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OTHER GUIDES & TIPS

Agency appears not to know Renters Reform Bill is dead

A lettings agency has issued a statement seeking to woo landlords  and says the “forthcoming legislative changes such as the Rental Reform Bill” should encourage more investors.

Cheshire agency Gascoigne Halman has issued the statement, accompanied with examples of above-average yields achieved by landlords in the county. A lettings director is quoted as saying: “These yields really showcase the resilience of the local rental market and why Cheshire continues to appeal to property investors.

“Cheshire offers a diverse range of properties, from picturesque villages to vibrant towns with the demand for quality rental homes continuing to outstrip supply.  This is an extremely landlord friendly region with a buoyant market, strong tenant demand and very attractive yields. 

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“Our experience is that tenants don’t mind paying above average yields for properties that are well positioned, presented, and managed. Indeed, many tenants feel it is worth paying that little bit extra to secure a well-managed property and the peace of mind that they have reputable landlord.  

“Forthcoming legislative changes such as the Rental Reform Bill are set to provide greater security for both parties, meaning now is an opportune time for existing and prospective landlords looking for stable returns to talk to us.”

Accompanied by high levels of publicity from industry and mainstream media, the Renters Reform Bill failed to make the cut when the General Election was called and has been abandoned by the government.

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    Nottingham City Council recently told LLs that the RRB had become law in April!

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    😆🤣- says it all about councils- they HAVEN’T got a CLUE!! what’s going on.

  • Sarah Fox-Moore

    Councils and Letting Agents are two examples of places idiots can find "work".

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    a prime example of Estate agent trying to drum up his agent management business

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    Landlords have to be very careful when they rely on agents. Most don't know the law properly. Many simply want to get their commission and therefore could saddle landlords with sitting tenants if/when Labour wins in a few weeks.

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    Gascoigne Halman is the letting equivalent of the Titanic Captain telling everyone it’s only a little leak.😂 I appreciate he is probably desperate for business, but time to live in the real world, Gascoigne.😉

  • Gascoigne Halman


    We regret this article has been released with the obvious error referring to the Renters Reform Bill, the article was drafted in principle some time ago. There was a 'wash up' period where some legislative bills were rushed through prior to the dissolution of Parliament and the General Election – the Renters Reform Bill was not one of them. Therefore, it may now be some time before this bill is picked up again and it may be re-written entirely. We await the election manifestos with interest and hope the next administration prioritises new legislation to end the uncertainty currently faced by landlords and tenants in the private rented sector.

    Richard LeFrak

    Fair point and glad to see you coming on here to qualify it. I think if a few more letting agents and landlords got together on PRS we could probably get some traction.

    No point asking Ben The Beadle he represents not one of us.

     
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    Yes, it is an obvious error and should have been picked up BEFORE it was released. that it wasn't does not inspire confidence.

    At least you are aware that there is an election coming up.

     
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