21st Sep, 2015
Last week saw housing Minister Brandon Lewis vow to crack down on rogue landlords.
Speaking at the RESI conference held at the Celtic Manor resort in Newport, Wales, Lewis said the government was committed to “driving rogue landlords out of business”, without harming the increased appetite for the buy-to-let market.
Lewis told the conference: “We will crack down on rogue landlords and drive them out of business.
“But we will never jeopardise the new appetite for investment in this sector with red tape and unnecessary regulation.
“That would simply undo the good work of the last five years – a journey that has taken this country from the brink of bankruptcy to the fastest growing advanced economy in the world.
“Businesses are growing, more people are in work than ever before, and living standards are rising. Our plans for devolution will give cities, towns and counties across the country the power to galvanise their local economies, deliver more homes, and provide a better business environment.”
Lewis’ comments follow a government consultation and technical discussion paper which focussed on targeting rogue landlords and letting agents in the private rented sector.
During the consultation the Chartered Institute for Environmental Health said a “fundamental review of the entire legislative framework” was required to tackle the issue.
In his response to the consultation, Mayor of London Boris Johnson called on the government to force portals to carry information about specific letting agent fees.
Source : PropertyIndustry Eye
Image Source : Pixabay
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