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A prominent group of economists has predicted the measures in the Renters Reform Bill will backfire on the government.
Matthew Lesh, Director of Public Policy and Communications at the Institute of Economic Affairs, says: “Making it harder to evict residents is only likely to make it harder to rent.
“Landlords will inevitably be more selective about who they offer properties to and charge higher rents when they cannot quickly evict bad tenants. That is likely to disproportionately hurt those who are poorer, younger, and from minority communities.
“Anti-landlord measures, including tax changes, and higher interest rates, are already contributing to many withdrawing properties from the market.
“New eviction rules and burdensome regulatory standards will only worsen the rental property shortage and record-high rents.
“The housing crisis won’t be solved by fiddling with rental rules. Britain needs fundamental planning reform to allow more homes to be built where people want to live – anything else will continue to see renters offered poorer quality homes at too high prices.”
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Correct on all points. Pity the Govt are not listening to common sense.
I've just given the Bill a quick scan on the Gov website and it confirms the Conservative Government's intention that all PRS stock will have to meet the Decent Homes Standards. This confirms the 'direction of travel' of EPC Grade C as a minimum for all PRS houses and flats. This spells the end of expensive to heat/fuel poverty EPC Grade D and Grade E housing units. When I checked with my local MP she confirmed that The Minimum Energy Efficiency Standard Bill is now almost confirmed as Law, with all domestic rental stock required to to EPC Grade C by December 2028, latest. So we've got 5 1/2 years to insulate the walls, loft or roof and install a cost effective heating system into our units. This is clearly best done when the unit is vacant and in-between tenancies.
The American Petroleum Institute's Stanford research paper from 1968, confirming that burning fossil fuels causes climate change, would suggest that investing in a new gas combi boiler is not a wise move. Dimplex Quantum electric night storage heaters or Sinclair electric air-con splits (that provide winter heating via simple internal cassettes) seem like the obvious way forward for us. I've commissioned up-to-date draft EPCs from my energy assessor and asked him prepare draft predicted EPCs to find the least expensive pathway to make my rental units both EPC Grade C AND All Electric. It's a cost but so far all pretty straightforward
Give it up Martin…. You need help 🏥 🤔
4 times now ChatBot - not even appropriate here!
Every time I see the name Martin Gibbons I don't bother reading the rest.
Yep all good points…. A sure fire guarantee the government won’t even look at it 🫤
Exactly. I can only think they want to kill the PRS
…..they think owner occupiers vote for them…..
All excellent points but who did Gove get in for a chat? A few sandal wearing liberals who are part of the offended where there's nothing to be offended about gang. If Beadle was About he could have canvassed opinion of his band of 100k members and asked for their feedback. Out of 2.6m 100k is not enough but would be good enough to get a feel of the real issues.
Noticed nothing about corporate social housing where people are left for six years before being found, what is the fair deal for those tenants?
Perhaps he spoke to people with beards and glasses, as well as sandal wearers. Probably a lot of 'the great unwashed' too. Add in some greens. They all have a lot of big ideas as to what to do with other peoples' money and assets.
GET OUT NOW, BEFORE THE RUSH
Edmonton County Cournts
19 weeks to open an email or letter
(was quoted as 57 working days, but 19 sounds smaller)
Judge given tenants 7 months to complete a defence and counting.
Will be well over a year, with 20k arrears
(equal to a year and a half living for free)
PUT YOUR MONEY WHERE YOU ARN'T HATED!
I sympathise with the above "GET OUT NOW, BEFORE THE RUSH"
My losses, arising from the exploitation of year-long eviction ban, and subsequent complications with estate agents, amounted to £34,000, and that was my only house.
I was working away, paying rent to someone else, while 'the tenant' was taking revenge on me, by exploiting the ban. I'd never done her any harm.
I am sorry to hear this. I served by S21 in August after the White Paper came out to BEAT THE RUSH!
According to government web site .Insulating a house could cost between 4000 and 14000 pounds and save 195 pounds pa on heating bills
Ie 20 to 70 years to recover the cost!
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