What is the Renters Reform Bill?
– Matthews Benjamin Estate Agents looks at the Renters Reform Bill and what this means for landlords.
– Matthews Benjamin Estate Agents looks at the Renters Reform Bill and what this means for landlords.
The Renters Reform Bill is possibly one of the most significant overhauls of private renting, promising to improve the current system and give renters more security and stability. Private renting has nearly doubled in the last 20 years. As more people rent long-term, the call for more secure tenancies has grown.
At Matthews Benjamin Estate Agents, we understand that many will have concerns with areas of the proposed legislation. This blog breaks down the Renters Reform Bill and what it means for you. For more information, don’t hesitate to contact our team.
When the Bill is passed, the changes will include:
 The main thing to take away from this is to understand how your rights as a landlord may change.
The Renters Reform Bill will bring significant changes for landlords. With enhanced tenant rights and regulatory standards, the Bill aims to balance the rights and obligations of both tenants and landlords.
One of the most significant changes is the abolition of Section 21. Currently, landlords can end a tenancy without giving a specific reason, provided they follow the correct legal process. As a landlord, you can reclaim your property under the new Bill. However, you must have justifiable reasons for evicting your tenant.
Awaab’s Law is named after a young boy died from health problems in a social-rented home due to prolonged mould exposure. It is currently applied to the social rented sector and requires landlords to take action when hazards are recognised.
With more rigorous enforcement of health and safety standards in rental properties, landlords may face penalties if they fail to meet them. Landlords will need to ensure their properties are compliant, with regular inspections and maintenance becoming more crucial.
At the time of writing, the earliest time that the Renters Rights Bill will receive Royal Assent and become a law before Parliament’s summer recess in late July. However, if it does not pass before the recess, it will likely be after Parliament resumes in September.
The Bill is then expected to come into effect between October 2025 and January 2026.
If you require further advice regarding the Renters Reform Bill, don’t hesitate to contact our team at Matthews Benjamin. We are on hand to discuss any queries you may have.