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Opinion
Marcus Ashworth and Stuart Trow

The Leveling Down of Britain’s Home-Rental Market

Government plans to amend tenancy regulations serve neither landlords nor tenants.

Estate agent "To Let" and "Rent" signs outside residential properties in the Queen's Park district of London.

Estate agent "To Let" and "Rent" signs outside residential properties in the Queen's Park district of London.

Photographer: Hollie Adams/Bloomberg

Last week saw the UK’s housing minister, Michael Gove, introduce his long-awaited Renters’ Reform Bill. As the private rental sector provides homes for 11 million people, often the most disadvantaged, it could have marked a major reset. Instead, the proposed amendments are neither enough to reassure nervous tenants, nor sufficient to dissuade many of Britain’s 2.75 million fed-up landlords from continuing their exodus from the market.

The central plank of the bill is the proposed abolition of so-called “no fault” (known as Section 21) evictions. From a tenant’s perspective, removing the threat of a landlord being able to evict without citing any reason is an obvious improvement. But it fails to fully address the reason why no-fault evictions became the most practical means of regaining possession of a property from a delinquent or disruptive tenant. The alternative is to involve the police, with wider societal ramifications. Then it's a long battle with England’s creaking court system, where possession orders frequently take 12 to 18 months to enforce.