Green Party backs plan to see end of private letting
Briefly

Green Party backs plan to see end of private letting
"Under the terms of their new policy, the Greens would put more regulation and taxes on private rentals to make it difficult for landlords to make a profit, while boosting housebuilding by councils. It would use existing Green policies such as imposing rent controls, ending buy-to-let mortgages and giving councils the 'right to buy' a rental property when it is sold at a discounted price."
"Green MP Carla Denyer, who is the party's housing spokesperson, suggested the policy was not as a radical as it might sound. "While the motion to conference had an eye-catching name, it does not actually 'abolish' landlords," she said. "It does, however, address the housing crisis, empowers tenants and improves their wellbeing. It contains a range of policies which, over time, would reduce the proportion of the housing market that is privately rented, and increase the proportion of socially rented homes.""
The Green Party adopted a policy calling to phase out private landlordism and increase council housebuilding. The policy targets the privately rented sector, which houses about 19% of English households and 17% in Wales, through tighter regulation and taxation to limit landlord profits. Measures include rent controls, ending buy-to-let mortgages, giving councils a 'right to buy' rental properties at discounted prices, and creating a state-owned housing manufacturer to mass-produce council homes. The policy would also levy national insurance on rental income. The policy aims to reduce private renting and increase socially rented housing, empowering tenants.
Read at www.bbc.com
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