Oct
1

Section 21 is not the bogeyman that it is made out to be.

Whilst it can be abused by a small number of bad Landlords, let us look at it logically.  If a Landlord has a good Tenant, who looks after the property and pays the rent regularly, why would they want them out? The only possible reasons would be if they needed to sell the property with vacant possession, or to move back into it themselves. However, if the Tenant is abusing the property or acting unsociably towards the neighbours, or not paying the rent, a Section 21 Notice, which is giving two months’ notice anyway, is a reasonable way of dealing with the problem and regaining possession. The only alternative is a Section 8 Notice, which entails a court case. Not only is this costly, but even now involves a long wait. Without the option of a Section 21 alternative, the demand will be greatly increased and the waiting time much longer. During this time, more damage is being done to the property, the neighbours are more upset and the rent arrears are building. This will greatly increase the cost to the Landlord and it is unlikely that a Tenant of that type will be of substance, and therefore in a position to pay any award made by the court. The result will be to make the provision of buy-to-let properties far less attractive and more small Landlords are likely to be selling off their properties, reducing the choice available to Tenants. The net result of that will be that rents will rise, due to increased demand, relative to supply and Landlords will be very particular as to who they let into the property as Tenants.

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