Renters Rights Act
Abode recently hosted an informative event for our landlords, focusing on the upcoming Renters’ Rights Act and what it means for the private rental sector.
With significant changes set to impact both landlords and tenants, the session was designed to provide clear, practical guidance and ensure our clients are fully prepared for the evolving legislation. Our team outlined the key updates, discussed how they may affect property management, and answered questions from attendees.
Below is a summary of the key changes landlords need to be aware of:
Key Changes Landlords Need to Know
1. End of Section 21 ‘No-Fault’ Evictions
Landlords will no longer be able to evict tenants without a valid reason. All evictions must be based on legal grounds, such as rent arrears or selling the property.
2. Abolition of Fixed-Term Tenancies
All tenancies will become periodic (rolling), giving tenants more flexibility and security.
3. Stronger Tenant Security
Tenants will have greater protection from eviction and more confidence to challenge poor standards without fear of retaliation.
4. Rent Increase Restrictions
Rent can only be increased once per year, with a minimum of 2 months’ notice, and tenants can challenge increases they feel are above market value.
5. Limits on Rent in Advance
Landlords will only be able to request one month’s rent in advance, improving affordability for tenants.
6. Ban on Rental Bidding Wars
Properties must be advertised at a set price, and landlords/agents cannot encourage offers above this figure.
7. Right to Request a Pet
Tenants will have the right to request permission for pets, and landlords must not unreasonably refuse.
8. Anti-Discrimination Rules
It will become illegal to blanket ban tenants with children or those receiving benefits.
9. New Tenancy System
Assured Shorthold Tenancies (ASTs) will be replaced with a simplified system of assured periodic tenancies.
10. Decent Homes Standard & Stronger Enforcement
Landlords will be expected to meet higher property standards, with increased powers for enforcement against poor practice.
