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Do you need to remind tenants that a property inspection is due? NLA template le...

Facebook - 28 February 2015 - 3:42pm
Do you need to remind tenants that a property inspection is due? NLA template letters could be just the thing for you.
http://www.landlords.org.uk/services/nla-lettings-and-property-management/forms


NLA Forms | National Landlords Association
www.landlords.org.uk
NLA Associates receive full access to our expanding range of editable online tenancy agreements, forms and letters for FREE.

Want to know the latest details from the PRS? Why not attend one of our local me...

Facebook - 26 February 2015 - 2:42pm
Want to know the latest details from the PRS? Why not attend one of our local meetings.
http://www.landlords.org.uk/events-home


Events | National Landlords Association
www.landlords.org.uk
We provide a range of Courses and Meetings for landlords. Whether you attend a Landlord Development Course, one of our regional Branch Meetings, our annual Conference or another third-party event in association with NLA, we are sure you will agree, a gathering of like-minded landlords represents a g…

Do you know how to account for income from letting and renting property? Find...

Facebook - 24 February 2015 - 2:03pm
Do you know how to account for income from letting and renting property?

Find out more by signing up for the HMRC free webinars as soon as possible!
https://www.gov.uk/let-property-campaign


What is the HMRC’s let property campaign and find out how to make a voluntary disclosure
https://www.gov.uk/government/publications/let-property-campaign-your-guide-to-making-a-disclosure

Follow the guidance in HMRC’s free letting a property e-learning which gives information on different types of property income, how they’re taxed, key dates, record keeping and expenses
And most importantly, the webinars we have on offer.

http://www.hmrc.gov.uk/courses/syob2/letting/index.htm?WT.mc_id=govuk_letproperty6

Dial in to the MHRC free webinars to consolidate your knowledge, they are interactive so asking questions is welcomed!

The next HMRC Webinar on My Property Income is to take place next Wednesday 4 March at 15:00.

https://attendee.gotowebinar.com/register/3640341526786609665


Let Property Campaign - GOV.UK
www.gov.uk
The Let Property Campaign gives you an opportunity to bring your tax affairs up to date if you’re an individual landlord letting out residential property in the UK or abroad and to get the best possible terms to pay the tax you owe.

Make sure you get the right insurance, knowing which cover to get can be confusi...

Facebook - 24 February 2015 - 8:46am
Make sure you get the right insurance, knowing which cover to get can be confusing. #PRS #property #landlord
http://www.landlords.org.uk/services/nla-property-insurance


NLA Property Insurance | National Landlords Association
www.landlords.org.uk
As a landlord it is vital that you take out residential landlord property insurance as normal home insurance policies are not valid. NLA Property Insurance has been developed specifically for landlords, taking into account all your requirements.

Advice for landlords and tenants on how to control condensation and eliminate m...

Facebook - 22 February 2015 - 5:33pm
Advice for landlords and tenants on how to control condensation and eliminate mould in residential properties.

https://www.youtube.com/watch?v=wNEhelsq-Ss


Controlling Condensation and Mould Growth - an NLA Guide

Information and advice for landlords, tenants and households on how to control condensation and eliminate unpleasant mould in residential properties. For mor...

NLA Rent Manager is an online landlord software solution that allows you to bett...

Facebook - 21 February 2015 - 11:35am
NLA Rent Manager is an online landlord software solution that allows you to better manage every aspect of your rentals.

http://www.landlords.org.uk/services/nla-rent-manager


NLA Rent Manager | National Landlords Association
www.landlords.org.uk
Why you need NLA Rent Manager? Managing properties, income and tenancies can be difficult at times and always time consuming. If not managed well, issues such as poor cash-flow and late payments can contribute to towards small business failure.

The accidental landlord, Victoria Whitlock, says there’s no room for sentiment i...

Facebook - 20 February 2015 - 3:50pm
The accidental landlord, Victoria Whitlock, says there’s no room for sentiment in this business: bit.ly/1CNdCPw


bit.ly
www.homesandproperty.co.uk

We know that sourcing a new reliable supplier can be a time consuming task, so w...

Facebook - 19 February 2015 - 9:30am
We know that sourcing a new reliable supplier can be a time consuming task, so we've done it for you!

http://www.landlords.org.uk/services/suppliers


Recognised Suppliers | National Landlords Association
www.landlords.org.uk
There are certainly plenty of companies in the marketplace vying for your money!We don't want to tell you who you should use but we do want to try and help you narrow your search for a supplier.

Need a reason why you should join a landlord association? Have a look at our mem...

Facebook - 18 February 2015 - 11:30am
Need a reason why you should join a landlord association? Have a look at our member testimonials.

http://www.landlords.org.uk/membership/testimonials


Member Testimonials | National Landlords Association
www.landlords.org.uk
The most rewarding aspect of being a landlord is getting a sense of achievement in providing an essential service to people and developing skills both practical and intellectual to maximise returns on our property. The NLA has helped us a lot, in achieving this.Knowing that NLA is there to support u…

Have you read our latest blog which looks at rent control? https://nlauk.wordpr...

Facebook - 17 February 2015 - 9:23am
Have you read our latest blog which looks at rent control?

https://nlauk.wordpress.com/2015/02/16/rent-risk-resolve-part-four-rent-control/

If you’re concerned about the impact rent control could have on you, enter your questions via the survey which you can find here: http://www.landlords.org.uk/rentriskresolve?nla_referral=RRRFB

The NLA is holding a hustings event, on Monday 2 March, where there will be an opportunity to question policy leaders from all parties. The most popular questions, collected from our survey, will be presented at the event.


Rent Risk Resolve – Part four: Rent control
nlauk.wordpress.com
Past attempts For many years, rent control was considered an out-dated practice from a bygone age, with a history of failure and complications around the world. In the UK specifically, the various ...

Rent Risk Resolve – Part four: Rent control

NLA Blog - 16 February 2015 - 1:58pm

Past attempts

For many years, rent control was considered an out-dated practice from a bygone age, with a history of failure and complications around the world.

In the UK specifically, the various Acts which introduced rent control in the private-rented sector had a dramatic effect on the proportion of households renting from a private landlord. As the chart below illustrates, the sector shrank dramatically after the introduction of controls in the Rent and Mortgage Interest Restrictions Act 1939, and continued to decline as the legislation was tightened through the 1950s, 60s and 70s.   It was not until the reforms of the 1980s that the private-rented sector turned the corner.

Even so, the initial pace of change was slow.  The modern rented sector only really developed after the enactment of the Housing Act 1996 when the Assured Shorthold Tenancy became the default tenancy and lenders felt secure enough to expand mainstream lending to individuals.

Political agenda

Yet, despite the wealth of evidence to suggest that statutory price capping does far more harm than good to the supply and quality of rentals, it is back on the agenda for some politicians.

The appeal of price controls to politicians is simple. It is a basic concept, easy to understand and able to appeal to a certain group of voters with whom it is often difficult to engage. Unfortunately, while the concept is simple, the practical and economic consequences are incredibly complicated and difficult to model.

The impact

Those proposing rent control tend not to consider its impact on the wider society. The use of rent ceilings has been shown, time and time again, to reduce the quality and quantity of property available to rent legitimately, while fuelling the growth of a black market. It wasn’t difficult to find somewhere to rent in the 1980s, but few renters were ever offered a full tenancy, with all the protections that entailed.  For good or ill, many properties were let on a “licence to occupy”.

Were a future government to introduce such a policy after the May General Election, the impact would undoubtedly be a reduction in the the number of properties available to rent and the exit from the market of a large number of responsible landlords who simply are not prepared to deal with inevitable reduced income or the higher costs that will follow as service providers, such as mortgage lenders and insurance providers, seek to off-set their risk.

Rents will be held down as politicians – looking to gain votes – will be unwilling to face the wrath of five million private renters. As the cost of renting to the consumer sinks below the natural market rate, artificially kept below the level needed to ensure that the landlord can maintain it properly, and inevitably squeezing profitability out of the equation, people will vote with their feet. Investment will move away towards other markets and assets better able to provide a reasonable return.

Shortage of housing

The impact of this will be felt more widely than simply by those who rent or let. The issue we face in many parts of the country is a shortage of all types of property for people to live in. Rent control will not increase the number of properties; indeed, it will have the opposite effect, driving investment away from these areas and further reinforcing the divide between high and low demand areas, as developers will no longer be able to cover the risk of new projects by selling off-plan to landlords keen to invest in residential property. Unless there is an increase in first-time buyers willing, and – perhaps more crucially – able to buy to compensate, housing development will fall away, further restricting supply and making it even more difficult for those seeking housing, both to rent and to buy.

The policy of rent control has failed whenever it has been introduced; the re-introduction of rent control in the UK will fail and will cause more damage to the housing sector, and to those that need to be housed.

Be heard

If you’re concerned about the impact this could have on you, enter your question via the survey. The NLA is holding a hustings event, on Monday 2 March, where there will be an opportunity to question policy leaders from all parties. The most popular questions, collected from our survey, will be presented at the event.


Filed under: Campaign, Rent control Tagged: buy-to-let, Campaign, housing, rent, rent caps, Rent control, standards

Have you seen our video about managing the risk of rent arrears? https://www.y...

Facebook - 16 February 2015 - 12:29pm
Have you seen our video about managing the risk of rent arrears?

https://www.youtube.com/watch?v=aUx0OUq-nzA


Rent Risk Resolve - Arrears

This video is about managing the risk of rent arrears.

Reduce the risk of letting to unreliable tenants by carrying out a tenant check....

Facebook - 14 February 2015 - 11:28am
Reduce the risk of letting to unreliable tenants by carrying out a tenant check.

http://www.landlords.org.uk/services/nla-tenant-check


NLA Tenant Check | National Landlords Association
www.landlords.org.uk
Also, don’t forget to protect your rent! NLA Rent Protect policy can provide security in the event that you suffer unexpected issues with your tenant.

New buy-to-let rates from specialist lender Fleet Mortgages including HMO and Lt...

Facebook - 13 February 2015 - 4:20pm
New buy-to-let rates from specialist lender Fleet Mortgages including HMO and Ltd Co products – available now!

http://www.landlords.org.uk/services/nla-mortgages


NLA Mortgages | National Landlords Association
www.landlords.org.uk
NLA Mortgages Please read the information below to find out more about finding a mortgage or remortgage to suit your needs and how to apply. Step 1 - Loan Requirements The first section allows you to enter your basic mortgage details including the purchase price, loan required and the expected renta…

Deregulation Bill Update All the Government amendments regarding Tenancy Deposi...

Facebook - 12 February 2015 - 10:21am
Deregulation Bill Update

All the Government amendments regarding Tenancy Deposit Protection and Retaliatory Eviction were approved yesterday in the last day of the Deregulation Bill’s Report Stage.

http://www.landlords.org.uk/news-campaigns/news/deregulation-bill-update-tdp-and-retaliatory-eviction


Deregulation Bill Update (TDP and Retaliatory Eviction). | National Landlords Association
www.landlords.org.uk
All the Government amendments regarding Tenancy Deposit Protection (see here for a detailed explanation of what they mean) and Retaliatory Eviction were approved yesterday in the last day of the Deregulation Bill’s Report Stage. This Bill represents a double-edged sword for private landlords.

22% of UK landlords worried their tenants won’t be able to pay their rent. Prote...

Facebook - 10 February 2015 - 8:11am
22% of UK landlords worried their tenants won’t be able to pay their rent. Protect yourself against arrears.
http://www.landlords.org.uk/services/nla-rent-protect


NLA Rent Protect | National Landlords Association
www.landlords.org.uk
It covers you for up to £2500 per month in unpaid rental income and it covers legal costs to help you in the recovery of unpaid rent.

If you ever find yourself having to repossess your property make sure you do it...

Facebook - 7 February 2015 - 10:13am
If you ever find yourself having to repossess your property make sure you do it correctly.
http://www.landlords.org.uk/services/nla-property-repossession


NLA Property Repossession | National Landlords Association
www.landlords.org.uk
If you are looking to legally evict your tenant(s) and get your property back as quickly and as simply as possible, then contact our NLA Property Repossession team, who can help alleviate the pressure on you, and avoid elevated costs.

Do you know how to manage rent arrears? #landlord #PRS #letting https://www.you...

Facebook - 5 February 2015 - 4:12pm
Do you know how to manage rent arrears? #landlord #PRS #letting
https://www.youtube.com/watch?v=aUx0OUq-nzA


Rent Risk Resolve - Arrears

This video is about managing the risk of rent arrears.

http://www.theguardian.com/environment/2015/feb/05/landlords-draughty-homes-ban?...

Facebook - 5 February 2015 - 2:44pm
http://www.theguardian.com/environment/2015/feb/05/landlords-draughty-homes-ban?CMP=share_btn_fb


Landlords to be banned from letting UK's draughtiest homes
www.theguardian.com
New energy efficiency regulations could help around a million tenants who are currently paying £1,000 more than average on their energy bills

Are you having trouble finding reputable suppliers in your area? Have a look at...

Facebook - 4 February 2015 - 4:12pm
Are you having trouble finding reputable suppliers in your area? Have a look at our Local Supplier Scheme. #PRS
http://www.landlords.org.uk/services/local-suppliers


Local Suppliers | National Landlords Association
www.landlords.org.uk
With so much choice available, we know that finding the right supplier can be tricky and time consuming. This is why the NLA has developed a Local Supplier Scheme where we work with a number of businesses in your area that provide a range of products and services for landlords.
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