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KEY IMPACTS ON LANDLORDS
HOW LANDLORDS CAN ADAPT
Tenants Can Leave with Two Months’ Notice Tenants will have the right to leave at any time, provided they give two months' notice. This offers flexibility to tenants, but it means landlords could experience unexpected vacancies. Tenancy Uncertainty Without fixed-term agreements, landlords will not have the same control over when a tenancy ends. With potentially shorter tenancies, the number of tenancies in a year may increase. No Renewals - No Automatic Rent Increases Previously, landlords could increase rent at renewal when a new fixed term began. However, with no tenancy renewals, rents can only be increased once a year using a Section 13 notice. Greater Focus on Long-Term Tenants Since landlords won’t be able to end a tenancy just because a fixed term expires, maintaining good tenant relationships will be key. A positive landlord-tenant dynamic can encourage tenants to stay longer and take good care of the property. Changes in Tenant Selection Landlords will more likely become more selective when choosing tenants to reduce future eviction risks. Thorough tenant screening can reduce void periods and increase tenancy length.
L andlords may need a proactive re-letting strategy to ensure minimal void periods. Revise referencing criteria to minimise the risk of issues later.
Encourage tenants to stay through good
communication and responsive property management.
Engage with a specialist letting agent who can help navigate the changing legal landscape.
Rent Guarantee is a no brainer - especially now that arrears are almost certainly going to increase. Having regular rent ensures that mortgage payments can still be paid.
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