photo credit: djprybyl
UK property investment landlords could see some favourable new rules after the government said rented accommodation was a “great help” to the country.
Iain Wright, minister with responsibility for the private rented sector, told a conference he wanted to see the industry
“not just survive over the coming months and years but thrive”
.
His comments come after some landlords criticised the government for what some see as unnecessary administrative measures, such as house of multiple occupancy (HMO) licensing.
Mr Wright was speaking at the first national conference of the National Landlords’ Association (NLA), held in Birmingham over the weekend.
He said the private rented sector had become “a great tool to help house the people of this country” and said any new legislation would target rogue operators rather than hamper growth.
David Salusbury, chairman of the NLA, said “constructive dialogue” with the government was crucial.
He said: “The trench warfare’, which has so often marked discussions between decision-makers and landlords, is now behind us.
“The Minister has re-affirmed what the NLA has known for years: the people who suffer the most from burdensome regulation are reputable landlords.”
The NLA, which has nearly 20,000 individual landlords as members, has been calling for more pressure on rogue landlords and less paperwork for those legitimately renting property.
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