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GE reaction from brokerage Access FS: "Landlords will be reconsidering"
05 July 2024
Karl Wilkinson, CEO of Access Financial Services, said: “With the Labour win, some landlords will be reconsidering their options. Labour said they will immediately ban Section 21 no-fault evictions, which could push portfolio landlords out of the buy-to-let market, resulting in rental accommodation becoming even more scarce and expensive.
“That said, labour’s ambitious house-building plans are good news for landlords, especially if it increases the supply of affordable social housing so that low-income households don’t have to rely on the private rental sector.”
