Landlords’ election choices uncertain amid housing policy concerns

Landlords’ election choices uncertain amid housing policy concerns

0:03 AM, 27th June 2024, About 3 days ago 10

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With just a week to go until the general election, landlords are sceptical about the housing policies of the political parties.

According to a survey by SpareRoom, almost two-thirds of landlords, (62%) have decided who they’re voting for already.

However, 62% of voters who have made up their minds are not optimistic about their choices. When asked which party has the best approach to housing policy, 30% of landlords said none of them, followed by 27% who were unsure.

Landlords support party that reinstates tax relief for landlords

According to the SpareRoom survey, 20% of landlords said the Conservative housing policy was the best, followed by 10% in favour of Labour and Reform just behind on 9%.

However, 7% of landlords said they wouldn’t be voting in this election.

The poll reveals that 83% of landlords would be more likely to support a party that reinstates tax relief for landlords.

The housing crisis (61%) came third in a list of key issues to be addressed by the government, with landlords putting the NHS (70%) and the cost of living crisis (64%) ahead of housing.

When it comes to the priority actions landlords want to see the new government implement, top of the list was ‘reinstate tax reliefs for private landlords’ (73%), followed by ‘get rid of 3% stamp duty for second homes if they are rental properties’ (65%) and ‘retain Section 21’ (63%).

Landlords and renters to have their say

SpareRoom director, Matt Hutchinson highlights a significant gap between landlords’ voting decisions and their confidence in housing policies.

He said: “Based on the data it seems that only around 30% of landlords are confident in their vote next week.

“Whilst more than twice as many have already decided which party to vote for, the stats indicate a discrepancy between landlords knowing who they’re going to vote for, and landlords believing in the housing policies of the party they’ll be voting for.

“Either way, the general election is prime time for both landlords and renters to have their say and drive for change.”

Partying ahead of politics

In a separate survey by SpareRoom, renters were asked about their top priorities in a flatmate.

The survey reveals that partying comes ahead of politics when it comes to flatmate-hunting. Only 9% of renters considered ‘similar political views’ important, ranking it fourteenth on their list.

Factors like shared attitudes towards hosting parties or keeping the place tidy (57%) and mutual standards of cleanliness (78%) were much more significant to them.


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Comments

Cider Drinker

8:55 AM, 27th June 2024, About 3 days ago

It’s vital that everybody votes.

Labour will form the next election. This is a disaster for the country so it’s essential that we have a strong and credible Opposition. The Tories have proven that they are neither strong nor credible.

I’ll be voting Reform UK because I’d like them to be the Opposition.

Labour keep banging about ‘change’. It’s not change that is needed. Our politics needs ‘reform’.

JB

10:37 AM, 27th June 2024, About 2 days ago

It seems the landlords surveyed were not very well informed. Reform UK will abolish the section 24 tax grab and will not progress the Renters Reform Bill. This is a completely different offering from the other parties

Peter Fredericks

12:01 PM, 27th June 2024, About 2 days ago

Agreed Reform has much more to offer.
And why support the Tories when they have done so much damage to the sector and made such a mess of running the country..

Stella

13:55 PM, 27th June 2024, About 2 days ago

Reply to the comment left by Cider Drinker at 27/06/2024 - 08:55I still think Reform will not have many seats unfortunately, so why waste your vote and help disasterous Labour to win.

Karen

17:17 PM, 27th June 2024, About 2 days ago

Reply to the comment left by JB at 27/06/2024 - 10:37
I despair that people do not even look into what the proposed policies are of the different parties.

havens havens

17:23 PM, 27th June 2024, About 2 days ago

A lot of are pretty skeptical about the housing policies from the political parties. A SpareRoom survey found that while 62% of landlords have made up their minds on who to vote for, most aren't thrilled with their options. Interestingly, about 30% think no party has the best housing policy, and 27% are still unsure.

One big thing that stood out is that 83% of landlords would support a party that brings back tax relief for landlords. The top priorities are bringing back tax reliefs, getting rid of the 3% stamp duty on rental properties, and keeping Section 21.

Matt Hutchinson from SpareRoom mentioned that there's a real disconnect between landlords’ voting choices and their confidence in those housing policies. Only about 30% feel confident about their vote.

On the flip side, for renters, another SpareRoom survey showed that things like cleanliness and party habits are more important than political views when choosing flatmates.

So, this election is a big deal for both landlords and renters to voice what they need and push for changes that could really affect their housing situations. Make sure to keep an eye on it!

Cider Drinker

18:57 PM, 27th June 2024, About 2 days ago

Reply to the comment left by Stella at 27/06/2024 - 13:55
What you think doesn’t affect my thinking.

I resigned my membership of the Conservative Party when Sunak was appointed PM without a vote.

The Conservatives have been a disaster for the PRS.

Labour will be a disaster for everybody.

I’d argue that a Conservative vote is a wasted vote. So, thank you, but I’ll be voting with my conscience.

Stella

21:01 PM, 27th June 2024, About 2 days ago

Reply to the comment left by Cider Drinker at 27/06/2024 - 18:57
I take your point conservatives and labour are a disaster and of course you must vote with your consciemce.

My main problem is the of CGT that Labour will hit us with and I am hoping the conservatives will at least not increase it further but I dont think that either of them deserve our vote.

Reform this time around will gain a lot of votes but not a lot of seats and unfortunately will therefore not have nuch influence.
I would be delighted if I were to be proved wrong.

Monty Bodkin

10:07 AM, 28th June 2024, About A day ago

"so why waste your vote and help disasterous Labour to win."

It depends which constituency you are in Stella. Vote tactically in a first past the post system.

For instance if you are in Clacton vote Reform, Somerset NE Cons, Sheffield Hallam Lib Dem.

Stella

10:43 AM, 28th June 2024, About A day ago

Reply to the comment left by Monty Bodkin at 28/06/2024 - 10:07
Agreed this has to be done intellingently if we are to have any impact on the Labour vote.

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