Government looking to introduce Minimum 3 Year Tenancies.
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It has been reported that the government will today, Monday 2nd July 2018, announce a formal consultation period on the proposal to introduce a minimum term of 3 years for all tenancies. In government briefings to selected journalists over the weekend it was revealed that the three year period would be the most common duration for a tenancy in England with some exceptions, such as for students. It has now also emerged that the government is likely to demand a six-month break clause. Communities Secretary James Brokenshire will this morning issue a statement saying: "It is deeply unfair when renters are forced to uproot their lives or find new schools for their children at short notice due to the terms of their rental contract. Being able to call your rental property your home is vital to putting down roots and building stronger communities." Labour’s housing spokesman, John Healey, has also criticised the idea. He says: "Any fresh help for renters is welcome but this latest promise is meaningless if landlords can still force tenants out by hiking up the rent.” Healey says Labour’s plans include controls on rents, an end to what he describes as “no-fault evictions” and enhanced protection against sub-standard properties. If you would like to discuss the consultation proposal or have any queries then please give Simon Bacon a call on 01212402244