GOVERNMENT WHITE PAPER JUNE 2022 “A FAIRER PRS” “Fairer Private Rented Sector” White Paper from the Department of Levelling Up, Housing and Communities.
The Paper itself is 86 pages long and you can find the original document here at:
The recent White Paper from the Government, delivered on 16th of June 2022, represents the biggest overhaul of the Private Rented Sector (PRS) in the last three decades. It has been coming for a while and parts of its content have been on our radar since 2019. Some elements have caused quite a stir and there are even parts that have caused division in our own team, in the office, here at KPA HQ.
Where something is going to have a major impact on your business, it would always be our advice to not only listen to well informed parties, but to research and read for yourself, to get a broader understanding of all the facts involved.
So, what’s it all about? Let’s take a closer look: Firstly, what is a White Paper? A White Paper is a policy document, produced by the Government, that sets out their proposals for future legislation. There will now be further consultations and discussions, with interested and affected groups and parties and final changes, before a Bill is formally presented to Parliament. This particular White Paper, has been on our radar since 2019 and there are certain elements of it that we’ve been fairly certain would be included. 22
https://www.gov.uk/government/publications/a-fairer-private-rented-sector
All interested parties, such as the NRLA, ARLA Propertymark, Shelter etc., will now be in discussions with the Government regarding the finer detail of the document, which they had sight of before publication.
