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CLA says more red tape will mean fewer homes to rent

News, Property

CLA says more red tape will mean fewer homes to rent
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The CLA has warned the Government that extra regulations on landlords could lead to a housing shortfall in the private rented sector.

Giving evidence on behalf of private rural landlords at a housing inquiry for the influential Communities and Local Government Select Committee, CLA President Harry Cotterell said: "Mandatory registration of landlords and rent controls proposed by the Government would be a disincentive for landlords to rent out properties and could lead to a decrease in supply in the private rented sector.

"CLA members let more than one third of housing in rural areas, often choosing to let property at sub-market rents or on long-term tenancies to secure longer rental revenues and ensure community sustainability.”

The CLA President added: "Tax is a major barrier that stops more housing being made available on private land. The CLA also advocates a series of tax reliefs to encourage more private rental properties being brought to the market."

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