X
X
Where did you hear about us?
The monthly magazine providing news analysis and professional research for the discerning private investor/landlord

Government to Deliver ‘New Deal’ For Renters

The government has announced that it will deliver ‘the biggest change to rental law in a generation, improving the lives of millions of renters by driving up standards in the private and socially rented sector’, which it says is delivering on the government’s mission to level up the country.

A ‘new deal’ will be put in place for the 4.4m households privately renting across England by extending the Decent Homes Standard to the private rented sector (PRS) for the first time. These reforms will build on the progress the government has already made in this area, and ensure all renters have access to secure, quality homes, levelling up opportunities for the 21% of private rented who currently live in homes of an unacceptable standard.

New measures will also protect tenants, delivering on a manifesto commitment. So-called ‘no fault’ Section 21 evictions - that allow landlords to terminate tenancies without giving any reason - will be outlawed. The government stated: ‘Together these reforms will help to ease the cost-of-living pressures renters are facing, saving families moving from one privately rented home to another an estimated £1,400 in moving costs.’

The Bill will also strengthen landlords’ grounds for repossession making it easier for them to evict tenants who are wilfully not paying rent, or who are repeatedly engaging in anti-social behaviour, bringing down neighbourhoods.

Tenants in social housing will also benefit from major reforms to the sector. The Social Housing Regulation Bill will make all registered social housing providers subject to a tough new regulatory regime, with failing social landlords facing unlimited fines if they fail to meet the standards expected of them.

Want the full article?

subscribe