In recent news, the UK’s leading letting agents have called for a meeting with Michael Gove, the Secretary of State for Environment, Food and Rural Affairs, to discuss the Renters Reform Bill. This proposed bill seeks to make renting more secure and affordable for tenants in England and Wales.
The National Residential Landlords Association (NRLA) and the Association of Residential Letting Agents (ARLA) have both expressed their support for the bill, which is set to be debated in Parliament later this year. The NRLA and ARLA are hoping to use the meeting with Gove to discuss the bill in more detail and to ensure that it is implemented in a way that benefits both landlords and tenants.
The bill seeks to introduce a number of measures to make renting more secure for tenants. These include capping rent increases, introducing longer tenancies, and giving tenants more rights when it comes to repairs and maintenance. It also seeks to give local authorities more powers to enforce standards in the private rented sector.
The NRLA and ARLA have both welcomed the bill, but have raised concerns about how it will be implemented. They are particularly worried about how the rent cap will be enforced, and whether it will lead to landlords being unable to cover their costs. They are also concerned about how the new tenancy agreements will be enforced, and whether they will be sufficient to protect tenants from eviction.
The meeting between Gove and the NRLA and ARLA is an important step towards ensuring that the Renters Reform Bill is implemented in a way that benefits both landlords and tenants. It is hoped that this meeting will provide an opportunity for both sides to discuss their concerns and ensure that the bill is implemented in a way that is fair to all parties involved.