National Residential Landlords Association (NRLA)
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Landlords respond to Mayor of London's summit on private rented sector

The NRLA were contacted to respond to a story announcing that Sadiq Khan has plans to hold an emergency summit, due to the cost of living crisis, and rents rising. 

This has come to light as he mentioned that 40 per cent of Londoners will be unable to pay their rent and bills over the next few months, if soaring prices continue. 

Responding to the Mayor of London’s plans to hold an emergency summit on the private rented sector, Ben Beadle, Chief Executive of the National Residential Landlords Association, said:

“It is disappointing in the extreme that the Mayor of London feels he can solve the challenges faced in the capital’s rental market without any input from those who actually provide the homes.

“The stark and simple reality is that whilst the demand for private rented housing in London continues to increase, the supply of such homes is falling.  This is a direct consequence of Government policy aimed at shrinking the size of the sector, along with rhetoric from the Mayor that suggests private landlords are simply a problem to be managed.

“If the Mayor wants to address the cost pressures faced by households across London, he needs to focus on boosting the number of homes available. Anything else would merely be tinkering with the symptoms of the challenges in the rental market, without tackling the root cause of them.”

 

Channel website: https://www.nrla.org.uk?ref=wg

Original article link: https://www.nrla.org.uk/news/landlords-respond-to-mayor-of-londons-summit-on-private-rented-sector

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