With the recent statements by the Chancellor, Rachel Reeves MP, about the £22 billion “black hole” ‘discovered’ in the nation’s finances (and her consequent remedies) and the focus of the Secretary of State for Housing, Angela Rayner MP, firmly set on a huge house building programme fuelled by reform of the planning system, private rented sector reform seems to have taken somewhat of a backseat on the journey to resolving the national housing crisis.

The pomp and circumstance of the King’s speech during the state opening of Parliament sees the formalised beginning of the new parliament and a new legislative programme. Whilst the new Government is hoping for an increase in the economy’s growth rate to help fund the across the board “National renewal” that they wish to see, for the moment the path to making a difference looks like it will be via regulation with nearly 40 new legislative bills laid out in the speech.

A new Government is in place and Parliament will be swearing in MPs on Tuesday 9th July. There is a new Secretary of State at the Department for Levelling Up, Housing & Communities and a new legislative programme will be officially unveiled during the King’s Speech on 17th July. The current stabilisation of interest rates and inflation levels, although still higher than through the last decade, will hopefully help create some economic stability but huge fiscal challenges remain.

The Office for National Statistics (ONS) estimates that around 67% of residential properties in England and 65% in Wales (March 2023) currently have a valid Energy Performance Certificate (EPC), a certificate required when a property is built, sold or rented out. They are also required to be submitted by landlords to the Local Authority when the landlord is applying for a licence under a selective licensing scheme.