Renters' Rights Bill becomes law - here's what it means for you
Summary
A new law in England gives renters more rights, making it easier for them to stay in or leave a property. The law also sets rules for rent increases and ends practices like bidding wars. Landlords will have specific guidelines to follow for evictions and property conditions.Key Facts
- The Renters' Rights Bill is the biggest change in renting laws in England in over 30 years.
- Rented homes will now be on a "periodic" basis, meaning leases are open-ended.
- Tenants can give two months' notice to leave, instead of being tied to lengthy contracts.
- The law will stop "bidding wars" by having a clear asking price for rent from the start.
- Landlords cannot evict tenants in the first 12 months without cause; eviction requires a four-month notice.
- Antisocial behavior, rent arrears (falling behind on rent), and property damage allow landlords to give notice.
- New standards will ensure properties meet health and safety requirements, known as the "Decent Homes Standard".
- Rent can be increased only once a year to market rate, with two months' notice, and tenants can challenge it in court.
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