The Renters Reform Bill that is intended to abolish non-fault notices known as section 21 notices that terminate assured short-hold tenancy of residential properties has made its way into the list of Bills in the recent Queen’s Speech.
If enacted the Bill will prevent the landlord terminating a tenancy at the end of the tenancy. The landlord will only be able to terminate the tenancy if the tenant is in breach of the terms of the tenancy, for example rent arrears.
Whilst we are some way from knowing the detail of the Bill, it certainly gives food for thought. The Bill certainly need to be seriously considered, so as not to worry many Landlords into exiting the market at a time when the rental market is very busy and the only way that many people can afford a home.
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BY NICK ARMITAGE
May 19, 2022
Nick is a Solicitor and Partner and Heads our Commercial Dispute Resolution team.