Landlords will face a Labour government keen on PRS reform

Beadle doffs his cap.

Ben Beadle often states"Tenants and responsible Landlords", suggesting there are irresponsible Landlords and no irresponsible Tenants.
He should state "Responsible Tenants and responsible Landlords"
Or simply "Tenants and Landlords"

Reply to the comment left by Ofer Moses at 05/07/2024 - 10:51
As a small-portfolio landlord I have very serious concerns about what Angela Rayner is going to come up with for the PRS. But at the same time they haven't got their proposals through parliament yet.

Even so, I'm pleased for the Scottish electorate that they saw through the SNP and effectively kicked them in to touch.

So labour are in with a major victory of about 412 seats but was it really. Labours vote share was only 34% vs Conservative 24% and Reform in third by 14%.

How can 4M votes only return 4 seats (Reform) whereas 9.6M votes return 412. That’s FPTP stable but un representation.

Anyway..

They really need to look at why they are in power and strongly reconsider what they are about to do to the PRS; manifesto are mostly lies anyway so doing a U turn on S21 wouldn’t surprise anyone. The next 5 years is going to be bumpy for landlords. NRLA needs to pipe up and put Rayner on a sensible path. I’m looking forward to seeing S21 banned on day one the first manifesto promises to be broken.

Reply to the comment left by Jason at 05/07/2024 - 11:07Yes - I cannot wait for Monday when S21 are banned. After that we learn the true metal of the labour government. Or a simple return to the bull… of politicians ! Serving my last S21 today. And with luck can sell up completely this tax year. Not prepared to accept any more uncertainty and certainly not prepared to be told what I can do with my assets.

Reply to the comment left by Jason at 05/07/2024 - 11:07
What normally happens after a labour election victory is that all the trade unionists committed to public ownership come out and call for nationalisation and all the communists crawl out of the woodwork and say that the labour party doesn't have to respect the election result either.

But you're right that 34% vote share isn't a mandate for extreme left wing policies and it needs to be remembered that even though this is the worst conservative election result in election history, labour has only just recovered from one of the worst labour results in election history 4 years ago. Keir Starmer has only won because there's an appetite for change stimulated by the likes of Liz Truss and because he's shifted the party towards the centre and right just as Tony Blair did.

In my view Keir Starmer would be well advised to move Angela Rayner "the red queen" from housing into something else where she can do less damage because he's got to try to survive two terms and if she is permitted to follow SNP-style policies they will backfire on him too soon. Also, because she bought her council house and sold it her attacks on the PRS look like hypocrisy. She has no credibility.
But whether he does this or not they haven't got their policies through yet.

That labour policy to force landlords to go to court and for the courts to decide whether the landlord's family would suffer more than the tenant's family was completely barking. That was extreme left-wing madness worthy of the SNP, who fortunately just got kicked out in Scotland. But at the moment we don't know whether they are going to do something that nuts and they can't get all their new legislation through quickly.

As Rayner can now do what she likes with no effective opposition we need strong organisations fighting our corner.
The only consolation is that Labour will reap what they sow and it may not be that pretty when more homeless people have to occupy our streets as a result of their policies.

Reply to the comment left by Beaver at 05/07/2024 - 11:25
Labour actually won 9 million votes , only 57% of the electorate actually voted down 9% on 2019 .
It took 19800 voters to elect each Labour MP , 45,000 to elect each Tory MP , 47500 to elect each Limp Dem MP , 390,000 votes elect each Green MP and 900,000 votes to elect each Reform MP .

There are 47 million people registered to vote in parliamentary elections and Labour actually only won 20% of the vote but won 64% of the seats .

with Labour winning big, it’s definitely shaking things up for landlords. Keir Starmer’s in as PM, and Angela Rayner’s gearing up to announce some housing policies soon. She’s been talking about building loads of new homes and changing up how the rental sector works, like getting rid of Section 21 evictions. But who knows how quickly all that will happen, right?

The housing market’s already feeling the pressure, with prices taking a little dip recently. The Conservatives really took a beating in this election, and even the Lib Dems made some gains. It’s interesting to see Reform picking up steam, too, with Nigel Farage leading the charge.

I’ve been hearing from folks in the industry, like Paul Shamplina from Landlord Action, who are predicting a rush of landlords serving Section 21 notices just to protect themselves before any new rules kick in. It makes sense—scrapping Section 21 overnight would be chaotic without fixing how courts handle these cases first.

Ben Beadle over at the National Residential Landlords Association seems cautiously optimistic, congratulating Labour while also stressing the need for fair reforms that don’t worsen the shortage of rental properties.

Oli Sherlock from Goodlord is spot-on about needing clear plans and consistent leadership in housing policy. We’ve seen too many changes in Housing Ministers lately, and stability is crucial for the sector.

It’s a pivotal moment for landlords and renters alike. How Labour navigates these changes will shape the rental market for years to come.

Reply to the comment left by Jason at 05/07/2024 - 11:07
Labour won't have the money to do many of their manifesto pledges, so they'll focus on the no cost pledges like abolishing Sec.21, requiring EPC "C", etc.