Episode 14 – Tackling the supply crisis and NRLA tax calls
The supply crisis facing the private rented sector has been looming for some time, with latest statistics showing the sector will need to provide an additional 230,000 homes a year by the middle of the decade. The data comes from a report by consultancy Capital Economics, commissioned by the NRLA, which has now set up a Rental Supply Working Group to tackle the issue. Made up of stakeholders from across the sector, it is meeting regularly to establish what the current challenges are, develop workable solutions and lobby Government for change. Listen Up Landlords presenters, NRLA Chief Executive Ben Beadle (@BeadleBen) and Richard Blanco (@richardblanco_) talk to working group members David Cox, Legal & Compliance Director at Rightmove, and Ian Fletcher, Director of Policy (Real Estate) at the British Property Federation about what they can see happening in the sector and how they believe the supply crisis can be tackled. Elsewhere Dan Cumming of the NRLA advice team talks about the hot topics on the phonelines throughout the month, including changes to the right to rent process coming up in April. Finally, NRLA Policy Director Chris Norris talks in more depth about the findings of the new Capital Economics report and how they have been used as the basis for the NRLA’s calls for positive taxation policies for landlords ahead of Rishi Sunak’s Spring Statement next month. If you enjoy the show, please spread the word on your social media channels using the hashtag #listenuplandlords. For all podcast enquiries email [email protected] ACCREDITATION: You can now pick up a CPD point to be used towards NRLA accreditation by listening to the podcast. To log your point, visit the accreditation dashboard in the ‘Your Account’ section of the NRLA website. Select ‘Other’ then ‘NRLA Podcast’ from the dropdown menu. More information If you would like further details on how to become accredited with the NRLA click here. To download the full Capital Economics report; Challenges and Opportunities for the Private Rented Sector, click here. Guest Biographies David Cox, Legal & Compliance Director, Rightmove David Cox joined the Rightmove team as Legal & Compliance Director in 2020, with responsibility for keeping agents up-to-date on latest industry legislation and compliance. Chief executive of ARLA Propertymark from 2014 to 2019, David has a strong background in lettings, legislation and government liaison. Ian Fletcher, Director of Policy (Real Estate), British Property Federation (BPF). A former Head of Policy and Chief Economist at the British Chambers of Commerce, Ian is Director of Policy (Real Estate) at the BPF – the trade association for the property investment sector. Ian speaks for the sector and his team covers a wide range of housing, commercial property, planning and sustainability issues. Chris Norris NRLA Policy Director Chris Norris is responsible for policy and campaigns at the National Residential Landlords Association (NRLA). A private landlord and former letting agent himself, Chris has represented landlords for more than a decade, joining the NLA’s policy team in early 2007.