Articles by Nick Clay
Rent controls - evidence says "no"
Across Western Europe and North America there is continued interest in applying rent controls in the Private Rented Sector (PRS). This post looks at our report on the experience of rent controls in Europe and the USA. Rent control policies where they exist have not slowed down rent growth - indeed the opposite may be true.
Landlord Confidence Index (LCI) No.1: 2019 Q1
This is the first Landlord Confidence Index (LCI). It is drawn from our quarterly survey series - State of the PRS. It provides a snapshot of landlords current atitudes, motivations and behaviours in respect of their landlord business and the Private Rented Sector (PRS) in general.
Landlord Confidence Index (LCI) No.2: 2019 Q2
This is a full draft version of the forthcoming Landlords' Confidence Index (LCI). It aims to provide a snapshot of Landlord confidence. It is being produced at a time when landlords face pressure from governments. Tax changes, regulation change and the threat of adverse legal reforms are now threatening the supply of homes in the Private rented Sector.
Landlord Confidence Index (LCI) No.3: 2019 Q3
This is the first full edition of the RLA's Landlord Confidence Index (LCI). The LCI provides a snapshot of the actions and likely future response of landlords to the current market environment. The LCI is drawn from a national (England & Wales) survey of around 2,000 landlords.
Landlord Confidence Index (LCI) No.4: 2019 Q4
Whilst the 2019 Q4 Landlords' Confidence Index (LCI) shows some improvement in optimism, it is relative. The proportion of landlords feeling less optimistic continues to be greater than those feeling more optimistic. 2019 was a year in which landlords took a battering from the legislature, and 2020 is not yet likely to offer any respite.
Landlord Confidence Index (LCI) No.5: 2020 Q1
This is the Quarter 1 Landlord Confidence Index. It considers the motivations, behaviours and key decsisions landlords are taking. It provides a barometer of supply side confidence in the Private Rented Sector.
From ideas to reality: longer term tenancies and rent stabilisation
The duration of tenancies in the PRS is growing across age groups. So too is the profile of landlords. Recent research by the LSE looks at how these factors highlight the inadequacies of the current landlord-tenant relationship. There is an argument for reform, but only when backed up by proper enforcement.
Bright lights amid gloomy covid outlook- landlords provide helping hand for tenants
Over the first weekend in May, the NRLA undertook its second survey of landlords examining the impact of the coronavirus on the Private Rented Sector (PRS). Over 4,500 landlords responded. Landlords face reductions in rental income, extended void periods and difficulties in getting repairs done. Our members remain supportive of tenants, and receptive to tenant requests.
Landlords & their sparing use of Section 21: The evidence is clear & consistent
This post reviews a range of landlord surveys which have investigated their use of Section 21. Despite the range of samples, methodologies, and responses in these studies a consistent pattern emerges. A typical landlord rarely uses Section 21. When they do so, it reflects frustration with alternatives.
State of the PRS - 2018, Quarter 4
The quarterly landlords' survey undertaken in December 2018 and January 2019 was open to both members of the RLA and the wider landlord community. This survey focused on Finance & Investment. Those who completed the survey on-line were asked their views on a series of topics. Over 2,400 responses were collected.