Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 3 weeks ago 48
Maybe I haven’t read previous articles thoroughly, but I’ve just learned that this Government does not intend for new Tenancy Reforms to apply retrospectively. See reply below from Mark Lambert.
His answer was a blanket answer & did not address my specific concern, but I was at the very least pleased to learn they do not intend for the abolition of Section 21 to affect existing tenancies (see last paragraph)
From: Tenancy Reform
Sent: 19 September 2019 09:53
Thank you for your email to the Tenancy Reform inbox. Your views will be considered as a response to our consultation.
I would also like to reassure you that the Government does recognise that landlords need to have confidence that they will be able to gain possession of their property when their circumstances change or when tenants breach the terms of their tenancy, such as non-payment of rent or damage to the property. Therefore, we are proposing, through the consultation, to introduce new grounds for eviction under Section 8 of the Housing Act 1988. This will strengthen the rights of landlords to recover their properties, including when they want to sell or move into the property themselves.
We are also exploring how the existing grounds for possession under Section 8 can be used effectively, or reformed in the future, once Section 21 is no longer available; and, how the courts could consider applications for possession orders more efficiently. We are committed to simplifying, and thereby speeding up, the court processes for landlords to take possession of their property when necessary.
I should also stress that the Government is clear that it does not intend for these reforms to apply retrospectively, and they will therefore not affect existing tenancies. We are seeking views on what would be an appropriate transition period for implementing the reforms, following legislation being enacted.
Higher Executive Officer
Private Rented Sector | Homelessness, Leasehold and Private Renting
3rd Floor | Fry Building | 2 Marsham Street | London | SW1P 4DF
E: Mark.Lambert@communities.gov.uk | T: 0303 44 46772 |
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