The RLA teamed up with the Scottish Association of Landlords (SAL) to give landlords and letting agents in Scotland a chance to give their views on the recent tenancy and possession reforms introduced by Holyrood. The system is new, there are concerns but there are clearly elements of the new system which are welcomed. However there is still much to do before landlords would agree the new system could be considered "a success".
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.
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 broader economic environment remains somewhat bleak, but rather than allow this to add to the gloom, Nick Clay, suggests the positive relationships RLA members have with tenants will see them through these less certain times.
The RLA has been aware of pressure to reform legislation which impacts on the Private Rented Sector (PRS). Yet Section 21 is a commonly used mechanism by landlords: This note reviews the 2018 Quarter 4 survey to better understand the reasons why Section 21 is needed.
It has been a year since we launched RLA PEARL, the RLA's research lab. Scrutiny of the private rented sector is at an all-time high. For #PEARLweek we've been reviewing the past research, and now we look at how we could improve the private rented sector in the future to ensure that it works for both landlords and tenants.
It has been a year since we launched the RLA PEARL, the RLA's research lab. One of our most high-profile research projects has been our investigations into short-term lettings and the movement of properties from the long-term residential market to the short-term holiday market. As part of #PEARLweek, we review our research findings and explore if we need to worry about short-term lettings, read on to find out more.
Our latest research has found that landlords with F or G rated properties are struggling to afford to bring their property up to at least an E rating. We argue that tax reform would improve property conditions by allowing improvements to be tax deductible against income tax, rather than Capital Gains Tax.
The PRS has grown significantly in size over the last twenty years and now plays a vital role in providing a home for those on low-incomes and the homeless. Recently, there have been a lot of policy changes that affect the most vulnerable in society and their ability to access a safe and secure home in the PRS. We review our research and activities to date and look to what the future could hold.