NLA comments on Autumn Statement

David Salusbury, Chairman, National Landlords Association (NLA), commented on the Government’s Autumn Statement:

“The Government has pledged to support small businesses and encourage new investment with its Autumn Statement, but has missed a key opportunity to promote investment in affordable housing to rent by failing to extend the policy of income-tax relief to include landlords ready to invest in new residential property.

“One in five landlords is looking to invest in new housing for rent in the next 12 months, providing much needed accommodation at this time of high demand.

“With the Government acknowledging in the recently released Housing Strategy that “demand for rental housing likely to continue to rise”, and with nearly fifty thousand households in England living in temporary accommodation, incentives to increase the stock of well-managed, rental accommodation are essential.”

-ENDS-

For further information, please contact:
Dane Svenson, Press Officer, NLA
0207 840 8925
dane.svenson@landlords.org.uk


NOTES TO EDITORS:
The National Landlords Association (NLA) is the UK’s leading organisation for private-residential landlords. It has over 20,000 paid-up members, ranging from full-time landlords with large property portfolios to those with just a single letting. NLA membership helps landlords make a success of their lettings business by providing a wide range of information, advice and services. The NLA campaigns for the legitimate interests of landlords by seeking to influence decision-makers at all levels of government and by making landlords’ collective voice heard in the media. It seeks to raise standards in the private-rented sector while aiming to ensure that landlords are aware of their statutory rights and responsibilities. Based at its head office in Central London, the NLA currently employs over 40 full-time staff and has a network of more than 40 regional representatives and branches throughout the UK.