8:50 AM, 29th October 2021, About 2 years ago 8
The Government’s planned release of the White Paper for the Renter’s Reform Bill which includes proposals to ban section 21 evictions and introduce lifetime deposits has now been delayed until next year. The extra time is apparently needed to give an opportunity to produce a ‘balanced package of reforms’.
The Department for Levelling Up, Housing & Communities wants to benefit from continued work with the sector and consider the findings of the National Audit Office’s review of the regulation of the sector due to report in the coming months.
Sean Hooker, Head of Redress at the Property Redress Scheme, said: “I appreciate the property industry is on tenterhooks waiting to see what the proposals will be, and uncertainty is not good for any industry. The fact the Government is continuing to consult with the sector and gather evidence on the impact and unforeseen consequences of the changes, is a prudent thing to do. For the sake of a few months more, let’s get this right, not rush it through half-baked.”
Isobel Thomson, safeagent Chief Executive, said: “Safeagent welcomes the clarity on when the White Paper on reforms to the Private Rented Sector will be published.
“It makes sense to wait for the findings of the National Audit Office’s review of existing regulation and exploration of key sector organisations’ aspirations for PRS reform for the benefit of tenants and landlords. safeagent took part in the NAO’s review and looks forward to the report being published.”
Previous ArticleCGT reporting extended to 60 days