Renters' Rights Act
The Renters' Rights Bill was granted Royal Assent on Monday, 27 October, and is now an act.
Although the law has been passed, the government has yet to announce the roadmap for implementing the rules, stating that clarifications will be added in the "coming weeks".
BREAKING NEWS: We've won!
This statement from the Renters Reform Coalition indicates that the Act is seen as a win for tenants rather than landlords or agents.
However, landlords and agents argue that the new Act will lead to higher rents due to increased risk, raising concerns about tenant affordability amidst rising rents in recent years.
Author's summary: Renters' Rights Act becomes law, sparking debate.
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