The Residential Landlords Association (RLA) has launched its London Mayoral Manifesto which sets out its hopes for the private rented sector. The Landlords4London document details what the RLA believes to be priorities for the successful London mayoral candidate in regard to supporting the private rented sector.
The RLA discourages rent controls and encourages better legislation enforcement and flexible tenancies. It opposes rent controls as they will limit supply and would like the successful candidate to look at enforcing existing legislation more effectively to tackle rogue landlords rather than constantly introducing more regulations.
The RLA also want the new Mayor to commit to encouraging investment in the private rented sector. Chairman Alan Ward says “The private rented sector is a vital provider of housing in the capital, with a huge shortfall of social housing and spiraling house prices. After the hammering buy-to-let landlords have taken at the hands of the Chancellor, we want the successful mayoral candidate to recognize the essential role these landlords play in tackling London’s housing crisis.”