Stuarts Residential

Renters Reform Bill

I woke this morning to find my inbox bursting with emails carrying the news that the long awaited white paper on the Renters Reform Bill is to be published today.

At the time of writing this hasn’t actually been released although I will continue to hit ‘send and receive’ as I type this.

What do we know so far? The devil is in the detail of course, so until we can read the White Paper we can only rely on the headlines in the governments press release which include:

Much of this is not new information. For example, we have known for some time that Section 21’s will be abolished or that you cannot have a blanket ban on tenants receiving benefits.

It is worth keeping in mind that this will need to follow parliamentary process before it passes into law, and although the original target was March 2023, it seems unlikely that they will achieve this date.

There will be a consultation following the release of the paper and we would urge you to contribute your opinions to this.

These points do raise questions for landlords (and us) and at the moment we do not yet have the answers. Once we have had the opportunity to study the paper we will post more so do keep an eye on our website. We will also be in touch with our clients to provide further information on how they may be affected.

If you fancy a read of the press release, you can see that here.

 

UPDATE – The White Paper has now been released and can be read here.

 

Please note the date this article was published as the law may have changed since it was posted. You should always seek independent legal advice if you are intending to rely on any of the contents.

Exit mobile version