The National Residential Landlords Association is calling on the government to take action now to prevent a crisis in the rental sector getting even worse.
As reported in Mortgage Strategy today Rightmove revealed the average number of people enquiring about each available home to rent has increased to 25.
Responding to this alarming data NRLA chief executive Ben Beadle said:
“Tenants are bearing the brunt of the supply crisis in the rental market. This is a result of failed Government policies.
“Throughout the Conservative conference ministers said they wanted landlords to have the confidence to stay in the market. However, warm words will achieve nothing without policies to make this happen”.
Beadle insisted the government must take action to stem the loss of rental properties across the country.
“The Treasury needs to encourage investment by reversing the damaging tax hikes which penalise landlords who provide much-needed housing. It’s also crucial that the government makes clear assurances that landlords who make legitimate possession claims will not become mired in a broken court system once section 21 evictions are abolished.”
