Should tenants worry more about the Renters’ Rights Bill than landlords? – London Wallet

As many as 50% of agents say that they are concerned about the forthcoming Renters’ Rights Bill, data commissioned by Propertymark revealed earlier this year.

Some agents added that they worry once the Renters’ Rights Bill becomes law that it will add more administrative burdens to letting agents, which includes ensuring landlords are aware of these upcoming changes, and the wider impact it will have on the private rental sector in general.

Many landlords are also worried about some of the legislative changes being proposed as part of Renters’ Rights Bill. Research suggests that private landlords fear the loss of Section 21 evictions the most.

Landlords will only be able to evict tenants using one of the allowable grounds under Section 8. These changes will provide tenants with more security and empower them to challenge unfair practices without fear of eviction.

But when looking at the finer details being proposed, are there grounds for tenants to worry more about the Renters’ Rights Bill than Landlords?

Property analyst Kate Faulkner shares her insights on UK Property News Episode 3 with host Ian Collins of Talk TV.

Faulkner provides a clear and straightforward analysis of the Renters’ Rights Bill, addressing key concerns and the potential impact on both landlords and tenants. She explores how the bill could affect landlords’ responsibilities and financial stability, while also bringing to attention the possible negative consequences for tenants in terms of housing shortages. Among this, she shares essential tips for landlords to make sure their properties are prepared for any changes and tips for ‘getting their house order’ – quite literally ahead of time in regards to finances.