The Renters Rights Bill – also known as the Tenants Rights Bill has been announced. Here at Darams, we have created a summary of the changes and what you can do to prepare in advance. The Bill will help you stay compliant and build long-lasting tenancies that work for both parties.
Here is a summary of the proposed changes:
- Abolition of Section 21 ‘No-Fault’ Evictions: Landlords will only be able to regain possession using valid legal grounds under Section 8.
- Rolling Tenancies: Fixed-term tenancies will now automatically convert to periodic.
- Rent Increase Limits: Rent can be increased only once per year and must reflect market value. Two months’ notice is required.
- Mandatory Landlord Registration: A national database will record all private landlords and their compliance status.
- New Ombudsman Scheme: Tenants will have access to a single, impartial complaints resolution service.
- Ban on Blanket Pet Restrictions: Landlords must consider pet requests fairly and cannot apply a blanket ban.
- End to Discrimination Against Tenants on Benefits or with Children.
- Lifetime Deposits and No Bidding Wars: Tenants will be able to transfer deposits between properties, and landlords must advertise a fixed rent.
To stay ahead of the changes and protect your portfolio, here are 3 tips to prepare in advance for peace of mind.
- Review your current Tenancy Agreements
Ensure they are flexible and compliant with Section 8’s periodic tenancy rules and other changes. - Start Property Improvements Now
Review and fix known hazards, update old systems, and prepare for the Decent Homes Standard in advance. - Digitise Record-Keeping
Use property management software to track payments, repairs, and communication with tenants for proof of compliancy.
For more guidance see the official information at Gov.UK
Or call us now for support with incorporating the changes to the Renters Rights Bill this year.
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