The best way to ensure good quality accomodation is a strong rental sector with vigorous competition for tenants. Imposing arbitrary, costly and often impossible to meet regulations can only depress the market and discourage entrepeneurs from investing in residential property.
This state of affairs occurrred in the 1970's when legislation was so biased towards the tenant that it was no longer attractive or practical for property owners to rent their premises.
Many buy-to-let landlords are quitting the business already due to the current global financial crisis. The addition of council imposed regulations can only exacerbate the situation and the result will be a massive drop in the availability of affordable rental accomodation.
These are the inevitable consequences of the present regulations:-
1. Rents rise to cover the additional costs imposed by the authorities upon landlords.
2 .Potential interference by authorities discourages owners of empty premises from renting them Landlord licenses and unrealistic demands by council inspectors makes renting uneconomical and unattractive.
3.Less rental properties on the market force rents up even further..
4..Low rent accomodation is by its nature the hardest hit and affects those in most need.