Paul Shamplina highlights the creaking legal system, “We need a thousand more judges. The courts need to be fixed and there needs to be confidence. Labour want to put a stop to bidding. But regards to the reality of Section 21, once the renters reform mark two happens, and that includes the banning of Section 21, I think it is going to be a year to 18 months. There will be ping pong and amendments. But the reality is there will be some more severe rules and regulations for landlords. I’ll give you an example, notice periods for Section 8 rent arrears is 14 days. Labour want to bring in a four month notice period, so you have two months’ rent arrears, you serve a notice for four months, and what does that mean? It means you have six months’ rent arrears before you go to court. So they are worries for landlords but we have to watch and wait. Section 21 is going I’ve lived and breathed it for five years.

When Section 21 goes, landlords will need to be more stringent with referencing, you’re going to have a lot of landlords that are going to insist on having guarantors, you’ve really got to protect yourself. And then there’s rent guarantee insurance.”