By Chan Khangura, MD of Whitegates, Huddersfield, Brighouse and Holmfirth
The Renters’ Rights Bill aims to make sure private tenants have access to a secure and decent home.
The Government is keen for it to become law quickly and it is progressing through the Houses of Parliament.
The bill has had a second reading and went to committee stage and will now progress to the report stage.
While the bill will bring the biggest changes in the private rented sector in 40 years, there’s nothing to fear for landlords. In my view, change is positive and will bring new opportunities.
Here’s what we know so far:
Abolishing Section 21
The Renters’ Rights Bill aims to immediately ban Section 21 ‘no fault’ evictions by “next summer”, according to Housing Minister Matthew Pennycook. This abolition will apply to both new and existing tenancies.
Strengthening Tenants’ Rights
Tenants will have power to challenge rent increases and end bidding wars. Landlords and letting agents will need to publish an asking rent and can’t accept offers above this price.
Pets in Lets
Tenants will have more freedom to request a pet. However, landlords can require a tenant to have pet property damage insurance and can refuse consent on reasonable grounds.
Decent Homes Standard
Private rental homes will need to be safe and hazard free. Landlords who fail to address any hazards can be fined up to £7,000 by local councils and may face prosecution.
Awaab’s Law
Initially part of the Social Housing (Regulation) Act, this law means landlords must follow strict timescales to address hazards, such as damp and mould.
New Digital Database and Landlord Ombudsman
A new digital database will provide tenants with information when entering new tenancies. The new Landlord Ombudsman will provide a fair resolution service to settle disputes without need for court involvement.
Whitegates Huddersfield offer a free landlord review. Ring 01484 452314 for more information. Chan’s blog can be found HERE.
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