Landlord Natter: All in all, it’s just another brick in the wall

Landlord Natter: All in all, it’s just another brick in the wall


Todays other news
This is according to Propertymark, the letting agents’ trade body...
The charity's deputy director has criticised the idea...
Council tax premiums on second homes have failed to deliver...
Landlords can justify their valuation with comments to the agent,...
Exhibitors are demanding wider audiences...
Landlord Natter logo with orange background and bold text.

There was a time when landlords would debate each new government housing proposal on its own merits.

Judging by this week’s comments, that time has passed.

Advertisement

Instead, many readers now see every new report, every new database, every fresh enforcement power and every additional regulation as part of something much bigger. Viewed in isolation, each proposal may appear perfectly reasonable. Viewed together, however, they create a picture that many landlords find increasingly difficult to look at dispassionately.

Advertisement

This week it was the turn of the committee of MPs that scrutinise the Housing Ministry, who called for tougher regulation of the private rented sector, including stronger enforcement of the Decent Homes Standard, faster implementation of Awaab’s Law, wider licensing powers and more resources for councils to police the rules.

Advertisement

Shortly after publication, the blue touchpaper was alight.

Johnmhughes described it as “yet another report” making recommendations that, in his view, piled further pressure on landlords. Ray Smith reached for a different word. “Relentless,” he wrote, arguing that the regulations, the costs and the political pressure all seemed to be moving in one direction.

Advertisement

Perhaps Richard LeFrak best captured the wider mood.

“The conclusion always seems to be the same,” he observed. “More regulation, more enforcement, more penalties, more licensing.”

Advertisement

That sentiment cropped up repeatedly. Very few contributors argued against tackling genuinely rogue landlords. What they questioned was whether the solution to every housing problem now appears to involve another compliance requirement for those already trying to play by the rules.

Tricia Urquhart neatly turned one of the report’s central arguments on its head.

“Tenants DO need more protection,” she wrote. “From the Government.”

Others questioned whether Parliament was learning the right lessons. Annoyed Landlord pointed out that Awaab’s Law arose from tragic failings in the social housing sector, asking why private landlords increasingly appeared to be carrying the weight of reforms prompted elsewhere.

Running through almost every comment was a sense that the pressure no longer comes from one direction.

Westminster introduces the legislation. Local authorities increasingly become responsible for licensing, inspections, enforcement notices and financial penalties. Together they create a regulatory environment that many smaller landlords say feels less like oversight and more like intrusion.

There is, of course, another way of looking at all this.

Successive governments have made little secret of their desire to create a more ‘professional’ private rented sector. Better standards, clearer accountability and stronger enforcement against rogue landlords are all difficult to argue against. But professionalisation has consequences.

The systems, reporting requirements and compliance costs associated with modern letting are far easier to absorb if you own dozens of properties than if you own just one or two. Whether by design or by consequence, many smaller landlords increasingly feel they are becoming collateral damage in a framework better suited to larger, professionally managed businesses.

That helps explain why the tone of this week’s comments felt subtly different.

There was certainly frustration. But there was also resignation.

Readers were no longer reacting to one announcement. They were reacting to the accumulation of dozens made over many years. Licensing. Taxation. EPCs. The Renters’ Rights Act. Databases. Enforcement. Penalties.

None of them, individually, is necessarily enough to persuade someone to sell.

Together, however, they tell a story and judging by this week’s comments, many landlords no longer see individual policy announcements.

They simply see… another brick in the wall.

Until next time,

N

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Woman with three dogs sitting on a white sofa in a bright living room.
There's been a survey of landlords and tenants - with...
House for rent sign in front of a blurred residential property.
Labour has taken steps to distance itself from rent control,...
Mari Knowles ia a member of ALEP (the Association of...
Allison Thompson is Chief Lettings Officer at Leaders, part of...
The warning says no landlord, anywhere, is immune from the...
Tenants are increasingly discerning, claims the agent...
A prominent agent says he’s expecting a “significant shift” in...
Recommended for you
Latest Features
Emily Coltman FCA is Chief Accountant at FreeAgent...
Can a landlord database tackle rogue operators, or will it...
There's been a survey of landlords and tenants - with...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.