How Will the General Election Affect Proposed Housing Law Reforms?
Parliament will dissolve on Thursday, 30th May, giving us one week to track the progress of key housing law reforms. These include the Renters (Reform) Bill and the Leasehold and Freehold Bill.
Renters (Reform) Bill
The Renters (Reform) Bill aims to enhance security for renters by abolishing Section 21 evictions. This change would eliminate the no-fault eviction process, offering tenants greater protection. Additionally, the bill might grant tenants the right to request a pet in their rental property. Landlords could require pet insurance to cover potential damages.
More information on what else is part of the Renters (Reform) Bill can be found here: GOV.UK’s guidance to the Renters (Reform) Bill.
Leasehold and Freehold Bill
The Leasehold and Freehold Bill seeks to improve home ownership for millions of leaseholders in England and Wales. Key benefits of the bill include:
- Streamlining the process for buying or selling leasehold properties
- Banning the sale of new leasehold houses
- Extending the standard lease term to 990 years for both houses and flats, up from the current 90 years for flats and 50 years for houses
For more information on the benefits of the Leasehold and Freehold Bill, read GOV.UK’s guidance to the Leasehold and Freehold Reform Bill.
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