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The Renters Reform Bill, latest update

With the government calling a snap election for the 4th July, the contentious Renters Reform Bill did not make it through the final stages and will therefore not become law. But is it going to reappear in some form following the general election?

What is the Renters (Reform) Bill?

The Renters (Reform) Bill (‘The Bill’) was introduced to Parliament in May 2023 directly followed from the The White Paper:  A Fairer Private Rent presented by the Department for Levelling Up, Housing & Communities.  It was tipped to be the biggest shake up of the private rental sector in 30 years.  The biggest changes promised included the abolition of section 21 notices of eviction, ban of rent review clauses and the end of fixed term tenancies.

How has the election impacted this?

The calling of the election meant that any outstanding matters had to go through before parliament closed.  The Bill didn’t make it through to Royal Assent and as such has not become law.

What next for The Bill?

Well this really does depend on the results of the election.

A conservative government may well pick up where they left off and reintroduce The Bill in much of its current form.

In Labour’s manifesto they have pledged to “abolish Section 21 notices immediately…and take steps to decisively raise standards”.

There has been cross party support for reform in the private rental sector, and we wait to see what happens come 4th July, but we do expect some form of The Bill to make its way into legislation in the future.

John German work very closely with our governing body, Propertymark, who have been involved in consultation on The Bill and are committed to being involved in any new iterations of rental reform.

 

If you are a landlord and have further questions, please contact our expert lettings team today who will be happy to help.

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Date Posted

June 28, 2024

Article Category

Author

Lucy West

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