Landlord Voice Magazine April 2015 - Manchester | Page 8

GENERAL ELECTION 015
2
With the general election just around the
corner, here’s a brief overview of what’s
in the main parties manifestos that
would affect landlords.

Labour Party
Proposal to build 200,000
houses per year by 2020
Limit rent increases in-line with
average market prices
Introduce three-year tenancy
agreements
“Generation rent is a generation that has been ignored
for long – not under a Labour government.”
- Ed Milliband

What’s in store for landlords?
Liberal Democrats
Proposal to build 300,000
houses per year by 2020
30,000 homes to be made
available to young people on a
rent-to-own basis
“Rent-to-own will mean, regardless of their background
and family circumstance, they will be able to make this
dream a reality.” - Nick Clegg

Other Parties

Conservatives
Proposal to build 100,000 starter homes to be made available
to people aged under 40 at a
20% discount by 2020
Discount would have to be paid
back if house sold within five
years
“Our goal is a Britain where everyone who works hard can
have a home of their own.”
- David Cameron

Page 8

UKIP
•

Incentivise affordable homebuilding on brownfield sites
and establish a UK Brownfield Agency to hand out grants,
tax breaks and low interest loans.

Green Party:
•
•

Proposal to build 500,000 new social homes by 2020, funded by scrapping tax relief on landlords’ mortgage interest
payments
Establish an upper limit to rent increases

For a more detailed article visit www.simplelandlordsinsurance.com/landlord-news

Page 9