After years of discussion, the first phase of the Renters’ Rights Act has now come into force. This represents a major shift for landlords, tenants, and letting agents alike.
There’s understandably a lot of commentary around these changes. Here’s a clear summary of the key points:
- All tenancies are now periodic
Fixed-term assured shorthold tenancies have been abolished. All agreements now roll on a monthly basis with no fixed end date. - Section 21 (‘no fault’) evictions removed
Landlords must now rely on Section 8 grounds for possession, with valid, evidenced reasons such as selling the property, moving in, or tenant breach. - Rent increases limited
Rent can only be increased once per year using the formal statutory process, and tenants can challenge increases they feel exceed market value. - Ban on rental bidding
Properties must be advertised at a clear asking rent. Offers above this figure can no longer be invited or accepted. - Restrictions on rent in advance
Advance rent payments are now capped at one month. - Stronger tenant rights
Tenants can request pets (which cannot be unreasonably refused), and discrimination against families or benefit recipients is prohibited. - Mandatory tenant information
Tenants must be provided with the official Renters’ Rights Act Information Sheet. - Greater compliance requirements
With all evictions now grounds-based, accurate documentation and record-keeping are more important than ever. - Changes to letting processes
Marketing, tenancy agreements, and internal systems must all reflect the new legislation.
How Carvers Is Supporting You
These changes are significant, but they also present an opportunity to ensure your portfolio is structured correctly for the future. At Carvers, we are:
- Reviewing managed portfolios
- Updating tenancy documentation
- Ensuring all processes remain fully compliant
- Providing clear, practical guidance tailored to your property
If you have any questions or concerns, our team is always on hand to help.
