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Under-pressure private sector landlords urged to attend Ashford forum

Published: 20/11/2023
House, keys and person signing contract

Private sector landlords who are facing turbulent times are being urged to attend a not-to-be-missed event for landlords and property professionals being organised by Ashford Borough Council’s ABC Lettings service and the National Residential Landlords Association (NRLA).

The annual forum will be held against a backdrop of an increasing number of landlords selling up and leaving the market. The sector has experienced many changes in the past decade and today the UK is witnessing a fall in the number of landlords in the face of mounting financial, regulatory and other pressures.

Rent rises have mainly been driven by relentless increases in the Bank of England Base Rate, with Buy to Let mortgage products being removed from sale and repriced at higher rates. Many landlords are struggling to offset these higher mortgage rates and are taking the decision to leave the market altogether or reducing the number of properties they rent out.

At the forum ABC Lettings will outline the range of services it can offer landlords while the NRLA will update landlords on important legislative changes which are going to impact how they run their businesses and deal with tenants.

How to book your place

The event takes place on Wednesday 21 February from 9.30am-3.30pm at the Kent Invicta Chamber of Commerce at Ashford Business Point in Ashford. To find out more about the forum and how to book a free place, landlords should visit the NRLA website at: https://www.nrla.org.uk/events/meetings/5944

Who are ABC Lettings?

ABC Lettings works with private sector landlords to help tackle homelessness across the borough. It works tirelessly to attract new landlords, offering a fully managed service for landlords who want a low risk hands off management service. For experienced landlords it offers a tenant find service.

Victoria Henham of ABC Lettings said: “We have tenants who are ready to move into a landlord’s rented properties and we can offer a flexible package to suit each landlord’s needs. Our main focus is to ensure that local people who might otherwise face becoming homeless are given the opportunity to make a longer term home for themselves in the private rented sector, backed by all the experience and support that the local authority can provide”

ABC Lettings, which manages more than 200 properties across Ashford, Folkestone and Hythe, says it offers landlords a no hassle, no hidden cost lettings service – and all from an organisation which is not motivated by profit and which has a reputation for a careful and considered approach.

For more information about ABC Lettings call 01233 330811 or email abclettings@ashford.gov.uk