Landlords have congratulated Labour on its landslide victory but warned that too much new red tape will make the housing shortage within the private rented sector even worse.
Labour is likely to reintroduce the Renters (Reform) Bill in a similar form if it wins the election and has already confirmed its view that the court process needs speeding up.
As Peers prepare to debate the Government’s Renters (Reform) Bill today, the NRLA has warned that landlords exiting the sector are the ‘biggest threat’ to renters as supply narrows and rents continue to rise rapidly.
The NRLA has made two top-level appointments to bolster its service at the start of a crucial year.
The NRLA has reached out to leading members of the Renters Reform Coalition to find common ground on key issues.
The Government is looking at how to give landlords more tax breaks in order to reassure those who are looking nervously at the looming radical renting reforms for the sector, changes which are due to sweep in next year.
Michael Gove has confirmed that the Renters (Reform) Bill is to get its second reading within the next three months, scotching hopes among some landlords that the legislation might have been kicked into the long grass.
