Landlord Regulation
Published / Last Updated on 25/09/2008
Landlord Regulation
Landlords have given the thumbs down to Financial Services Authority regulation of the buy-to-let market. Research conducted by Business Development Research Consultants (BDRC) found that 85 per cent of landlords believed further regulation of the sector would force some of them out of the rental market. The BDRC report also reveals concerns that regulation could add further costs and administrative burdens to private landlords despite the possible protection it could offer tenants and investors.
Industry experts say landlords are already bound by a number of rules so there is no need for further tinkering by the government.
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