Could the Renters' Rights Bill become law by March this year? ๐Ÿ›๏ธ๐Ÿ“œ

Could the Renters' Rights Bill become law by March this year? ๐Ÿ›๏ธ๐Ÿ“œ

The Renters' Rights Bill has passed through the House of Commons and is now in the House of Lords, with its second reading scheduled for the 4th February 2025. So, when will it become law? ๐Ÿค”

The Rentersโ€™ Rights Bill is progressing through Parliament at pace! ๐Ÿš€

After receiving its third reading in the House of Commons, it quickly passed the first stage in the Lords and is to be debated again in just two weeksโ€™ time โ€“ 4th February 2025.

The Negotiator comments that leading property lawyer David Smith, a Partner at JMW Solicitors, says:
โ€œDemonstrating again that they are determined to move this on fast, the Rentersโ€™ Rights Bill got its first reading in the House of Lords yesterday, just a day after finishing in the House of Commons.

โ€œSecond reading in the Lords, which marks the start of actual debate in the Lords, is set for 4th February. I have previously said that this could be done by the end of March, and that timeline seems to be right on current performance!โ€

We will keep you updated after the 4th February as to further amendments to the Bill. ๐Ÿ—“๏ธ

โ“ Have Questions?
If you have any queries, please do not hesitate to reach out. We are here and ready to help! ๐Ÿ˜Š

๐Ÿ“ž 01474 321957
๐Ÿ“ง lettings@mandmprop.co.uk


Get in touch with us

As we step into 2025, the market presents opportunities and challenges for buyers and sellers. Whether youโ€™re looking to purchase your first home, upgrade, downsize, or sell for other reasons, 2025 is set to bring its own dynamics that youโ€™ll need to navigate effectively. To ensure youโ€™re prepared, here are the key considerations for the new year.

Restricting rent in advance was tabled days before the third reading of the Renters' Rights Bill. What was proposed, and what will its impact be? ๐Ÿค”

The New Year is here, and with it comes the perfect opportunity to reflect on life. For many homeowners, this means asking: Is it time to move? Whether you're downsizing, upgrading, or starting fresh, selling your home can be excitingโ€”but it requires preparation. Follow this guide to make the process smooth and successful!

The UK property market has faced significant changes in recent years, driven by economic factors, shifting tenant demands, and evolving legislation. For buy-to-let landlords and property investors, staying ahead of the curve is essential to maximise returns and avoid costly mistakes.