Paul Shamplina’s Post

Here is Tom Entwistle of LandlordZONE take on what a #landlords can expect from the new Government. #lettingagents #propertymanagers #propertymanagement #estateagents https://lnkd.in/g6Zj_Ksd

The new Labour government faces calls to implement rental reforms promised by the Tories, focusing on tenant protection and improving the private rented sector. Key aspects of the Renters Reform Bill include abolishing Section 21 "no-fault" evictions, simplifying tenancy structures, changing pet rules, and introducing a property portal and ombudsman. However, the process could take up to two years, requiring a reformed court system for fair evictions. Labour plans to continue where the Tories left off, with Deputy PM Angela Rayner acknowledging the complexity of immediate changes. Industry experts caution against rapid reforms that could financially strain landlords. The National Residential Landlords Association (NRLA) pledges to work with the government for fair and sustainable changes. #cardinalrock #UKproperty #TenantRights #propertyinvestment #buytolet #realestate #realestatenews #RentalReform #UKLandlords #LabourGovernment #HousingPolicy #TenantProtection #PropertyMarket #RentersRights #Section21

So, the Labour Party has taken the helm of the UK Government; what's next for the property sector? While Labour's manifesto doesn’t include promises for new housing legislation within the first 100 days, several pledges are set to impact letting agents and landlords: #UKPropertyMarket #GeneralElection #LabourParty #HousingPolicy #RealEstate #AffordableHousing #SustainableLiving #PropertyInvestment #RentersRights

So here it is ⬇️. Bulldozing planning, radical reform, rapid housebuilding, new towns backed by compulsory purchase. The devil will be in the details but at least it is a plan. A big majority will be needed to carry it off, but hopefully it can avoid being bogged down like the wretched LURB. #planningreform #housebuilding #CPO #cmsplanning

Given the polls we have to take anything #Labour says quite seriously. Today's news on the stopping of competition between tenants in the #PRS sector is a little worrying. It is never great when competition is undermined. I can obviously understand the desire to keep rents down but price control is never the best way to do this. It is easy to avoid the rules and pretty much unenforceable - much better to use policies to encourage further investment instead. This will more likely do the opposite. The Awab's law regulatory reform is sensible to me and I suspect that this is not an issue for anyone in the professional #BTR sector although I have no idea how it will actually be enforced as the costs of that would be astronomical. #living #livingsector #weloveliving #housing #politics #policy https://lnkd.in/evPSSC4a

What are your thoughts about the Conservatives’ affordable housing policy? Join the discussion in the comments section Read Ciaran Nerval's report https://ow.ly/16hX50RuULO

Socius Managing Director Barry Jessup has joined other industry leaders in giving their reactions to the plans outlined by Angela Rayner at UKREiiF yesterday. He believes the focus needs to be broader than new housing. “We support efforts to unlock development and delivery of affordable and high-quality housing, but for new towns to be economically sustainable they must be connected to cities and there must be an investment in infrastructure. “Mono-use places do not work and we need a mix of housing, workplaces, education and community amenities to ensure the long-term sustainability of places, and the positive social impact on communities.” Read the full article below - registration required. #development #future #newtowns #socialimpact #newhousing #sustainability #UKREiiF

Here is an interesting statement, taken right from the Labour manifesto… “…prevent private renters being exploited and discriminated against” What could this mean? Its lacking some specifics but we know that there has been open discussion with the Labour party around 1) Removing the amended section 8 notice Ground 1 (landlord/family moving in) and new Ground 1A (landlord selling up) within the first two years of a tenancy; 2) Increasing the restricted period during which a landlord cannot relet after relying on Ground 1 or 1A from 3 to 12 months, and 3) The proposed mandatory Ground 8A relating to repeated rent arrears to be discretionary. Need to talk to an expert? Reach out to our team of experts who can guide you on your property possession options today. #landlords #lettings #property 01704 790532 | hello@landlord-support.co.uk

The Labour party has released its manifesto. On house-building it has re-iterated the commitment to 1.5 million new homes in the next Parliament. This will involve immediate updated to the NPPF, changes to allow for more structured building in the green belt, and a more structured approach to planning which cuts across local authority boundaries. In the PRS there is a renewed commitment to "immediately" abolish s21 (presumably this means to immediately bring forward legislation to do so), allow tenants to challenge excessive rent increases (what this means is hard to say as tenants can do this already), and introduce Awaab's law in the PRS to deal with damp and mould growth. In building safety there is a commitment to act more decisively on fire safety, protect leaseholders from paying the costs of remediation work better, and speed up the remediation process. Presumably, urgent reform of the Building Safety Act is on the cards. For long leaseholders there is a commitment to implement the Law Commission recommendations on reform, making commonhold the default ownership structure and banning new leasehold flats. https://lnkd.in/ddDgFf5q

An interesting read and listen with a lot more detail required to expand on the political posturing. In the early part of the speech he refers to councils refusing to produce local plans because they prefer the ‘back door deal’ Im at a loss to what Mr Starmer is implying here. Councils have paused or pulled plans because of a lack of clarity or certainty in National Planning Policy. I hope moving forward that the main parties recognise this as, in my experience, councils want to establish a plan and recognise the need for a plan led system. #planning