As the bill awaits final approval, its primary objective is to provide tenants with increased security in their homes while also granting them more freedom regarding their tenancy. As independent landlords, we recognise the necessity of these changes and anticipate that they will create a fairer and clearer framework for residential renting.

While the bill is still subject to amendments, we see the primary concerns that many current and prospective tenants may have, along with how the bill addresses them:

1. Security of Tenure:
   Abolition of “No Fault” Evictions: The bill proposes to eliminate the “no-fault” eviction process under section 21, meaning landlords will need to provide valid reasons supported by evidence to evict tenants. This change is expected to enhance tenant security significantly.
2. Nature of Tenancy Agreements:
   Transition to Periodic Tenancies: Upon the bill’s enactment, existing assured shorthold tenancies (ASTs) will automatically convert to periodic tenancies. While this change is intended to simplify the rental process, it raises questions about how tenants, especially those preferring fixed-term agreements (like students or temporary workers), will be affected. We anticipate the need for clear communication and potentially new agreements to ensure all parties understand their rights and responsibilities.
3. Maintenance of Properties:
   While specific provisions regarding property maintenance may not be detailed in the bill, the expectation of landlords to uphold property standards remains a priority. We commit to maintaining our properties to ensure they meet safety and habitability requirements.
4. Rent Increases:
   The bill stipulates that rent can only be increased once a year, and any increase must align with market rates in the area. Landlords will be required to provide notice of proposed rent changes, which seems a fair approach to prevent sudden and unjust rent hikes.

In Conclusion

At Weir Bank Group, we are committed to staying informed and prepared as the Renters’ Rights Bill progresses through Parliament. We recognise that while change can be daunting, it also presents an opportunity for improvement in the renting landscape. We will take proactive steps to prepare for the impending changes, ensuring that our tenants are well-informed and that our practices align with the new regulations.

While the Renters’ Rights Bill may raise valid concerns, it also promises to foster a more secure and equitable rental market. By working together, landlords and tenants can navigate these changes effectively, creating a positive living environment for all. We welcome the opportunity to engage with our tenants, address their concerns, and ensure that the transition is as smooth as possible.

Author: Peter Kidd, Director Weir Bank Group

• https://www.gov.uk/government/publications/guide-to-the-renters-rights-bill/guide-to-the-renters-rights-bill
• https://bills.parliament.uk/bills/3764
• https://www.lawsociety.org.uk/contact-or-visit-us/press-office/press-releases/bill-one-step-closer-to-protecting-renters-rights-but-key-components-missing