Renters’ Reform Bill To Abolish Section 21 Notices
This week’s Queen’s Speech confirmed legislation to end Section 21 eviction notices. The Renters’ Reform Bill will abolish “no fault” evictions will mean landlords will be required to provide concrete reasons, evidenced by law when seeking to evict a tenant.
The trade body, ARLA Propertymark has expressed concern over the legislation and its potential effect on rental supply.
ARLA Propertymark’s Chief Executive made the following comment:
‘In the absence of any meaningful plan to boost the level of social housing in this country, the announcement confirming the abolition of Section 21 in today’s Queen’s speech is another attack against the landlords who actually house the nation.
‘If Section 21 is scrapped, Section 8 must be reformed, and a new specialist housing tribunal created. Without this, supply will almost certainly fall which will have the consequential effect of raising rents and will further discourage new landlords from investing in the sector.
‘ARLA Propertymark will be engaging with the Government to ensure they fully understand the consequences of any changes, and we will be scrutinising the legislation, to ensure landlords have the ability to regain their properties if needed.’
You can read more about the Bill and Arla Propertymark’s comments on it here.