2
May
NLA cautions against new rental scheme
The National Landlords Association (NLA) has warned that plans to
incentivise large institutions to invest in accommodation could
compromise the diversity of the private-rented sector.
It suggested that investment incentives should cover the full range
of investors in the sector, including professional private
landlords and institutional investors, in order to ensure that
vulnerable people are not considered "low-profit" and can still be
housed.
David Salusbury, chairman of the NLA, said: "Encouraging a diverse
UK rental market, including encouraging professional private
landlords, will enable choice that will benefit consumers."
He added: "Where is the evidence that large corporate investors are
concerned about developing housing for the more vulnerable groups
in society?"
The government is currently considering the scheme, which would
provide professionally-run rental accommodation funded by the
private sector.
