RLA PEARL: A Year in Review

It has been a year since we launched RLA PEARL and in this short time, we have achieved a lot, and at a time when the political focus on the private rented sector is intensifying. In this blog post, we review our activities, successes and impacts over this past year.

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Launch of Q2 2018 State of the PRS Quarterly Survey

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Supporting private landlords not pushing them out is key for a modern sector of the future
Construction site of a new development in north Greenwich, London

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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Landlords plan to increase rents to offset government tax changes

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Right to Rent: When Government policy blurs the lines between state and citizen

The current top two political issues on the agenda are Brexit and Housing, with increasing attention being directed to policy changes in the private rented sector (PRS). However, our research identifies that government policies are having unintended consequences that could be making it more difficult for many tenants to find a home to rent.

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Government needs to lay the foundations of investment in tomorrow’s budget

Without supporting investment, removing tax disincentives (like MIR changes) and encouraging landlords to remain in the sector, there will be a squeeze on prices as supply tumbles. If the Government is truly committed to building more homes, the foundations for investment across all tenures must be put in place.

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Can the government regain the confidence of Landlords?

The private rented sector has experienced significant change over the past 2 years; from regulative change to the reform of taxation. All at a time when the private rented sector is increasingly important in the provision of homes for millions of people.

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