Private sector rent controls in Scotland

Nicola Sturgeon is an advocate of rent controls, she has outlined plans in the Scottish Parliament to introduce them through a Private Tenancies Bill, personally I have always thought some form of rent control would be the most sensible way of keeping a cap on private sector rents, however this method of controlling rents should be researched at depth to ensure they work without harming both Landlord and Tenant.

The introduction of rent controls as exists in Germany cannot acheive the required outcome unless they go hand in hand with other changes such as tax incentives and land releases, making changes without looking at the bigger picture could quite honestly make a shambles of the delicately balanced  private rented sector.

According to an article by Dr John Boyle spokesperson for PRS 4 Scotland he says,  they are putting forward a “framework” that offers a basis to do this and we will be working with government and opposition parties to address the real issues in housing but also warning of the dangers of adopting a rent control system which would be so detrimental to tenants, landlord and indeed homeowners in Scotland.

Original article can be seen: http://www.scotsman.com/news/rented-sector-needs-proper-policy-to-solve-shortage-1-3883461

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Six UK vineyards where homebuyers avoid the 84% premium

Six affordable UK vineyards where homebuyers avoid the 84% house price premium and toast a better deal The latest research from Yopa has revealed that living close to one of the UK’s top vineyards will set homebuyers back an average of £494,739, 84% more than the current UK average house price. However, there remain a…
Read More
Breaking News

Red tape slashed to revamp high streets with new cafes and bars

Communities and town centres across the UK are set to benefit from a wave of new cafes, bars, music venues and outdoor dining options, as the Government slashes red tape to breathe new life into the high street. Government to overhaul planning and licensing rules to make it quicker and easier for new cafes, bars…
Read More
Breaking News

London’s prime parks command 86% property premium

The latest research from Jefferies London has found that buyers hoping to live within arm’s reach of one of the capital’s royal parks will need to stump up a serious property price premium, with the average price of property around these green spaces coming in 86% higher than the average London house price. Jefferies London…
Read More
Planning disputes on new build land
Breaking News

Padel Boom Sparks 113% Surge in Planning Applications

17,000 UK Sites Ripe for Development New insight from Searchland reveals that planning applications for padel courts surged by more than 113% in 2024, with the upward trend expected to continue throughout 2025. The explosive growth of the sport in the UK has unlocked a wealth of potential for developers and investors, with Searchland estimating…
Read More
Breaking News

Property values rise at 5.3 times the rate of earnings

House prices across Britain rise at 5.3 times the rate of earnings in the last year The latest research from eXp UK has found that the average house price in Great Britain has increased at 5.3 times the rate of average earnings over the past year, highlighting a widening affordability gap for homebuyers. eXp UK…
Read More
Estate Agent Talk

London homes with a patio prove hot property,

The latest research from Benham and Reeves has found that London homes offering a patio have become highly sought after, with 41% of all patio-equipped properties currently listed already snapped up by eager homebuyers. However, potential buyers dreaming of a summer-ready outdoor space might face challenges, as only 8% of properties currently on the market…
Read More