🏡 Get Ready for the Renters Rights Bill with M&M

Do you know what the Renters Rights Bill is? 🤔 Are you ready? 🚀 This bill will radically change the PRS as we know it! ⚖️ Here, we look at the main points affecting landlords, tenants, and letting agents. 👨‍💼👩‍💼🏠

The Renters Rights Bill contains some major reforms that will impact landlords, tenants, and agents in the PRS. 🔑 Whilst the bill can still be amended, it's worth getting prepared now as we expect this to become law as early as March 2025! 📅✅

Key Measures in the Bill 🚨

Here are some of the most important measures in the bill:

- ❌ Removal of ‘no fault’ Section 21 notices for all tenancies

- 📋 A new mandatory Ombudsman for all landlords

- 🏢 A mandatory private rental sector database of landlords

- 🚫 Strict controls on rent bidding and offers during marketing a property for a tenant

- 🔄 Removal of fixed-term tenancies, creating rolling tenancies from the outset

- 🚸 A ban on discriminating against tenants

- 🐾 Tenants given strengthened rights for having a pet in a rented property

- 📈 Strict controls on rent reviews and a ban on in-tenancy rent review clauses

- ⏳ Stricter possession grounds for landlords, with longer notice periods & protected tenancy’s.

- 🏠 The Decent Homes Standard to be applied to the private rental sector

- ⚠️ The application of ‘Awaab’s Law’ to the private rental sector

- 🛠️ Strengthening of local authority enforcement powers and expanding civil penalties

- 💰 An expansion of Rent Repayment Orders

-❌ The banning of tenants paying rent in advance

If you would like more information, the full bill can be found here. 🔗

❓ Have Questions?

If you have any queries please do not hesitate to reach out, we are here and ready to help. 📞✉️

Gemma 🌟

📞 01474 321957

📧 Gemmascott@mandmprop.co.uk

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