BREAKING NEWS - LANDLORDS YOU NEED TO KNOW THIS
The renters reform bill is in Parliament next week, confirmed by Housing secretary Michael Gove. Read more to know how this is likely to impact landlords and tenants.
The Renters' Reform Bill is set to be published and presented in Parliament in the coming week, according to Housing Secretary Michael Gove.
Gove stated in an interview with Sky News that the new legislation will alter the dynamics between landlords and tenant.
This will provide tenants with enhanced protection against indiscriminate rent increases, protection against sub-standard rental properties and ‘no fault’ evictions. For landlords, it will give them greater powers to evict tenants who are anti-social or with arrears.
The Bill is expected to encompass a broad range of reforms, such as
1. the elimination of ‘no fault’ Section 21 eviction powers for landlords
2. a potential strengthening of Section 8 eviction powers
3. the likely introduction of a mandatory landlord register
4. tenants will probably have to give more notice to leave their property
5. and the implementation of a Decent Homes Standard for private housing like the one in place for social housing providers.
The Bill was initially proposed in 2019, and the Government has faced substantial criticism from activist groups for the delayed introduction to Parliament.
The specific details within the Bill will clarify which measures can be promptly enacted into law and which will require primary legislation, a process that typically takes up to a year to complete in Parliament.
I do not believe most Bedfordshire landlords have much to concern themselves with about this new proposed legislation but should be aware of the changes that will be coming. This legislation is designed to hurt the small minority of bad landlords, with sub-standard homes, who treat their tenants without care or consideration or ride roughshod over the existing 170+ laws and regulations landlords (and their agents) need to adhere to.
If you have any questions about this, do not hesitate to call Stuart on 01525 713111.