Consumer champion Martin Lewis - the man behind the Money Saving Expert website and TV shows - has backed the Renters Reform Bill.
In particular he has backed the concept of a compulsory redress scheme which individual landlords must join.
He says: “We have long needed a statutory single private rental Ombudsman - so I’m pleased to see it in the legislative plans.
“After all, disputes are often between two individuals - landlord and tenant – rather than between companies, so it can be very personal and difficult to sort.
“Crucially, it won’t be voluntary, all private landlords will be required to join the Ombudsman, and it will have legal authority to compel apologies, take remedial action and pay compensation.”
Meanwhile the Bill - introduced into the House of Commons today - continues to arouse controversy in Tory backbenches.
Marco Longhi, Conservative MP for Dudley North, told the Daily Telegraph that the Bill was “like wielding a hammer to crack a nutshell”.
He is quoted as saying: “It’s a disaster. You will see huge swathes of landlords leave the market, and this has been happening for several months already.”
Longhi - a private landlord himself - says: “The government doesn’t realise how much it depends on private sector landlords. These properties landlords are now selling aren’t even affordable for the majority of renters, so where are these people going to go?”
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I've just given the Bill a quick scan on the Gov website and it confirms the Conservative Government's intention that all PRS stock will have to meet the Decent Homes Standards. This confirms the 'direction of travel' of EPC Grade C as a minimum for all PRS houses and flats. This spells the end of expensive to heat/fuel poverty EPC Grade D and Grade E housing units. When I checked with my local MP she confirmed that The Minimum Energy Efficiency Standard Bill is now almost confirmed as Law, with all domestic rental stock required to to EPC Grade C by December 2028, latest. So we've got 5 1/2 years to insulate the walls, loft or roof and install a cost effective heating system into our units. This is clearly best done when the unit is vacant and in-between tenancies.
The American Petroleum Institute's Stanford research paper from 1968, confirming that burning fossil fuels causes climate change, would suggest that investing in a new gas combi boiler is not a wise move. Dimplex Quantum electric night storage heaters or Sinclair electric air-con splits (that provide winter heating via simple internal cassettes) seem like the obvious way forward for us. I've commissioned up-to-date draft EPCs from my energy assessor and asked him prepare draft predicted EPCs to find the least expensive pathway to make my rental units both EPC Grade C AND All Electric. It's a cost but so far all pretty straightforward
Do we really need this copy and paste on every article?
William….. Martin is a ‘ BOT’ and it appears he/she/they/them cannot help it 💊💊 pills are needed, and lots of them.
The posts are to divert discussion away from the Renters Reform Bill.
Marco Longhi MP is right in all the quotes above, likely because he is a LLD.
In particular: "These properties landlords are now selling aren’t even affordable for the majority of renters, so where are these people going to go?"
Especially if, as reported, other landlords aren't buying.
The newly created “ Tent ⛺️ City” 😱
Martin Lewis is wrong, for the first time I've known of.
My properties aren't in a limited company. I am an individual.
Can't think of any other case where an individual is someone who can be complained about to an ombudsman (compared to councils, other public bodies, estate agents etc).
Even financial advisers are companies, as I understand it.
Okay, MPs conduct can be complained about; but to Parliamentary authorities, not an Ombudsman. And for MPs, their colleagues decide the outcome, and in the Owen Patterson case even tried to change the rules -retrospectively- to let them off (though thankfully that failed, but Rees-Mogg didn't resign for trying).
Once all have to register It'll be just like 'Gas Safe ', training and assessment every few years at a cost running into thousands.
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