Landlords think that possession grounds proposed by the Renters’ Rights Bill could help them cope with the abolition of Section 21 evictions.
New mandatory grounds include occupation by landlord or family, the sale of a residential property, when a superior lease ends, possession by a superior landlord, and possession to allow compliance with enforcement action.
A survey by buy-to-let lender Landbay found that 40% said possession grounds would be helpful, while 28% said they wouldn’t be.
Rob Stanton, sales and distribution director at Landbay, said: “New possession grounds could offer a helping hand to landlords in the face of abolition of section 21s.
“Good landlords far outweigh the bad and, despite a somewhat bumpy market at the moment, demand continues to outstrip supply.
“As a buy-to-let lender, we are here to help should landlords need extra financing. We remain committed to doing our bit to help, innovating to meet the needs of landlords.”
A landlord told Landbay: “Tenants should be dealt with fairly. Landlords should respond in good time to genuine issues but they should however be allowed to deal with problem tenants swiftly and firmly.”
But another thought that the Section 8 process would still be too protracted.
They said: “I don’t believe in the abolition of section 21 as it will put a lot of financial pressure on landlords when a tenant does not pay rent and has to go down the lengthy process of section 8 to get a property back.”
Nearly all of the landlords knew about the new Bill, with only 9% saying they were unware.