Renters Rights Act - Cope & Co.

Page 4

www.copeandco.co.uk

Overview

The new Renters’ Rights Act includes sweeping reforms that will result in a dramatic shift in the private rental landscape for both landlords and agents.

HEADLINES

& This legislation brings an end to Section 21 "no-fault" evictions resulting in reduced powers to regain possession of properties. With increased restrictions on tenant evictions, landlords may face months or even years struggling to remove problematic tenants. The end of fixed-term tenancies means landlords may face even greater uncertainty with their rental income. Without the security of a fixed-term agreement, tenants can leave with minimal notice leading to potentially prolonged void periods and an unpredictable income stream. The Act also amplifies the pressure on landlords to maintain meticulous documentation and records, as increased scrutiny and tighter regulations demand transparency at every stage of the tenancy. From tenant communications to property maintenance logs, the need for precision in record-keeping has never been higher.

The Abolition of Section 21 “No Fault” Evictions

Expansion of Grounds for Possession

The End of Fixed Term Tenancies

Section 13 Notices to be the only way to Increase Rent

Changes to Accepting Rents in Advance

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