The government is to launch a further consultation to examine how the Right to Rent policy is affecting BTL investors.
This move follows pressure from the Residential Landlords Association (RLA) to suspend the scheme. Research by the RLA showed that 42% of landlords were less likely to let a property to someone who doesn’t have a British passport. (This is in spite of only 76% of British citizens having one). This puts many people who have the right to rent a home in the UK at a significant disadvantage.
The Home Office told the RLA that it is going to reconvene its PRS panel on 11 October 2018. The RLA will be able to present its concerns about Right to Rent.