Players of the rental market in the UK is concerned about the new rules, which are announced Cameron

Representatives of the rental market in the UK is surprised that the new government intends to introduce licensing for participants in the rental market. This statement was made by Prime Minister David Cameron during his speech last week, introducing a new bill to control the migration. David Cameron said that the system check the immigration status of tenants, which were tested as a pilot project in the Western part of the country, will be now extended to the whole territory.

Without going into details, Cameron said that it will introduce a licensing system for homeowners that will help them quickly implement a procedure for the unfair eviction of tenants.

Homeowners and real estate agencies in the UK, wondering about the details of the new initiatives of the government , are very concerned about the upcoming changes and looking forward to the speech of the Queen of the United Kingdom on Wednesday, where possible, the new rules will be announced in more detail.

In connection with the upcoming changes, the Association of Housing and Rent in the UK appealed to the government, namely the Minister for migration Affairs , with a proposal to organize a joint meeting where the parties could discuss all the questions. Fears of market participants is the fact that none of the existing forms of licensing will not be able to rid the rental market of residential properties from unscrupulous landlords, meanwhile, the fact that licensing will seriously complicate the lives of the landlords by imposing on them additional responsibilities and may be the cause of increases in rents. As you know, “the devil is in the details”, which should be discussed.

© Alice Morgan 26.05.2015

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