Renter’s Rights Bill moves a step closer
Recently MPs had opportunity to debate on Renters' Rights Bill, which aims to strengthen protections for renters.
The Renters’ Rights Bill will ban Section 21 ‘no-fault’ evictions for new and existing tenancies, extend Awaab’s Law into the private rented sector and end blanket bans for those on benefits or with children.
What will this means for your tenants and you as a Landlord.
No-fault evictions banned
The Bill will abolish Section 21 evictions for both new and existing tenancies at the same time, meaning landlords will need to provide a valid cause to end a tenancy early. Landlords will still be able to evict tenants if they have a legal reason, such as if the tenant is in several months' rent arrears or commits anti-social behaviour.
Ban on mid-tenancy rent increases
The bill will also ban rent increases being written into contracts to prevent mid-tenancy hikes, leaving landlords only able to raise rent once a year at the market rate.
Tenancy reform
The bill will remove fixed-term assured tenancies, which mean renters are obliged to pay rent regardless of whether a property is up-to-standard and prevent them from easily moving out in response to changing circumstances, such as a relationship breakdown or new job.
Instead, all tenancies will be periodic, with tenants able to stay in their home until they decide to end the tenancy by giving 2 months' notice.
When a landlord's circumstance changes, such as their need to sell up or move into the property, they will have to give four months' notice instead of two.
All renters will get a 12-month protected period at the beginning of a tenancy, during which landlords cannot evict them on these grounds.
It also features changes and updates to:
- Decent Homes standard
- Home health rules to tighten
- Ombudsman
- Bidding wars crackdown
- Awaab's law extended
- Ban on benefit discrimination
- Allowing pets
Read more here. on the Nottingham City Council website