July 4, 2024 12:11 pm

Insert Lead Generation
Nikka Sulton

The National Residential Landlords Association (NRLA) is urging the newly elected government to swiftly bring back the Renters Reform Bill. The association emphasises that reintroducing the bill should be an immediate priority to address pressing issues in the rental market. The NRLA believes that the reform will be pivotal in enhancing the rental sector’s regulatory framework, aiming to improve conditions for both landlords and tenants. They argue that the new government must act quickly to ensure stability and fairness in the housing market.

This call to action is supported by the Leaders Romans Group, a major lettings agency chain, and Build To Rent giant Grainger. Additionally, the British Property Federation backs this initiative, highlighting its broad support within the property sector. These organisations underline the necessity for the newly elected administration to focus on rental market reforms promptly after taking office. They stress that effective reform will be critical for advancing the interests of all stakeholders involved in the rental market.

The NRLA has issued a statement calling for the swift reintroduction of the Renters Reform Bill following extensive campaigning ahead of the General Election. According to the NRLA, they have been actively pushing for major political parties to address pressing issues in the rental sector, highlighting the ongoing challenges that both landlords and tenants face. Their campaign has aimed to ensure that the voices of those involved in the rental market are considered in policy-making, particularly regarding reforms that could affect their livelihoods and living conditions.

The statement continues by emphasising that for the past five years, renters, landlords, and letting agents have been dealing with uncertainty about the possible abolition of Section 21 ‘no fault’ evictions. With all major political parties now committed to rental reform, the NRLA argues that it is crucial to resolve this issue promptly. Bringing clarity to this matter will not only help stabilise the rental market but also pave the way for much-needed investment in new housing. This, the NRLA asserts, will benefit renters by providing more secure and available accommodation options, addressing the growing demand for housing across the UK.

The Renters Reform Bill, aimed at ending Section 21 ‘no-fault’ evictions, was well on its way through Parliament before the recent election. It had received broad support across the political spectrum, with Labour expressing willingness to finalise it during the ‘wash-up’ period. The urgency for such a reform is clear, given the ongoing challenges faced by renters in securing stable housing and the need for consistent legislative measures.

According to Labour representatives, the Bill could have been enacted swiftly had there been consensus in the final parliamentary stages. Shadow Housing Minister Matthew Pennycook highlighted Labour’s readiness to pass the legislation, stating: “We had taken the Bill almost to completion. We were prepared to pass it during the final stage because renters urgently need more rights and protections.” This underscores the pressing need for the incoming government to make the Renters Reform Bill a priority.

Matthew Pennycook, expected to continue his role if Labour forms the government, stressed the importance of the Bill for renters who have been grappling with insecurity and instability due to the current housing laws. He told Sky News: “Although the Bill is not perfect, and we sought further improvements, we recognised the critical necessity for immediate action to provide renters with greater rights. Therefore, we were committed to seeing it through despite its imperfections.”

The Labour party has consistently argued that reviving the Renters Reform Bill would be the most effective way for the new government to achieve its housing objectives. This Bill is seen as a crucial step toward delivering long-term stability in the rental market and ensuring that renters have the legal protections they need against arbitrary evictions. The potential benefits of the Bill include enhanced tenant security and the encouragement of more responsible landlord practices.

For the next government, prioritising this Bill could signal a strong commitment to addressing the issues within the rental sector. By pushing for its reintroduction and passage, the government can not only fulfil a key electoral promise but also help unlock investment in new housing. This is essential for meeting the growing demand for rental properties and addressing the current shortfall in available housing, which has left many renters in precarious situations.


{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}