20th
Jul 2022
A trade body for lettings agents says the ‘furore’ over the eventual scrapping of Section 21 notices as highlighted in the media is not going to cause as bigger upset than previously thought.
The trade body has just released a statement on its website somewhat laughably suggests that although landlords will feel they are about to lose their ability to regain possession of their properties when they need to, that Section 21 is in effect rarely used.
The trade body says: “The statistics show that most landlords do not serve section 21 notices to end tenancies which are in the main ended because the tenant wants to leave. After all the landlord business model works most efficiently when the tenant is paying the rent and looking after the property with the landlord maintaining the property thereby allowing the tenant to live in a safe home.
“Void periods between tenancies erode the landlord’s return. The landlord may have to plan a bit further ahead, and probably be more cautious about which tenants to take, under these proposals. The tenant is proposed to have to give two months’ notice as well.”
Pressure groups across the UK have been demanding and campaigning for years for Section 21 to be abolished. Many sector experts claim that although there will be many changes made to the government under a new Prime Minister, it is highly unlikely the pledge will be dropped even if some of the other proposals in the White Paper are not included in the Renters Reform Bill.
The trade body says: “This is now the government policy and it’s unlikely that they will make a U-turn but it is possible that if landlords and agents put their concerns and ideas to government via their local MP or through us then we may collectively be able to contribute to reshaping the policy to make better law.”
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