Latest News

UK agents come together to set direction of travel for Propertymark

14 June 2019

The Propertymark Annual General Meeting (AGM) took place on 14 June at the St Martins Lane Hotel, London, attended by a small group of members, some of whom had travelled from across the country. The Annual Report and Accounts had been shared with members earlier in the month and voting for board and presidential roles had been going on for several weeks. Read More...

The summer of change for letting and estate agents

14 June 2019

Lloyd Clarke, Partner at Attwells Solicitors writes for Propertymark and discusses the expansion of National Trading Standards and how this impacts the estate and letting agency sector. Read More...

 

Labour calls for indefinite tenancies

Tuesday 12 March 2019

Labour’s Shadow Housing Secretary John Healey MP has pledged that the next Labour Government will protect private renters in England from eviction, by introducing new ‘indefinite’ tenancies.

This latest proposal marks a change from Labour's pledge at the 2017 general election, where it committed to making private tenancies three years by default.

The Party claims the change would revolutionise the private rental market, hailing it as the answer to fixing what Healey described as a “broken housing market”, by offering renters greater security and acting as a brake on rent increases.

Labour has likened the recommendation to the German model of renting, where tenancies are effectively open-ended with a tenant only able to be evicted on tightly defined grounds, for example if they don’t pay the rent or commit criminal behaviour in the property. However, Labour's approach is not too dissimilar to the Scottish private residential tenancy (PRT), which is also indefinite unless one of the 18 grounds for eviction is met.

John Healey MP said: “People shouldn’t be living in fear of losing their homes. The insecurity of renting is a power imbalance at the heart of our broken housing market, where tenants are afraid to report problems in case they are evicted, and families with children are forced to move at short notice.

“Many landlords provide decent homes that tenants are happy with, but the Government is allowing rogue landlords to take advantage of good tenants. Renters deserve better.”

Last summer, ARLA Propertymark responded to the Governments consultation on 'Overcoming the Barriers to Longer Tenancies in the Private Rented Sector', where we set out our objections to long term tenancies, citing minimal demand from renters and a lack of flexibility. And whilst tenants want to stay in property long term, our June 2018 Private Rented Sector Report found they do not want to sign long tenancy agreements.

The Labour Party has announced it will consult with landlord and tenant groups on the "proper grounds for termination of a tenancy" ahead of the next General Election. The Party has previously set out additional measures for controls on rents and tougher standards which it says will sit alongside this new proposal.