Are you ready for the renters reform bill?

Latere this summer the long awaited Renters Reform bill will become law for all Landlords. We take a look at what the key takeaways are.

Here’s a more detailed look at the bill’s proposed changes:

Abolition of “no-fault” evictions:
Landlords will no longer be able to evict tenants without a valid reason, such as rent arrears or breaches of the tenancy agreement;
Periodic Tenancies:
Fixed-term tenancies will be abolished, and all tenancies will be converted to periodic tenancies, allowing tenants to end the tenancy with two months’ notice;
Rent Increase Regulations:
Rent increases will be limited to once per year and must be communicated with at least two months’ notice, along with justification for the increase;
End to Bidding Wars:
Landlords and agents will be prohibited from encouraging or accepting offers above the advertised rent;
New Decent Homes Standard:
A new Decent Homes Standard (DHS) will be introduced for the private rented sector;
Awaab’s Law Application:
Awaab’s Law will be applied to the private rented sector, requiring landlords to address hazards within a specified time period;
Private Rented Sector Landlord Ombudsman:
A new ombudsman will be established to resolve disputes between landlords and tenants;
Private Rented Sector Database:
All landlords will be required to register themselves and their properties on a new database;
Discrimination Bans:
Landlords and agents will be prohibited from discriminating against prospective tenants based on their receipt of benefits or having children;
Pet Ownership:
Tenants will have the right to request reasonable consent for pet ownership