How Will a No Deal Brexit Affect the Private Rental Sector?

As parliament remains deadlocked over the best way forward for the UK’s exit from the European Union, the prospect of a no deal Brexit looms closer. New Prime Minister Boris Johnson has made it clear that, if there is no refreshed agreement between Britain and the EU before the deadline of 31st October, he has no qualms about leaving on World Trade Organisation terms. But how would this affect the private rental sector? Many experts believe the UK economy will dip following this outcome, but no one knows for how long the effects will be felt. In addition, the slowing of the economy might not necessarily be a bad thing for landlords and lettings agents. Read on to find out more details about

How Might New Prime Minister Boris Johnson Affect the Lettings Market?

On the 24th July 2019, Boris Johnson became Prime Minister of the United Kingdom. As with any new regime at Number 10 Downing Street, the team behind the new premier have thrown out a host of potential policy ideas and aspirations. Some are simply suggestions, others seem more concrete, but how will they affect the lettings market? Here are some of the potential knock-on effects for lettings agents and landlords of Boris Johnson becoming Prime Minister. Recent changes under Theresa May’s leadership to Section 21 eviction rules as well as the Tenant Fees Act have been seen by many as attacks on landlords, but will Johnson change course? New Rental Rules Under Boris Johnson? The good news for

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To discuss our services further, or to arrange a meeting,  feel free to contact Kareen by phone, email,  or simply use the message form

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LET'S TALK!

To discuss our services further, or to arrange a meeting,  feel free to contact Kareen by phone, email,  or simply use the message form

kareen@executivepm.co.uk

 

0208 5757630