Keep attacking landlords and ‘you’ll lose them’
Summary
The article argues that landlords are facing increasing pressure from negative public sentiment, rising operating costs and a changing regulatory environment. It highlights concerns that measures linked to the Renters’ Rights Act, the planned PRS Database and a future PRS Landlord Ombudsman could contribute to landlords leaving the private rented sector or passing on costs through higher rents.
Why it matters
Residential property surveyors working in the private rented sector need to understand the direction of policy and cost pressures affecting landlord behaviour. These factors can influence rental supply, property condition, compliance expectations and the pace of disputes or transactions involving buy-to-let assets.
Key points
- Landlords are said to be under pressure from negative headlines and shifting regulation.
- Rising mortgage, insurance, repair, maintenance and compliance costs are cited as squeezing returns.
- The PRS Database is due to roll out later this year, with an annual registration fee still to be confirmed.
- Mandatory membership of a new PRS Landlord Ombudsman is expected to follow.
- The Renters’ Rights Act and abolition of Section 21 are expected to lengthen dispute processes.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
