Are you prepared for proposed changes under the Renters’ Reform Bill?

The government has pledged to deliver the biggest change to renters law in a generation by the end of this session of Parliament.

A “new deal” will be put in place for the 4.4 million households privately renting across England by extending the Decent Homes Standard to the private rented sector for the first time.

New measures will also protect tenants, delivering on a manifesto commitment. Section 21 evictions, which allow an easier route for landlords to terminate tenancies, will be outlawed, so renters can remain in their homes and communities.

Together these reforms will help to ease the cost of living pressures renters are facing, according to the government, while also claiming to strengthen landlords’ grounds for repossession making it easier for them to evict tenants who are wilfully not paying rent, or who are repeatedly engaging in anti-social behaviour, bringing down neighbourhoods. But do the experts agree?

Greg Tsuman, David Smith, and Paul Shamplina are set to delve deeper into the proposed changes under the Renters’ Reform Bill in a three-part webinar series hosted by Goodlord.

Tsuman, lettings director at Martyn Gerrard and president-elect for ARLA Propertymark, kicks off the series on Thursday 25 August at 10am. He will discuss how “a single system of periodic tenancies” could impact the private rented sector with series’ host Oli Sherlock, Director of Insurance at Goodlord.

In September, Smith, partner at JMW Solicitors, will discuss the planned abolition of section 21 and proposed new grounds under section 8 in the second webinar of the series.

And Shamplina, chief commercial officer at Hamilton Fraser and founder of Landlord Action, will round off the series in late September, with a focus on how the new legislation will be enforced, including proposals to introduce an Ombudsman covering all private landlords, and the introduction of a property portal to improve compliance.

Tsuman said: “The proposal to replace fixed-term tenancy agreements with one system of periodic tenancies did not receive the same coverage as the abolition of Section 21 notices when the White Paper was released. Nevertheless, this is a massive change to the status quo and will require most agents to review their processes in order to adapt to the looming changes. I’m looking forward to really digging into the impact of this proposal for letting agents and landlords, and hope I’ll be able to provide them with some valuable insights.”

Oli Sherlock, director of insurance at Goodlord, added: “The government looks like it’s set on pressing ahead with its Renters’ Reform Bill sooner rather than later, if the short timeline for its call for evidence on the proposals is any indication. Given the sheer number of proposals there are for letting agents and landlords to get their heads around, we wanted to spend time alongside industry leaders looking at each one in greater depth and delve into what they’ll really mean for the industry.”

Letting agents and landlords can sign up for the entire series by clicking here.

 

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2 Comments

  1. StayGreen

    Maybe they can comment on the “clerical error” in their system meaning hundreds, maybe thousands of tenancy agreements state no rent is due after the first month

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  2. Woodentop

    Will we see rent capping? Will we see a duty of care by managing agents to ensure affordability standards as in financial services?

     

    Winter of discontent is on the horizon. Affordability will be a major issue, unscrupulous rent hikes by landlords are already starting to bite. We are seeing more and more tenants today asking for rent reductions (and we haven’t increased them from 2020) or looking to move to cheaper rents. Oh yeah ….. there are no cheaper rents today than they are already in.

     

    Those landlords and agents who joined the short sighted wild west irresponsible rent hikes are going to get burnt …. BIG TIME.

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