28/02/2008

Don't regulate the rental market away, says ARLA

For the fifth year running, agents from around the country attending the annual conference of the Association of Residential Letting Agents, ARLA, heard a plea for government not to regulate the rental market out of business. Instead, delegates heard that the way forward, according to ARLA, is to licence all letting agents.

The outgoing President of ARLA, Robert Jordan, cautioned the new Housing Minister, Caroline Flint, and PM Gordon Brown, "One step too far on the legislative bandwagon and you will kill off the Private Rented Sector …The government's own figures may suggest that there are over half a million landlords in the Private Rented Sector but the market cannot afford to lose any of them, particularly in troubled times," he said.

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