A Piece of EnglandA UK buy to let property blog |
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A Piece of EnglandA UK buy to let property blog |
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The government has announce the most fundamental changes to the private rental sector in over 30 years. Should landlords be worried? The long awaited Rental Reform White Paper was published yesterday, setting out the government's plans for a radical reshaping of the relationship between landlords and the country's 4.4 million private tenants. The Renters Reform Bill is a game changer The governments sets out its main aims as -
Proposed actions -
Many of the provisions in the White Paper reflect what is already considered to be best practice by the majority of property investors and property managers. Indeed, a good relationship between landlords and tenants is one of mutual benefit. What the proposals will achieve is to ensure that those best practices are more widely adopted than is currently the case. With over 4 million people living in privately rented accommodation, the sector is a key part of England's housing mix. The implementation of high standards will ensure that it remains so. Details are available on the Government website A Fairer Private Rented Sector. The full White Paper is available in pdf Kindly note that the proposals relate only to England. Housing policy for Scotland, Wales and Northern Ireland falls within the devolved powers. Comments are closed.
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Specialist Sheltered Housing 6% NET Rental Yield
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17/6/2022