In this episode of Listen Up Landlords, presenters NRLA Chief Executive Ben Beadle (@BeadleBen) Richard Blanco (@richardblanco_) welcome a panel of guests to look back over the last 12 months and forward to 2024.
This was the year to Government finally published its Renters (Reform) Bill, at the same time as – following years of low interest rates – base rate hit 5.25% and average mortgage rates rose to well over 6%.
The supply crisis in the Private Rented Sector has worsened, with latest figures from Zoopla indicating on average 25 people are looking at every available property to rent.
But its not all doom and gloom.
The NRLA has seen wins in areas such as rental reform, with the Government making a number of concessions as a result of NRLA campaigning, as well as u-turning on the introduction of unrealistic minimum EPC C energy efficiency standards.
It has also announced plans to reverse the freeze on Local Housing Allowance (LHA) rates and end the practice of disaggregating HMOs.
Ben and Richard are joined by Kate Faulkner, Managing Director of Property Checklists, Russell Quirk, Managing Director at Proper PR, James Kent, Managing Director and founder of compliance firm Safe2 and Martin Reynolds, Chief Executive of Simply Biz Mortgages to unpick the changes we have seen over the past year, and what we can expect to see happen next.
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