The government has vowed to offer private renters extra protections and safeguards, as set out in the long-awaited white paper yesterday, by introducing banning orders ‘to remove the worst landlords or agents from operating’ in the private rented sector. But while this is welcome news for renters, especially those who have experienced dishonest landlords, it is important that this works both ways, according to a leading expert.
“Legitimate landlords must also have protection against rogue tenants, retaining the right to lawfully evict and any restrictions on this could spell disaster,” said Patrick Littlemore, director of lettings at Marsh & Parsons.
While renting reforms will give families more choice and security, including family-friendly tenancies of three years or more in purpose-built private rental schemes, Littlemore believes that this will only be a “good move” if the tenant abides by the Housing Act.
He also believes that the government should make sure that measures announced yesterday do not dent enthusiasm in the private rental sector among landlords.
He continued: “The buy-to-let sector took a substantial hit with the increase of stamp duty in April last year and additional burdens could make this un-attractive, reducing investment and the supply of stock in the much needed private rental sector.
“Greater stock levels are required to meet the ever-growing demand we’re witnessing and discouraging investment would have huge ramifications for the many young professionals that rely on renting.
“Renting gets a bad name but in reality, many appreciate the flexibility, freedom and choice that comes with it.”