π’ Government confirms wording of new tenancy agreements
β οΈ Landlords could face local authority penalties of up to Β£4,000 if they keep using outdated agreements after new rules come into force in May. Here we look at what Landlords need to know.
The Government has published draft secondary legislation π confirming the text and the mandatory information that must be included in new assured periodic tenancy agreements from 1st May onwards π
.
Under the new rules, landlords are required to provide comprehensive mandatory information. That includes details on:
π· Rent increases
π Eviction processes and notice periods
π§ Landlordsβ repair and safety obligations
πΎ Tenant rights around pets and disability adaptations
π§Ύ Bills coverage
The full details can be found here π
This information will typically be incorporated into the tenancy agreement template itself, although it can be provided as a separate written statement βοΈ.
Using an older tenancy template from 1st May not only means you are giving the wrong information β, but you could also face fines from your local authority πΈ.
π Existing tenancies will follow a different process.
If your tenancy is already in writing, then you donβt need to provide a new written tenancy agreement or a separate written statement. Instead, landlords must serve a separate Government information sheet π to existing tenants outlining the changes. The NRLA says this sheet will be published in March and must be served on existing tenants no later than 31 May β³.
If you manage your own tenancies and are worried about what will happen on May 1st, please reach out to us π€. We are here and ready to help.
Our managed Landlords can relax knowing we are doing all we can to keep them informed and compliant β
Got a question straight away? Contact our team.
π M&M Estate Agents, Gravesend, DA12 1AH
π 01474 321957
π§ lettings@mandmprop.co.uk
