New rules for rental market aim to “strike a balance”

Law will encourage fast-track evictions of non-paying tenants

The Spanish government is trying to jumpstart the country’s almost nonexistent rental market with a new set of measures that grant owners greater legal safeguards against defaults and gives tenants greater flexibility to end their leases.

On Friday Public Works Minister Ana Pastor and Deputy Prime Minister Soraya Sáenz de Santamaría presented the draft legislation that the government will take to Congress. The overarching goal, Pastor said, is to strike a “balance” between landlords and tenants in a country with a home-ownership rate of around 82 percent, and a marked aversion for renting out one’s property on the belief that the law clearly benefits the tenants — even those who fail to pay the rent.

“Default professionals”

Among other things, the law will encourage “fast-track evictions” of tenants in default — settling debts at the last minute will no longer save defaulters from eviction. The secretary of state for infrastructure, Rafael Catalá, said the aim is to prevent abuses by “default professionals.” Owners will also have an easier time getting their property back if they need it for themselves, with only two months’ notice necessary rather than a contract clause.

One of the more controversial aspects of the draft legislation is the elimination of the use of the Consumer Price Index as the basis for raising the rent year on year. From now on, both parties will be able to freely set the rent, something that consumer organizations argue will favor abusive behavior by landlords.

As for the tenants, they will be able to deduct the cost of any refurbishment work carried out in their rented properties from their taxes, and only give one month’s notice instead of two if they wish to terminate their lease ahead of time.

Comentar Normas

Para poder comentar debes estar registrado en Eskup y haber iniciado sesión

Darse de alta ¿Por qué darse de alta?

Otras noticias

Últimas noticias

Ver todo el día

La papeleta del referéndum: esto es lo que Tsipras plantea a los griegos

El País Madrid

El primer ministro mantiene la consulta de este domingo 5 de julio para aceptar o rechazar las propuestas de Bruselas

Pasaporte para entrar en la playa de Las Catedrales

La Xunta de Galicia limita a menos de 5000 el número de visitantes diarios

Un bufete demanda al Popular por un producto que califica de “tóxico”

EP Santiago

El banco niega este calificativo pero, según los abogados demandantes, "los afectados acumularon unas pérdidas patrimoniales del 83,3%"

EL PAÍS RECOMIENDA

Cuba elimina la transmisión madre-hijo del VIH

Silvia Ayuso Washington

La OMS señala al país caribeño como el primero conseguirlo

Las 300 mejores playas de España y Portugal

Navega por nuestro especial para encontrar tu cala favorita

Lo más visto en...

» Top 50


Webs de PRISA

cerrar ventana