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18
Aug
2009
A manifesto for the private rented sector has been issued by the Residential Landlords Association (RLA).The organisation has produced a document outlining its views on how to improve the sector for all parties.Included in the manifesto are claims that a larger private rented sector would benefit the national economy in the long run.Additionally, the RLA has called for "a complete rethink" of the approach to regulating the sector, with wide-reaching structural alterations.The group indicated that the current system does not fit its purpose."We need to work from the bottom up not the top down which is how the current regulatory scheme is working in reality," the RLA stated."In formulating any proposals for change, it must always be remembered that many landlords are small businesses and only have limited resources. In particular, we have to avoid burdensome regulations."In conclusion, the RLA called the private rented sector a "crucial" part of the housing market.Get a landlord property insurance quote today from Simple Landlords Insurance.