Government plans “looking to destroy” private rented sector - Blog

Government plans “looking to destroy” private rented sector

Government plans “looking to destroy” private rented sector

Compliance Update Iain McKenzie, CEO of The Guild of Property Professionals 26th April 2023

CEO of The Guild of Property Professionals, Iain McKenzie described the Government’s plans for reform of the private rented sector (PRS) as “looking to destroy” private renting as we know it. McKenzie was in discussion with Ben Beadle, Chief Executive of the National Residential Landlords Association (NRLA), who went on to explain where he believes government policy is taking the PRS and what it is likely to mean for landlords and property professionals alike. During the recording, Beadle remarked that there is a lot “that a responsible landlords can work with” although past reforms and contemporary context are making issues “more problematic and pronounced”. 

 

 

The two leading CEOs went on to debate the Government's plans, and their motivations with local elections just around the corner and the nation expected to go to the polls in the near future. Commenting on the latest edition of the podcast, Iain McKenzie, CEO of the Guild of Property Professionals, said: “Ben Beadle’s insight into the challenges facing private landlords in 2023 should be essential listening for property professionals with an interest in the long-term sustainability of the private rented sector. There is an enormous amount of change on the horizon for this sector, it remains to be seen who the real winners will be, and who will lose out.”

 

To hear this conversation in full, visit The Home Stretch podcast.

 

Iain McKenzie, CEO of The Guild of Property Professionals

Iain McKenzie is the CEO of The Guild of Property Professionals and is responsible for the direction and management of the brand plus offering support to the network of over 800 Guild Members. Iain is a highly established estate agent and business leader, with over 30 years of industry experience and a strong entrepreneurial background. He has led and managed teams to success, as a business owner, Franchise Director and MD for a large corporation. Iain has 30 years’ agency experience starting within the industry at 17 on a youth training scheme in Devon. He quickly progressed through the ranks, and at 26 he became a Regional Manager. Three years later, he set up an independent estate agency, called Complete Property Services, and became a Member of The Guild of Property Professionals. This was his first encounter with The Guild and was extremely impressed with the services that were offered. In 2011, he joined a large corporate as Managing Director, which grew year-on-year

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