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The Renters Reform Bill will not go for its Third Reading in the House of Commons for at least another fortnight.
The Bill - which some claim has been slowed down in its progress in the House of Commons because of its unpopularity with many Tories - completed its Committee Stage on December 6 but has not yet been scheduled for its next stage, the Third Reading.
And just before the weekend the Leader of the House of Commons, Penny Mordaunt, told fellow MPs that debates this week would include those about the Finance Bill, local government funding, HIV testing, the management culture of the Post Office, and a subject still to be decided by the opposition Labour benches.
However, there was no reference to the Renters Reform Bill and - with the House of Commons adjourning on Thursday evening this week until February 19 - that means at least a further two weeks with progress on the measure.
The Renters Reform Coalition - a group of tenant activist groups including the controversial Acorn organisation - has already protested some 10 days ago at what it sees as the unnecessary delay. On social media it said: “Once again, still no sign of the Renters Reform Bill as @commonsleader @pennymordauntonce announces the order of business for the coming weeks. Homelessness is at record levels, yet the Government is progressing legislation that could help address this at snail's pace.”
Controversy continues to surround the proposed legislation.
Most recently the letting agents’ trade body Propertymark gave the views and worries of a poll of some 650 letting agents. This reported that:
- 73 per cent of agents think that the Bill is fundamentally unfair;
- Over 60 per cent believe the removal of fixed term tenancies will impact tenants negatively;
- 70 per cent agree that student lets should be exempt from the removal of fixed-term tenancies;
- Only around half (54 per cent) believe the government’s new PRS Database will improve PRS standards;
- And 90 per cent agree the following possession grounds should be made mandatory: breach of contract; repeated late payment of rent; securing a let on the basis of false information.
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No one is listening…. It’s all pro tenant.
Of course they are not listening. There are more tenants, in other words votes, than landlords. 😡 Our grubby politicians are all about chasing the votes. 🤬
It’s coming, come what may, another small delay doesn’t matter, just another knife 🔪 in the back for the PRS.
Private landlords are tax unfairly compared to a limited company.
Therefore all the stable reliable long term landlords are now selling up.
Private landlords need the mortgage tax relief back.
After 20 twenty year as a landlord we are selling we are being robbed.
Over 60 per cent believe the removal of fixed term tenancies will impact tenants negatively;
The end result is higher rents for tenants,!!!
They will rob you again David, with CGT when you sell too.
My tenants have told me they like the certainty of the 1 year fixed term that I renew for them each year. They are worried in future a LL can just sell a house at any time.
Is it not a landlords prerogative to sell his/her own property? Surely, such tenants should go for council housing if they have these concerns.
Your tenants may not fully appreciate that we have always been able to sell, as we should be given we own the things.
It seems the security of tenancy that the politicians are after will actually be eroded as some LLs will sit down and do their maths and see what properties they can sell up and what properties can be left empty. They may be able to survive on about half of their properties rent out to pay interest, council tax in empty properties and maintenance of the properties. Empty properties do not attract any maintenance. Less taxes, so less funding paid to the government. They will get cgt though, but over 5 to 10 years, they may see the huge issues caused by them. If all LLs decide to have 2 properties empty out of 6 to 10 owned btl properties, then council will not earn and license fees and no taxes on them. I certainly wish to sell about 5 properties within the next 4 years, including our residential to move into a btl property, normally let to students (always high demand). The students will suffer and so would other tenants.
It does not take the Brains of Einstein to see that the Renters Reform Bill will decimate the Private Rental Market. There are 50 plus applicants for every property to rent now.
Key Points as I see it
1 No Landlord ever bought a Property to donate to the tenant for Life.
2 With Section 24 Taxes Many properties are currently un-profitable or not worth the aggro for low returns
3 There will be very few new Landlords .
4 Tennant will be locked into their current property because there is nowhere to move to.
5 Rents will increase for the renters lucky enough have a place to rent.
6 Even if Gove and Rayner get a Job at Persimmon on the trowel then cannot build enough houses. and they cannot stop the small boats
I can't see Rayner contributing very much with a trowel on a building site. She would probably more often than not be found in a site cabin entertaining her male colleagues during their breaks.
Nick
Her legs seem to be extremely flexible and her attitude most accommodating - but entertaining? Not in my opinion!
Speak for yourself Robert. But some people do like an angry ginger.
I think she is very flexible though. She was a young teen mummy don't you know. All paid for by others. And she's proud of it. Bless.
Just like the Postmasters where we are wondering why did no one asked why have all these postmasters suddenly become dishonest. In 10-15 years when we have a massive housing problem there will be a DocuDrama on housing and they will be asking why did no MP's ask the question "Why are Landlords suddenly selling up and what is causing the sudden reduced number of available PRS properties"!
I hope that Gove, Rayner and that man Davey again, will be able to explain how they contributed to that shortfall!
Ditto HS2 - the £100 billion train line that shaved 20 mins off a trip
Ditto Net Zero - the bonkers plan that bankrupt the whole country
Endless list really
Don’t forget Covid. A bit of a cough and headache for almost everyone. It was nasty, but shutting the whole country down over it. Furlough, bounce back loans, the debt it’s given traders like pubs etc. They could have spend that money much more wisely.
Grumpy D’ I also think there is no need for HS2 by the time it’s completed technology will have moved on so much as many people won’t need to travel or as often. Look at all the Offices that are no longer required, Bank Branches as well by the thousand redundant. This has now become Private Landlords Problem, they want our Business make no mistake about that. Which is what THE RENTERS REFORM BILL & Borough wide Licensing Scheme’s is all about to Bankrupt us and drive us out.
In short we are made scape goats by the guys from Oxford, Cambridge, Harrow or Harvard they’ll carve it up between themselves.
I know about the Government people and the trowel.
I have had them on site to lay the Foundation Stone, first order the sign written Portland Stone lay the bricks to the level of the Stone, set up tripod with pulley to put it in place lay the Stone nicely on packers, remove it to one side have the silver trowel hired and the mortar mixed. Wait for the Gov’ big man the crowd & film crew and you are in business the’ll lay the stone and make the speeches job done, now put the trowel off, cut me out of the photo in the News Paper by putting a few column inches in that part of the photo 😂👍
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