Member

Against the downside for landlords of not having guaranteed periodic possession of their property, the Bill provides more grounds for repossession. That is the bargain—the balance—but it has to be workable. The courts, or any alternative mechanism that might be invented, must be procedurally fast and sufficiently streamlined. It would be both unsound and unreasonable if the balance, through costs or hurdles for regaining the possession of property, were, in general, further loaded against small private landlords. That is not to say that I am against extended notice or vacating periods for tenants, especially for special circumstances, but in the instance of private landlords owning a single or a few properties, there must be possession rights—not just possibilities—for their property and the ability to realise the best value of the asset to provide for family health, financial or care provision. However, as I have also mentioned, it is a self-employed and small-business asset security issue of not insignificant economic consequence.