A review of the private rental sector in England has recommended the formation of a ‘Property MOT’ as a way of simplifying regulations for landlords.
The report, penned at the University of York, was funded by the charity Nationwide Foundation. Building on previous research into the private rental sector from a decade ago, it analysed the impact of Government policy interventions and set out proposals for the near future.
According to the authors, Doctors Julie Rugg and David Jones, the current regulation is confusing and often contradicts itself, failing at multiple levels, with both tenants and landlords often unsure of what is expected of them.
The proposed property MOT would work in a similar way to car MOTs, with an annual standardised inspection that combines all current requirements with a new basic minimum standard assessment, which could be classed as a tax-deductible business cost.
Dr Julie Rugg, said: “There is currently no minimum standard that properties have to meet before they are let. Over a million renters are putting up with damp, disrepair and sometimes life-threatening hazards.
A property MOT would give people confidence before they sign a tenancy that the property is fit for purpose, and that standards won’t lapse in the future, while for landlords, it offers greater clarity and protection against prosecution. This proposal is just one way in which existing legislation can be simplified to make the sector work better for everyone.”
Nationwide Foundation Chief Executive Leigh Pearce, added: “It’s time for the Government to develop a strategy for the private rented sector that makes it clear what role the sector plays in the wider housing market.”
We will of course keep you informed if any further action is taken on this proposal.
