Government green lights ongoing Section 21 evictions
It’s the news that landlords have been waiting for, but possibly not exactly what they were expecting…
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News was released yesterday detailing the plans for the Rental Reform Bill, the market change document set to shake the way renting works, forever.
We were expecting to see The Rental Reform White Paper published this autumn, putting plans in place for an eventual roll out of the changes, which include the scrapping section 21 evictions and beefing up of section 8.
The Department of Levelling Up, Housing and Communities, led by Michael Gove, are now planning to publish the white paper next year, allowing them time to produce a ‘balanced package of reforms’ that ‘creates a fair private rented sector that works for both tenants and landlords.’
So, as it stands, nothing is set to change just yet. The systems we are all familiar with will remain the same for the foreseeable. Many landlords were nervous about the proposed changes, so this will be welcome news, however, don’t get too comfortable with the situation – things will change, we just continue to be unsure as to when that will be.
Watch this space!