UK Property Talk 14 May 2022

London Mayor Calls For 2 Year ‘Rent Freeze’ In London and end to Section 21 ‘no fault evictions’

In an open letter, the London Mayor Sadiq Khan has called on the government to freeze rents in London ahead of the Queens Speech which could see introduction of legislation to end to Section 21 ‘no fault evictions’.

The 2019 Conservative Party manifesto committed to a “renters’ reform bill” that would abolish section 21 orders, which enable landlords evict their tenants with eight-weeks’ notice without explaining why.

According to the FT, the measures are expected to be included in the Queen’s Speech that sets out the government’s policy and legislative agenda for the next parliamentary session.

Campaigners and opposition parties want ‘open ended’ tenancies and an end to what is commonly known as no fault evictions. Currently, landlords who want to take back possession of their property, for instance when a tenancy has come to an end, merely have to serve a Section 21 notice to the tenant.

If Section 21 is abolished, it will be far more difficult for landlords to get their properties back and the onus will be on them to show grounds.

Mayor Khan, a former Labour MP and Human Rights lawyer, wrote:

I am writing ahead of the Queen’s speech to urge you to take immediate action to ease the cost of living crisis for 2.4 million Londoners by devolving the powers to me to introduce rent control in London.

If we do not act urgently to protect renters, spiralling rents could soon translate into a devastating homelessness crisis.

I also welcome the government’s commitment to ending section 21, introducing open-ended tenancies and creating a public national landlord register.

Sadiq Khan

Mayor of London

Electoral pacts

Source: The Independent

Although the London Mayor has no power to introduce rent controls, there are growing calls on the government to abolish ‘no fault evictions’ in the current parliament, which will be disastrous for the private rental market.

The vast majority of 'buy-to-let' landlords are small investors with one or two properties, and many are accidental landlords. Landlords I have spoken to said they would pull out of the market if 'open tenancies' were forced upon them and would be too nervous to rent out a property to a tenant were they would not be sure about getting back possession at the end of the tenancy.

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