Most landlords don’t understand the Renters (Reform) Bill – survey

Most landlords don’t understand the Renters (Reform) Bill – survey

0:03 AM, 25th March 2024, About a month ago 7

Text Size

While the controversial Renters (Reform) Bill is making its way through Parliament, most landlords don’t know what is in it, a survey finds.

The Bill will deliver one of the biggest changes to England’s private rented sector.

Among the issues are the end of fixed term tenancies and the abolition of Section 21 ‘no-fault’ evictions.

The research from Propertymark found that 18%, or one in five landlords, agreed that they understood the Bill.

And 20% of landlords disagreed.

Another 61% said they neither agreed nor disagreed.

‘81% of landlords were not confident that they understood the Bill’

Propertymark says: “This suggests that 81% of landlords were not confident that they understood the Bill or at the very least, were not entirely confident.

“This is alarming but not unexpected given that 77% of landlords hadn’t read or had only partially read the guidance.

“This raises questions regarding the robustness of the Bill’s communication and consultation process and the extent to which landlords proactively engage with legislation.

“Regardless, it does not bode well for future implementation and compliance.”

Members will offer professional support to landlords

The letting agents’ body says that should the Bill become law, its members will offer professional support to landlords to deal with its implementation and compliance.

Propertymark worries over whether the government will offer more guidance – and whether any support will be enough to help self-managing landlords.

The organisation says: “As it stands, the Bill necessitates a range of changes which will fundamentally alter how the sector operates.

“Change on this scale can cause uncertainty and this can lead to worry and resistance.”

The research can be found in the report, ‘Reforming the PRS: landlord views of the Renters (Reform) Bill’.


Share This Article


Comments

Paul Essex

13:26 PM, 25th March 2024, About a month ago

Silly survey, nobody can understand the bill as the contents seem to change on a weekly basis and there is probably deliberately no real information on ASB .

How can hear-say be used without identifying the source (if it could be done, anyone could just make up some to remove an unwanted tenant).

The 18% who claimed to understand the bill are probably delusional.

Cider Drinker

16:21 PM, 25th March 2024, About a month ago

It’s all about perception.

They could have concluded that 79% of respondents understood the Bill, at least to some extent.

Reluctant Landlord

9:07 AM, 26th March 2024, About a month ago

does ANYONE know what stage this is at now?

I last heard that there have been a number of amendments put forward - with anger from some Tory MP's about the rigidity of some aspects of the Bill.

Where is this amendment list exactly, what does it list, and when is the next date where these are supposed to be discussed??

Reluctant Landlord

9:20 AM, 26th March 2024, About a month ago

Very interesting amendment proposed...

Matthew Pennycook _27
Clause 53, page 67, line 18, at end insert—
“(ba) details, which may include copies, of all notices seeking possession
served by the residential landlord in respect of each dwelling of which
he is the landlord, and”
Member's explanatory statement

This amendment would require the database to record details of notices of possession served by a
landlord in respect of each dwelling of which they are the landlord.
-----------------
This would mean a public register of the details of why tenants had been evicted! Good news for LL's, although I suspect Pennycook is trying to use this to show the number of times an 'evil' LL evicts someone.

Freda Blogs

13:25 PM, 26th March 2024, About a month ago

Reply to the comment left by Reluctant Landlord at 26/03/2024 - 09:20
Could be interesting if the data re tenant evictions could be 'harvested' to show the true picture, which is currently obscured through S21.

However, any trends revealed would likely be too little too late, as many LLs will have exited the PRS by then.

GlanACC

8:18 AM, 30th March 2024, About 4 weeks ago

Interesting because at the moment a landlords doesn't have to keep records of an inactive tenancy for more than 7 years (although I don't think this is written anywhere legally). ALSO, CCJs for a tenant and the like are removed by the credit agencies after 6 years (this is a legal requirement). So how would it work ?

Leave Comments

In order to post comments you will need to Sign In or Sign Up for a FREE Membership

or

Don't have an account? Sign Up

Landlord Tax Planning Book Now