Have your say on three-year tenancies proposal
Thursday 26 July 2018
Landlords and letting agents are encouraged to take part in a consultation on three-year tenancies in the private rented sector, which closes on August 26.
The consultation seeks views on how a longer tenancy model could be implemented.
The Government is also looking at whether to mandate the proposed longer-term model as the ‘default’ option, with the opportunity to opt for a shorter term let if requested by the tenant.
Alternatively, the Government says that financial incentives to landlords could also be explored to encourage longer term tenancies.
They also suggest that exemptions could be put in place for such tenancies that could not realistically last for three years.
You can respond online or respond directly to Ministry of Housing, Communities and Local Government by emailing PRSLongerTenancies@communities.gsi.gov.uk.
We want to add value to landlords with interesting news and views! Our Hub includes information and opinions on the housing market from a variety of expert sources – please just be aware it doesn’t always reflect Simple’s opinion, or the products and services we provide.