ARLA’s 2015
By |Published On: 19th December 2014|

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ARLA’s 2015

By |Published On: 19th December 2014|

This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.

A completely regulated private rental sector is what the Association of Residential Letting Agents’ (ARLA) Managing Director David Cox is hoping for in 2015.

In a New Year statement, Cox explained that stronger regulation would help clear the industry of the small number of rogue landlords and letting agents who give the sector a bad name.

ARLA's 2015

ARLA’s 2015

He says: “Labour is pro-regulation, but has also pledged to introduce three year tenancy agreements with strict rules, which will make it difficult to evict tenants. This could see landlords pull out of the market.”

However Cox believes that whichever political party wins the general election in May will make major changes to the industry, which could be “make or break.”

Cox also stressed the demand for more homes to be built.

“As new homes come on to the market at one end from both foreign investors and landlords in London and the South West who are buying up portfolios in the north of the country. We’re also seeing accidental landlords leaving the sector at the other end, they are no longer in the negative equity which forced them into the market,” he explains. “However, even with some increase in supply during 2015, we still expect to see growth in rental prices of around 2-3%.”1

Cox also raises concern over the right to rent checks, expected to move across the country after their West Midlands pilot period, suggesting that they may force vulnerable tenants to use rogue firms.


About the Author: Em Morley (she/they)

Em is the Content Marketing Manager for Just Landlords, with over five years of experience writing for insurance and property websites. Together with the knowledge and expertise of the Just Landlords underwriting team, Em aims to provide those in the property industry with helpful resources. When she’s not at her computer researching and writing property and insurance guides, you’ll find her exploring the British countryside, searching for geocaches.

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