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Allowing older people to attack Labor over 'end of the world' reform bill

Mark von Gränherr (main photo), a leading lettings agent, warned that the Tenants' Rights Bill would spell the “apocalypse” for the private rental market, with negative consequences for renters, landlords and agents.

Speaking on the day the bill received its second reading in parliament, von Grünherr said the bill would lead to fewer landlords, fewer renters and higher rents.

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doomsday

“Today’s Second Reading brings us closer than ever to a potential rental market apocalypse. If the Government persists in reviewing the law with even more cunning, the result will be fewer landlords and fewer tenants. “There will be fewer housing units, rents will rise, and conditions will become even more difficult for renters,” he said. Mr. von Grunherr, Director, Benham & Reeves.

Sam Reynolds, Zero Deposit CEO

Zero Deposit's Sam Reynolds also joined in the criticism, accusing the government of taking a “pragmatic approach” to the bill's wider implications.

The government has so far taken a sandbar approach. ”

“Improving tenant welfare is positive in theory, but the government has so far given little consideration to the consequences of discouraging participation from national landlords and the sector, and is seeking a proactive approach. “It's obvious that you're taking it,'' he says.

“Doing so could very well do more harm than good when it comes to affordability in the rental market,” he added.

the landlord looks on

Sian Hemming-Metcalfe images
Siân Hemming-Metcalfe, Director of Inventory-Based Operations

Sian Hemming-Metcalfe, operations director at inspection technology company Inventory Base, said the bill's “tenant-first” approach could destabilize the rental market.

“By sidelining landlords with such sweeping reforms, we risk reducing the availability of properties, increasing rents and shrinking the rental market.

“This imbalance ultimately ends up hurting tenants just as much, if not more, in the long run. A sustainable approach requires the needs of both landlords and tenants. must be met.”


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