Long Term Tenancies exempt for Buy to Let landlords

Published on Thu, 9th Feb 2017 10:00

The Housing Minister has confirmed that the longer tenancy proposals in the Housing White Paper will not apply to buy-to-let landlords.

 He has told Inside Housing that his hope is that getting greater numbers of institutional investors in the market, providing longer tenancies “will disrupt the market and will encourage other landlords to do so as well Housing.”

 He continued though:

 “I think if you tried to force people to do it at the opposite end of the market [buy-to-let], I think history is very clear about what happened when you have rent controls – I don’t think that would be a good idea.”