Which box should I put my cross in?
Labour or Tory? Victoria Whitlock weighs up the policies and concludes private landlords will get a bashing, whoever wins the election
the bedposts to get them to stay for three years, and I hardly ever increase the rent, these policies will give lenders the jitters so landlords will find it harder to borrow, and the added risks will force many to sell up.
Let’s not forget that this Labour Party has also floated the idea of extending right to buy to private tenants, which would see landlords forced to sell their properties to their tenants at hefty discounts. This proposal has been dropped for the time being, but that doesn’t mean it won’t rear its head again in the future.
Additionally, Labour leader Jeremy Corbyn is known to be in favour of a ban on letting agents’ fees. While former Tory leader David Cameron announced his intention to introduce such a ban, Prime Minister Theresa May appears to be back-pedalling. She has voted against the move in the past and, if she stays in power, she might let the idea slide.
I would actually support a ban on letting agents’ fees to tenants because I don’t see how they can be justified, but I know that many landlords believe that agents will just pass the costs on to them, which will ultimately lead to higher rents, so no one wins.
£465 a week: a studio flat in the new Vantage Point tower at Junction Road in Archway N19, with communal facilities including a gym and terraces with amazing views, is available to rent through Dexters. Call 020 7267 5500.