THE Chief Minister has expressed support for a proposed landlord licensing scheme in a letter sent to leaders in the property and building industry.
In her response, Deputy Kristina Moore said she hoped to host a discussion about the concerns raised by the letter’s signatories, which included estate agents, lenders, and construction company chiefs.
Referring to increased stamp duty, changes to landlord and tenant legislation and a proposed landlord licensing scheme, Broadlands director Harry Trower last week wrote to ministers to express ‘severe concern regarding the recent interference in the market by the government’.
Deputy Moore wrote in response: ‘I share your view that we need to support the effective operation of markets. As part of that aim, Islanders rightly expect appropriate protections, especially when it comes to their home.
‘For this reason, and when the need is apparent following due consultation and engagement, I am supportive of new regulation which is proportionate to the objectives it is designed to achieve.
‘It is absolutely normal for commercial activities, which include renting property, to be regulated to achieve public benefits.’
She concluded: ‘Ministers are willing to work with you, and others, as we promote the best interests of the Island in this challenging economic time. This includes learning and responding to your concerns.
‘Please be assured that I would very much like to continue this discussion, and, having conferred with ministerial colleagues, we are working with the Chamber of Commerce to finalise arrangements to host a discussion on this subject.’
Environment Minister Jonathan Renouf has lodged proposals for a licensing scheme to regulate rental properties. If adopted, rented dwellings would be required to be licensed under a scheme that would come into force on 1 January next year.
Under Deputy Renouf’s plan it would be an offence to allow a property to be used as a rented dwelling unless a valid licence had been obtained. His proposal sets out that those found in breach of this policy could be fined up to £10,000.
