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Posted on March 25th 2015 by admin-movingin

Agents ‘forecast industry damage’ if Labour wins election

Seven in ten letting agents believe that landlords would quit the industry if Labour wins the General Election and implements its plans for the private rented sector.

ARLA members came out strongly against Labour’s plans to introduce three-year tenancy agreements and rent controls, and to make it more difficult to evict tenants.

Lettings business Rentify put landlords’ opposition to Labour’s plans at an even more marked degree.

In a poll of 1,205 landlords, it found support for Labour running at just 19%.

Almost half (45%) said they would vote Conservative.

Rentify’s survey also suggests that landlords who previously voted for Labour or the Lib Dems are now switching to Ukip. A total of 19% of landlords would vote for Labour, compared with 17% for Ukip and 6% for the Lib Dems.

http://www.propertyindustryeye.com/most-letting-agents-forecast-industry-damage-if-labour-wins-election/