News
RENTERS' REFORM BILL WILL BE OUT NEXT WEEK
The UK Government published the Fairer Private Rented Sector White Paper in 2022, with claims it will redress the balance between landlords and 4.4 million tenants in the private rented sector (PRS).
The Levelling Up, Housing and Communities Committee reviewed the White Paper and published it's findings in February 2023, which included recommendations to the UK Government in preparing for the Bill.
EXPECTED REFORMS |
The Bill is expected to include a wide range of reforms and will outlinewhich measures are to beintroduced into law at short notice and those that may require primary legislation, which can take up to a year to get through Parliament. |
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THE FUTURE |
Propertymark has an ongoing dialogue with the Department for Levelling Up, Housing and Communities and will share further details with members on what the reforms will actually mean to them, their landlords, and their tenants, and the timelines to changes practices.
We also will scrutinise the proposals, pushing for amendments where necessary and championing the role of letting agents to ensure the reforms are workable and fit for purpose.