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Business News

New deal for private renters

The government has announced their intention to fundamentally reform the private rented sector marking the biggest shake up of the private rented sector in 30 years. These measures are set to include a ban on section 21 ‘no-fault’ evictions and placing a legislative duty for landlords in the private sector to meet the Decent Homes Standard to the private sector by 2030. 

Other measures announced to help tenants include: 

There will also be changes designed to benefit landlords including the introduction of a new Private Renters’ Ombudsman to enable disputes between private renters and landlords to be settled quickly, at low cost, and without going to court. There will also be measures to help tackle anti-social tenants a new property portal to help landlords to understand and comply with their responsibilities.

It is hoped that these reforms will help to ease the cost-of-living pressures renters are facing, saving families from unnecessarily moving from one privately rented home to another and thereby saving hundreds of pounds in moving costs.

Bron: HM Government | 20-06-2022