The private rented sector could shrink by 20% if Section
21 ‘no-fault’ evictions are abolished, according to a new economic analysis
report. The report by Capital Economics also forecasts a reduction in housing
available to tenants on housing benefit or Universal Credit. But it suggests a
possible solution, namely a reformed court process that made dealing with
Section 8 cases faster and cheaper could nullify the removal of Section 21 for
many landlords. However, the PRS would still see a likely reduction of between
180,000 to 390,000 homes, between 130,000 and 300,000 fewer homes available to
benefit claimants, and rent increases for between 110,000 to 240,000
properties. Read more on the Property Wire website.
England’s housing courts at breaking point as renters battle no-fault
evictions
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Courts said to be ‘overloaded’ as landlords sell properties and tenants
with nowhere to go try to delay evictions
It is a Wednesday afternoon at Stratfor...
6 days ago
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