The end of 2017 saw an expected announcement from Jeremy Corby of Labours intention to do away with what has now become known as “No Fault Eviction” (Landlords will know this as a Section 21 Notice) should they come to power. In 2017, the Scottish Parliament outlawed the Section 21 process of possession and it is yet to be seen what impact this and other recently introduced regulations have had on the Private Residential Sector (PRS). We are now seeing a concerted effort to publicise the “unfairness” of what is now becoming known as a “No Fault Eviction”
Section 21 was fundamental to the birth of the modern PRS in the UK and it’s introduction released previously constrained mortgage lenders to enter the market in a way they had been unable to in the past. Funding accelerated and Buy To Let was born. Growth in what was until then a sluggish sector moved rapidly and mass housing rental became available to a new and flexible society, the rest as they say is history, only time will tell whether the removal of previous regulations was a good thing or a bad thing, but it’s hard to understand how the housing demands of an increased population would have been met without it.
Everyone associated with the PRS, Landlords and Tenants alike will have their own views on this proposed measure; tenant groups will will welcome it and maybe some Landlords will welcome it too, they will have their reasons. Those Landlords who have experienced bad tenants and bad tenancy situations will probably not welcome it! OneLandlord looks at this from the perspective of the Landlord and our view is that it will be bad for the PRS, resulting in Landlords exiting the market with the knock on effect of reduced investment in the PRS which will concentrate the sector even more into the hands of the corporates.
We do not dispute that there are unscrupulous Landlords operating out there, but for some reason, Tenant Groups seem to dispute that there are unscrupulous tenants and that it’s simply all the fault of the Landlord. We speak to hundreds of Landlords every week over Tenant situations and in our experience, Landlords do not serve Section 21 Notices without a very strong reason. Landlords are having to rely on Section 21 because they mistrust the courts and the Section 8 route, they mistrust the system, they mistrust the Local Authority, who nearly always take to support the tenant, even when the tenant has breached their tenancy, basically, Landlords use Section 21 because they have been left with little or no other option.
There is definitely a “momentum” building for the abolition of the Section 21 Notice and a recent article in The Guardian highlights what some see as increasing the problem of homelessness of Landlords using Section 21 to gain possession of their properties, whilst others may see it differently.
Do you have a situation with a tenant that requires expert legal help, OneLandord.com has a team of highly experienced and dedicated legal experts who are here to help and to guide you through the eviction process. Don’t let any situation get worse than it already is, put your own mind at rest by giving us a call today.