2 Dec

NLA pleased with government buy-to-let backing

NLA pleased with government buy-to-let backing

A speech by a government minister in favour of the buy-to-let sector has been welcomed by the National Landlords Association (NLA).

Speaking last weekend at the NLA conference in Birmingham, housing minister Iain Wright said the sector is a "great tool to help house the people of this country" and that he hoped to see it "not just survive over the coming months and years but thrive".

He also stated that the government will not introduce any legislation that will harm the interests of good landlords.

Welcoming the speech, NLA chairman David Salusbury said it marked a new, more positive phase in relations between the industry and the government.

He stated: "The trench warfare, which has so often marked discussions between decision-makers and landlords, is now behind us."

New evidence recently showed that the number of people renting is continuing to increase.

Figures from the Association of Residential Lettings Agents quarterly survey covering the three months to the end of August this year showed that during that period the number of renters rose by 20 per cent.

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