White Paper proposing radical reforms to attract long-term rentals

Miguela Xuereb

The Government is proposing that landlords will not able evict tenants without a prior notice of a minimum of three months. This was revealed on Monday during a press conference on the occasion of the publication of a White Paper that is aiming at encouraging long-term leasing and stricter regulations on residential lets.

The aim of the White Paper is to make the rental market more attractive giving also the possibility for tenants to gain access to residential tariffs for their energy and water supply bills. The White Paper is also proposing a mandatory minimum rental period in an attempt to control the instability over 6-month rental contracts.

Parliamentary Secretary for Social Accommodation Roderick Galdes said that the reform is focusing on the creation of stability and transparency in the rental sector.

The White Paper is also suggesting that landlords will only be allowed to end the contract with the tenant only after the end of a stipulated period, and only upon due notice as within the timeframes that will be stipulated in the incumbent reform. Contract registration, inventory lists and security deposits are also likely to be mandatory

Kurt Scerri, and expert involved in the drafting of the White Paper said that research shows that properties renting out within the range of €400 up to €700 are scarce.

There is also a proposal for the establishment of a Housing Authority specialising on the business and residential rental markets.

Public consultation on the White Paper will be open until 30th November 2018 accessible from here.

You can find the White Paper document about the market rent here.