Renters' Rights Bill: When will the Bill become Law?

The Renters' Rights Bill, a new set of rules aimed at improving the rental market for both tenants and landlords, is making its way through the UK Parliament. If you are a landlord in the Salisbury, Wilton or Warminster area, it’s important that you know when these changes might come into effect so that you can be prepared.

What’s Happening Now?

The Renters' Rights Bill has already had its first reading in the House of Lords. This first reading is just a formality, where the Bill is introduced without any discussion. The next big step is the second reading, set for 4 February. This is when members of the House of Lords will debate the Bill in detail and suggest any changes.

The Government’s Plans

The government wants to make this new law official as quickly as possible. They see it as a way to give renters more protections while making the rules clear and fair for landlords.

When Will It Become Law?

David Smith, a property lawyer who specializes in housing law, has shared his thoughts on the timeline. He believes the Bill will likely become law in the spring. After the debate in February, it could pass through the remaining steps by the end of March, with very few changes expected.

“The second reading in the Lords, which is when real debate starts, is scheduled for 4 February. I’ve said before that this could all be wrapped up by the end of March, and that still seems likely,” Smith explained.

Royal Assent before Easter therefore appears likely. Matthew Pennycook initially suggested that the commencement date would be set by summer 2025 and there is a possibility that this date may occur before Parliament adjourns for the summer recess on 30 July 2025. From commencement date, all tenancies, both new and existing will be subject to the new regulations.

What Does This Mean for Landlords?

Although the exact date isn’t set yet, landlords should prepare now. Once the Bill becomes law, the new rules will probably come into effect soon after. Here’s what you can do:

1. Check Your Agreements: Look at your tenancy agreements to make sure they meet the new rules. This could include changes to how evictions work or safety standards.
2. Stay Informed: Keep up with updates about the Bill. Knowing what’s coming will help you avoid surprises.
3. Get Ready to Adapt: Connect with other landlords in the Salisbury, Wilton, and Warminster area to share tips and advice on how to adjust to the new rules.

Take Action Now

The Renters' Rights Bill is moving forward, so it’s important to act now to avoid problems later. Here’s how you can prepare:

• Sign up for updates from the government or landlord associations to stay in the loop.
• Talk to a legal expert to make sure your rental practices follow the new rules.
• Join local landlord groups to exchange ideas and resources.

With the next debate happening on 4 February, now is the time to learn what’s in the Renters' Rights Bill and get ready for the changes ahead.