Meeting MP about S21 Abolition – What’s the latest status?

Yes. That’s why my 3 bed rent has gone from £580 to £780. A distinct shortage of houses to let in what was once a saturated market. The election after next will be demanding rent controls. Welcome to 1980.

It’s crystal clear to me that the decision to abolish S21 has already been made, purely for political reasons I would think, and the “consultation” is a sham and purely for effect so the Govt can later say they followed the process.
It’s possible that with the Govt being so dysfunctional and chaotic there could be a miraculous U turn before S21 goes but that seems a long shot at the moment.
So the big question now is how are we landlords still in business going to handle this situation?
Apart from just selling up and reinvesting in another sector is there any other way to deal with this situation?
S21 is all about evicting a tenant, so if you don’t have a tenancy agreement do you actually have a tenant? In other words is it possible to use some kind of Airbnb arrangement where you have a renter but your agreement is with a company?
I’m sure your LA will still consider your house to be an HMO even with short term renters, and still demand you get a license, but the real issue here is how does a landlord get his property back when he needs to?
I would like to find a solution to this fast approaching train wreck of no S21 but if nothing appears then I too will have to bail out of the UK PRS as letting out my houses without a clear legal path which doesn’t take months to achieve and thousands spent in the process does not look like a very secure business investment.
I’m not an expert in this subject so if anyone has any bright ideas then can they please put them forwards.

Reply to the comment left by Bristol Landlord at 06/09/2019 – 18:15
What actually happens determines the type of contract/tenancy, not necessarily what’s written.

For example, you can issue a piece of paper stating you have granted the occupant (tenant) a licence, but it will only be considered so if the conditions for a licence are fully met…otherwise it’ll almost certainly be a AST.

There will be no way around s.21 abolition.

David, good luck with your commercials although a word of caution. Chairman Mcdonnell and Comrade Corbyn stated that they would force landlords to hand empty shops to the council so that councils could open some rubbish community cohesion units. More complete tosh from these idiots who want to recreate the third reich policies of stealing private property.

Dear Larry,
Your emotions express our frustrations too.

Equities may be the way forward. Unethical investment might pay better dividends.. bombs, betting, booze and boobs, as the Americans might say.