The Renters’ Rights Bill is scheduled to return to the House of Lords on 22 October for final approval before it is set to become law.
It has now concluded the ‘ping pong’ phase – a process in which the Lords and Commons exchange the bill back and forth to resolve any remaining disagreements on amendments.
While peers did put forward further changes, it has now been confirmed that no major amendments will be adopted at this stage, especially after the government previously rejected all proposed revisions from the Lords.
Royal Assent – the formal step required for the bill to become law – is likely to be granted within the next few weeks.
Allison Thompson, National Lettings Managing Director at LRG, commented: “With the Renters’ Rights Bill now heading for Royal Assent, the framework for reforming the private rented sector is finally clear. The abolition of Section 21, the move to periodic tenancies and new grounds for possession will all reshape how landlords let and manage their properties. What we don’t yet know is when these measures will take effect, and clarity on the implementation timetable is now essential so landlords can prepare with confidence.
“While it’s encouraging to finally see progress, it’s disappointing that many of the practical, evidence-based suggestions put forward by those working in the sector, and by members of the House of Lords, were not fully considered. Constructive engagement with industry experts would have strengthened the Bill and ensured smoother implementation.
“At LRG, we’ve been analysing every stage of the Bill to ensure our landlords understand exactly what’s changing and how it will affect them. We’re already training teams across the country, and producing practical guidance on what landlords should do now to stay compliant once commencement dates are confirmed.
“The Bill’s aim is to create a fairer, more transparent rental system. That will only be achieved if the government provides realistic timescales and clear communication, and we’ll continue to work with landlords, tenants and policymakers to make sure these reforms are implemented in a way that works in practice.”
Full article: https://propertyindustryeye.com/date-confirmed-for-final-stage-of-renters-rights-bill/