Thursday, August 18, 2016

Burnham pledges Manchester PRS clean up

Labour’s Manchester mayoral candidate, Andy Burnham has promised to introduce a landlord licensing scheme across Greater Manchester if he gets elected.

Mr Burnham also states that if elected as Mayor he would take on further powers to regulate rent increases and property standards in the private rented sector.

As part of his proposals, the Labour leader wannabe, has outlined a ‘community buy-back fund’, that would fund council purchases of private rented homes that fail to meet a ‘decent homes standard’.

Good luck with that one Andy. It sounds as if you might be incentivising property investors to let property's fall into a state of 'rack and ruin'.

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