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  • Buy-to-Let

    Silver lining to Section 21 abolishment ...



    A letting agent has said there may be a silver lining to the abolishment of Section 21:

    “Many in the industry are horrified by the prospect of the abolition of the Section 21 notice, but we feel there is a more balanced view on the matter” claims Paul Sloan, operations director for Haart.

    “Any proposal which increases security for a tenant will spell some good news for the rental industry, as tenants can feel truly at home in their rented property and establish roots in their community” he says.

    “It is of course in a landlord’s best interests to have long-term, good quality tenants, so the value of this cannot be underestimated.

    Full/source article 

    Can you see any other benefits for the removal of Section 21 or do you think it is entirely negative for the PRS?

    SEE ALSO  -         Abolishment of Section 21 - effect on tenants

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    Which is all a bit of a nonsense, as good long term tenants are already eagerly sought by landlords and well looked after once in a property.
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    Agreed!  It kind of misses the point that landlords never evict good tenants, unless they are selling the property or need it back for some reason.

    Ironically, S21 actually benefits tenants in rent arrears or other delinquent activity as it does not go to court and they do not get a CCJ, which might stop them accessing private rented housing in the future!

    So on that basis, going the Section 8 route might be good for flagging up delinquent tenants to future landlords!  There !  One good thing about S21 abolishment!

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    I’ve written to my MP on this aspect of the removal of sec21, he accepted that it could be an inevitable consequence of the reform but rather cryptically suggested that this could be dealt with with reform of the court system and that i should get back to him once the changes have been formulated and published.

    Wether this means it’ll be hard to get someone evicted or that in the event they are there is little in the way of a judgement against the tenant remains to be seen.
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