Labour confirms its EPC plan for landlords – Propertymark calls for ‘incentives’

I totally renovated my Victorian property for Tennant's and still only just made EPC rating D !! ...it's virtually impossible to get to C in older properties...does this mean I will have to sell up ?

I doubt they'll screw up the economy big time ( the 2008 thing about no money is a myth BTW) - but they will squeeze middle earners for all they can get
Incl LLs
If EPC is brought in they'll be need to be a period of grace - and it will need to be a big one as they'll be a lack of available workman to do it

I found labour keep pushing landlords daily with new things, feeling like im living in communist country, every asset belongs to the state, i have a property recently refurbished but im scared to rent out, im waiting and reading more about how can i securely rent out.
Including a grantor or even turn to bnb simple. Gov should build the 1M house promised, so people who are poor can afford living in social housing.

People on benefits will get hit the hardest.
Often we landlords are willing to compromise with good tenants to a win win situation where they the tanent can save some money we landlords can get our rent on time.

Surely the fuel poverty is caused by the extortionate cost of our utilities presently, probably plenty of landlords and everyone else suffering huge bills! Absolute muppets.

Reply to the comment left by Paul Lythgoe at 07/08/2024 - 22:46
It depends upon whether either the opposition or the house of lords makes them see sense and realise that driving choice out of the rental market drives rents up.

Reply to the comment left by Beaver at 08/08/2024 - 11:30In case you’ve not noticed yet Labour have a 167 seat majority and can do whatever they want. And ultimately The Commons can ignore The House Of Lords and force legislation through.

Reply to the comment left by Dylan Morris at 08/08/2024 - 11:42
The house of lords is able to slow things down and send legislation back to the commons to be amended.

So for example...the Red Queen proposal that I understand to be a requirement that if as a landlord you want to get your property back you have to go to a tribunal and the tribunal decides whether the tenant's family or your family will suffer more (unless I've misunderstood the proposal). That of course is an extremely left-wing proposal. However, Keir Starmer is a lawyer and ex head of the CPS. If that proposal were to be implemented unamended it would tie the courts up for years. Keir Starmer will understand that. And there is probably somebody competent in the house of lords who will be able to say that.

And Rachel Reeves is our first female chancellor who has apparently said that she aspires to be an iron chancellor....echoes of Gordon Brown there. She has a lot of skin in the game and if things go t**s up very, very quickly she is going to discredit her sex in the eyes of a chunk of the electorate. So any proposals on housing that the Red Queen comes up with still have to be affordable.....by somebody...i.e. not just the 'affordable housing' label...house building that can actually be *financed* by somebody other than a government that hasn't got the resources.

Immigration is high up the agenda at the moment and there is a link with the availability of housing.
Labour will already understand both what a low proportion of the vote they received at the recent election and also just how fickle the electorate is... If they create the same amount of damage that the SNP did in a short period of time in Scotland with their rent controls then the electorate will punish them for that quickly.

Reply to the comment left by Reluctant Landlord at 07/08/2024 - 09:48
Well, the next general election will be August 2029. So am not sure why you think they'll be long gone!