The one last big mistake that Michael Gove is determined to make
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Furthermore, the bill is the latest in a string of anti-landlord and anti-property investor policies that have punished second home ownership and done nothing to improve Britain’s housing market for those not on the ladder.
The removal of landlord mortgage tax relief, a stamp duty surcharge and cuts to capital gains allowances are just a handful of Tory policies designed to deter property investors from buying and instead encourage them to sell.
The failure to hit housing targets, provide decent social housing and regulate the rental sector effectively has seen landlords and property investors turned into scapegoats.
In my own experience, the best landlords are the small time investors who have time and consideration for their tenants. The Tory war on second home ownership will continue to drive out these very people and make way for faceless corporate landlords keen to cash in on the rental crisis this government has helped create.
If Mr Gove does manage to steamroller the Renters Reform Bill through in its current form, it will be a cheap, pyrrhic victory. An ego trip that will likely be his last big mistake as an MP.
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