This is the first full edition of the RLA's Landlord Confidence Index (LCI). The LCI provides a snapshot of the actions and likely future response of landlords to the current market environment. The LCI is drawn from a national (England & Wales) survey of around 2,000 landlords.
Rapid analysis of key PRS data and information
Across Western Europe and North America there is continued interest in applying rent controls in the Private Rented Sector (PRS). The RLA has looked at the experience of rent controls in Europe and the USA. Rent control policies where they exist have not slowed down rent growth - indeed the opposite may be true.
Research from the RLA reports on the impact of Capital Gains Tax. CGT traps landlords into holding property longer than planned, the tax and, in doing so, holds back a functioning property market. The tax reduces property investment as well as the volume of properties available to purchase.
Whilst the IPHRP - the ONS's measure of price growth in the PRS continues to grow. The RLA argue price growth is fragile and weaker than in the wider economy.
This is a full draft version of the forthcoming Landlords' Confidence Index (LCI). It aims to provide a snapshot of Landlord confidence. It is being produced at a time when landlords face pressure from governments. Tax changes, regulation change and the threat of adverse legal reforms are now threatening the supply of homes in the Private rented Sector.
The 2019 Q1 State of the PRS report focuses on the roll-out of Universal Credit and the imapct it has had on landlords. The majority of landlords report that Universal Credit claimants do go into arrears, despite claims to the contrary.
The RLA's Policy Manager John Stewart reports on what the RLA has been doing to protect members' rights in the face of government proposals to abolish Section 21. In this article John thanks members for taking time out to respond to surveys and providing the evidence base upon which our campaigning is based.
On 1 December 2017 the First-tier Tribunal for Scotland Housing and Property Chamber took over from the sheriff court in dealing with all private rented sector (PRS) disputes. This in effect created a Housing Court. This paper considers how the new system has fared north of the border.
The Index of Private Housing Rental Prices (IPHRP) continues to be below key measures of inflation. This is the 30th consecutive month the increase in rents in the PRS has been below BOTH the CPI and CPIH.
On the second anniversary of RLA PEARL does the levelling of the growth in the Private Rented Sector (PRS) represent a new equilibrium in housing tenure? RLA researcher Nick Clay looks more carefully at the dynamics underneath the headline data.