Renters Rights Bill – Thoughts from the Industry

Following the Renters Rights Bill announcement yesterday with one of the key features being banning no-fault evictions, the legislation will include a blanket ban on no-fault evictions under Section 21 (S21) of the 1988 Housing Act. Here are some thoughts from the industry.

 

Allison Thompson, National Lettings Managing Director, Leaders Romans Group:

“The Renters’ Rights Bill introduced by the Labour government brings significant changes to the private rental market, in essence many of the initiatives included in this version of The Bill remain similar to those in the previously defunct Renters (Reform) Bill. While many of these reforms aim to enhance tenant protections, it is crucial that the impact on landlords is carefully considered.

“The immediate abolition of Section 21 ‘no-fault’ evictions will provide tenants with greater security, but it leaves landlords concerned about the absence of a dedicated court system to handle cases of rent arrears or anti-social behaviour swiftly. Unlike the Renters Reform Bill, which proposed a delay until court reforms were in place, the Renters’ Rights Bill risks placing additional strain on an already overwhelmed system, making it harder for landlords to manage problematic tenancies.

“Labour’s inclusion of rent controls, restricting in-tenancy rent increases to once per year and aligned with market rates, introduces much stronger tenant protections compared to the Renters Reform Bill. The ban on bidding wars, while intended to curb unfair practices, in reality misinterprets the issue, as these are driven by the fundamental dynamics of supply and demand rather than being a deliberate practice by letting agents. Any legislation aimed at curbing needs to address the underlying market imbalance.

“The introduction of Awaab’s Law under the Renters’ Rights Bill sets crucial expectations for landlords to address health hazards such as damp and mould within specific timeframes. While ensuring tenant safety is paramount, the requirement to resolve such issues within 28 days, with initial inspections to be carried out within 14 days, could prove difficult for landlords, particularly those managing older properties that may be more prone to damp due to outdated infrastructure or design limitations. We believe that, in order to meet these new requirements without undue burden on landlords, there needs to be access to financial assistance or grants for upgrading older properties, along with clearer guidance on how to extend the timelines in cases where more complex work is required. This will help ensure that the private rented sector can meet these important health and safety standards, while still allowing landlords the flexibility to manage repairs properly.

“We also recognise the importance of the proposed landlord database, which will help ensure compliance and transparency in the sector. However, it is vital that the system is implemented in a way that supports good landlords, rather than adding unnecessary administrative complexity.

“At Leaders Romans Group, we remain committed to a balanced approach that ensures the rights of both tenants and landlords are protected. While we support many of the Bill’s objectives, we urge the government to consider the practical challenges and provide the necessary support to ensure a fair, stable, and sustainable rental market.”

 

Timothy Douglas, Head of Policy and Campaigns at Propertymark:
“Having met with the Housing Minister, it is clear his intention is for these reforms to overhaul private renting in England. They are a long-held manifesto commitment from Labour, with the new government at Westminster using their mandate for reform.
“Whilst Propertymark acknowledges the drive towards improved standards, the UK Government must fully understand and recognise the impact that these changes will have with agents up and down the country left wondering how this legislation will help meet the much-needed demand for homes for people to rent.
“With such significant changes to the current tenancy regime there must be a commitment to ensure the court system and grounds for possession are robust and fit for purpose. Furthermore, without an enhanced, effective and well-resourced enforcement regime from local authorities it is unlikely that any benefits from the reforms will be realised.
“Propertymark will continue to make the case for evidenced based policies that support a flexible and fair private rented sector for all.”

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Rightmove logo
Breaking News

Highest ever price gap between first-time buyer and second-stepper home

Latest Rightmove data shows that the price gap between a typical first-time buyer home and a second-stepper home is at its highest ever, increasing cost pressures on those looking to trade up: The average asking price for a 3-4 bedroom, typical mid-market second-stepper home is 52% more than a 0-2 bedroom, typical first-time buyer home…
Read More
Estate Agent Talk

Mortgage Rates and Human Behaviour: Why Small Changes Create Big Reactions

By Sarah Thompson, Group Financial Services Director, Mortgage Scout Mortgage rates have returned to the headlines in recent weeks, with some lenders pushing products back above 5%. Renewed market volatility has been driven in part by global uncertainty, including the conflict in the Middle East and its impact on energy markets and investor confidence. Yet…
Read More
Breaking News

Nearly six in ten UK property purchases trigger AML red flags

Nearly six in ten UK property purchases now require further scrutiny under anti-money laundering (AML) rules, according to new data from client due diligence platform Thirdfort. Analysis of more than 415,000 completed Source of Funds (SoF) checks found that 57.7% of transactions contained at least one red flag, with an average of two flags per…
Read More
Breaking News

Vanishing act of sub-4% fixed rate mortgages

A cut to Bank of England Base Rate (BBR) looks increasingly unlikely, with the upheaval in mortgage re-pricing leading to a vanishing act of sub-4% fixed mortgages, according to Moneyfactscompare.co.uk analysis. Mortgage market analysis The pool of lenders offering a sub-4% fixed rate deal has taken a significant blow. All of the biggest banks, namely…
Read More
Estate Agent Talk

Government’s Home Buying and Selling Reform

Will the Government’s Home Buying and Selling Reform Consultation Increase or decrease the speed at which the market moves? Kevin Shaw, National Sales Managing Director, LRG The government’s consultation on Home Buying and Selling Reform is a step in the right direction. It recognises what every estate agent and conveyancer already knows: property sales take…
Read More
Letting Agent Talk

The Draft Leasehold and Commonhold Reform Bill

Content and clarification Comment from the Association of Leasehold Enfranchisement Practitioners (ALEP) By Shabnam Ali-Khan – Partner, Russell-Cooke Following the rushed Royal Assent of the Leasehold and Freehold Reform Act 2024, further controversy has arisen. In the King’s Speech on 17 July, the new Leasehold and Commonhold Reform Bill was announced, but the full details…
Read More