No Love for Labour from Landlords and Agents

An ARLA survey of their members reveals that letting agents are strongly against Labour’s proposals for the introduction of three-year tenancies with rent controls and rules which would make evicting tenants more difficult.

70% of ARLA agents think that landlords would pull out of the market if these measures are delivered, which would result in a decrease in the supply of rental property. 46% said that three-year tenancies would reduce their flexibility over the duration of tenancy agreements. 69% of agents believe the proposal will be of no benefit to tenants.

Regarding house building, 37% of agents favoured the Tory pledge to build 200,000 new starter homes, while 11% preferred Labour’s pledge to increase house building rates to 200,000 a year  by 2020. A large proportion (35%) think neither policy is what’s best for the private rented sector.

Landlords feel much the same way about Labour housing policy, a survey from Rentify revealed. The survey found that out of 1,200 British landlords of all ages and locations, Labour had the support of just 19%, just two points ahead of Ukip, while 45% are planning to vote Conservative.

The survey results suggest that landlords that had previously voted Labour or Lib Dem are jumping almost exclusively over to Ukip instead of the Tories. 

Back to news