Will you ever be able to evict your tenants?
The ‘eviction revolution’ is really more of an eviction prediction at the moment, but it’s not likely to be bad news for anyone.
Rent Guarantee Insurance
There are certainly going to be some changes to the way landlords regain possession of their property once Section 21 is phased out and replaced with a turbocharged Section 8, but how this looks in practice is still pure speculation.
Currently, Section 21 is still available to use, and many landlords prefer the guarantee of it (when it’s served correctly)! However, the government has recently pledged to abolish no-fault Section 21, as part of the Renters’ Reform Bill. Whilst we still cannot be sure how the future will look, it is expected that we will move to a model more like the eviction format used in Scotland currently, with an expanded version of Section 8 notices available.
Turbocharging Section 8
Section 8 grounds are likely to be strengthened and extended, with additional grounds added for situations such as when a landlord needs their property back for their own (or family) use, or they wish to sell.
The response to the initial consultation paper is due back in Westminster later this year (assuming no further Pandemic-shaped delays to usual Parliamentary proceedings), so for the meantime Section 21 is still in use, but don’t look to rely on it for much longer…