Latest Insurance News
Buy to let insurance holders register 'a last gasp gesture'
09 Feb 2010
Posted by Judith Stevenson
The landlords register is a "last gasp" gesture to improve standards among buy to let insurance policyholders and is unlikely to be implemented by the current government, according to an expert.
Alan Ward, chairman of the Residential Landlords Association (RLA), said that his organisation has called for a cost-benefit analysis of the plan to allow tenants to give feedback on their proprietors over the internet.
He said that existing measures should be used to stamp out rogue buy to let insurance policyholders, such as the 60 pieces of legislation currently in place.
Mr Ward called on the Communities and Local Government department to ensure local authorities use these regulations.
"The RLA supports the raising of standards for landlords and good management of rented property. We have recently announced an accreditation scheme which will achieve just that," he continued.
John Healey announced the government's plans earlier this month, which include the idea of a new housing hotline which would be open for business by the summer and offer tenants advice when problems occur.



