By Jan – PIIM Property Management
The Renters’ Reform Bill is a piece of legislation that is currently making its way through the UK Parliament. It is expected to become law in the near future and will introduce a number of new rules for landlords, including:
- Abolishing Section 21 “no fault” evictions
- Giving tenants more rights to challenge rent increases and evictions
- Requiring landlords to provide tenants with written tenancy agreements
- Making it easier for tenants to get repairs done to their properties
As a landlord in the North East of England, it is important to be aware of the proposed reforms and how they may impact your business. Here is a brief overview of the key changes and what you need to do to prepare:
Abolition of Section 21 “no fault” evictions.
Section 21 “no fault” evictions allow landlords to evict tenants at the end of their tenancy without giving a reason. This is a controversial power, and the Renters’ Reform Bill will abolish it.
Under the new rules, landlords will only be able to evict tenants if they have a valid reason, such as if the tenant is not paying their rent or if the landlord needs to sell the property. This could make it more difficult for landlords to remove tenants who are not meeting the terms of their tenancy.
To prepare for this change, landlords should make sure that they have a clear understanding of the new eviction rules. They should also have a robust tenant selection process in place to ensure that they are letting their properties to tenants who are likely to meet the terms of their tenancy.
Greater rights for tenants to challenge rent increases and evictions.
The Renters’ Reform Bill will give tenants more rights to challenge rent increases and evictions. For example, tenants will be able to request evidence from their landlord to justify a rent increase. They will also be able to challenge evictions in court.
To prepare for this change, landlords should be prepared to provide evidence to support any rent increases. They should also be aware that they may face legal challenges if they try to evict tenants.
Written tenancy agreements
The Renters’ Reform Bill will require landlords to provide tenants with written tenancy agreements. This is a positive change, as it will provide both parties with clarity about their rights and responsibilities.
To prepare for this change, landlords should review their existing tenancy agreements and make sure that they comply with the new requirements. They may also want to consider using a template tenancy agreement from a reputable agent.
Making it easier for tenants to get repairs done.
The Renters’ Reform Bill will make it easier for tenants to get repairs done to their properties. For example, tenants will be able to request repairs in writing and landlords will be required to respond within a reasonable timeframe.
To prepare for this change, landlords should have a system in place for dealing with repair requests promptly and efficiently. They should also make sure that they have adequate insurance in place to cover the cost of repairs.
Know the law – Use an Agent like PIIM.
The Renters’ Reform Bill is a significant piece of legislation that will have a major impact on the private rental sector. Landlords need to be aware of the proposed changes and start preparing for them now.