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	<title>Property Funding and commercial finance in the UK &#187; landlordism</title>
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		<title>Is Landlordism a real word?</title>
		<link>http://www.property-funding.co.uk/80/is-landlordism-a-real-word/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=is-landlordism-a-real-word</link>
		<comments>http://www.property-funding.co.uk/80/is-landlordism-a-real-word/#comments</comments>
		<pubDate>Wed, 13 May 2009 20:47:30 +0000</pubDate>
		<dc:creator>Peter Clarke</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Buy to Let Mortgages]]></category>
		<category><![CDATA[landlordism]]></category>
		<category><![CDATA[rent]]></category>

		<guid isPermaLink="false">http://www.property-funding.co.uk/?p=80</guid>
		<description><![CDATA[<p><p>This content comes to you from <a href="http://www.property-funding.co.uk">Property Funding and commercial finance in the UK - Commercial Mortgage Brokers | Property Development Finance | Bridging Loans</a></p><p><p>In their response to the Rugg Review of the Private Rented Sector the CLG clearly believe that landlordism is word that anyone involved in private lettings should be aware of!</p>
<p>Aside from made up words (?) there is quite a lot of good stuff in the response and I will try to summarise the main points as follows:</p>
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			<content:encoded><![CDATA[<p>This content comes to you from <a href="http://www.property-funding.co.uk">Property Funding and commercial finance in the UK - Commercial Mortgage Brokers | Property Development Finance | Bridging Loans</a></p><p>In their response to the Rugg Review of the Private Rented Sector the CLG clearly believe that landlordism is word that anyone involved in private lettings should be aware of!</p>
<p>Aside from made up words (?) there is quite a lot of good stuff in the response and I will try to summarise the main points as follows:</p>
<ul>
<li>The headline is the idea of a Landlord Register &#8211; web based and involving an annual fee, membership would be a prerequisite for taking any legal action and carrying a threat of strike-off if a landlord does behave.</li>
<li>A requirement that all tenancies are in writing &#8211; so obvious, but it might surprise some people to find out that a tenancy does not have to be in writing.</li>
<li>A minimum standard for tenancies, or possibly a guide &#8211; I&#8217;m guessing that something prescribed will be the preferred route.</li>
<li>An increase to the higher limit for AST&#8217;s to £100,000</li>
<li>Full regulation of Letting Agents &#8211; racing certainty that this will happen.</li>
<li>Local Authorities to set up bodies to liaise with the private sector, and make better use of the housing opportunities it provides.</li>
</ul>
<p>Inferred in the response is that there may be tax breaks for Landlords and a rather guarded hint to the voluntary sector to start building bridges with the private lettings sector ( paragraph 64 could have just said stop arguing and start talking!)</p>
<p>It would appear that the government is keen to keep the amount of primary legislation required to bring about these changes to a minimum so some aspects of their proposals may happen quite quickly.</p>
<p>What is worrying is that the attempts to regulate Tenancy Deposit Protection have been so bungled that the law is almost unenforceable, so look out!</p>
<p>Be interested if anyone has any other examples of the word landlordism being used in conversation!</p>
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