The long-awaited Renters Reform Bill, which contains the government’s proposed changes to the Private Rented Sector, had its first reading in parliament last week. Despite some of the headlines you may have read, none of these proposals are currently law and as such have no immediate impact on new or existing tenancies. Here is a short summary
It’s been a tough week to keep up with exactly what’s happening to Section 21. Although this video was recorded shortly before the PMQs during which the Prime Minister appeared to confirm that Section 21 would be abolished, it’s pretty much hit the nail on the head (if I do say so myself!). It’s
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The start of October has brought no fewer than three changes to regulations affecting landlords. Here’s Toby with everything you need to know. Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of letting or managing your property; we would love to hear from
Some Bath landlords could face bills of between £11,000 to £14,000 as Michael Gove, the Housing Minister, declared an attack on poor quality private rental homes. 2,114 Bath rental properties could require upgrading. The Government announced in their ‘Levelling Up’ White Paper last week, they plan to introduce a new minimum standard for private rental properties.
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Everything you need to know about the Bath rental market in January 2022. This month: just how bad is the Bath property shortage? Tenant demand has far exceeded property supply for the last 12 months, but just what is the extent of this property shortage? As Reside’s Toby Martin discusses in the above video, the number of
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The latest in lettings, from Bath and beyond. This month: pets, notice periods and the Renters’ Reform Bill Over the course of this year, we have firmly established that demand from tenants is comfortably exceeding property supply, with many tenants struggling to secure their property of choice. Reside’s vital statistics over the last month bear
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Extended Section 21 Notice Periods The Ministry of Housing, Communities and Local Government (MHCLG) has confirmed that it is to extend the evictions ban in England until the 20th of September 2020, and will also introduce six-month long notice periods that will run until the 31st of March 2021. The ban, which was announced in
The Government’s election manifesto confirmed its plans to abolish Section 21 of the Housing Act and improve the grounds for eviction set out in Section 8 of the Act. The timescale of these changes is currently unknown but, once implemented, landlords will need to know how to bring a tenancy to an end legitimately.
Subject to approval by both Houses of Parliament, landlords and letting agents will need to ensure electrical installation inspections and testing are carried out for all new tenancies in England from 1st July 2020, or from 1st April 2021 for existing tenancies. The Government has laid The Electrical Safety Standards in the Private Rented Sector
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