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TODAY'S OTHER NEWS

Industry survey shows continued opposition to S21 abolition

A survey of some 2,000 landlords, agents and others in the private rental sector show renewed concern over Section 21 and other measures contained in the Renters Reform Bill. 

Although the full Goodlord/Vouch report will not be released until mid September, a preview suggests that 54 per cent of landlords express pessimism about the Bill with just 14 per cent showing optimism. Letting agents are less divided - 43 per cent expressing pessimism and 29 per cent optimistic. 

The specific measure to abolish Section 21 continues to irk landlords. Some 62 per cent are opposed, although 29 per cent say they are neutral on the move - a softening of the position in last year’s survey.  Conversely letting agents have hardened their opposition to the abolition - 27 per cent supporting it in 2022 to just 11 per cent in 2023.

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On the introduction of a Private Rental Sector Ombudsman, 43 per cent of landlords oppose and 35 per cent are neutral. Letting agents and industry suppliers are more supportive - 42 and 41 per cent respectively believe it is a positive move.

William Reeve, chief executive of Goodlord, says: “Our upcoming report analyses the opinions of more than 2,000 industry stakeholders, covering more than 120 questions. Through this we’ve managed to build a 360-degree view of industry sentiment. We’re excited to share our findings in full in the coming weeks.”

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