Tag: Longer Term Tenancies

Longer Term Tenancies in the Private Rented Sector

This research explores the experiences and attitudes of private landlords to longer-term tenancies in the private rented sector (PRS). We focus on the current barriers to landlords offering longer tenancies and their thoughts on the UK Government’s proposed three-year tenancy model as detailed in the Government Consultation on the Barriers to Longer-Term Tenancies in the Private Rented Sector.

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Supporting private landlords not pushing them out is key for a modern sector of the future

Our findings are showing that landlord sentiment to the sector and investments is deteriorating. We estimate on top of the 46,000 privately rented homes that have already been lost (MHCLG, 2018), there will be a further net loss of 133,000 homes to rent. We need to move to a broader but fair reform of private renting; with improved access to justice for landlords and tenants, expanded options for security of tenure, and reformed taxation policy that supports not penalise private landlords.

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The Impact of Taxation Reform on Private Landlords

The past two decades have seen the rapid development and growth of the private rented sector in the UK. Between 2001/02 and 2011/12 the sector has doubled in size and now accounts for 20% of households in England (MCHLG, 2018). The Government are implementing major changes to the taxation of the private rented sector, including changes to mortgage interest relief. This report builds upon previous research into the experiences of landlords and their attitudes toward the future.

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