Queen’s Speech – Landlord Reactions

Queen’s Speech – Landlord Reactions

12:19 PM, 10th May 2022, About A week ago 13

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In the State Opening of Parliament, the Queen’s speech (this year given by Charles the Prince of Wales) sets out the laws her government wants to pass and the priorities for the months ahead.

For the Property Sector the main headlines are:

Her Majesty’s Government will introduce legislation to improve the regulation of social housing to strengthen the rights of tenants and ensure better quality, safer homes. This will include the Renter’s Reform Bill which includes the end of section 21 so-called ‘no fault’ evictions and improvements to section 8 notices and lifetime tenant deposits.

The planning system will be reformed to give residents more involvement in local development,” in a Levelling Up and Regeneration Nill. This will be a watered-down version to be included in the levelling up Bill and not a full planning bill as promised in last year’s speech. This is due to a very poor reception from Tory Back Benchers.

The Levelling up and regeneration bill will include plans to stop high streets from being blighted by empty shops and give councils in England the power to force landlords to rent out commercial properties and new powers to take control of empty buildings through compulsory purchase orders.

The Bill is also expected to allow councils to double council tax on second homes that are not occupied.

Ministers will support the Bank of England to return inflation to its target. To keep inflation low and stable, the government sets the bank an inflation target of 2%.



Comments

by NewYorkie

12:54 PM, 10th May 2022, About A week ago

If you need your property back, but S21 is removed as an option, there will have to be a new Ground under S8 provided at the same time for e.g. sale, occupation by landlord, major works...

by Monty Bodkin

13:03 PM, 10th May 2022, About A week ago

Low level, persistent ASB is a major sticking point. It's currently impossible to evict for it with anything other than section 21.

by moneymanager

13:07 PM, 10th May 2022, About A week ago

"The planning system will be reformed to give residents more involvement in local development,” Said with tongue firmly in the cheek as yesterday, after a decade of repeated rejection at many levels, the Minister has finally approved the building of some 1000 house on open country that inspired Watership Down, perhaps that should be retitled "Waterered Down".

by moneymanager

13:14 PM, 10th May 2022, About A week ago

"The Levelling up and regeneration bill will include plans to stop high streets from being blighted by empty shops and give councils in England the power to force landlords to rent out commercial properties and new powers to take control of empty buildings through compulsory purchase orders."

I remember raising the issue of the German state requisitionning of empty commercial buildings as "migrant accomodation" which is really no more than human warehousing, I' sure that in one city the city aouthorities had power to take empty residential accomodation, I also recall the opprobrium for suggesting that such edicts might migrate here.

Can there really be commercial landlords who want to leave a building empty and, presumably, untenanted or is this a situation that has been deliberately engineered, incidentally, if requisitionning is too strong how about sequestration, the voluntary surrender of an asset to discharge a debt. "You wil own nothing and you will be happy!".

by LaLo

14:03 PM, 10th May 2022, About A week ago

Well, the last time I looked at Labours manifesto - 3 year minimum rental contracts and £100,000 fines if you don’t behave! Re’ Queens Speech - forcing commercial landlords to rent out their shops is counterproductive - where are the homeless expected to sleep!??

by NewYorkie

14:13 PM, 10th May 2022, About A week ago

Reply to the comment left by Monty Bodkin at 10/05/2022 - 13:03
Yes, I had the ASB problem, but 'fortunately' I also had 15 months arrears! Lucky, eh?

by Happy Landlord

14:59 PM, 10th May 2022, About A week ago

If this had been put forward by a Labour government 50 years ago it would have been considered extreme - so much for a Tory government, the sooner a proper Tory government is installed the better rather than trying to get votes from people who would never vote conservative whatever size carrot was dangled.

by NewYorkie

15:35 PM, 10th May 2022, About A week ago

Reply to the comment left by Happy Landlord at 10/05/2022 - 14:59
Yes, they have an 80 seat majority, which should gurantee them government for the next decade. But... only if they deliver what they promised. Brexit, N.Ireland, Migrants, cost of living e.g. Remove VAT and green levy from energy bills, windfall tax, move Net Zero out beyond 2050, etc... All doable if they want to be re-elected.

by Seething Landlord

16:34 PM, 10th May 2022, About A week ago

More detail now available at page 67- 68 of https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1074113/Lobby_Pack_10_May_2022.pdf

Reference to strengthened grounds for repeated rent arrears and shorter notice periods for ASB but nothing about repossession if the landlord wants to sell or the standard of proof for ASB. In short, no indication that they have paid any attention to landlords' main concerns.

A White Paper setting out their proposals for landmark reform of the PRS in more detail will be published "shortly".

by Luke P

20:58 PM, 10th May 2022, About A week ago

Reply to the comment left by Monty Bodkin at 10/05/2022 - 13:03
There’s also no mechanism to compel the other agencies (e.g. police or local council) to turn up to Court and/or cooperate with what is essentially the LLs private dealings when evicting under S.8, yet without this assistance, evidencing ASB to a level that results in a Possession a order is virtually impossible.

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