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Presentation - Johnsons Sept2025

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A Housing Crisis?

• 1.33m on councils’ housing waiting lists

• 4.3m “missing” homes

• 1m unbuilt homes over 10 years

• Rising rents

• Supply and demand

How Did We Get There?

• 400k+ in the 1960’s

• What did we build in 2020 / 2021?

• What do we need?

What are we going to build in future?

1.5 million!

The Struggles of The PRS

• Since 1990

Ø tax breaks reduced by Section 24

Ø more help Health & Safety regulations

Ø deposit limit and registration

Ø registration of rental properties

Ø stamp duty increases – 5% + surcharge

Ø accelerated CGT payments on sale and higher rates

Ø digital tax

The Struggles of The PRS ….(continued)

• Since 1990 ….(continued)

Ø budget cuts for the Court Service

Ø civil penalty notices

Ø Rent Repayment Orders

• 17 Housing Ministers since 2010

Renters Rights Bill 2024

Section 21 notices to go

Ø an end to no fault evictions

Ø use by a family member or selling (ground 6) – carer?

Ø serious default

Ø 12-month protection for tenant

Ø redevelopment or extensive refurbishment

Ø four months notice

Ø penalties for misuse

Renters Rights Bill 2024

• No fixed term agreement

Ø periodic tenancies only

Ø tenant can give 2 months’ notice at any time

Ø cannot specify how or when tenants notice is given

Ø monthly rent (or less)

Ø assured tenancy in writing – prescribed clauses

Renters Rights Bill 2024

• Section 8 notices

Ø 30+ changes in all

Ø easier to evict for anti-social behaviour

Ø death of tenant

Ø arrears 2-week notice extended to 4-week notice

Ø deposit registration (30-day rule to be varied)

Ø mandatory Ground 8 increases to 3 months arrears

Renters Rights Bill 2024

• Landlord Ombudsmans Scheme – cost?

• Landlord Database – cost?

Ø register of landlords

Ø no marketing unless registered

Ø no possession order unless registered

Ø £7k or £40 civil penalty notice

Renters Rights Bill 2024

• Rent Increases

Ø built-in clauses ineffective

Ø section 13 notices

Ø 1-month notices becomes 2-month notice

Ø new rent from date of decision – maybe !

Ø can never exceed sum claimed on notice

Ø delayed implementation possible

Renters Rights Bill 2024

• Pets

Ø cannot reasonably refuse a request

Ø 28-day response time but extendable

Ø can refuse if breach of superior lease

Ø reasonable cost of insurance – increased deposit?

Renters Rights Bill 2024

• Discrimination

Ø Children

- provision of property information - viewing - renting

Renters Rights Bill 2024

• Discrimination ….(continued)

Ø Benefit claimants - the ‘York’ case - provision of information - viewing - renting

Renters Rights Bill 2024

….(continued)

• Discrimination ….(continued)

Ø Benefit claimants ….(continued)

… doing something that would make a benefit claimant less likely to take the tenancy

…..unless a pre-existing insurance contract precludes tenants on benefits

Renters Rights Bill 2024

Discrimination ….(continued)

Fines

Ø Wales & Scotland

Renters Rights Bill 2024

• Decent Homes Standard (DHS) and Awaabs Law

DHS Currently applies to social sector

Ø minimum standards will be set by Government

Ø reasonable state of repair

Ø reasonable services and facilities

Ø reasonable degree of thermal comfort

Renters Rights Bill 2024

• Decent Homes Standard (DHS) and Awaabs Law

• Awaabs Law will apply to social sector

Ø timetable to deal with disrepair

Ø 10 day inspection

Ø 3 days to report

Ø 5 days to fix

Renters Rights Bill 2024 ….(continued)

• Rent Repayment Orders

Ø misusing a possession ground

Ø breach of the Landlords Ombudsman Scheme incl. misleading or false information on the landlord database

Ø advertising to relet within restriction period (ground 6)

Ø two year to apply

Ø maximum two years rent

Renters Rights Bill 2024

• Bidding Wars

Ø adverts must include a rental figure

Ø advertised price cannot be exceeded

Ø £7,000 penalty

Ø when can I re-advertise?

Renters

Rights Bill 2024

• Implementation Timetable

Ø January 2025 completed House of Commons

Ø House of Lords 142 changes

Ø Committee stage 22 April 2025

Ø Commons debate 9th September 2025

Ø Return to House of Lords October 2025

Ø Royal Assent this year

What Else?

EPC’s Consultation

Ø New tenancies by 2028

Ø Existing tenancies by 2030

Ø New calculation method

Ø Average spend of £6500 per property – grants?

Ø New cap of £10k or £15k over ten years

Ø Will tenants save on fuel bills?

The Market in 10 Years Time

• Should I sell up now?

• Supply –v– Demand

Bournemouth 01202 315005

Chandler’s Ford 02380 221344

London 02030 360921

Poole 01202 466669

Winchester 01962 844333

Woking 01483 755609

Liverpool 01515 590133

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