The highly anticipated changes to the UK’s private rented sector<\/a> that will come as part of the Renters’ Right Bill are moving a step closer this month, after the government confirmed it would be moving to the Report Stage in the House of Commons on 14th January.<\/p>\n This is the point when all members of parliament (MPs) will debate the Bill, taking any suggested amendments into account that were put forward during the committee stage in November last year. Due to the fact that Labour has set rental reform as one of its priorities, the Report Stage is expected to be fast-tracked, potentially completing within a day.<\/p>\n After the Report Stage, the Renters’ Rights Bill should move onto its third reading in the House of Commons. Once it has been approved by both the House of Commons and the House of Lords, it receives Royal Assent before becoming law.<\/p>\n Although the Bill has been met with some negativity due to the uncertainty surrounding it, its aim is to bring in new safeguards for tenants, introducing what sets out to be a fairer system, while also improving certain processes for landlords<\/a>. Ultimately, a boost to the rental sector that makes it a more appealing environment for tenants should feed through as a positive to most landlords.<\/p>\n Rather than work purely in favour of tenants, the Renters’ Rights Bill should offer a balance between the rights of renters and of landlords. For example, a new ombudsman will be set up to help resolve disputes between tenants and landlords more quickly and fairly; while the court system for evictions is also expected to be improved for a smoother process for all involved.<\/p>\n Long-term landlords<\/a> in the UK buy-to-let sector will be accustomed to legislative and regulatory changes that take place through various government administrations. These include changes to taxes, as well as new laws on things like living standards.<\/p>\n The Renters’ Rights Bill is being viewed as a game-changer for the industry, shaking up some of the bigger issues such as evictions, tenancy agreements, and discrimination in the sector – and these are the major points being addressed by the prospective law change, among other things.<\/p>\n The ‘headline’ change is the removal of Section 21 evictions<\/a> – also known as ‘no-fault’ evictions – which are one of the main ways landlords can currently evict tenants. This has been met with concern from many in the industry, who are worried that removing this pathway for landlords could make it harder for them to legitimately oust tenants.<\/p>\n However, the Renters’ Rights Bill will aim to strengthen Section 8 evictions for landlords, funding a more streamlined court process and increasing the remit of reasons that landlords can evict.<\/p>\n Another big change is linked to tenancy agreements. The most common type for many years in the UK has been the Assured Shorthold Tenancy (AST) agreement, where most tenants sign up for a set period of time (normally 12 months, but sometimes with a six-month break clause). This is expected to be replaced with a periodic tenancy system – but again, with protections in place on both sides including minimum notice periods.<\/p>\n You can read more detailed points on the Renters’ Rights Bill below, or see the government’s website.<\/p>\n According to the government<\/a> website, the Renters’ Rights Bill will:<\/p>\n Keep up to date with the latest UK property news, including the Renters’ Rights Bill, on our news pages<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The Renters’ Rights Bill – previously titled the Renters’ Reform Bill under the Conservative government – has been named as a priority for Labour with a new key date now revealed. The highly anticipated changes to the UK’s private rented sector that will come as part of the Renters’ Right Bill are moving a step… Read more »<\/a><\/p>\n","protected":false},"author":1069,"featured_media":6100657,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,59,6],"tags":[737],"class_list":["post-6100655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buy-to-let-landlords","category-trending-news","category-uk-housing-market","tag-renters-rights-bill"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/6100655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/comments?post=6100655"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/6100655\/revisions"}],"predecessor-version":[{"id":6100656,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/posts\/6100655\/revisions\/6100656"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media\/6100657"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/media?parent=6100655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/categories?post=6100655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-us\/wp-json\/wp\/v2\/tags?post=6100655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Major changes on the way?<\/h3>\n
The official points in the Renters’ Rights Bill<\/h3>\n
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