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Landlords ‘alienated’ by politicians over plans to reform private renting

PUBLISHED: 15:45 20 February 2015 | UPDATED: 15:45 20 February 2015

Richard Blanco, of the National Landlords Association

Richard Blanco, of the National Landlords Association

Archant

A leading Ilford landlord in has said property owners feel “alienated” by politicians after Labour announced proposals to reform private renting.

Richard Blanco, representative for the National Landlords Association (NLA), hit out at the party after Ilford South MP Mike Gapes announced his support for plans to introduce three-year tenancies and ban “unfair” letting agent fees if elected in May.

The announcement this week came in the wake of a consultation by Redbridge Council to introduce a landlord licensing scheme across the whole borough, which has been met with opposition by the NLA.

Mr Blanco, who owns a number of properties in Ilford, said: “Landlords are tired of politicians tinkering around the edges of the private rented sector in a desperate search for votes and coming up with short termist harebrained ideas every five years.

“We want politicians to work with landlords so they can truly understand the business of letting and help the sector improve and expand.

“Labour has become anti-aspiration and anti-business and landlords like me who run thriving businesses, have good local connections and strong social values feel alienated by the current leadership.

“NLA research shows that the vast majority of landlords increase rents when the tenants change so the idea that landlords hike up rents annually is a myth.”

Last week Labour MP for the constituency, which has 12,693 people living in private rented accommodation, said: “People who are renting from a landlord in Ilford South, often have to put up with insecure tenancies, poor standards and rising costs.

“They want a decent home to be able to settle down, put down roots and have peace of mind.”

He said a Labour government would bring in three-year stable tenancies and predictable rents and ban letting agent fees in an effort to drive up standards and “bring an end to cold homes”.


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