greater good and all that comrade.

Plus, minibrain certainly isn't tony blair. Yes, nulabour are certainly dead :unsure:

Edited by Executive Sadman

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Rent controls, if they bring that in we'll be completely fecked.

As per usual the Labour offered solutions are pure Ingsoc/South America BS.

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Rent controls, if they bring that in we'll be completely fecked.

As per usual the Labour offered solutions are pure Ingsoc/South America BS.

Why?

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Why?

Rent control is just another form of price control. As with any form of price control it causes shortages, queues, and low quality. This is what price controls always do, and always have done. The only way it won't do that, is if the rent control regime is sufficiently lax and has so little bite that it makes little or no difference compared to what the market would do anyway, which is actually the usual state of affairs.

You don't need to be a swivel eyed right winger to know this. http://en.wikipedia.org/wiki/Assar_Lindbeck

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