Renters Reform Bill must be changed to reassure landlords – NRLA

Renters Reform Bill must be changed to reassure landlords – NRLA


Todays other news
July 31 is the first deadline to bear in mind...
Landlords say years of mounting regulation are creating a growing...
Alex Radford is a dual qualified English Solicitor and Spanish...
Privately rented dwellings in England grew by 96,000 between 2023...


The National Residential Landlords Association says the Renters Reform Bill won’t win the support of landlords in its present form.

Advertisement

The Bill has just finished the committee stage, a part of the formal process for legislation going through parliament.

Advertisement

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.

Advertisement

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. 

Advertisement

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.

Advertisement

“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.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
9 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Privately rented dwellings in England grew by 96,000 between 2023...
Hubs offer practical and trusted guidance, the association says...
The warning says no landlord, anywhere, is immune from the...
A prominent agent says he’s expecting a “significant shift” in...
Jonathan Dinsdale is a senior associate in the Thames Valley...
Recommended for you
Latest Features
July 31 is the first deadline to bear in mind...
Landlords say years of mounting regulation are creating a growing...
Alex Radford is a dual qualified English Solicitor and Spanish...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.