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The Leader of the House of Commons has confirmed the remaining stages of the Renters (Reform) Bill will take place on Wednesday 24 April 2024 with some key changes to the Bill brought forward. Whilst the UK Government has listened and reacted to some industry concerns, another chance has been wasted to effectively regulate property agents.
We have had direct correspondence from senior officials at the Department of Levelling Up, Housing & Communities (DLUHC) regarding amends to be tabled on the Renters (Reform) Bill, including communication between Housing Minister Jacob Young, MP, and Conservative MPs outlining further improvements that address some of the key concerns of letting agents and strike a fairer balance of security for both landlords and tenants.
During a meeting with Housing Minister, Jacob Young MP, who has responsibility for the Renters (Reform) Bill, our CEO and Head of Policy and Campaigns outlined why the retaining of fixed-term tenancies will provide security for tenants and increase flexibility in the private rented sector.
A series of draft amendments from Conservative backbench MPs reflect fears that the Bill will cause landlords to sell up, reducing the number of rental properties available. The proposals include making it a legal requirement that an impact assessment on the courts must be published by the Justice Secretary before a ban on no-fault evictions could be implemented.