Rental prices could increase by almost 20% over the next 12 months, putting the country in a cost of renting crisis, warns one lettings boss.
A leading letting agency in London has claimed that the Government’s Renters (Reform) Bill going through parliament, along with promises by Labour to go even further than the Tories if they gain power, are eroding landlord confidence in the private rented sector.
Conservative MP Anthony Mangnall warned the government that removing fixed term tenancies could have dire consequences for housing supply, with many rental properties taken off the market.
Conservative MP Natalie Elphicke failed to convince the government to include relocation payments for tenants and to restrict tenancy grounds in its Renters (Reform) Bill.
The Renters (Reform) Bill has been voted through its final stage in the Commons and, much to some MP's annoyance, containing several new concessions to landlords.
A leading build-to-rent firm boss has urged the government to approve an amendment in the Renters Reform Bill preventing tenants from ending contracts in the first six months – or face disrupting the market.
Tell the politicians whether you agree with their plans to give tenants more rights to have a pet in a rented property.
While most tenant campaigning groups have criticised the Renters (Reform) Bill for being too ‘watered down’, the National Residential Landlords Association (NRLA) has said it represents in its current form a fair deal for tenants and landlords.
