ARL response to the outcome of the general election

The Association for Rental Living (ARL) welcomes the Labour Party and its leader, Sir Kier Starmer, as the new government of the UK following the results of the General Election held on 4th July 2024.

As the representative body for the institutionally-backed, professionally managed rental living sector, the ARL welcomes Labour’s manifesto pledges to take swift action to address key housing issues including building more homes and recruiting new planning officers.

However, the severe lack of high-quality rental homes across the UK is a key factor in the housing crisis, driving up rental levels as demand outstrips supply.  The ARL calls for policies that enable homes of all tenures to be delivered at scale and pace.  

  • a long-term, national housing strategy based on cross-party consensus
  • well thought-through planning reforms,
  • rental reform that promotes high standards,
  • bring forward measures to stimulate housing supply to meet the monumental demand for homes, and
  • fiscal measures that encourage investment in purpose-built, professionally managed rental homes.

Such measures are needed to unlock the long-term ambitions of the institutionally-backed rental living sector, by providing clarity and confidence that will encourage long term investment in housing.

The ARL will be writing to the incoming Secretary of State and Housing Minister setting out the key issues impacting housing delivery with recommendations to increase all forms of housing, including institutionally backed BTR. We will also be contacting the new intake of MPs to raise understanding of BTR and to highlight the role that BTR can play in meeting local housing need.

The ARL will continue to work with government, local authorities and policymakers on behalf of its members who are delivering the professionally managed, good quality rental homes which are in such great demand across the UK.

 

Brendan Geraghty,

CEO, ARL