The Renters’ Reform Bill, introduced in the House of Commons on September 11, 2024, is set to bring significant changes to the private rented sector in England. For landlords, this bill will introduce a host of new responsibilities and requirements that will impact how properties are managed and rented. Here’s what you need to know.
Key Changes for Landlords
Abolition of ‘No-Fault’ Evictions
The most notable change is the removal of Section 21 evictions, often referred to as “no-fault” evictions. Landlords will no longer be able to end a tenancy without giving a specific reason. Instead, they’ll need to rely on Section 8 eviction grounds, such as rent arrears or needing to sell or move into the property. This shift means landlords must be prepared to provide solid reasons for evicting tenants.
Periodic Tenancies
The bill also mandates that all new tenancies will be periodic from the outset. This means tenancies will have no set end date, and tenants can leave with two months’ notice at any time. While this offers tenants more flexibility, landlords will need to be prepared for more frequent tenant turnover.
Rent Increase Restrictions
Rent increases will be restricted to once per year, and must reflect the market rate. Tenants will have the right to challenge excessive increases through the First-tier Tribunal. Landlords must ensure that any rent hikes are justified by the market, and follow the proper notice procedures.
Property Database and Registration
Landlords will need to register on a new digital property portal, which will centralise key property information and compliance records. This database will be accessible to tenants, local authorities, and landlords, ensuring greater transparency in the rental market.
Pet Requests
Tenants will now have the right to request to keep pets in rental properties, and landlords will be required to consider these requests reasonably. Landlords can still impose conditions, such as requiring pet insurance, but a blanket ban on pets will no longer be allowed.
Prepare for the Changes
The Renters’ Reform Bill represents a major shift in how the rental sector operates, and landlords will need to stay informed and prepared as the bill progresses through Parliament. For a deeper dive into the bill’s full implications, including enforcement mechanisms, tenant rights, and additional details on property conditions, check out our full opinion piece.
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