What will happen to the Renters (Reform) Bill should Labour come to power
Posted 16.01.24
Property Industry Eye: Further reading
The Renters (Reform) Bill has promised the biggest shake-up of the private rented sector in decades. But with the bill still to go through a number of stages of debate in Parliament before it becomes law, there is a good chance it may not be passed before an election is called.
In an article for Property Industry Eye, National Residential Landlords Association policy manager, James Wood has gathered his thoughts on what we could expect to see with regards to the Renters (Reform) Bill under a Labour administration.
Whilst he accepts that, as both parties broadly agree on the main requirements of rental reform - the new bill would broadly remain the same.
However, he comments that, as the parties do disagree on the detail of these reforms, it is likely there will be adjustments made if Labour take the helm. In particular, changes may be made to the timing of implementing removal of Section 21, as well as changes to Section 8 possession grounds.
Looking at the 'bigger picture' the article concludes that "landlords should expect that - sometime soon - all tenancies will be periodic by default, membership of a redress scheme will be mandatory, and Section 21 will no longer be usable".
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