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.Read More
Housing Supply & Rents
Having access to a safe and secure home is a fundamental right for all. It is, however, becoming more apparent that the supply of housing in the UK is not satisfying demand. This has the potential to increase house prices and rents, and make housing unaffordable for those who need it most. Our research aims to understand the barriers to increasing housing supply and the changes in society that are removing homes from supply.
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.Read More
More landlords in Cardiff are letting out their properties as short-term holiday lets, making them no longer available for long-term renting following UK Government tax changes. The RLA’s research lab, PEARL, has found that the number of Airbnb listings have increased by a massive 259 per cent in Cardiff alone in comparison to last year.Read More
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.Read More
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