My Lords, I have in the past been a residential landlord and I am currently a residential tenant, so I am aware of the difficulties that can be faced by both entities. I am fully aware of
the very serious hardships experienced by both tenants and landlords alike from the current pandemic. However, in the property rental world there has always been a minority of bad tenants—those who cause misery for other tenants and neighbours through anti-social behaviour or for other reasons—and landlords need to address situations where a small minority of tenants are regularly in arrears. There are bound to be instances of arrears which go back way before Covid. While I have every sympathy with those who have suffered financial difficulties as a consequence of Covid, I have little sympathy with the other group.
It is plainly wrong to regard landlords as being wealthy individuals and businesses that can afford to take a hit from rent arrears. The majority of landlords have only one property, and a considerable number purchased a property with their pension fund and have the rent as their sole form of income. To evict a tenant for whatever reason is a slow, arduous and expensive exercise in itself, notwithstanding the considerable loss of rent.
I have no time to comment further, but suffice to say I strongly support the Government in their views on the rules before us today.
2.26 pm