Renters Reform - What Labour Intends
Posted on 22nd July 2024 at 18:50
In addition, with Labour heavily backing a ‘green’ agenda and pledging to invest £6.6 billion over the next five years into their Warm Homes Plan, it’s also likely that EPCs for rental properties will need to have a minimum C rating in the near future.
From our perspective though, good landlords have little to fear from these changes and if the new government does get to grips with the economy and provide stability, this will support the property market and help make renting much easier and less volatile.
Of course, we are keen to work with the new government to:
Reassess how good landlords are taxed so, together, we can tackle the undersupply of rental homes in both the social and private sectors.
Give clear and reasonable guidelines on energy efficiency, with realistic and manageable timeframes to create more sustainability.
Create housing policies that provide stability and tackle the real issues in the sector.
But it's likely that we will have to wait until the State Opening of Parliament and the King’s Speech on Wednesday 17th July, to find out exactly what the government will prioritise in their first 100 days and beyond.
If you would like to have a chat myself or sarah please feel free to email us on the below emails seen below.
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