It’s not come as a great surprise that the Renters’ Reform Bill is being delayed, according to Michael Cook, group managing director of Leaders Romans Group.
The bill has hit the headlines amongst landlord groups mainly for the proposed abolition of Section 21 evictions.
There’s also talk of a tenant-landlord ombudsman to resolve disputes.
It now seems to be in the balance whether the bill will receive Royal Assent in this parliament.
Michael Cook, group managing director of Leaders Romans Group, said: “Despite some big announcements recently from Government, its unsurprising that the second reading of the Renters Reform Bill is delayed until at least the Autumn.
“As an industry we are concerned that a number of the elements of the Bill are unclear and need amending to make it workable. Giving MPs and the Select Committee a bit more time to liaise and engage with all parts of the sector is probably not a bad thing.
“Specifically, and from both the landlords’ and tenants’ point of view, we are concerned about the impact of removing fixed terms. We also question how effective the new housing courts will be, given that we have heard of no clear plan.
“We suspect many MPs will share these concerns. This has possibly been sensed by Government and hence the brakes applied to allow for some of these issues to be addressed.”
Via @PropertyWire