ARLA agents expressing concern over Labours tenancy proposals

The Association of Residential Letting Agents monthly PRS report has found that 72% of its members believe that Labour’s proposed three-year tenancies with a cap on rents will see landlords pull out of the market, and lead to a decrease in the supply of rental property.   Three quarters of ARLA members (74%) believe the proposed three-year tenancy agreements with rent controls and strict rules to make it more difficult to evict tenants will not actually benefit tenants at all and almost two fifths (37%) of ARLA agents agree that the Conservatives’ pledge to build 200,000 new starter homes offered at 20% discount to first-time-buyers would be best for the private rented sector.

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