Queen’s Speech 2021 – Landlord Reactions

Queen’s Speech 2021 – Landlord Reactions

17:13 PM, 11th May 2021, About 3 years ago 33

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My Government will help more people to own their own home whilst enhancing the rights of those who rent.

Laws to modernise the planning system, so that more homes can be built, will be brought forward, along with measures to end the practice of ground rents for new leasehold properties [Planning Bill, Leasehold Reform (Ground Rent) Bill].

My Ministers will establish in law a new Building Safety Regulator to ensure that the tragedies of the past are never repeated [Building Safety Bill].

In more detail the Renters’ Reforms

“My Government will help more people to own their own home whilst enhancing the rights of those who rent.”

The Government is committed to building back fairer and having a Better Deal for Renters in England. Later this year we will: publish our consultation response on reforming tenancy law to abolish Section 21 ‘no fault’ evictions and improve security for tenants in the private rented sector, as well as strengthening repossession grounds for landlords when they have valid cause.

Outline proposals for a new ‘lifetime’ tenancy deposit model that eases the burden on tenants when moving from one tenancy to the next, helping improve the experience of those living in the private rental sector.

Bring forward reforms to drive improvements in standards in rented accommodation, including by ensuring all tenants have a right to redress, and ensuring well targeted, effective enforcement that drives out criminal landlords, for example exploring the merits of a landlord register. We will publish a White Paper detailing this reform package in the autumn, and legislation will follow in due course.

There will be extensive stakeholder engagement working with the sector to inform and shape reforms. This will ensure the reforms deliver a private rented sector that works for both tenants and landlords, while also learning from the pandemic and its impact on the sector.

This reform package is also expected to require all private landlords to belong to a redress scheme, to drive up standards in the private rented sector and ensure that all tenants have a right to redress.

Consider further reforms of the private renter sector enforcement system so it is well-targeted, effective and supports improvements in property conditions. This will include a set of measures to hold bad landlords to account for delivering safe and decent housing to tenants without penalising good landlords.

Explore improvements and possible efficiencies to the possession process in the courts, to make it quicker and easier for landlords and tenants to use.

We will continue to deliver on the Social Housing White Paper proposals, including implementing the Charter for Social Housing Residents, delivering transformational change for social renters. We will also continue to develop reform of social housing regulations and look to legislate as soon as practicable. These reforms will drive social landlords’ compliance with improved consumer standards and place social renters’ interests at the heart of the regulatory system. We have already launched a review of the Decent Homes Standard, a working group on electrical safety, and held a consultation on smoke and carbon monoxide alarms, three key aspects of our commitment to ensure safe and decent homes, as well as running a national campaign to raise awareness of how to seek redress.


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Comments

TheMaluka

10:33 AM, 12th May 2021, About 3 years ago

Reply to the comment left by Ian Narbeth at 12/05/2021 - 10:27
Every year I lose enogh to buy a new mid range car, look at all the tax HMRC are not collecting as a result, surely it would be to the government's advantage that this rent is collected?

Ian Narbeth

10:44 AM, 12th May 2021, About 3 years ago

Reply to the comment left by David Price at 12/05/2021 - 10:33
Nice try David, but if your defaulting tenants spend the rent money on other stuff the Government collects VAT and Corporation tax on profits.

TheMaluka

11:07 AM, 12th May 2021, About 3 years ago

Reply to the comment left by Ian Narbeth at 12/05/2021 - 10:44
And since tenants tend to spend on beer and cigarettes they probably pay more tax tha I would. But if they spend it on drugs thare is no tax.

Lee Bailey

12:38 PM, 12th May 2021, About 3 years ago

Reply to the comment left by Dylan Morris at 11/05/2021 - 21:10
The UK = Communists in disguise.

JB

15:35 PM, 12th May 2021, About 3 years ago

As usual when the landlord loses money on bad tenants who 'get away with it' (aided and abbetted by Shelter and the Government) they claw back loses by putting the rent up on their good tenants.

Do good tenants realise they are subsidising bad tenants?

TheMaluka

18:50 PM, 12th May 2021, About 3 years ago

Reply to the comment left by JB at 12/05/2021 - 15:35
Just as good customers subsidise supermarket shoplifters. The differnence is that supermarkets can do something about it, landlords cannot.

JB

10:42 AM, 13th May 2021, About 3 years ago

Reply to the comment left by David Price at 12/05/2021 - 18:50
The headline should be 'Government increses rent for (good) tenants AGAIN'

Dylan Morris

10:48 AM, 13th May 2021, About 3 years ago

If money has to be take out of a deposit at the end of the tenancy it clearly cannot be a “lifetime” deposit. I can see the Government admitting eventually that this isn’t going to work and then their solution will be banning deposits altogether. (Likely their plan all along and to soften us up first with talk of lifetime deposits).

TheMaluka

11:23 AM, 13th May 2021, About 3 years ago

Reply to the comment left by JB at 13/05/2021 - 10:42
Excellent response which should be conveyed to Shelter et al

The Forever Tenant

12:02 PM, 13th May 2021, About 3 years ago

I don't get how lifetime deposits are supposed to work.

What if an amount needs to be taken from the deposit, how and when does the existing deposit get topped up?

Rents are increasing, inflation is a thing, so £1,000 in an account now may not be a sufficient deposit in 5 years time. How and when would that get topped up? Should you top up the deposit if the rent is increased?

What if you are simply moving from a place with a lower rent to a higher rent?

There's one scenario that I think might work.

The tenant puts their deposit into the deposit scheme as normal. When the time comes for the tenant to move and they have been granted the new property, the government covers the full cost of the new locations deposit, given as a 12 month interest free loan.

Anything that is returned from the first deposit is used to pay off the loan, with monthly payments being reduced accordingly.

Would that work?

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