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The latest articles relating to the private rented sector

NRLA: Budget 2024 fails to deal with PRS supply crisis

Today's budget has failed to introduce the pro-growth measures needed to help tackle the current housing crisis. Chancellor Jeremy Hunt MP announced a number of changes which will affect landlords, but failed to introduce bold proposals - such as changes to stamp duty and the reintroduction of mortgage interest relief - that could encourage landlords to stay in the sector and continue to invest.

Industry News NRLA Communications Team 06/03/2024
NRLA: Budget 2024 fails to deal with PRS supply crisis

Budget 2024: First Thoughts

As a prelude to the General Election, Jeremy Hunt may or may not have pulled sufficient rabbits from his hat to nudge the general public’s dial depending on their own personal politics. But what about housing. Has the Chancellor done enough to satisfy private landlords?

Insights and Opinions Chris Norris 06/03/2024
Budget 2024: First Thoughts

Landlords respond to reports of holiday lets tax raid

Responding to reports that the Chancellor is considering increasing taxes on holiday let accommodation, Chief Executive of the NRLA Ben Beadle says that the Chancellor needs to address the chronic shortage of long-term rentals by attracting new landlords to the market, and squeezing holiday lets is not the answer.

Industry News NRLA Communications Team 04/03/2024
Landlords respond to reports of holiday lets tax raid

Budget must fix broken housing benefit system

Warning comes as almost a million private rented households have a gap between housing benefit payments and the rents they pay.

Industry News NRLA Communications Team 01/03/2024
Budget must fix broken housing benefit system

Budget 2024: What can we expect to see?

The Chancellor is due to deliver his Budget on 6 March 2024, less than four months after last year’s Autumn Statement. In what could be the last financial statement before a general election, Senior Campaigns and Public Affairs Officer, Eleanor Bateman, considers what the Chancellor’s plans might include as well as what the NRLA wants to see.

Industry News Eleanor Bateman 01/03/2024
Budget 2024: What can we expect to see?

Leasehold Bill: Reform plans reach the Lords

The Leasehold and Freehold Reform Bill finished its passage through the Commons this week, with yet more amendments tabled. Senior Campaigns and Public Affairs Officer, Eleanor Bateman, summarises the latest debate and outlines what may lie ahead.

Industry News Eleanor Bateman 29/02/2024
Leasehold Bill: Reform plans reach the Lords

NRLA supporting Ukrainian refugee charity

Two years on, the war in Ukraine still rages. As of January 2024, more than 141,000 Ukrainian refugees have been housed via the Homes for Ukraine resettlement scheme and the NRLA is now working with charity Reset UK to provide updated guidance for landlords that want to help.

Industry News Eleanor Bateman 28/02/2024
NRLA supporting Ukrainian refugee charity

Latest podcast: Landlord taxation and holiday lets

Landlord taxation comes under the microscope in the latest episode of NRLA podcast Listen Up Landlords. Presenters NRLA CEO Ben Beadle and Richard Blanco are joined by Stuart Adam, a senior economist at the Institute for Fiscal Studies, who believes that measures introduced by former Chancellor George Osborne are harming tenants by forcing rents up and should be reversed.

Industry News Sally Walmsley 27/02/2024
Latest podcast: Landlord taxation and holiday lets

Government needs to get on with rental reform changes

Further to the publication of a BBC News report suggesting that the Government plans to amend the Renters (Reform) Bill shortly, the NRLA has issued a statement calling for greater clarity on any proposed changes to the legislation.

Industry News NRLA Communications Team 28/02/2024
Government needs to get on with rental reform changes

Think tank backs NRLA calls for direct payments to landlords

A centre-left think tank has backed NRLA calls that tenants be allowed to ask for the housing element of benefits to be paid directly to their landlords.

Industry News Sally Walmsley 23/02/2024
Think tank backs NRLA calls for direct payments to landlords