{"id":6609,"date":"2019-12-02T14:06:33","date_gmt":"2019-12-02T14:06:33","guid":{"rendered":"https:\/\/dev.withcreative.co.uk\/lforl\/?p=6609"},"modified":"2019-12-02T14:06:33","modified_gmt":"2019-12-02T14:06:33","slug":"sim-sekhon-asks-wheres-the-long-term-strategy","status":"publish","type":"post","link":"https:\/\/dev.withcreative.co.uk\/lforl\/sim-sekhon-asks-wheres-the-long-term-strategy\/","title":{"rendered":"Sim Sekhon asks: Where\u2019s the long-term strategy?"},"content":{"rendered":"

\"\"<\/a>
\nStudying the major parties\u2019 manifestos ahead of the election could cause landlords a considerable amount of stress. The Conservatives renew their opposition to the no-fault eviction and declare a drive to promote home-ownership. The Labour meanwhile champions the idea of annual property inspections and \u00a3100,000 fines for landlords who commit a single offence.<\/p>\n

We all know that there\u2019s a huge amount of difference between a manifesto promise and what eventually ends up on the statute book. But there is precious little in either the Tory or Labour proposals to gladden the heart of the decent landlord. Can you comprehend another industry which contributes so much to the country\u2019s revenues, getting the same battering as the PRS? I can\u2019t.<\/p>\n

I know that this country has a massive housing shortage, but private landlords are not the cause of that. The issues are long term. There\u2019s a trend towards smaller household sizes and an increasing population. There are land-use issues and all the complications of planning and a market economy. These are the big issues \u2013 fundamental issues \u2013 that go far beyond the party politics and current arguments about lifetime deposits and dispute resolution. And it\u2019s the big issues that the politicians should be thinking of, rather than this constant mud-slinging and knee-jerk changes.<\/p>\n

Should the buy-to-let landlord whose only realistic option for a secure pension is investing in property be vilified? Absolutely not. Should the property business which provides high-quality housing be tarred and condemned because there are some unscrupulous operators in the market? Of course not. And yet we see more and more rhetoric, regulations and proposed legislation \u2013 the majority of which doesn\u2019t do anything at all to rein in the activities of the rogue landlord, but simply penalises the suppliers of housing.<\/p>\n

Landlords are a political football because housing is highly emotive. Tenants\u2019 issues make good headlines and political capital, but much of the criticism is unfair. There is, undoubtedly, a lot of resentment felt towards those who take a risk and invest their earnings in a rental property. That\u2019s despite the reality of returns that are often modest. Landlords may even end up out of pocket, cheated and defrauded \u2013 but that doesn\u2019t very often make the news. If instead of investing in property, the individual put their money into a business start-up, they would be applauded for their enterprise, but as a landlord, you\u2019ll face a different reception.<\/p>\n

Everything that\u2019s being talked about in the run-up to the election,\u00a0 whether it comes to pass or not, is in reaction to where we are perceived<\/em> to be now \u2013 often by people with limited understanding. It\u2019s not thinking about what is best for the country and what is possible and sustainable in the longer term. I believe it\u2019s time for a grown-up debate. Let\u2019s find out whether the very idea of a private rental sector is abhorrent to those in Westminster and if it is, let\u2019s see what alternatives they can come up with that cope with this country\u2019s changing demographics. If home-ownership is the only politically acceptable model, let\u2019s start talking about how to make that happen when the issues of supply and demand continue to operate.<\/p>\n","protected":false},"excerpt":{"rendered":"

Studying the major parties\u2019 manifestos ahead of the election could cause landlords a considerable amount of stress. The Conservatives renew their opposition to the no-fault eviction and declare a drive to promote home-ownership. The Labour meanwhile champions the idea of annual property inspections and \u00a3100,000 fines for landlords who commit a single offence. We all […]<\/p>\n","protected":false},"author":2,"featured_media":6610,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[63,2081,2183,21],"yoast_head":"\nSim Sekhon asks: Where\u2019s the long-term strategy? - Legal For Landlords<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.withcreative.co.uk\/lforl\/sim-sekhon-asks-wheres-the-long-term-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sim Sekhon asks: Where\u2019s the long-term strategy? - Legal For Landlords\" \/>\n<meta property=\"og:description\" content=\"Studying the major parties\u2019 manifestos ahead of the election could cause landlords a considerable amount of stress. 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