ABOLISHING SECTION 21!
The Government’s levelling up Rental Reform white paper bill has included this in detail.
Section 21, often referred to as the ‘No Fault Eviction’, has been a security blanket for landlords. If you as a landlord wanted your property back, then a Section 21 will guarantee you your property back.
By abolishing the Section 21, this will no longer be the case. The tenant will be able to give 2 months’ notice at any time and the landlord must give a reason as to why they want the property back and that reason must be one of the grounds of a new updated Section 8 notice.
If I look at the occasions we have issued a section 21 over the last 30 odd years (and there really has not been that many), 95% of the time, it was because the tenants were in rent arrears, the landlord wanted to sell his property or the landlord wanted to move back in. The new Section 8 notice will have additional grounds to cover these reasons.
There are additional caveats to these. If you decide you want to sell the property and give the tenants notice, you must prove it was on a portal for sale and if your situation changes and you decide to put the property back up to rent, then there must be a gap of 3 months between the tenants.
If you are seeking possession because the tenant is in the minimum 2 months of arrears and they decide to pay a nominal amount that takes them under the 2-month threshold the day before court, then you will not regain the property (as it is now), however, if the tenant does this 3 times in 3 years, the court will give the property back.
Feeling deflated? Exhausted with all the changes? Then let us take care of your property needs. We promise to hold your hands throughout this process, giving you less stress and more free!
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How can I make sure I’m compliant on my rental property?
Coventry City Council has become the first council to fine a landlord under the ‘Electrical Safety Standards 2020′ legislation.
In July 2021, new rules came in to force whereby all rental properties must have a 5-year electrical certificate by a qualified person. A copy of the certificate must be given to the tenants and provided to the council if requested.
The landlord in question (who has not been named) failed to have a certificate and was fined £1,600.00. Adrian Chowns, the enforcement officer for Coventry City Council, said “We believe this is the first time these powers have been used by a local authority in England”.
The government and local councils are keen to ensure rental properties are kept up to a decent standard of living for tenants, and that the appropriate safety measures are in place. Local councils now have the authority to fine landlords up to £30,000 for breach of regulations.
At Move On, we make sure all our landlords can sleep at night, because this is what we do every day. We make sure we are always up to date with latest legislations, and we are often ahead of the deadline.
Is it time to move on with Move On? Call me or come in and have a chat, we really are a friendly and professional bunch.
If you would like a free, up-to-date rental appraisal or fresh eyes over your paperwork to ensure you are compliant, then please contact me 01202 711169 or email firstname.lastname@example.org