12 months ago | 6 comments
Tenant organisations, including Shelter, have slammed ‘self-interested landlords in the House of Lords’ for delaying the Renters’ Rights Bill.
According to the i newspaper, 10 peers who have tabled amendments to the Bill, including keeping fixed-term tenancies, are landlords themselves.
The news comes after senior figures within the Conservative Party have allegedly engaged in confidential discussions with landlords to derail the government’s Bill.
In research shared with the i newspaper, the Renters’ Reform Coalition reveals nearly one in five (162) sitting peers in the House of Lords are landlords, with more than 100 having financial interests in property and lettings.
The i claims at least 10 of the peers tabling amendments that advance the interests of landlords are landlords.
Despite critics claiming the amendments “advance the interests of landlords”, the amendments also help tenants.
Lord Strasburger, Lord Carrington, and Lord Jamieson, who are landlords, have tabled amendments to allow fixed-term tenancies to continue, which they say “certain groups rely on.”
In the student rental market, fixed-term tenancies are vital as they give security to tenants and landlords.
If fixed-term tenancies are abolished, landlords would have no guarantee that their flats would be available to rent at the start of the academic year, which would also cause chaos for students.
Lord Hacking, another landlord and Labour peer, has proposed that renters should pay their landlords’ legal costs if they challenge a rent increase and are unsuccessful.
Lord Jackson of Peterborough, who is also a landlord, has tabled an amendment which would allow smaller landlords with five or fewer properties to still be able to issue Section 21 notices.
The Renters’ Rights Bill aims to abolish Section 21 notices as soon as the Bill becomes law.
His amendment says: “Many smaller landlords are less likely to have the capacity to fund legal proceedings.”
The Earl of Kinnoull, a Conservative peer who receives rent from cottages, has proposed reductions to fines for landlords limits the local housing authority’s power to impose a financial penalty of £40,000 to £7,000.
The peer has also tabled an amendment for a introduce a new option of a landlord pet damage deposit.
Another of his amendments would make it harder for landlords to be fined by courts if they discriminate against tenants on benefits or with children.
Lord Carter of Halesmere has tabled amendments to help landlords regain possession.
Under the Bill, the threshold for rent arrears would increase from two to three months before a landlord could enforce repossession by serving notice.
However, one of the amendments, proposed by Lord Carter of Haslemere, keeps the existing two-month threshold in place when the Bill comes into force.
The second amendment would allow landlords to continue using rent arrears caused by delays in universal credit payments as a ground for possession.
Other Lord members who are also landlords include Lord Truscott who has tabled an amendment to still allow a tenant to pay up to 12 months of rent in advance, if mutually agreed with the landlord.
The Earl of Leicester and the Lord Bishop of Manchester also have landlord interests.
Mairi MacRae, director of campaigns and policy at Shelter, told the i newspaper that the government must not be swayed by “self-interested landlords”.
She told the i newspaper: “It beggars belief that a handful of self-interested landlords in the House of Lords are cooking up cynical schemes designed to bring the progress of the Renters’ Rights Bill to a standstill.
“Renting reform is too important and too urgent to be held hostage by vested interests.
“If the government is serious about making renting more secure and affordable, it must resist this last-ditch attempt to weaken the Bill.”
The Renters’ Reform Coalition and tenant organisation ACORN echoed Shelter’s thoughts and claimed to the i newspaper “these Lords to stop playing political games with the lives and wellbeing of renters.”
However, as the Conservative party points out, the Renters’ Rights Bill will cause unintended consequences for the private rented sector and lead to a reduction in supply.
A Conservative party spokesperson told the i: “We have been warning that the bill is deeply flawed and will lead to a reduced supply of rental homes, which will increase the cost of renting and affect young people.”
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Member Since April 2020 - Comments: 95
5:23 PM, 15th April 2025, About 12 months ago
Reply to the comment left by Cider Drinker at 15/04/2025 – 15:31
I agree CGT being a tax on inflation, how can this be right its tantamount to highway robbery and therefore should be treated as a criminal act. How can it be justified to tax people on money they havn’t actually made, but hang on did someone say Section 24!
Member Since November 2023 - Comments: 20
5:29 PM, 15th April 2025, About 12 months ago
Reply to the comment left by Stella at 15/04/2025 – 12:29
I’m in the rental business for the long haul so I don’t want to evict my tenants
I’ve no mortgages on any properties so I’m not highly leveraged and at the mercy of interest rates
I’m happy to make an average 9% yield and provide safe, comfortable and economical accommodation for all my tenants – not worried about repossessions
Member Since December 2023 - Comments: 1573
6:01 PM, 15th April 2025, About 12 months ago
Reply to the comment left by Stella at 15/04/2025 – 12:29
I used to offer my tenants a 3 year fixed term with a break clause for their use only. They were free to leave with a month’s notice at any point.
The RRB will mean they will less security of tenure.
If I pop my clogs, the benefactors of my Will will be able to get the tenants more quickly (and they will because government, Shelter (who don’t provide shelter to anyone) and the myriad of other leeches feeding on tenants’ misery, have made being a landlord so toxic and unattractive, they want nothing to do with it).
Member Since November 2023 - Comments: 20
6:06 PM, 15th April 2025, About 12 months ago
Reply to the comment left by Cider Drinker at 15/04/2025 – 18:01
Thank you – a voice not clouded in emotion and looking at the current situation with a view to leverage any opportunities in amongst the mess to reward loyal tenants and future proof our investments
Member Since December 2023 - Comments: 1573
7:24 PM, 15th April 2025, About 12 months ago
Reply to the comment left by MPD at 15/04/2025 – 17:29
Please, share the numbers for 9%.
Member Since November 2023 - Comments: 20
7:37 PM, 15th April 2025, About 12 months ago
Reply to the comment left by Cider Drinker at 15/04/2025 – 19:24
It’s an average over all my rental properties
You should know the calculation and if not you need to find another investment
Want more stats ?
I’ve got 100% occupancy
Zero rent arrears
2 months worth of un-occupancy in the past 5 years
No guarantors or deposits requested
Average 30 applications per advertised Tenancy
All my current Tenants are on 3+ years fixed term/fixed rates with 3 months notice if they want to leave
100% satisfaction rates
All notified repairs carried out within 48 hours
White goods replaced old for new – no questions asked
We take care of our tenants and they take care of us
We are just getting on with our business and not allowing the RRB to distract us from our proven business model that works for us
Member Since June 2014 - Comments: 1562
9:44 AM, 16th April 2025, About 12 months ago
Reply to the comment left by MPD at 15/04/2025 – 19:37
“Average 30 applications per advertised Tenancy”
Same here. Just had 50+ enquiries before withdrawing the advert. It’s getting really desperate for tenants.
Member Since November 2024 - Comments: 81
12:46 PM, 16th April 2025, About 12 months ago
Reply to the comment left by GlanACC at 15/04/2025 – 10:10
Exactly so wonder why the NRLA were joining the anti-landlord bashing band waggon in wanting to rush it through! Another action of the NRLA to make me think that they are not acting for landlords interests.
Member Since October 2023 - Comments: 36
7:18 AM, 19th April 2025, About 12 months ago
It’s about time that the interests of landlords are represented in this new RRB. It’s been a one sided affair so far in favour of the tenant, how is that supposed to be fair? I hope these sensible ammendments get placed in the new bill, that would be one in the eye for these so called housing charities Shelter, Crisis etc. Socialism must not win. Let’s hope the fight back has begun on the ludicrous RRB.
Member Since August 2013 - Comments: 179
7:42 AM, 19th April 2025, About 12 months ago
Interesting that 44/404 (11%) of Labour MPs are landlords themselves.