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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Ditching Section 21 Notices Will See Landlords Ditching Sector And Tories

28th Mar 2024

The scrapping of Section 21 notices and ‘outlawing’ fixed-term tenancies are the biggest issues concerning landlords according to an association’s report.


Image credit: Unsplash

The association’s recent survey report says that 72 per cent of landlords are very concerned about the scrapping of Section 21 notices and 69 per cent were extremely nervous about the ending of fixed term tenancies.

The Renters Reform Bill will abolish all fixed term tenancies which includes assured and assured shorthold tenancies to be superseded by periodic tenancies without any end date.

Nearly a fifth - 18 per cent - of landlords did say they fully understood the Bill with just 3 per cent that took part in the survey saying they had actually read the government’s guidance for the Bill.

Over half – 52 per cent – of landlord respondents stated they had found the Bill’s guidance was not sufficient when recommending landlords that they should use lettings agents to take over the responsibility of having to deal with future legislative changes.

A spokesperson for the association, says:  “We have long argued that a fixed term tenancy allows security of tenure for the tenant and a guarantee of rent payments for the landlord. The Renters Reform Bill will only be workable in practice if it addresses the on the ground challenges, we know affect landlords.

“Furthermore, it is imperative that landlords are aware of the upcoming legislation and are given the adequate guidance and support to deliver a high level of service for tenants. Propertymark agents have a key role to play in the implementation of the legislation.”

In a recent edition of The Spectator magazine an article said that Michael Gove has made a bad decision in ending Section 21 which will only come back to haunt him.

Ross Clark a renowned writer and property expert says in the magazine: “This would essentially return tenancy law pretty well back to where it was in the 1980s, when many people with spare properties were loath to let them out for fear they would be unable to take back possession when they needed to. While the rental market has always had its Rachmans, happy to turn out a family of house and home on a whim, there are very genuine reasons why people might want a property back after, say, 12 months.”

Clark stated that with Gove attempting to introduce new reforms heavily skewed towards tenants and hopeful home owners over landlords, has already backfired.

Clark’s piece in The Spectator, says: “Gove has decided to side with frustrated would-be homeowners. But there is another group with whom you might expect the government to have a little more sympathy - private pensioners.

“If, unlike Gove, you do not face the prospect of a featherbedded retirement courtesy of a gold-plated pension underwritten by the taxpayer, you are forced to make other provisions. The miserable performance of the UK stock market has pushed many people of quite modest means into buy-to-let.

“These make up a large proportion of the landlords on whom Gove has declared war. He cannot expect a lot of thanks for this at the ballot box.”  


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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/