MPs Urged to Strike the Right Balance on Renters’ Rights Bill
Speaking prior to the second reading of the Renters’ Rights Bill, which will be debated by MPs later today, Chris Norris, Policy & Campaigns Director for the National Residential Landlords Association, said:
“The changes MPs will debate are the biggest shake up of the rental market for over 30 years. The proposed reforms need to secure the confidence of both tenants and responsible landlords if they are to work.
“Whilst the Bill should ensure that every tenant can live securely in decent housing, it should also avoid throwing the baby out with the bathwater.
“Private tenants are more likely to be happy with the housing services provided to them than all other tenures, with 82 per cent reporting satisfaction with their accommodation. The reality is that the vast majority of tenants already have a good relationship with their landlord. This should be the norm for everyone in the sector.
“Most importantly, with an average of 21 tenants now competing for every available home to rent, the Bill must not worsen an already chronic shortage of homes in the sector. All this would do is weaken tenants’ purchasing power, making it more difficult for them to hold rogue and criminal landlords to account as a result.”
You May Also Enjoy
Ten years on: More first-time buyers moving to cities while the coast stands still
Homeowners in England and Wales overvalue their properties by an average of 16%
Emergency Sidewalk Repairs: When to Act and Who to Call
Reapit report reveals agents’ long-term market confidence amid legislative challenges
Owner-Occupiers Drive Resilient Commercial Property Market
