Monday 3 June 2024

Renters Reform Bill Sidelined

                                  www.hunters.com       

Following the announcement of  the General Election and subsequent dissolution of parliament, the Renters (Reform) Bill is no more. 

However, with renters reform high on the agenda of both the current government and main opposition parties, it’s likely we’ll see new rental reforms proposed in the near future. 

Lets look at why the Renters (Reform) Bill didn’t pass, what a new reform bill may contain, and what landlords need to do now to ensure they’re always compliant. 

Why didn’t the Renters (Reform) Bill pass? 

The Bill was currently going through the House of Lords when the announcement for the General Election was made. 

The 12 amendments tabled by the Lords meant the government simply ran out of time in the ‘wash-up’ period. Ironically, the Lords were presenting these amendments as the Prime Minister made his announcement.

Will there be a new Renters (Reform) Bill?

Both Labour and the Conservatives recognise that reform is needed, and all agree that section 21 should be abolished. Indeed, the shadow Housing Minister, Angela Rayner, has said she would abolish section 21 of the 1988 Housing Act, so called no fault evictions, on day one of a Labour administration. 

However, any Bill will have to start again from the beginning. Many agree that the previous Renters (Reform) Bill was poorly drafted and created a lot of unintended consequences so hopefully these issues can be addressed for the benefit of tenants whilst supporting landlord’s interests. 

What should landlords do now?

Landlords should educate themselves about the changes which will inevitably come. The penalties for even minor breaches will be significant so using a professional managing agent is critical. 

We will keep you up to date with any new changes to legislation, provide state of the art tenancy agreements and consistently provide expert advice.

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I have been in and around the Hertfordshire property market for over 25 years, starting as an estate agent in the county town of Hertford and now running a successful lettings and property management company based in Stanstead Abbotts. I have let and managed property all over Hertfordshire from the area that I currently work to Wheathampstead where I owned and managed a lettings & estate agents to Watford and surrounding areas where my company acted as a marketing agent for one of the largest property management companies in the country”


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