Response to press speculation on three year tenancies

August 17, 2018

In responding to reports in The Sun that a decision will be announced next week on longer term tenancies, the Residential Landlords Association (RLA) warned that this would be a huge breach of confidence in the democratic process given that the consultation on longer tenancies does not close until 26th August.

In a later news release from RLA they reveal that in an official response from The Ministry of Housing, Communities & Local Government they confirmed there is NO announcement due on long term tenancies and reassured landlords all responses will be taken into account before a decision is made.

The news comes in the wake of a report in The Sun newspaper, in which an unnamed source said Housing Secretary James Brokenshire is backing calls for mandatory three-year tenancies, with a ‘formal decision’ due to be announced by the Government next week.

In an official response to an enquiry made by the RLA, his department confirmed:

  • The consultation ends next week and Ministers will consider responses ahead of announcing next steps.
  • No date has been set for an announcement.

The RLA had expressed concerns about the news report, with the consultation into the Government’s proposals not due to be completed until August 26th.

Read the latest news release from the RLA headlined ‘Government confirms NO announcement due on long term tenancies’ in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Real Estate Lawyers: Who They Are and What They Do?

When you want to purchase or sell a property, the best course of action would be to seek help from professionals. Real estate transactions usually involve huge sums of cash, so the legal protocols are there to ensure your security and prevent you from falling victim to fraud. Hiring a real estate attorney is essential,…
Read More →
Breaking News

Weekly News Roundup – 03/05/24

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of Contents Is Zoopla holding back the housing market? Will Yardi’s multi-million gamble on WeWork the former £37Bn Unicorn pay off? Nimbus report gives oversight on retail market post Covid   Is Zoopla holding back the housing market?…
Read More →
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker – 02/05/24

Matt Smith, Rightmove’s mortgage expert said: “Next week’s Bank of England meeting will be quite key for setting the tone for mortgage rates leading into summer. An uneasy few weeks for the world economy has meant that there is still a lot of uncertainty around when we might see the first interest rate cut – and…
Read More →
Estate Agent Talk

Powering Up Your Brokerage: How Real Estate Apps are Transforming the Industry

The real estate industry once literally hand-to-hand with traditional printed flyers and face-to-face meetings became digital-friendly after the revolution of technology. Among the key drivers of this transformation is the real estate app through which brokerages redefine the role they perform and the way they interact with clients. Streamlined Workflows and Increased Efficiency Gone are…
Read More →
Breaking News

Breaking Property News – 02/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X. Is Zoopla holding back the housing market? Maybe it is me! and definitely me and my dog Zara do not think like most people, but – each month in the UK just 100,000 properties complete (exchange) and in the past decade this has been the…
Read More →
Breaking News

Breaking Property News – 01/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fine & Country relaunches Masterclass Series for 2024 to support network in winning more business Set to take place in both London and Huddersfield, Fine & Country will be hosting informative and engaging Masterclass sessions again this year, sharing insight from property experts on…
Read More →