As many as four in ten landlords indicated they would like the Government to hold a fast-track housing tribunal, in the event of Section 21 eviction notices being scrapped, according to Paragon, in their PRS Trends Report for 2019 Q2.
Section 21 concerns
Section 21 notices, known for being used for so-called “no-fault” evictions, were first introduced in 1988. Since then, the Government has made moves to limit its use by landlords, before proposing to scrap Section 21 altogether.
The Government has planned to hold a consultation in the summer to get feedback on how to ensure the existing Section 8 eviction process can be adapted to suit the needs of landlords and tenants.
Paragon found that as well as landlords being keen to have their views heard through some kind of tribunal, 24 per cent of respondents wished for a shorter court process.
Respondents were found to be greatly in favour of a speedier process for evictions in general. As many as 84 per cent of them said they thought the time between serving notice and taking possession should take no longer than eight weeks.
Subdued landlord optimism
Paragon concluded that landlords were slightly more optimistic in 2019 Q2 than in the first quarter of the year. Despite this, they found that just 13 per cent of landlords were optimistic about future prospects. This compares to findings in 2014, which suggested 33 per cent of landlords had optimism about the future.
John Heron, director of mortgages at Paragon, commented: “Some of the main concerns for landlords around a move to the Section 8 eviction process relate to the efficacy of the existing court process. What we see here is the widespread support for a fast track housing tribunal that can deliver a fair and timely solution for both landlords and tenants.”
The Paragon survey featured a selection of 203 landlords, with 88 per cent identifying themselves as having been landlords for ten years or more. Of these respondents, 52 per cent also claimed to hold at least 20 years of experience as landlords.