Do you know what to expect from the Renters’ Rights Bill? We highlight what the Renters’ Rights Bill is and provide more information on the upcoming bill, which is expected to come into effect in 2025.
What is the Renters’ Rights Bill?
The Renters’ Rights Bill is a proposed piece of legislation aimed at reforming the laws governing rented homes.
It seeks to abolish fixed-term assured tenancies and assured shorthold tenancies, alongside introducing additional responsibilities for landlords and others related to rented homes, and temporary and supported accommodation, ensuring greater accountability and improved living standards for renters.
Upcoming Renters Rights Bill
The Renters Rights Bill, expected to come into effect in 2025, is set to bring significant changes for landlords and tenants. While the exact terms and implementation dates are still to be confirmed, the proposed measures include the below.
Ban on no-fault evictions
Section 21 notices will be abolished. However, landlords will have enhanced eviction grounds under Section 8, such as needing to sell the property or requiring it for personal use.
No more fixed-term tenancies
All new tenancies will become periodic from the outset, replacing traditional fixed-term agreements.
Rent controls and limits
Landlords will be able to increase rents only once per year, with increases needing to reflect market rates.
No bidding wars
Offers above the asking price will be prohibited.
Mandatory landlord registration
All landlords will need to register on a new online portal.
Pet-friendly policies
Blanket bans on pets will no longer be permitted, although landlords can require conditions such as pet insurance.
Upcoming Renters’ Rights Bill
These changes aim to modernise the rental market and enhance tenant rights, but they will also require landlords to adapt their property management practices.
The bill is currently progressing through parliament, and you can check the bill’s progress here.
Renting your property
Horton and Garton remain up to date on all proposed legislation and can guide landlords in preparing for these changes. If you would like to discuss this in more detail, please feel free to contact our team who would be happy to answer any questions you may have.
