Paul Shamplina, head of Landlord Action, has admitted the Labour landslide win will cause “significant concern” amongst landlords.
He says: “With Labour’s election win and their commitment to abolishing Section 21 ‘no fault’ evictions, there will be significant concern within the landlord community today about the future of their properties and tenancies.
“Although Labour pledged to scrap Section 21 from day one, recent statements by Labour’s deputy leader, Angela Rayner, on LBC Radio, admitted that the practicalities of this promise are far more complex, as we already know.
“An immediate ban on Section 21 evictions is not feasible without first addressing the current inefficiencies within the court system. Rayner’s acknowledgment of this highlights the need for a balanced approach that considers both the rights of renters and the practicalities faced by landlords.
“Nevertheless, given Labour’s pledge, we now anticipate a further surge in the number of landlords serving Section 21 notices in the coming months. Landlords are likely to act pre-emptively to protect their interests before any legislative changes take effect. At Landlord Action, we have already seen an increase in instructions for Section 21 notices as many landlords move to secure their rental income or prepare their properties for sale.
“The primary concern for landlords is that without the ability to use Section 21, they might face significant challenges in managing problematic tenancies effectively. The uncertainty surrounding the timing and implementation of these changes is likely to drive more landlords to take action now, rather than risk being unable to address issues swiftly in the future.
“While the intention behind scrapping Section 21 is to protect tenants from unfair evictions, it’s crucial that the transition is handled carefully. This will help avoid unintended consequences that could reduce the availability of rental properties and ultimately harm both landlords and tenants.”