RLA membership hits new record high

Membership of the Residential Landlords Association (RLA) has hit a new record high of 35,000. Established by landlords, for landlords in 1998, the not-for-profit association – Britain’s leading landlord body – has seen huge growth in recent years, reaching this new milestone less than two years after hitting the 30,000 mark. Answering more than 66,000…

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Government Minister to address RLA Future Renting Wales conference next week

Government Minister Justin Tomlinson MP will address the Residential Landlord Association’s (RLA) Future Renting Wales conference next week. The Minister for Family Support, Housing and Child Maintenance, will be sharing his insights into the future of the private rented sector in a keynote speech at the event on November 29th, with Welsh Housing Minister Rebecca Evans promising…

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Benefit Changes Driving Homelessness Says New Report

Changes to the benefit system are behind the decade-long increase in homelessness from private rented housing, according to a new report for the RLA. Research by the Policy Evaluation and Research Unit at Manchester Metropolitan University for the Residential Landlords Association has found that a key driver of homelessness from the private rented sector has…

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Average asking rents outside London have hit over £800 per month for first time according to Rightmove

Latest Rightmove Rental Price Tracker Q3 2018 report headlines ‘Drop in available rental properties pushes asking rents to record high’. The report reveals that average asking rents outside London have hit over £800 per month for the first time, fuelled by fewer available rental properties for prospective tenants to choose from. Rightmove states that in…

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RLA comments on NatWest decision to review its lending practices

Commenting on news that NatWest bank plans to review its lending practices to address concerns that they prevent landlords renting to benefit claimants, David Smith, Policy Director for the Residential Landlords Association said: “With increasing numbers of benefit claimants now reliant on the private rented sector for a home we welcome NatWest’s decision to review…

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Rents rose in every region of GB in September, the first time since January according to Hamptons International

Latest Hamptons International Monthly Lettings Index report – September 2018  headlines  ‘Landlord purchases fall by £5.2 billion in 3 years’. The report reveals that in H1 2018 landlords spent £12.1 billion on new buy-to-let purchases, £5.2 billion or 30% less than in H1 2015 (£17.3 billion). In London landlords spent £3.5 billion purchasing rental homes…

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Capital Gains Tax relief to encourage longer tenancies and sales to tenants in private rented housing, RLA response

Responding to proposals from the Conservative Think Tank, ‘Onward’ today for Capital Gains Tax relief to encourage longer tenancies and sales to tenants in private rented housing, David Smith, Policy Director for the Residential Landlords Association said: “We welcome Onward’s acceptance of the need for more positive taxation in the rented sector which the RLA…

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Response to Labour plans for Private Rented Housing

In response to the Shadow Housing Secretary, John Healey MP’s proposals to end the use of Section 21 notices in the private rented sector announced at the Labour Party Conference, David Smith, Policy Director for the Residential Landlords Association, said: “Many landlords resort to Section 21 notices because the alternative procedures take too long to…

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RLA comments on the report on private rented housing

  Comenting on the recent publication of the University of York’s report on private rented housing, David Smith, Policy Director for the Residential Landlords Association said: “We welcome today’s report which the RLA contributed to. “Whilst the Government’s own data shows that 84 per cent of private tenants are satisfied with their accommodation, no one…

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Shelter responds to review of the private rented sector

Please find below Shelter’s reponse to Nationwide Foundation and Univeristy of York’s review of the private rented sector, which calls for property MOTs for private rented homes. Polly Neate, chief executive, Shelter said, “Decades of failure to build social homes mean thousands of families are left to contend with the broken, failing market that is…

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