Posts with tag: buy-to-let regulations

The Housing Minister, Brandon Lewis, has pledged a crackdown on rogue landlords.

Speaking at the RESI Conference this week, held at the Celtic Manor resort in Newport, Wales, Lewis vowed that the Government is committed to driving rogue landlords out of the industry, without affecting the growth of the buy-to-let market.

Lewis stated: “We will crack down on rogue landlords and drive them out of business.

“But we will never jeopardise the new appetite for investment in this sector with red tape and unnecessary regulation.

“That would simply undo the good work of the last five years – a journey that has taken this country from the brink of bankruptcy to the fastest growing advanced economy in the world.

“Businesses are growing, more people are in work than ever before, and living standards are rising. Our plans for devolution will give cities, towns and counties across the country the power to galvanise their local economies, deliver more homes, and provide a better business environment.”¹

His speech follows a Government consultation and technical discussion paper, which focused on targeting rogue landlords and letting agents in the private rental sector.

The Chartered Institute for Environmental Health responded to the consultation, saying a “fundamental review of the entire legislative framework”¹ is required to tackle the issue.

The Mayor of London, Boris Johnson, has called for the Government to force property portals to display information about specific letting agent fees.

¹ http://www.propertyindustryeye.com/housing-minister-vows-to-drive-rogue-landlords-out-of-business/