1. www.landlords.org.uk National Landlords Association www.landlords.org.uk The Game Changer? Richard Lambert, Chief Executive Officer Tees Valley Landlord Forum 10 March 2016

2. www.landlords.org.uk The National Landlords Association  The UK’s leading representative organisation for private residential landlords  Working with 66,500 landlords, including 31,000 paying members  Providing information, advice and services to support their businesses  Campaigning to influence policy and to make the landlords’ voice heard  Working to raise standards in the private rented sector and ensure landlords are aware of their rights and responsibilities

3. www.landlords.org.uk Be careful what you wish for … Source: ToryWright.deviantart.com

4. www.landlords.org.uk Our pattern of housing is changing … Number of dwellings in England by tenure 1980-2015 Source: English Housing Survey 2014-15, DCLG

5. www.landlords.org.uk … and the shift seemed set … Source: NLA projection October 2012

6. www.landlords.org.uk Housing policy = Home-ownership

7. www.landlords.org.uk Is this typical of renting in 2016 … Source: London Borough of Newham

8. www.landlords.org.uk … Or Is This? Source: NLA Member, Hertfordshire

9. www.landlords.org.uk Traditional responses, not new ideas

10. www.landlords.org.uk Initiative Overload "Housing policy is characterised by a series of incremental responses to the previous set of changes … and the perverse consequences which emerged from them.“ Sir Steve Bullock, Mayor of Lewisham

11. www.landlords.org.uk Political Disruptions – or Distractions?

12. www.landlords.org.uk What next, George?

13. www.landlords.org.uk Business expectations for the next 3 months % rated ‘GOOD/VERY GOOD’ ‘Own letting business’ Q10 How would you rate each of these aspects of around your own letting business for the next 3 months? Base: All answering (1355) 0 Landlord confidence has collapsed

14. www.landlords.org.uk Unsure Yes No Landlords planning to apply for new/additional Buy-To-Let loans before the new Stamp Duty changes come into force from April 2016 (%) Q13dd. Do you plan to apply for any new/additional Buy-To-Let loans before the new Stamp Duty changes come into force from April 2016? Base: All (1364) Source: NLA Landlords Panel Survey Q4 2015 The rush to beat the Budget?

15. www.landlords.org.uk Landlords’ planned purchase behaviour in the next 12 months (%) Q13b In the next 12 months, do you intend to…? Base: All (1360) 12% 51 Reduce no. of properties Increase no. of properties 8 29 Q4 14 No change Not sure 11% 50 9 29 Q1 15 10% 54 7 29 Q2 15 16% 45 15 24 Q3 15 16% 49 19 17 Q4 15 Source: NLA Landlords Panel Survey Q4 2015 The immediate reaction …

16. www.landlords.org.uk Implies a minimum 501,578 sales in next 12 months Source: NLA Landlords Panel Survey Q4 2015 … The practical impact … Then another 100,000 per year to 2021

17. www.landlords.org.uk PRS to contract by 136,516 over 5 years … Fewer households in PRS … Losing 1,134,268 Against Predicted Growth

18. www.landlords.org.uk Private landlords to house 18 per cent of households by 2021. … PRS share of housing falls back

19. www.landlords.org.uk “Life is what happens to you while you are busy making other plans” John Lennon

20. www.landlords.org.uk National Landlords Association www.landlords.org.uk 200 Union Street London SE1 0LX Tel: 020 7840 8900 Email: info@landlords.org.ukinfo@landlords.org.uk Twitter: @nationalandlord