Is government policy driving homeowners out of the market? –LandlordZONE

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The number of homeowners selling has reached record levels, leading property buying company National Residential has reported.

The company says this has been largely driven by longstanding uncertainty within the private rental sector created by ongoing government regulatory changes and the withdrawal of tax relief on mortgage interest payments.

TV star and PRS figure Paul Shamplina we will discuss these headwinds during a free webinar on 30^he Can at 10 am together david coughlinDirector of National Residential.

They will also discuss how many landlords are concerned about the recently unveiled Tenants (Reform) Bill, which will significantly increase the level of compliance required to operate rental properties.

This includes registering with a national property portal, joining a compensation plan, meeting a new Decent Housing Standard, facing more expenses and administration when evicting tenants, and dealing with the introduction of indefinite periodic leases.

Exodus

As owner ZONE has reported, despite many campaign groups accusing the owners and allowing agents to alarm or exaggerate the exodus, various housing ministers and the Home Office They have admitted that their policies are softening buying appetite to enable investors and leading to higher rents.

This all adds to the ongoing debate about EPC upgrade costswhich is likely to be a financial strain for homeowners with large mortgages or those in areas where property values ​​are low.

Shamplina and Coughlin will also discuss how these challenges are affecting different types of homeowners based on the size of their portfolio, the age and location of their properties, and the potential consequences of all of this going forward.

To register for free to watch the webinar LIVE.