Is the student lets end date really in the Renters Reform Bill?

Is the student lets end date really in the Renters Reform Bill?

9:28 AM, 20th March 2024, About 9 months ago 7

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Hi everybody, regarding the Renters Reform Bill, I know Michael Gove said that he would allow student lets to have an end date which would be a positive step for student landlords.

However, my wife tells me she can find no mention of this in the draft text of the Renters Reform Bill. Is Michael Gove trying to slide it through without it actually happening?

I wonder if anybody else is either worried about this or knows any information?

Thanks.


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Si BB

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10:02 AM, 20th March 2024, About 9 months ago

The changes for this was agreed at the Committee stage -> https://bills.parliament.uk/bills/3462/stages/17981/amendments?searchTerm=student&Decision=Agreed

See here for the search.

Si BB

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10:07 AM, 20th March 2024, About 9 months ago

Just to be clear - Agreed = majority voted on at committee and therefore added to the bill. (Notably all Labour/SNP changes were rejected by vote at committee).
There were a LOT of adjustments made at the committee stage - and there are some interesting bits added such as the ability for a council to not require a warrant to search a lettings agent in some circumstances!
- Noting that the council can also charge the agent to access any documents the council has taken away (i.e. for their business)!

Judith Wordsworth

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11:06 AM, 20th March 2024, About 9 months ago

There are 5 readings in each House before final reading. The two Houses may exchange the bill multiple times, suggesting amendments and negotiating until they agree on the final version.

We are nowhere near the final agreed Bill and hopefully will be timed out before can reach Royal Assent.

Still think every landlord should issue a s21 with a 3 month expiry date on the same day. +4.7 million would theoretically need rehousing so Government would have to start listening and talking to landlords about the so called renting crisis or we will have tent cities springing up all over the UK.

Interesting one of my local Councillors have said that the Local Authority has already placed large orders for tents!

Barbaracus

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12:35 PM, 20th March 2024, About 9 months ago

Reply to the comment left by Judith Wordsworth at 20/03/2024 - 11:06
Be careful what you wish for.

If this bill doesn't get passed before General Election.

New bill under Labour could be far worse.

SteveFowkes

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16:52 PM, 20th March 2024, About 9 months ago

I never worry about something that hasn't happened yet

Chill out

Reluctant Landlord

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18:54 PM, 20th March 2024, About 9 months ago

Reply to the comment left by Barbaracus at 20/03/2024 - 12:35and if that is what all LL's anticipate then S21's will be dished out like confetti and purchases of existing properties for BTL's will flatline. No landlords are going to want to buy other LL's properties either with tenants in situ.
Landlords will start to panic, tenants will start to panic. The market will be ruffled. I for one will be making sure my tenants are fully aware of the (supposidly) 'unintended' consequences that this will bring and suggest they contact their (inevitably) Labour MP to tell them all about it and explain how this is going to impact them personally.
Look at where we are now - just on uncertainty look where the PRS is. Toxic.
Many have sold up/evicted/given notice to tenants already and this is only on the current uncertainty as it is NOW (probably helped by interest rates/cost of living etc/mortgage renewals). Rents are increasing, referencing stricter - less than perfect tenants are being rejected - who wants to be stuck with them??
Think what might happen if/when Labour get in (chaos) and THEN when they even mention revisiting the RRB...
Anyone seen Apocalypse Now? 😉

Yellard

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0:21 AM, 21st March 2024, About 9 months ago

Reply to the comment left by Barbaracus at 20/03/2024 - 12:35
A Labour bill/Act will probably be worse.. But that doesn't mean we landlords should just "roll over"... So far we have been pathetic.. For a start we need to challenge the narrative on abolishing "no fault evictions".. Everytime abolishing "no fault evictions" is mentioned, we should state the speaker means abolishment of fixed term tenancies. Most often, the many people who don't understand that fixed term tenancies are to be abolished, change their attitude when "ending no fault" is explained to them. We need to point out that even "socialist" France has fixed term tenancies albeit of a minimum of three years.. We need to point out how abolishing fixed term will reduce supply. Remaining landlords will demand impeccable references and wealthy guarantors. Abolishing fixed term will make it virtually impossible for the likes of internees, people on shorterm training courses, people on secondments or newly arrived immigrants/ returning expats to rent (Unless they are very wealthy or have wealthy guarantors). I don't have the computer skills to organise "crowd funding" but will contribute to a fund to finance newspaper /social media adverts putting the landlords side on rental reform .. The NRLA are a waste of space..

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