Renter Reform Bill
The Renters' Reform Bill is one of the most significant changes to the private rental sector in the UK in decades. Originally proposed in 2019, it was reintroduced in May 2023 and has gained traction as the government aims to overhaul tenant-landlord dynamics. Here's a breakdown of its current state and what we might expect to see.
Key Provisions of the Bill:
Abolition of Section 21 ("No-Fault" Evictions): Landlords will no longer be able to evict tenants without providing a justifiable reason. This change is expected to improve housing security for renters while addressing concerns about retaliatory evictions.
New Tenancy Framework: Assured shorthold tenancies will be replaced with open-ended periodic tenancies, giving tenants greater flexibility to move without losing their rights.
In-Tenancy Rent Controls: Rent increases will be restricted to once per year, and the process will be standardised to prevent arbitrary or exploitative practices.
Ban on Blanket Discrimination: The Bill bans landlords from discriminating against tenants on benefits, with children, or other marginalised groups.
Decent Homes Standard and Awaab's Law: These provisions aim to improve living conditions by requiring landlords to address hazards such as dampness and mould within defined timeframes.
Progress So Far
The Bill is currently advancing through Parliament and has received strong support from tenant organisations like Shelter and Generation Rent. The government has engaged with both tenant and landlord groups to fine-tune the legislation. However, there are concerns about potential delays, with the aim of full implementation by summer 2025.
What Will Home Made be doing?
Once the changes have been confirmed we will be working closely with our landlords to educate and engage on the topic. The new tenancy framework and abolition of section 21's will be two key areas of focus, ensuring that Landlords understand their position and what to do moving forward at the end of the tenancy.
The Renters' Reform Bill represents a landmark effort to rebalance the power dynamics between landlords and tenants. With increased protections and accountability measures, it aims to create a fairer rental market. However, ongoing consultation and adaptation will be crucial to ensuring that the legislation achieves its goals without creating new challenges for landlords or renters.