Read all about it! Your landlord and tenancy legislation round-up from Watsons Property

Read all about it! Your landlord and tenancy legislation round-up from Watsons Property

Each month we bring you the latest news on key landlord and tenancy policy and legislation with a quick round-up all in one place.

 

Dozens of amendments to the Building Safety Bill to be debated by MPs

Housing Today (5 min read)

The Building Safety Bill is a significant piece of new legislation that’s been making its way through parliament, this month. Fire safety for high-rise buildings is a key focus and the bill will face further scrutiny in Parliament at the end of October.

Full story > https://bit.ly/3nSLVad

 

Deposits set for change as landlords back government’s ‘lifetime’ proposals

The Negotiator (2 min read)

All major groups across the private rented sector seem to be in agreement on the introduction of a portable tenancy deposit scheme. This would mean tenants would no longer need to pay a deposit on a new property whilst waiting for their previous deposit to be returned to them.

Full story > https://bit.ly/3EFKLVq

 

Propertymark CEO calls for ‘mandatory regulation of property agents’

Property Industry Eye (1 min read)

Propertymark, the leading membership body for property agents has been vocal on the need for lettings and estate agents to be properly regulated. This is also off the back of a report produced for the Ministry of Housing, Communities and Local Government published back in July 2019.

Full story > https://bit.ly/3hVQhJM

 

What does the EPC C energy efficiency target mean for landlords?

This is Money (9 min read)

The Climate Change Act commits the UK to ‘net-zero by 2050’. One area for reform is greener homes with a target to enforce a mandatory EPC ‘C’ rating on all new tenancies by 2025. Of course, this has caused some consternation from landlords unsure about the costs, timescales, and penalties for falling short of the new standard.

Full story > https://bit.ly/3CuG9j6

 

Political and industry figures back campaign to help landlords accept pets

The Negotiator (2 min read)

There are approximately 25 million pet cats and dogs living in UK households. New data published in September by charity AdvoCATS calls for changes to the Tenant Fees Act (2019) because “the Act effectively prohibits landlords from asking for pet damage insurance and it fails to include a separate pet deposit as part of its list of permitted payments”.

Full story > https://bit.ly/3hVhGLX

 

Government extends remote right to rent checks until 5 April 2022

NewsAgent (1 min read)

Due to COVID-19, the policy around right-to-rent checks was adapted to allow prospective tenants to submit scanned documents by app or email and to arrange video calls to show copies of original documents. These changes have been extended through to April 2022, and the government has said it plans to implement a new, digital solution to better facilitate remote checks on a permanent basis.

Full story > https://bit.ly/3nTSF7N

 

Government confirms that notice periods will return to normal from 1st October 2021

Newsagent (1 min read)

Notice periods will return to pre-pandemic levels on 1st October, the government has announced. Propertymark has said that the government “intends to retain the power to implement any similar measures again in the future should the public health situation worsen. To this end, legislation has been tabled that retains the ability for the UK Government to reapply longer notice periods until 25 March 2022 as a backstop.”

Full story > https://bit.ly/3EFLExq

 

Tenancy deposit cap saves average renter more than £100

Landlord News (3 min read)

Here’s another article relating to the Tenancy Fees Act 2019. The act made most tenancy fees in England illegal and placed new restrictions on other charges that might previously have been applied by landlords and letting agents.

Full story > https://bit.ly/3CAkBBD

 

Renters and landlords face cliff edge as furlough ends

Landlord News (3 min read)

In its second-quarter bulletin, The Bank of England issued a warning that renters were more at risk of losing jobs or being furloughed. Of course, this has meant many tenants and landlords have had a rough time of it, to say the least.

Full story > https://bit.ly/2XFirSg

 

With over 130 years in the industry, Watsons is firmly established as a leading independent Norfolk letting agent. Whether it’s a classic let, buy-to-let, or increasingly let-to-buy, we offer a range of services designed to make letting a property simple and hassle-free. Visit our lettings page to get in touch with a lettings specialist.

Watsons Property

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