Rayner wants EPC targets and bidding wars ban in new clampdown

I've no idea how Angela Rayner thinks that renters will be £250 better of under a Labour government.

All of my houses are a EPC C or a high D, Isn't a D the average? I've already done everything economically possible to upgrade them. Some of the ones that are a D will never make it to a C without a lot of money being spent on them due to construction type and being ex council houses.

I refuse to spend 3 years rental income to get a few points to make them a EPC C

The tenants already know this as I wanted to sell them when the EPC C was first proposed.

My rents are quite low compared to local rents and they don't have anywhere to go, any houses that come on the market are snapped up immediately, so once EPC C was scrapped I hung on to the houses but the tenants know if it's brought back in I will sell.

Raynor will just make more decent landlords sell up, which will lead to less houses available and probably higher rents.

I would have bought more houses this year but due to uncertencies I have decided to just put the money in the bank for a year until I can see what is going to happen.

I'll probably invest it outside of the UK next year.

Are Generation Rent crazy when they talk of landlords having vested interests! Of course, landlords have an interest in the situation. They are the people providing the property to rent, and they absolutely don't have to do that. They can sell their properties to owner occupiers. Many are on the cusp of doing just that.

I think landlords' attitudes have hardened; rather than being prepared to give tenants more rights, they are now prepared to give them far fewer rights. It doesn't matter what the legislation states. For example, whereas before many landlords would not have raised the rent at all for existing tenants, now they will do that when allowed, judging from the comments on this website.

"The evidence from cities across Europe shows that rent controls can make housing more affordable without undermining the supply of homes."
Pinocchio himself would be ashamed of this lie!!!
I read a lor in German (don't ask, my passion!!). They introduced rents controls in many big cities. The supply of rented properties has shrunk drastically. Anyone without a very solid job and a guarantor can forget it. As soon as a rental flat gets on the market, the agents get 80 enquiries within an hour.
These muppets from generation Rant and Renters Reform coalition are either ill informed or totally disingenuous.
One has to hope that Labour will not yield to these ridiculous demands and that they will do a bit of homework before making decisions that could leave plenty of renters unable to rent a place.

Well if the big C comes back there will be a lot of homeless tenants. 😱

Everyone & his dog knows the EPC algorithm is flawed - are Labour going to fix this or are we going to be shooting in the dark with upgrades?

Upgrading all rented properties in the UK to class C by 2030 is impossible! More companies need to be carrying out such work, not even using all UK people for this purpose. Would it be possible to do this by 2030? Rayner opens his mouth but knows nothing about anything (and there are even people who vote for him).

No more cheating moments on labours independent housing review which recommends that landlords can only sell to landlords?

Very strange before Mr Michael Gove Housing Secretary with his so called RENTERS REFORM BILL and the threat of removing Section 21 that causing thousands of landlords to sell up. Then add Polly of Shelter, Generation Rent continuously attacking landlords, endless ever increasing Licensing Schemes and Regulations which has reduced supply + driving up supply costs of renting.
The penny still hasn’t dropped or won’t admit that they caused rents to rise 20/30% with their interference.

My D rated property was improved to C level by installing a new boiler as recommended. Move forward 10 years and a new EPC. Guess what, still rated as a D even though fully insulated, new boiler as mentioned and many other energy saving improvements. Since everything possible had been done, the EPC recommended £30,000 of structural improvements including ripping up a valuable solid oak block floor to install underfloor insulation to save approx £100 PA on energy costs. Do these idiots think we would spend that sort of money to save peanuts? I sold it after evicting the tenant, I even has a bidding war from private buyers as it was a very desirable quality property.

Thank you for sharing your experience; the Epc system offers no guarantee to landlords. Politicians do implement it as so-called environmentalists' lobbies corrupt them.

The Labour party appears to have significant misconceptions about landlords.

Initially, it was the tenant fee ban, which was implemented by estate agents but ultimately paid for by landlords. Now, landlords are being accused of fueling bidding wars.

There is no mention of the challenges landlords face, such as Stamp Duty increases, the impact of Section 24 tax changes, mortgage lenders' refusal to offer new products after the expiration of five-year fixed rates, resulting in variable rates as high as 10%. Additionally, possession orders are taking up to 18 months to be resolved in court. Instead of addressing these issues, the proposed solutions involve adding more regulations, legislation, and fees through landlord licensing.

And £3,000 a year worse off as rents continue to escalate due to their policies and their predecessors of course

Ending bidding wars? Rayner, Generation Rent, Shelter & their ilk systematically decimate the PRS & then wonder why tenants, desperate for a home willingly offer higher rents. Nothing to do with ‘unscrupulous landlords, simply supply & demand market factors created exclusively by them!

Personly I wouldn't get involved with bidding wars either up or down, when marketing a property to rent the rent is set at the market rent, take it or leave it, selection of the right tenant is then upper most in my mind

If the polls are right Angela Rayner will lose her seat. Here's hoping

There is a Tory candidate called Lizzie Hacking. Apparently Rayner's popularity has dropped so hopefully the Gym Slip Mum Benefits Queen will not get a seat.

Aroma Hassan ''workers party'', well that's better than the labour 'benefits scroungers party''

The elephant in the room!
PRIVATE rental sector are landlords operating a business that offer rents so they can make a profit.
PUBLIC rental sector (the Councils) are operating as a charity that offer subsidised rents with the difference between market value and subsided rents funded by the Council Tax and government grants.
These models are totally incompatible!
DONT make the Private Sector into social housing with subsided rents. The landlords will just leave the market, as they are already doing, and invest their money elsewhere.

The only thing Raynor does well is Jaw Exercising. It’s just that Sh it comes out of it when she does it.

I predict if Angela Raynor and the Labour Party Carry on with their vote winning anti landlord rhetoric and enact some of their threats they will be responsible for making more people homeless is this country than the luftwaffe did during the Blitz.

We all know Raynor is too thick to understand if your property is a high D ratings and only 1 or 2 points from a C rating but old Victorian property without cavity walls it will cost between £15-£20k to install internal cladding making all rooms smaller too.. This would save tenants about £23 per annum. She's so thick she probably thinks that's great value for money. I'd sell my 6 family homes housing 14 children between them before legislation came in. These houses are in an area where under half of all housing g is at a C rating. Very many LL's will have no choice but to sell up. I wonder if Angela will be able to find them alternative accommodation to put their children in without making them move schools and lose family connections?

L'm a bit of a numpty when it comes to property law but if a landlord can't afford to bring their flat or house up to C rating and can't regain vacant possession in order to sell because of the outlawing of section 21 on day 1 of Labour government then what is to happen.

I had a new EPC inspection in my HMO in London Tottenham. Double glazed windows, new Boiler, well maintained etc.
Verdict:67% high D. (69% for C).
The assessor told me that 65% of the properties in this part of London were below C. In order to upgrade, I would need to install solar panels or insulate a flat roof over the kitchen.

His advice: DON'T BOTHER! He said the government came up with ridiculous targets and then they realise that it doesn't make sense!!

John, you are right the rent is always based on supply and demand. It is simple Economics. However, Angela, Ben Toostupid and Polly Neate have not had such education so do nto understand. They are in jobs that they are not qualfied to do. This is so stupid. Unless the rent controls are introduced, rents will always go up. They need to allow inflationary rent increases for the existing tenancies. The new tenancies, the rents will go up as it did in Scotland.
They need to understand the costs that the landlords have on an ongoing basis, as already stated here, increase in stamp duty, cost of maintenance, S.24 changes, increasing cost of ongoing maintenace, white goods on rented properties do not last, they need to be repalced on a regualr basis, EPC is just ridiculous, not fit for purpose. However, they do not want to know as they have no money for social housing, since they are continually selling them. They are not even thnking of buying from the landlords at market rates to house the ever growing social tenants.
Lls cannot and are not social landlords. Even the councils and housing associations are fnding it difficult to maintain and adminster the proeprties. Their staff have no knowhow and probably lazy. The LLs are very versatile and patient with some of their tenants.
If the EPC is lower than "C", landlords may be forced to upgrade these properties for existing properties, as they would abolish s.21. A lot of landlords wanting to sell will be stopped rom doing it. I wonder if we will be able to keep the property empty if we cannot or not willing to upgrade them as the cost is too high and wishing to sell them. They may double the council tax on empty properties.
The difficult they make it for LLs, the worse it will be for the tenants. Labour is expecting a lot of votes from the tenants, who are the ones to suffer in the long run, especially if they do not have jobs.

Increasing costs reduces profit and reduces income tax payable, the revenue is not going to like that. Rent cap would have the same effect so where is all the money going to come from to pay your Benefits while you are sitting there complaining about landlords, if the fools cap fits wear it.
BTW did you get the little brown envelopes yet if not it won’t be to long to wait to pay your second half year tax payment before end of July.

Darth Rayner is trying to start a class war in the hope of getting a few more votes.😠

I am selling my properties; I decided to sell my properties with, specified in the advert, for occupiers only (I know the lease states different things). This way, I am sure to sell my property to an occupier, not to a "buy to let" investor, my little sweet vendetta to reduce the properties available to rent and Fxxk the governments. PS: I already managed to sell the first to an occupier!

The more Raynor and labour talk, the more my rents go up.

The threat of caps/interference means I'm banging my rents up to the maximum. Keep it up labour!

I'm also selling properties and investing outside of the UK. British people can have their socialist paradise (which has failed everytime it has been tried).