Update On The Renters (Reform) Bill

The Renters (Reform) Bill was worthy of a mention by our King – but, by "no fault" of its own – can it live up to the prediction that it will be a 'once-in-a-generation overhaul of housing laws'?

This long awaited piece of legislation was included in King Charles' first ever King's Speech on 7 November 2023. In his speech, the King said; "Renters will benefit from stronger security of tenure and better value, while landlords will benefit from reforms to provide certainty that they can regain their properties when needed".

The Bill certainly promises a fairer and more efficient rental system that works well for both tenants and landlords.

The main reforms under the Bill are that it will make it easier for landlords to recover possession of rental properties if they wish to sell, if they or a relative wish to live in the property themselves, or where a tenant is "wilfully" failing to pay the rent.