There has been a recurring theme in the conversations I have had with landlord clients in recent years. In addition to the adverse changes to mortgage interest relief and capital gains tax more and more regulations have been imposed on the market – in particular during the recent periods of lockdown – and tenants are perceived as having the advantage over the property owner.
Unfortunately landlords in the private residence sector are about to face a deluge of further regulations.
The proposals
A white paper published in June 2022 covers proposals to tighten the standard of property in the private rental market which further extends the rights of tenants. While the white paper is couched in terms of targeting unscrupulous landlords inevitably all landlords will be affected by proposals that impose a minimum standard of repair portable deposits and abolition of no fault...
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