Legal and Statutory Update Flashcards
What is the renters rights bill?
Outlines the Government’s plans to fundamentally reform the private rented sector (PRS) to create a fairer rental market and level up housing quality.
Describe some key changes that the renters rights bill will bring.
All tenancies will become monthly periodic agreements, ending the use of fixed-term contracts
Tenants can terminate their tenancy with 2 months’ notice
Landlords are restricted from serving notice during the first 12 months unless the tenant is at fault
Landlords will no longer be able to evict tenants without a valid reason, enhancing tenant security
Rent increases are limited to once per year and must align with market rates. 2 months’ notice of any increase
Right to Request Pets: landlords can only refuse with valid reasons
