Renters' Rights Act: Key Developments
The Renters' Rights Bill has been granted Royal Assent, becoming an act on Monday, 27 October.
While the law has been passed, the government has yet to announce the implementation roadmap, promising clarifications in the "coming weeks".
BREAKING NEWS: We've won!
Tenant advocacy groups, such as the Renters Reform Coalition, view the Act as a victory for tenants, whereas landlords and agents express concerns that it may lead to higher rents due to increased risk.
However, with rising rents already straining tenant affordability, it remains uncertain whether tenants can absorb further rent increases.
Author's summary: Renters' Rights Act becomes law.
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