As many readers will be aware, the government announced, on the 11th of May, its long awaited legislative proposals with the aim of ‘transforming renting for good’ by driving up standards in both the private and social rented sectors. The Renters Reform Bill aims to bring in legislation after a process of dialogue with a variety of organisations, in particular those who represent the interests of landlords, tenants and property agents.
The ‘fine print’ details were then published in a White Paper on the 16th of June alongside the Levelling Up and Regeneration Bill, which aims to ‘spread opportunity and prosperity to towns and communities across the United Kingdom.’
Much has subsequently been spoken and written since the 16th of June, about the government proposals for rental reform and in particular there has been a fair bit of headline grabbing scaremongering in some sections of the media.
With the aim of getting some more balanced opinions on the content of the White Paper, I spoke with two industry experts in Ben Beadle, chief executive at the NRLA, and with Maxine Fothergill, who has just stepped down as the president of ARLA Property Mark.
Given the extensive nature of the proposals set out in the White Paper, we will be covering specific aspects of the Bill as it progresses its way through the legislative process in the upcoming months.
The first very important point to note is that contrary to some who do not understand the legislative process, these are still just proposals, and are not yet set in stone, as both Ben and Maxine were quick to point out in their respective discussions with me, and which have been recorded as audio files and are now available via the newly launched PINCAST. Link to listen is at the end of the article.