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Almost one million private renters in England have been handed no-fault evictions since the Conservative government promised to abolish them, new data has shown.

Research carried out by YouGov on behalf of homelessness charity Shelter – and shared exclusively with Sky News – showed that since April 2019 a total of 943,000 people had been given Section 21 notices, which is the equivalent of more than 500 renters every day.

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The figures also showed unwanted moves were costing private renters in England £550m a year, with 830,000 people having to move in the last 12 months alone due to either their fixed tenancies coming to an end, being priced out by rent increases or being served with a Section 21.

Add in the soaring upfront costs for rents and deposits and unwanted moves are costing more than £1bn a year – or an average of £1,245 per person.

Polly Neate, Shelter’s chief executive, said tenants were “bearing the cost of the government’s inaction” and warned any further delays to banning no-fault evictions would see more people “tipped into homelessness”.

But Levelling Up minister Jacob Young defended the government. He said abolishing Section 21s was “the biggest change to the private rented sector in more than 30 years” so it “takes time to make sure we get it right”.

Pic:: iStock
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In England, the equivalent of more than 500 renters a day are being evicted through no fault of their own. Pic: iStock

A Section 21 notice is the legal mechanism allowing landlords to evict tenants without providing a reason, which creates uncertainty for those who rent their homes.

The government first promised to ban them five years ago this week – back when Theresa May was still in Number 10.

Yet despite subsequent Conservative leaders pledging to see through the policy, it still hasn’t come into law – with the housing secretary announcing an indefinite delay to the Renters Reform Bill last month.

‘I had a meltdown’

Natalie was served with two Section 21 notices within 18 months.

The 47-year-old from Brighton told Sky News she received the first one just after COVID and she took it in her stride. She said: “It wasn’t an ideal rental, it was quite dilapidated… but I had got into quite a good relationship with the landlord and I wasn’t freaking out. They just wanted to sell their flat and get out of the rental market.”

However, the relationship soon soured and turned into a “nasty environment” as she struggled to find a new home in a market with soaring costs and poor quality places.

“You couldn’t even see a property without having a £35k guarantor or you would have to have a whole year’s rent in advance and it just turned into a figures game,” said Natalie.

“If you don’t look good on paper, you are not going to get to see a flat, you are not going to be considered for it. You are not going to tick all the boxes. It is financial discrimination.”

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Natalie faced two no-fault evictions within 18 months

After staying with friends for two months, Natalie found a new property, but in the first three weeks, it had flooded, and she noticed day by day the “shoddy workmanship”.

And after a year, again through no fault of her own, she got a call from the estate agent to say the rent was going up by £150 a month and she would need to leave.

Natalie said she had a “meltdown”.

“It’s an awful thing, not feeling like you’re an adult and not being able to support yourself or find space in a location you have decided is home – finding out that it doesn’t mean anything that you have been living there for 21 years,” she said.

She added: “I’d like people to be able to have a home if we are living in a so-called civilised society. How’s anybody supposed to get anywhere without having their home? It should just be like water and air – we all need that to function.

“Something really drastic needs to be done.”

Tories criticised for ‘excuse’ holding back change

Mr Young, the Levelling Up minister, told Sky News his “hope” and “primary focus” was to see the bill passed, banning Section 21s for new tenancies before the next general election – which must take place before the end of January 2025.

But he couldn’t “give a commitment on a solid date” for the ban to also apply to existing tenancies, meaning millions – including Natalie – would continue to be at risk of losing their homes.

“We have to do this in a proportionate and phased way, working with the sector to make sure our reforms are actually effective,” he told Sky News.

“If we were to abolish everything straightaway, that would create a lot of uncertainty in the sector.”

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However, Shelter’s Ms Neate argued the reason for the delay was not about getting the legislation right, but about “bowing to backbench landlords”.

A group of Tory MPs – a number of whom are landlords themselves – raised concerns the courts were not prepared for the legal cases that could result from the simpler mechanism being outlawed.

As a result, the government said Section 21s would remain in place until an assessment had been made of whether the legal system could handle the changes.

But Ms Neate called it an “excuse”. She said: “The reason why they’re delaying is because they’re under pressure from their own backbenchers, many of whom are landlords, who just don’t want to see no-fault evictions ending.

“Why you would want the right to evict somebody for absolutely no reason is beyond me, frankly.”

She added: “Our frontline services every single day are seeing the worst effects of this.

“Section 21 no-fault eviction is one of the leading causes of homelessness in this country. And that’s why we’re so eager for the government to end it.”

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Government still ‘committed’ to abolishing no-fault evictions

Mr Young denied there were “vested interests” in his party and said he did not “begrudge” his colleagues for having rental properties.

He said: “We can’t just listen to one side of the sector in this argument. It has to be that we’re delivering a bill that benefits both tenants and landlords.

“This bill is about protecting good tenants and landlords, and pitting them against the rogue actors in the system.”

Revealing his own aunt had been subject to a Section 21 just before Christmas, Mr Young added: “It takes time to make sure that we get it right. There are 11 million renters in the country. If we get it wrong for those 11 million renters, that doesn’t help them at all.

“I know the uncertainty that [Section 21s] can provide to families. That’s why I’m committed to abolishing it. That’s why I’m focused on delivering this.”

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Conservative minister Jacob Young defended the government, despite his aunt being subject to a Section 21 before Christmas

Matthew Pennycook, Labour’s shadow minister for housing and planning, said his party is committed to ending the “ever-present fear” of Section 21s “immediately” if it gets into power – and would put forward amendments for government legislation to speed up the process.

He told Sky News the abolition of no-fault evictions could be done “overnight” if the Conservatives chose to, leading to “a stable private rental system… [where] families can live and thrive in what should be their homes, not just an asset that can just be taken back at a moment’s notice”.

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Labour promises ‘immediate’ end to no-fault evictions

Mr Pennycook also said he believed the court system could “cope” with the changes, but added: “I think what private tenants would argue is [the government has] had five years to get to the point where that they can introduce a system to honour this commitment to abolish Section 21 notices, and they’ve played around for far too long.

“We think they’re selling out to vested interests in bringing these changes forward.”

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Plan to tackle rough sleeping unveiled – but charities say it doesn’t go far enough

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Plan to tackle rough sleeping unveiled - but charities say it doesn't go far enough

Homelessness charities have warned that ministers are “falling short of what is desperately needed to end Britain’s homelessness crisis”.

It comes as the government published its new plan to tackle rough sleeping in Britain, which pledges £3.5bn of funding to crackdown on the issue.

But charities have said Labour’s National Plan to End Homelessness “falls short” and contains “important gaps”, meaning the party will not be able to achieve their stated goal of halving the number of homeless people by 2029/30.

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Crisis, an organisation that supports the homeless, also argues that only £100m of the funding announced in the strategy is new.

Meanwhile, Labour MP Paula Barker, who co-chairs the All-Party Parliamentary Group (APPG) for ending homelessness, has told Sky News that the strategy has a “depressing lack of meat on the bone”, looks like it has been “rushed out”, and has left her “disappointed”.

It comes as Shelter warns that 382,618 people in England – including a record 175,025 children – will be homeless this Christmas, equivalent to one in every 153 people.

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Working but homeless: Daniel’s story

What does the government’s plan to reduce rough sleeping involve?

The government has made three key pledges in its new plan, unveiled on Wednesday evening.

It says that it is aiming to halve the number of long-term rough sleepers by the end of the parliament, reduce the time families spend living in bed and breakfasts (B&Bs), and prevent more people from becoming homeless in the first place.

To achieve this, the party has set out numerous new measures, schemes and extra funding.

The main measures in the strategy are:

  • Getting prisons, hospitals and social care services to work together better by passing a “duty to collaborate”;
  • Halving the number of people made homeless on their first night out of prison;
  • Preventing people being discharged from hospital straight to the street;
  • Helping the 2,070 households currently living for more than six weeks in B&Bs;
  • Giving councils an extra £50m – with the demand they create tailored actions plans.

A new £124m supported housing scheme is also being established, and the government hopes that it will help get 2,500 people in England off the streets.

Housing Secretary Steve Reed said homelessness is “one of the most profound challenges we face”, and suggested that the strategy will build “a future where homelessness is rare, brief, and not repeated”.

How has the plan been received?

Ms Barker told Sky News she welcomes “the scale of investment”, but is “disappointed by what I have seen”.

The Labour MP explained: “From what I have seen so far, it leaves more questions than it answers – where are the clear measures around prevention? Where is the accommodation for people sleeping rough coming from – has it already been built? What about specialised provision for those fleeing domestic abuse?

“We needed this strategy to be bold.”

MP Paula Barker is 'disappointed' by what she has seen
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MP Paula Barker is ‘disappointed’ by what she has seen

Meanwhile, organisations working to support those on the streets have welcomed the plan for its focus on the issue, but warn it leaves it “almost impossible” for many families to avoid homelessness.

Matt Downie, the chief executive of Crisis, said: “Housing benefit remains frozen until at least 2030; there is no coherent approach for supporting refugees and stopping them becoming homeless; and we hear no assurances that the new homes government has pledged to build will be allocated to households experiencing homelessness at the scale required.

“There is a long way to go. Ministers are taking steps in the right direction, but falling short of what’s desperately needed to end Britain’s homelessness crisis.”

An exhibit organised to highlight the contrast between the Christmas period and an estimated 23,500 young people who will homeless. Pic: PA
Image:
An exhibit organised to highlight the contrast between the Christmas period and an estimated 23,500 young people who will homeless. Pic: PA

Sarah Elliott, head of Shelter, also warned the proposals do not go far enough, saying: “Until a lot more of these social homes are built, one of the only ways to escape homelessness is if you can afford to pay a private rent.

“We know from our frontline services this is almost impossible to do when housing benefit remains frozen, and that is where the homelessness strategy falls short.”

Centrepoint, a charity that supports young people facing homelessness, said that the strategy is “an important step”, and could be “transformative”. But it added that “gaps in the government’s approach remain”, and said increases in funding “don’t face up to the scale of homelessness”.

The Conservatives have said that the strategy means Labour “has completely failed on homelessness”.

Paul Holmes, shadow housing minister, said the number of households and children in temporary accommodation has risen to “record levels”, and pointed to the government’s “abysmal record on house-building” and tackling immigration.

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Australian regulator eases rules for stablecoins and wrapped tokens

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Australian regulator eases rules for stablecoins and wrapped tokens

Australia’s securities regulator has finalized exemptions that will make it easier for businesses to distribute stablecoins and wrapped tokens.

The Australian Securities and Investments Commission (ASIC) on Tuesday announced the new measures, aimed at fostering innovation and growth in the digital assets and payment sectors. 

It stated that it was “granting class relief” for intermediaries engaging in the secondary distribution of certain stablecoins and wrapped tokens.

This means that companies no longer need separate, and often expensive, licenses to act as intermediaries in these markets, and they can now use “omnibus accounts” with proper record-keeping.

The new exemptions extend the earlier stablecoin relief by removing the requirement for intermediaries to hold separate Australian Financial Services (AFS) licenses when providing services related to stablecoins or wrapped tokens.

Leveling the playing field for stablecoin issuers

The regulator stated that these omnibus structures were widely used in the industry, offering efficiencies in speed and transaction costs, and helping some entities manage risk and cybersecurity.

“ASIC’s announcement helps level the playing field for stablecoin innovation in Australia,” said Drew Bradford, CEO of Australian stablecoin issuer Macropod.

“By giving both new and established players a clearer, more flexible framework, particularly around reserve and asset-management requirements, it removes friction and gives the sector confidence to build,” he continued. 

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The old licensing requirements were costly and created compliance headaches, particularly for an industry awaiting broader digital asset reforms.

“This kind of measured clarity is essential for scaling real-world use cases, payments, treasury management, cross-border flows, and onchain settlement,” added Bradford.

“It signals that Australia intends to be competitive globally, while still maintaining the regulatory guardrails that institutions and consumers expect.”

Angela Ang, head of policy and strategic partnerships at TRM Labs, also welcomed the development, stating, “Things are looking up for Australia, and we look forward to digital assets regulation crystallizing further in the coming year — bringing greater clarity to the sector and driving growth and innovation.”

Global stablecoin growth surges 

Total stablecoin market capitalization is at a record high of just over $300 billion, according to RWA.xyz. 

It has grown by 48% since the beginning of this year, and Tether remains the dominant issuer with a 63% market share.

Stablecoin markets have surged in 2025, and Tether remains dominant. Source: RWA.xyz 

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