NOTICE PERIOD CHANGE FROM 1ST JUNE TO TENANTS
If there is one thing that has kept letting agents busy over the last 3 to 4 years, it is the continuous changes within legislations.
COVID-19 has also had a massive part since March 2020, with how much notice a landlord can give a tenant to gain their property back. In normal times, (pre-COVID) a Section 21 (Form 6a) notice would be given to the tenant giving 2 months notice to vacate. However, the Government extended this notice to 6 months, which in some circumstances across the country caused absolute mayhem. This being particularly difficult for landlords whose tenants were already in serious rent arrears. If there was ever a time for a landlord to have a rent guarantee in place then this was and still is the time.
From the 1st June, the notice period is being reduced to 4 months and then to 2 months notice from the 1st August 2021.
Notice periods for the most serious cases that present the most strain on landlords will remain lower:
- Anti-social behaviour (immediate to 4 weeks’ notice)
- Domestic abuse in the social sector (2 to 4 weeks’ notice)
- False statement (2 to 4 weeks’ notice)
- 4 Months’ or more accumulated rent arrears (4 weeks’ notice)
- Breach of immigration rules ‘Right to Rent’ (2 weeks’ notice)
- Death of a tenant (2 months’ notice)
Bailiffs are also able to carry out evictions from June too.
If you would like help in managing your rental property then please contact me on sharon@moveon.biz
Remember a good agent is worth every penny when you know you can sleep peacefully at night.
Investment Properties