Boris Johnson is now our Prime Minister. The question is what can the Private Rented Sector (PRS) expect from our new PM and will there be any spare capacity or time to effect any changes with a promise to leave the EU by Halloween? What do we know so far?
Boris has indicated his interest in switching Stamp Duty liability from the house buyer to the seller.
He is known to be keen to expand home ownership and seems to be willing to loosen fiscal responsibility so will he look to build more homes and extend Right to Buy?
We do know for sure that he is against rent controls.
John Stewart, RLA policy manager said: “As Mayor of London Boris Johnson spoke of not over-regulating the rental market, and for the need to boost the supply of homes to rent. As Prime Minister, it is vital that his government makes good on this sentiment, ensuring policy boosts the supply of homes to rent, supports the vast majority of landlords doing a good job whilst focusing resources on finding and rooting out the crooks.”