Renting reform group demands more radical changes
Although the Renter's Reform Coalition welcomes the Renter’s Rights Bill it is demanding Labour must go much further to 'protect tenants'.
Tom Darling from the Renters’ Reform Coalition has welcomed both Labour’s Renter’s Rights Bill and Awaab’s Law but says the renting crisis in England is “out of control” and more radical reforms are required to protect renters further.
He told Sky News: “Homelessness linked to no-fault evictions has only continued to rise since the election. The government must act soon – and we’re pleased it sounds like their proposed Renters’ Rights Bill isn’t too far away.”
Wider reforms
But added wider reforms were: “Essential to ensure renters have genuine security in their homes”.
He said this should include longer eviction notice periods as well as eviction-free periods at the start of a tenancy and also wants limits placed on how much rent can be increased during a tenancy.
Essential to ensure renters have genuine security in their homes”
And the group has warned the Government should not follow the Tories’ lead and reform the courts before banning Section 21 notices, as it would hugely delay the progress of the bill.
The Renters’ Reform Coalition’s words carry weight in Westminster, as it is made up of 20 highly respected charities and organisations including Citizens Advice, Lloyds Bank Foundation, Nationwide Foundation, the Chartered Institute of Environmental Health, Crisis, Shelter and the Joseph Rowntree Foundation.
The RRC’s mandate is to support and represent private renters.
What an absolute shambles. I won’t mince my words, but this is a ‘shower of s@%#’
Can the so called MPs not see the warning signs. The iceberg is there on the horizon, in full view, and we’re going to hit it big time, full on! Like others have said, pretty soon, there won’t be any homes left to rent out and we’ll say, ‘we told you so!’
Bring back Guy Fawkes!
When will these people wake up to the fact that landlords providing much needed rental properties is NOT a public service. Have we all forgotten how few properties were let before the 1988 Housing Act provided the mechanism to allow landlords to regain possession when they needed it.
I have been a letting agent for 35 years and I have never seen landlords sell up and get out of the market in such numbers as I am witnessing now.
The housing crisis is indeed a complex problem with no easy solutions, but theres much that can be done now!
1. **Lack of Social Housing**: There’s a consensus that successive governments haven’t adequately addressed the need for social housing. This has led to increased pressure on the private rental sector (PRS) and has exacerbated issues of affordability and availability.
2. **Impact of Section 24**: Section 24, which removed the tax relief on mortgage interest for landlords, has indeed had a significant impact. Many landlords have found it financially unviable to continue renting out properties, which has contributed to the reduction in available rental stock.
3. **Current Rental Market Challenges**: With the rise in rental prices and the increased regulation of the PRS, landlords are facing tough conditions. The proposed renters’ reforms, which include more protections for tenants, could further strain the balance between landlords and tenants.
4. **Need for Collaboration**: instead of penalising private landlords, the government should collaborate with them until sufficient social housing is built a more cooperative approach could potentially alleviate some of the pressures on both landlords and tenants.
5. **Sustainability of Landlord Business Models**: With increased regulation and financial pressures, it’s understandable that some landlords may feel disincentivised to continue. Balancing tenant protections with landlord interests is crucial for maintaining a functional rental market.
Addressing these issues will likely require a multi-faceted approach, including:
– **Increased Investment in Social Housing**: To reduce reliance on the PRS and ensure more affordable options are available.
– **Revisiting Tax Policies**: To make renting out property a viable business for landlords while still protecting tenants.
– **Regulation and Reforms**: Ensuring that any new regulations protect tenants while also considering the sustainability of landlord businesses.
– **Collaboration**: Working together with landlords, tenants, and other stakeholders to create solutions that address the needs of all parties involved.
The housing crisis is a significant challenge, and finding effective solutions will require careful consideration and compromise from all sides.
Michaela
Pity you are not in the commons as you have set out the main issues and main solutions. Sadly MPs do not wish to listen and the wet behind the ears people with loud voices are clueless as to the economics of renting and required solutions for bad tenants, which outnumber bad landlords.
They’ll have no houses soon to rent. What Landlord is going to rent out knowing he can’t get it back and not charge what is needed.