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Industry survey shows continued opposition to S21 abolition

A survey of some 2,000 landlords, agents and others in the private rental sector show renewed concern over Section 21 and other measures contained in the Renters Reform Bill. 

Although the full Goodlord/Vouch report will not be released until mid September, a preview suggests that 54 per cent of landlords express pessimism about the Bill with just 14 per cent showing optimism. Letting agents are less divided - 43 per cent expressing pessimism and 29 per cent optimistic. 

The specific measure to abolish Section 21 continues to irk landlords. Some 62 per cent are opposed, although 29 per cent say they are neutral on the move - a softening of the position in last year’s survey.  Conversely letting agents have hardened their opposition to the abolition - 27 per cent supporting it in 2022 to just 11 per cent in 2023.

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On the introduction of a Private Rental Sector Ombudsman, 43 per cent of landlords oppose and 35 per cent are neutral. Letting agents and industry suppliers are more supportive - 42 and 41 per cent respectively believe it is a positive move.

William Reeve, chief executive of Goodlord, says: “Our upcoming report analyses the opinions of more than 2,000 industry stakeholders, covering more than 120 questions. Through this we’ve managed to build a 360-degree view of industry sentiment. We’re excited to share our findings in full in the coming weeks.”

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    For many of us, the removal of Section 21 will mean that we will not continue to let.

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    How can any Landlord be soft or neutral on this? With no fixed term, Landlords cannot plan ahead or have a good analysis of cash flow. Some Landlords could end up with multiple tenancies throughout a very short term which will lead to increased costs on re letting, inventories, set up fees etc etc.

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    An explanation could be the way that the questions are phrased.

     
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    Losing the 6 month minimum term will be problematic and cause pricing issues. How will a landlord know if someone is looking for a home or a holiday? Maybe the first 3 months should be priced at holiday rates and then dropped down to residential rates after that?

     
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    It's going to push rents up again! Add on a bit incase its short term then don't increase for a year or 2.

     
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    The landlords who rent in the sector where ASB can be a common occurrence, the lose of s21 will be catastrophic. 🆘 what will replace it will not be as good.

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    How can only 62% oppose S21? Why is it not 100%???

    Only 43% oppose interfering busybody ombudsmen? Why not 100%?

    I think some people are very naive. Will regret not voicing opposition later.

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    Agree 100% Nick!

     
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    They clearly believe this bankrupt government and their assurances that what will replace it will be the same 😂😂 So why change it 🤷‍♂️🤷‍♂️

     
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