Dear Valued Clients,
We’re writing to bring you up to speed on the Renters’
Rights Act (formerly the Renters’ Rights Bill), which has now been granted
Royal Assent, and what this means for you as a landlord following a transition
period expected within the next six months.
While the Bill is now law implementation dates and detailed
regulations are yet to be confirmed, and the Government is under pressure to
provide clear timelines.
⚖️ Key Legal Changes
The Act includes reforms that will directly affect you as
a private landlord:
- Abolition of Section 21
“no-fault” evictions
– you will need to rely on prescribed grounds under Section 8 to regain
possession.
- Stricter notice periods and new procedures for
possession.
- Twelve-month restriction
on re-letting
where you have served notice to sell.
- Mandatory rent review
process
via Section 13 only — removing the ability to rely on contractual rent
reviews or index-linked clauses.
- Restrictions on deposits
and advance rent payments, aimed at improving affordability but potentially
limiting flexibility for both landlords and tenants.
🧭 What Happens Next
Housing Minister Matthew Pennycook has not yet announced the
implementation schedule, we expect at least six months’ notice before the new
system takes effect to allow landlords, agents, and tenants to adjust, perhaps
a phased introduction, starting with new tenancies & followed by existing
tenancies at a later stage.
Further statutory guidance and secondary legislation will set out the precise
procedure for new possession grounds, rent review disputes, and transitional
arrangements and we will continue to keep you updated.
🏠 What This Means for you
as Landlords
While headlines may sound daunting, it’s important to
remember:
- The Bill targets rogue
practices, not you as responsible and professional landlords.
- Good management and
compliance remain the foundation of successful letting. With professional
management and compliance support, you as responsible landlords can
continue to let safely and profitably.
- Rental demand remains
high, supporting strong yields despite regulation.
Our management team will continue to:
- Monitor legal
developments and provide timely updates as regulations are released.
- Assist you with tenancy
transitions,
ensuring compliance with the new notice and rent review rules.
- Advise on possession
strategies
under the new Section 8 framework.
- Support documentation
updates
to tenancy agreements and management practices.
- Maximise rental
performance
despite regulatory change
We believe these changes reinforce the value of professional
letting and management. With our proactive compliance systems, legal
partnerships, and experienced team, we’ll help landlords adapt confidently and
continue achieving strong returns while remaining fully compliant.
As the leading agent in the area, we will of course provide
further briefings once implementation dates are confirmed, Regards, Chan
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