The present RPZ regulation is due to expire at the end of the year. If this is not the end of RPZ, will it exist in its present guise or what format will it take? Some of the options are Scrap RPZ, Extend RPZ or Replace RPZ with some other regulation.
The reason we ask is that it will have a bearing on whether we give yet another tenant their notice and put another rental property up for sale. The gap between what rent we can charge and comparable local property rent continues to widen year on year.
On top of this, we now have our tenants asking for extra improvements beyond required maintenance. These improvements are not financially feasible in light of the RPZ rent restrictions and unfair tax treatment.
While we would like to continue as private landlords we are not sure why anyone would invest in private rental property at the moment only to be financially abused by state bodies and criticised by political parties for their own failure in providing adequate social housing.
The government are 2 faced when it comes to private landlords, on one hand they say they want to keep private landlords in the rental market but on the other they introduce policies that penalise private landlords. God help any political party politicians that call canvassing for the forth coming elections.
The reason we ask is that it will have a bearing on whether we give yet another tenant their notice and put another rental property up for sale. The gap between what rent we can charge and comparable local property rent continues to widen year on year.
On top of this, we now have our tenants asking for extra improvements beyond required maintenance. These improvements are not financially feasible in light of the RPZ rent restrictions and unfair tax treatment.
While we would like to continue as private landlords we are not sure why anyone would invest in private rental property at the moment only to be financially abused by state bodies and criticised by political parties for their own failure in providing adequate social housing.
The government are 2 faced when it comes to private landlords, on one hand they say they want to keep private landlords in the rental market but on the other they introduce policies that penalise private landlords. God help any political party politicians that call canvassing for the forth coming elections.