Thursday, 5 February 2015

Landlords Won’t Put Up With Rent Controls – They’ll Leave the Market

The majority of private landlords would leave the private rented market if rent controls were introduced, leaving tenants even worse off than they are now, the Residential Landlords Association (RLA) has warned.  The organisation claimed that three out of five landlords would pull out of the market, or consider leaving it, if such steps were introduced. In a survey of over 1,000 of its members, the RLA found that 75% had either frozen or cut their rents last year, with 65% saying they intended to do so again this year. Read more on the RLA website.

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