Reforms Of The Private Rented Sector

Reforms Of The Private Rented Sector Risk Access To HE – Originally Published by NRLA

Proposed Government reforms of the private rented sector threaten to make it harder for students to enter higher education, according to a letter signed by the National Residential Landlords Association (NRLA) and organisations from across the higher education sector, which has been sent to the Ministers for Private Housing and Higher Education respectively.

The Government’s reforms of the private rented sector, outlined in its White Paper on rental reform, propose that all student housing, with the exception of purpose-built blocks, would be subject to open-ended tenancies. This means landlords will be unable to guarantee that accommodation will be available for the start of each academic year, unless sitting tenants have handed in their notice to leave. As a result, students looking for housing will be unable to plan in advance where they want to live and with whom.

In the aforementioned letter to the Minister for the Private Rented Sector and the Higher Education Minister, the organisations, which include the NRLA, Universities UK and the British Property Federation, warn that without certainty about the availability of housing, “there is likely to be a significant reduction in available accommodation at a time when demand is growing.”

The groups go on to note that: “a shortage of this accommodation has already led some academic institutions to call for a limit to be placed on student intakes for as long as the next five years.” They warn: “The proposed introduction of open-ended tenancies and inevitable reduction in housing supply is therefore likely to further constrain the expansion of the education sector, to the detriment of prospective students and wider society.”

The organisations call on the Government to extend the exemption from open-ended tenancies granted to Purpose Built Student Accommodation (PBSA) to all student housing. They argue that where a landlord rents their property to a group of students a fixed term tenancy agreement should be permissible.

The groups go on to call for measures to allow student landlords to give two months’ notice to repossess a property when it is needed for incoming students. In order to provide protections for incoming students, they propose that such notice should only be given during the final two months of a tenancy agreement.

The signatories to the letter are the National Residential Landlords’ Association, Universities UK, the British Property Federation, the University of Cambridge, the University of Leeds, the University of Southampton, Lancaster University, Manchester Student Homes, Unipol, College and University Business Officers, We are Kin and the Young Group.

Blog Post from NRLA

See details of our Guaranteed Rent Scheme here

If you have any comments, please email the author of this article and click on the link above

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Registered Office: Woodgate Studios, 2-8 Games Road, Cockfosters, Hertfordshire, EN4 9HN | Registered in England and Wales | Registered Company No. 3961047 | VAT Registration No. 752 6015 48


Social Media Auto Publish Powered By :