Renters Reform Bill “still misses the mark” says Propertymark

Renters Reform Bill “still misses the mark” says Propertymark


Todays other news
The decision was made by the Monetary Policy Committee....
The list contains deliberate tax defaulters...
Reapit is the latest PropTech supplier to create an an...
He's the former chief operating officer of a property investment...


Propertymark says the controversial Renters Reform Bill still misses the mark, despite a string of amendments made to it as it left the House of Commons on its passage through Parliament. 

Timothy Douglas, Head of Policy and Campaigns at Propertymark, says: “The Bill has been strengthened since it was first introduced but still misses the mark in providing the right level of fairness and flexibility for landlords and tenants and improved competency standards for letting agents. 

“It is disappointing that the UK Government continue to not recognise the benefit of allowing tenants and landlords to enter a fixed term tenancy where it is mutually beneficial to both parties. This will impact large parts of the market including students who rent. 

“The legislation as a whole must help to increase the supply of homes to rent and not reduce the number, so Propertymark will continue to push for measures as the Bill goes to the House of Lords. It is important that it maintains the flexibility and choice that the private rented sector has provided over recent decades. The consequences of not doing so would be detrimental to landlords, tenants and agents alike.”

Having gone through the Commons it now moves to the House of Lords. It will follow a process similar to that which took place in the Commons, namely:

– First reading: The bill arrives in the Lords. This stage is a formality where the bill name is read in the chamber;

– Second reading: The main debate on the purpose and key areas of the bill. At this stage members discuss any concerns or specific areas where they think changes may be needed. There are usually no votes (divisions) at this stage;

– Committee stage: Detailed line-by-line scrutiny of the text with amendments (suggested changes). Members start at the front of the bill and work through to the end. Votes may take place to decide whether to make the changes. Any member may take part and there is no time limit;

– Report stage: A further opportunity to examine the bill and make changes. More amendments are debated and further votes take place to decide whether to make the changes;

– Third reading: A ‘tidying up’ stage, aiming to close any loopholes. A final chance for amendments and votes;

– Consideration of amendments: If the Lords has made changes to the draft law, it is sent to the Commons to agree. The Commons may accept the Lords change, make its own change in its place, or reject it. Any Commons changes are sent back to the Lords. There may be several rounds of this process, known as ‘ping pong’;

– Royal Assent: When both Houses have agreed the text, the bill is approved by the monarch and becomes a law or ‘Act of Parliament’

No date has yet been set for these stages.

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
The highest rate of LBTT is currently 12%, starting at...
The Bill looks likely to become law by the summer...
The UK economy shrank by 0.3% in April...
Rightmove, Zoopla, Goodlord and others have expressed broad support...
It now progresses to the so-called Report Stage....
The House of Lords committee stage now continues until May...
Richard Donnell is a leading lettings market analyst...
Recommended for you
Latest Features
The decision was made by the Monetary Policy Committee....
The list contains deliberate tax defaulters...
Reapit is the latest PropTech supplier to create an an...
Sponsored Content
With less than a month to go until the UK...
The UK government has implemented 16 financial sanctions rule changes...
The owners of the Rentman software application (for property Lettings...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here