16 Jun 2022

Nationwide comments on the Fairer Private Rented Sector White Paper

Following the publishing of the government's Fairer Private Rented Sector White Paper Nationwide Building Society has commented.

Paul Wootton, Nationwide's Director of Home, said: "Nationwide believes everyone should have a safe, secure and comfortable home, which is why we are committed to improving standards within the private rented sector. When implemented, the proposals outlined in this long-awaited Bill will have a positive impact on housing quality and conditions for tenants and provide much-needed clarity on rules and regulations as well as additional support for landlords. As a buy-to-let lender we are keen to understand more about how the changes will be implemented, to ensure we fulfil our important role of balancing the needs of landlords as well as tenants. We are keen for the legislation to be delivered as soon as possible as the rising cost of living is continuing to exacerbate the issues the Renters Reform Bill is looking to address."