Timothy Douglas, Head of Policy and Campaigns at Propertymark, comments on the latest update that the Renters (Reform) Bill will run out of time to pass into legislation before parliament is dissolved today:
He said: “The legislation was introduced very late on and whilst attempting to please everyone, it failed to please anyone.
“Many agents will be relieved that the current government’s plans to meddle with fixed term tenancies and reforming eviction grounds with little realisation of the unintended consequences will no longer pass, but this is soon outweighed by a sense of uncertainty and apprehension as to what the next government will do.
“Propertymark remain committed to engaging with politicians from all sides and will continue to call for agent regulation, tax reform, more resources for the courts and enforcement authorities, as well as ensuring renting property retains flexible tenancy options that have made the private rented sector the success it is today.”
