The Welsh Government is withdrawing from rent control, saying it would have a “negative impact” on private renters and “lead to a reduction in the supply of rental properties in Wales”.
Welsh ministers appear to have listened to the NRLA. The NRLA has provided evidence to the government that capping rent increases to 3%, as in Scotland, would force landlords to raise rents by that level every year, but if they were given the freedom they would They may not do so, which would artificially raise rents for private tenants across the board.
The white paper entitled 'Decent Homes, Decent Rent and Affordability' states that instead of managing rents, the 'required rent' shown on portals such as Rightmove and Zoopla will be 'paid'. We are looking for a national benchmark for residential rents.
The Welsh Government says that making this data available to the public will “enable both current and prospective tenants to better understand market rents in their local area”.
live rent feed
To collect this data, it is proposed that agents or landlords will need to provide a 'live rent feed' through the Rent Smart Wales scheme, which will be published through the digital 'rent map' of Wales. That will happen.
Jayne Bryant, cabinet member for housing and local government, said the proposals “further underpin a progressive path to achieving affordable housing for the people of Wales”.
She explains that improving affordability, livability and accessibility in the PRS are all important aspects of housing affordability, and that better understanding rent is the first step in shaping future policy. I'm doing it.
The white paper also proposes measures based on long-term housing strategies, such as support measures for people renting with pets and information on rent guarantors. Negotiations are ongoing until January 31st.