"They aim to shift the balance of power between landlords and tenants to make renting fairer, more affordable, and to improve standards. But there are warnings that the reforms could add to the burden of renting out a property, leading to landlords exiting the sector and ultimately pushing up rents due to decreased supply. Ministers will outline how the reforms will be rolled out across the coming weeks, but here is what the government's rental reforms mean for tenants."
"Previously, landlords could evict tenants without reason, known as a no-fault eviction by just serving a Section 21 notice and giving a renter two months to leave. This created uncertainty for tenants, but the new laws will abolish Section 21 evictions and landlords will need to give a valid reason through the courts for a tenant to vacate, such as for unpaid rent or anti-social behaviour."
Millions of tenants across England will receive new protections from unfair evictions and sudden rent increases under the Renters' Rights Act. Section 21 no-fault evictions will be abolished, requiring landlords to obtain a court-validated reason such as unpaid rent or anti-social behaviour to regain possession. Fixed-term tenancies will be replaced by monthly rolling contracts, and landlords will be permitted to change rents only once per year. The reforms aim to rebalance power, improve affordability and standards, and provide tenants with greater security. Critics warn increased landlord costs and regulatory burden could prompt exits from the sector, reducing supply and pushing rents higher.
Read at www.independent.co.uk
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