The National Residential Landlords Association says the Renters Reform Bill won’t win the support of landlords in its present form.
The Bill has just finished the committee stage, a part of the formal process for legislation going through parliament.
The NRLA is pleased that some amendments have been made at committee stage - notably that significant improvements must be made to the justice system before Section 21 is scrapped.
But on its website the association says it is concerned at the lack of security provided by the Bill to ensure tenants will remain in a property for more than two months.
It says that without measures to establish an initial minimum tenancy period, landlords may be exposed to frequent reletting costs and may breach some buy-to-let lending conditions.
The way the proposed reforms are implemented will also play a significant role in shaping landlords' perceptions of the Bill, believes the association.
“Currently, uncertainty looms over implementation dates and the transition process for existing tenancies into the new tenancy regime. Assurances are needed to ensure that landlords have sufficient time to adapt to the proposed reforms” the NRLA website proclaims.
“Moreover, the Government's proposed amendment to hold superior landlords accountable for illegal subletting practices by rent-to-rent companies unfairly penalises landlords who don't know their properties are being let in this way and needs to be reassessed.”
The Bill will now advance to the report stage. During this period, all MPs will have the chance to propose and deliberate on additional amendments to the legislation in the Commons.
Although there is no fixed time-frame between the end of committee stage and report stage, the NRLA anticipates the legislation will be considered further before the Christmas break.
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Labour WILL be in power in a year, and they have said they WILL re introduce s21 scrapping within months, asking this government anything is pointless 🤔 They are impotent and are scrabbling around like the steerage passengers on the Titanic 🚤.
Many of us want the retention of fixed term tenancies. The NRLA doesn't represent us at all.
What Labour will do is unclear, but we do know that Angela Rayner pledged to get rid of Section 21 notices on her first day in office.
Labour may be in power in May 2024.
It doesn't really matter what changes they make, this LL is selling up! I am not prepared to take on new tenants under these conditions & I am selling up as my current good tenants move on.
The age of the small LL is ending & a new era of corporate landlording is beginning - let's hope the powers that be don't live to regret our demise.
I don't think they will care. They will continue to trot out the same tripe. Like the Department of Levelling Down now when faced with issues Rachel Maclean kept saying "We're committed to bla bla bla". They don't listen, and are usually moved on in a different post within a year anyway. They're a waste of space.
Same here Tricia. I will not be taking on any new tenants and will sell the lot. Enough is enough. There's nothing they could do or promise to do that will change my mind.
I'm still sticking with student tenants only in the Peoples Republic of Scotland where decent families are now far too risky as tenants compared to a bunch of students!
However one load of students all fell out and moved out a few weeks ago and the dilemma is where to get new student tenants at this time of the academic year as I refuse to give up control of an expensive property to a family that will be very difficult to evict without selling up or undertaking major building work.
On the bright side, the 33% rent increases last June softens the blow if I have a void until next May or June and I will get this property back to A1 condition to justify the highest rent possible if I need to wait a few months for new students.
I'm still sticking with student tenants only in the Peoples Republic of Scotland where decent families are now far too risky as tenants compared to a bunch of students!
However one load of students all fell out and moved out a few weeks ago and the dilemma is where to get new student tenants at this time of the academic year as I refuse to give up control of an expensive property to a family that will be very difficult to evict without selling up or undertaking major building work.
On the bright side, the 33% rent increases last June softens the blow if I have a void until next May or June and I will get this property back to A1 condition to justify the highest rent possible if I need to wait a few months for new students.
All this attack on Private landlords by Mr Michael Gove is laughable.
Robert just confirmed what we all know he has driven up Rents by 30% because he loves them so much he is their friend and doing this to help them.
He even likes them so much that he is calling it the The Renters Reform Bill which primary function is to destroy them. Scrap it now time for you to go. Created too much homeless, misery & poverty.
I see my post calling Beadle incompetent and not looking after members of the NRLA has been removed....is this not a place for free debate?
No, Ray, it isn’t. You must not do anything that does not praise His Maginificence, the Most Wonderful and Exalted, High Mukka Mukka, the Boy Beadle. He has given so much of his life for the NRLA and their members. His wounds from his battles to protect their interests are insignificant and members are asked to pray for his recovery. 😉 A shame sarcasm doesn’t translate well online.
My deleted post questioned Beadles ability and said all major decisions affecting the NRLA's members should be voted on. Lord Beadle should not be making decisions which negatively affect the NRLA's members without some kind of vote.
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