The Lincoln Property Podcast

2,069 Lincoln Landlords Could Be Hit With £14k Bills and Red Tape in Tory 'Levelling Up' Plans

February 14, 2022 The Lincoln Property Podcast Episode 16
The Lincoln Property Podcast
2,069 Lincoln Landlords Could Be Hit With £14k Bills and Red Tape in Tory 'Levelling Up' Plans
Show Notes

·       Some Lincoln landlords face bills of between £11,000 to £14,000 as Michael Gove, the Housing Minister, declared an attack on poor quality private rental homes.

 ·       2,069 Lincoln rental properties will require upgrading. The Government announced in their ‘Levelling Up’ White Paper last week, they plan to introduce a new minimum standard for private rental properties.

 ·       Also, the White Paper wants every landlord in Lincoln (8,881 of you) to go on a Landlord Register and proposes the removal of Section 21 no-fault evictions. This could make it more difficult for you to get possession of your Lincoln rental property.

 ·       Are these proposed changes another nail in the buy-to-let coffin for Lincoln landlords?