![Renters’ Rights Bill 2024](https://www.romansandpartners.com/wp-content/uploads/Rent-reform-uk.jpg)
The government has proposed reforms to create a fairer and more balanced rental market. The changes aim to increase tenant protections while updating property management rules and landlord responsibilities. The bill will also strengthen landlords’ rights to regain possession of their properties. The main areas of focus include:
- Abolishing ‘No-Fault’ Section 21 Evictions
Landlords will no longer be able to end tenancies without a valid reason. This change will provide tenants with greater security in their homes. - Introducing Periodic Tenancies
All tenancies will move to a periodic structure, meaning tenants won’t be tied into long fixed-term contracts beyond their initial commitment. This will give tenants the flexibility to move out by giving proper notice. Rent reviews will take place once a year on an “Anniversary Date.” - Strengthened Grounds for Possession
The bill outlines specific legal grounds for landlords to regain possession of their properties. This ensures a balanced approach that considers both landlords’ needs and tenant rights. - Revised Property Standards and Management Rules
New requirements will be introduced for property maintenance, ensuring all rental homes meet minimum quality standards. - Introduction of a Landlord and Property Register
A Property Portal will be launched, providing a digital database where tenants can check landlords and their properties before signing a rental agreement. This portal will also help landlords ensure they meet legal requirements.
At present, the bill is still under review by the UK government, and no final decisions have been made. Further changes are expected before the bill is finalised. The anticipated timeline for these changes are:
- The law is expected to be passed in Spring 2025.
- Implementation is likely to begin in Summer 2025.
We are closely monitoring the bill’s progress and are here to support you through these changes. If you have questions or concerns about how the reforms might affect your property or portfolio, please don’t hesitate to get in touch.