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Under the skin of the letting market

Here we share news and views on both the local letting market in & around Oxfordshire and all planned and recent legislation.

Changes to letting to professional sharers

The local authority’s determination to dictate who lives where in Oxford is now beginning to impact on young professional sharers.

We have several landlords who have successfully let out their 3 and 4 bedroom, 2 storey East Oxford properties for many years to either 3 mature sharers or a family without having to think twice about specialist regulations. Now these landlords face large fees, inspections and as yet unknown demands for changes to the structure and fabric of the properties if they are to continue to let to professional sharers.

Just this week we have had to refuse two very good groups of 30 year old professionals (nurses and teachers), who we would have placed in one of two properties in the past where the landlord has in effect been ‘coerced’ into renting to families only. This is set to get worse as of February when the local authority starts to use new planning permission powers to dictate and limit where new sharers’ houses can be.

Some may find this a bit odd when at the same time the local authority is ploughing ahead, despite local outrage, with their plans to build blocks of student properties on public land such as local car parks. Obviously we feel this directly since the St. Clements car park is behind our office and we are part of the retail group campaigning against the destruction of the car park.