Response to Rented Homes Report

August 3, 2016

In response to the analysis of housing trends in England from the Resolution Foundation, Alan Ward, Chairman of the Residential Landlords Association (RLA) challenges their findings.

He points out that the analysis is wrong to claim the private rented sector is not fit for purpose.

Mr Ward, said: “The evidence shows that tenants in the private rented sector are staying in their homes for longer. No landlord ever wants to lose a well behaved tenant who pays their rent on time.

“Landlords are not depriving people of a home by offering properties to let – they are, in fact, providing a home for someone that needs it.

“Owner occupiers still have a far better deal when it comes to buying properties. They can buy with a much lower deposit – they don’t pay the additional stamp duty levy and can buy new homes at a discount.

“The answer to the housing crisis lies in increasing supply, not penalising landlords for providing vital homes for those who need or choose to rent – but the government’s tax-attack on landlords only makes it harder for tenants to save and buy.”

Source of the report from RLA

 

 

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.

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