Tuesday, 17 December 2019

What Will A Conservative Government Mean For Landlords?

The Conservatives have triumphed at the polls with a large majority – but what does this mean for landlords and the private rented sector? A commitment to abolishing Section 21, a stamp duty surcharge on non-UK residents and lifetime rental deposits were all key elements of the Conservative manifesto. On the PRS the Tories also said they will press forward with the roll-out of Universal Credit, bring an end to the benefit freeze and invest £9.2 billion in the energy efficiency of homes, schools and hospitals. A lifetime rental deposit scheme would see deposits transferred from one tenancy to another, rather than tenants having to save up for a ‘second deposit’ when moving house. Read more on the RLA website.
https://news.rla.org.uk/what-will-a-conservative-government-mean-for-landlords/

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