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Labour said it will ‘overhaul’ regulation of the private rented sector if it is successful at the polls on 4 July, during its manifesto launch today.
Section 21 repossessions will be abolished ‘immediately’ by a Labour Government, according to the document, which also announces the party’s intention ‘to prevent private renters being exploited and discriminated against, empower them to challenge unreasonable rent increases, and take steps to decisively raise standards, including extending ‘Awaab’s Law’ to the private sector.’
NRLA Chief Executive Ben Beadle said it is vital the sector has a reasonable time-frame in which to adapt to any changes.
He said: “All of the main parties are committed to ending section 21. What matters is ensuring the replacement system works, and is fair, to both renters and responsible landlords.
“Given this, we agree with the Shadow Housing Minister who has argued that ‘landlords need robust grounds for possessions in legitimate circumstances, and they need the system to operate quickly when they do.’
“We stand ready to work constructively with a potential Labour Government to achieve this and ensure a smooth transition to the new system. This needs to include giving the sector time to properly prepare for it.”
In addition to rental reform, Labour has pledged to:
It has also promised to deliver “the biggest increase in social and affordable housebuilding in a generation” by:
When it comes to energy efficiency, the document said private rented sector homes will need to meet minimum energy efficiency standards by 2030 – although it did not elaborate on what these standards might be.
It also announced a ‘Warm Homes Plan', offering grants and low interest loans to improve energy efficiency and cut bills, although it is not clear if these would be available to PRS landlords.
In terms of welfare, a ‘review’ of Universal Credit ‘so that it makes work pay and tackles poverty’ was proposed, although, again, no detail was given as to what such a review might look like.