So why has the Renters Reform Bill got delayed again? The bill for protecting renters from unfair rent increases and no-fault evictions appears to have missed the deadline. The bill was set to be introduced into Parliament this week, but no dates have been announced as yet. The bill could take up to a year or even more to go through the Parliament procedures and become law. It is reported that the hold-up is due to procedural issues. The bill is being nervously awaited by some and with high expectations by others. For renters: it is expected to make it easier for renters to have pets. It will also prevent landlords from imposing blanket bans on certain tenants.
So, what is the likely timescale for the Renters Reform Act to become law?
A new date for its publication is yet to be set. The bill could take 12 to 18 months to go through Parliament and become law.
And, what are the key objectives of the Renters Reform Act 2022?
The Renters' Reform Bill is expected to set minimum standards that all rental homes must comply with. It will make it easier for renters to have pets. And, it will be illegal for Landlords to ban families with children or people receiving benefits.
These measures are considered the biggest shake-up to the private rented sector for 30 years. They are coming at a time when renters in the UK are facing a shortage of homes in the private rented sector. This shortage is pushing rents higher when the cost-of-living squeeze is already placing a heavy financial burden on them.
The exact contents of the Renters Reform Act are still not known, but the key aim of the bill is to improve the rights of renters and ensure their homes are fit to live in. Some of the expected rules are:
1 Removal of the arbitrary rent review clauses.
2 Doubling of the notice time to be given to the renters for rent increase.
3 Powers to challenge unjustified and untimely rent increases.
4 The Bill is also expected to extend the Decent Homes Standard to cover the private rented sector for the first time. This will ensure that all private rented properties are fit for occupation.
5 The Bill aims to ban Section 21 no-fault evictions. This means all tenancies will only end if a renter wants them to or the landlord has valid reasons as defined in the law.
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