RLA Chairman Alan Ward is set to provide oral evidence to the Private Rented Sector (PRS) All Party Parliamentary Group (APPG), tomorrow Tuesday 17th June. The RLA is increasingly worried about Under 35’s tenants finding suitable accommodation in the current market.
The APPG is designed specifically to ensure that MPs consider the PRS, that there is a forum to discuss, and that engagement with landlords, tenants, and other interested parties is fostered. Inquiries into policy and operation issues on the sector and report production are key elements of the group. Held in the House of Commons, members of the public are able to attend.
The RLA will provide oral evidence through Chairman Alan Ward. Written evidence states that the RLA believes that Government can do more to encourage landlords to invest in properties that are more suitable for renters who are between the age of 25 and 35.
The fear is that younger renters may not have a choice of accommodation and the role of regulatory burdens on private landlords is affecting tenants. Article 4 directions especially play a damaging role in the debate. The RLA argues that the ‘Build to rent’ scheme could help tenants immensely with new properties, but landlords may require tax incentives to further invest in the sector.