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May Resigns – Good Riddance or Better The Devil You Know?

The National Landlords Association (NLA) recently suggested that private landlords have lost complete faith in the Conservative Party, with only one in six (16%) of respondents to its poll saying that they would support them in an election. This was an enormous drop in popularity amongst landlords, as 69% of them had voted Conservative in the 2017 general election.

The poll was conducted shortly after the party announced its intention to abolish the no fault section 21 possession process and end fixed-term tenancies – just another in a long line of ‘anti-landlord’ policies introduced by the Conservatives.

Richard Lambert, CEO at the NLA, said: “It’s hardly surprising that landlords are losing faith in the Conservatives given the way their Government has overturned the economic, and now legislative, foundations of the private rented sector since 2015. The Tories’ attitude seems to be “Well, who else are landlords going to vote for?” The response is coming back loud and clear, “Not you”.

“The Conservatives’ mantra that they are the party for business has a hollow echo to the 2m plus landlords in the UK who see the party and its Government refusing to recognise them as having legitimate business interests.”

Well, just days later, Theresa May announced that she will resign on the 7th June. However, the backlash from landlords towards the Conservative Party is unlikely to have played a huge roll in her decision to resign. Apparently, Brexit is a more pressing concern that probably might have had a bigger influence on her decision.

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