By Guy Evans, property litigation lawyer at Thomson Snell & Passmore
The government has published its Fairer Private Rented Sector white paper, setting out proposals for the biggest changes to the private rented sector in the last twenty years. But what does it mean for landlords, and what can they do now to get prepared?
The headline proposal is to end to section 21 ‘no fault’ evictions, which have been a feature of most residential lettings since 1997. At the same time, the government proposes to end fixed-term tenancies and make all tenancies periodic. That change will offer renters much greater security and flexibility, but gives landlords much less certainty. There will be an implementation period, lasting 18 months for existing tenancies, during which existing fixed terms will still apply and section 21 notices can be used.
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