The Renters (Reform) Bill, which was outlined in the King’s Speech in November, includes the abolition of ‘no-fault’ evictions. It will also make it easier for landlords to recover properties if they wish to sell, move in a family member or evict tenants who “willfully” fail to pay their rent.
Furthermore, the bill will:
- make it illegal for landlords to refuse to rent to recipients of government benefits
- give landlords greater powers to evict anti-social tenants and reduce notice periods to remove occupiers who breach tenancy agreements or cause damage
- introduce a database of residential landlords and privately rented properties in England
- ensure the Decent Homes Standard is applied to the private rented sector for the first time
- give landlords the right to refuse pets at a property if the tenant doesn’t have insurance to cover the cost of damage to the premises
- digitise the process of legal disputes and appoint a new ombudsman.
At Shipleys, our property specialists are helping landlords understand and prepare for the latest regulations. We also support them with tax planning, VAT claims, valuations, forecasting, debt and business restructuring, as well as routine compliance.
If we can help in any way, please speak with your Shipleys contact or one of our specialists shown on this page.
Specific advice should be obtained before taking action, or refraining from taking action, in relation to this summary. If you would like advice or further information, please speak to your usual Shipleys contact.
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