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Buy to let insurance policyholders could be listed on new tenants' register
05 Feb 2010
Posted by Jonathan Walker
Buy to let insurance holders could soon see their rental properties rated on a new website for tenants.
Coming as the government moves to improve the quality of the private rental sector against the UK, plans have been put forward for the setting up of a new website on which tenants can post their opinions of not just properties, but also of the landlords themselves.
Alongside the forthcoming National Landlord Register, it is hoped that this will help boost levels of transparency in the sector, with buy to let insurance policyholders who treat their homes and their tenants well set to be rewarded by positive feedback and enhanced reputations.
Announcing the plans to parliament, housing minister John Healey said: "Every tenant should be confident in their decision to rent as well as be clear what to expect before they sign on the dotted line.
"That's why I'm making information about the track record of landlords available to everyone and written tenancy agreements will mean all tenants are clear about their rights from the outset."
The government currently estimates that the private rental sector accounts for 14 per cent of all households in the UK.
