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The NRLA has won the support of an influential Welsh Parliament committee in its attempts to secure changes to the Renting Homes (Amendment) Bill.
The Equality, Local Government, and Communities Committee today released its scrutiny report on the Bill. Among the recommendations are NRLA calls asking the Welsh Government to:
The NRLA is also pleased the report highlights points of view that support monitoring the effects of legislation on the size of the private rented sector (PRS):
“For example, UK Finance said the impact evaluation project should “consider the impact on Buy-to-Let lending in the Welsh market”. Tai Pawb also supported calls to monitor the impact on lender behaviour calling it “absolutely crucial” as well as the impact on the size of the PRS in areas where it is “desperately needed” due to a lack of other housing tenures being available.”
NRLA has mooted other changes to the legislation - which it will continue to lobby for. These include:
NRLA Wales will be fighting to get MSs to lay amendments to introduce these clauses into the legislation to ensure landlords can still operate their business effectively.
The next stage for the Bill is a Senedd debate on its general principles to be held on Tuesday 13th October. Following this, the Bill can be amended by Members of the Senedd. This will first be considered at committee, then plenary stage. The Bill in its final form will then be voted on by all MSs. This must be completed before the Welsh Parliament is dissolved ahead of the election in May.
The Welsh Government has said the Renting Homes Act 2016 that this Bill will amend, and which will significantly reform the PRS in Wales, should then be implemented in autumn 2021, with a six-month warning for landlords and tenants of that commencement.
Read the written evidence provided by the NRLA (represented as the RLA at the time) here.