Landlord organisation proposes Tenant-Landlord Partnership Bill to tackle rental crisis

Landlord organisation proposes Tenant-Landlord Partnership Bill to tackle rental crisis

0:01 AM, 13th September 2024, About 6 hours ago

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A landlord organisation is urging the Labour government to avoid taking “a piecemeal view of housing” and address the rental crisis head-on.

iHowz is presenting its proposals to MPs and Lords on what the rental sector needs, including a new Tenant-Landlord Partnership Bill.

iHowz’s proposals include fair taxation for landlords and retaining fixed-term tenancies.

Successive governments have taken a piecemeal view of housing

The landlord organisation is calling on the government to introduce a Tenant Landlord Partnership Bill to balance the rights and responsibilities of both tenants and landlords.

The organisation said: “iHowz advocates for a comprehensive ‘root and branch’ review of the current rental system, proposing a ‘Tenant Landlord Partnership Bill’. This review must address the significant issues within the PRS and avoid mere superficial changes.

“Successive governments have taken a piecemeal view of housing, especially the private rented sector (PRS). iHowz landlord association are firmly of the view that this new government has a perfect opportunity to take a holistic view, across all the different departments.”

The organisation is calling on different government departments such as the Ministry of Housing, Communities and Local Government (MHCLG), the Treasury and the Ministry of Justice to work together to support the private rented sector.

Fairer tax breaks for landlords

iHowz is also demanding a review of the tax regime, arguing that it contributes to the loss of rental supply.

The organisation is pushing for fairer taxes for landlords, including some tax breaks. They suggest landlords who house homeless people should get 12 months of tax relief for that rental, and those charging rent at or below the LHA rate should get a 50% tax discount on that property.

Other proposals include removing the surcharge on capital gains tax for landlords and eliminating the extra Stamp Duty on additional properties they buy.

For no-fault evictions, iHowz is proposing a new rule in Section 8 that would allow these types of evictions. If it’s used, tenants would get the last two months rent-free as compensation.

The full list of proposals can be found here


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