
The UK rental market is set to undergo significant changes with the long-anticipated Renters’ Rights Bill, which aims to create a fairer and more balanced system for both landlords and tenants.
Understandably, many local landlords have concerns about what this legislation could mean for their properties for rent in Devon.
However, there is no need to panic. In this guide, we’ll walk you through the latest updates on the bill, what it means for landlords, and why working with a professional letting agency like Complete Property can help you stay ahead of the changes.
We’re also offering a free no-obligation review for any landlords who are worried about what the changes might mean for them. Complete the form below or email lettings@completeproperty.co.uk for more information.
When Will the Renters’ Rights Bill Become Law?
As of early 2025, the Renters’ Rights Bill is currently making its way through Parliament. The government has indicated that the bill is expected to become law later in 2025, although the exact timeline may depend on parliamentary schedules and potential amendments.
Once passed, some measures may be introduced in stages to allow landlords time to adjust.
The bill has received mixed reactions, with tenant advocacy groups pushing for faster implementation, while landlord associations are lobbying for adjustments to ensure a balanced approach. The government has reassured landlords that their concerns are being considered and that the reforms will not result in unintended consequences for the rental market.
What is the Renters’ Rights Bill?
First announced in 2019, the Renters’ Rights Bill seeks to improve security and fairness in the private rented sector. The latest updates in 2024 suggest that the government is committed to implementing these reforms, but in a way that also considers the concerns of landlords.
The key proposals include:
- Abolition of Section 21: Ending ‘no-fault’ evictions to provide more security for tenants.
- Reforming Section 8: Strengthening grounds for possession to ensure landlords can regain their properties when necessary.
- Introducing a Decent Homes Standard: Raising the quality of rental properties.
- Creating a Property Portal: Improving access to information and compliance for landlords and tenants.
- A New Ombudsman for Landlords: Streamlining dispute resolution.
While some of these changes may seem daunting, they are being introduced gradually to allow landlords time to adapt.
Why Landlords in Devon Don’t Need to Panic
- There’s Still Time to Prepare
The bill is making its way through Parliament, and while reforms are expected, the process is not immediate. There will be a transition period, giving landlords time to make adjustments.
- Stronger Grounds for Possession
Although Section 21 is being abolished, the government is strengthening Section 8, ensuring that landlords can still repossess their properties in legitimate circumstances, such as when they wish to sell or move in themselves.
- Professional Property Management Can Ease the Transition
Navigating new regulations can be complex, but working with an experienced letting agency ensures you stay compliant without stress. Complete Property is here to guide you through these changes and help you manage your investments efficiently.
- The Market Remains Landlord-Friendly
Despite these regulatory changes, the UK rental market continues to favour landlords, with high tenant demand and rental yields remaining strong. Proactive landlords who stay compliant and adapt to the changes can continue to see strong returns on their investment.
How Should Landlords Prepare?
- Review Your Tenancy Agreements. If you currently rely on Section 21 notices, it’s time to review your tenancy agreements and consider how best to protect your rights under the new system.
- Ensure Compliance with the Decent Homes Standard. Conduct a review of your property’s condition and make any necessary upgrades to ensure compliance with the new standard.
- Stay Informed on Legal Changes. Keeping up with the latest legislative updates is crucial. Complete Property provides expert guidance and regular updates to help landlords stay compliant. We can add you to our newsletter to keep you updated on these changes.
- Consider Professional Property Management. A letting agent can help you navigate compliance and handle the day-to-day responsibilities of property management, saving you time and ensuring you remain on the right side of the law.
Frequently Asked Questions
Will I still be able to evict a tenant if they stop paying rent?
Yes. The reforms will strengthen Section 8, making it a mandatory ground for possession in cases of rent arrears. However, landlords should be aware that tenants will need to be in larger arrears than under the current law before notice can be served, and the notice period is being extended. While the process may not necessarily be quicker, it will provide more certainty for landlords when seeking possession.
How will the Decent Homes Standard affect my rental property?
The standard aims to ensure rental homes are safe, warm, and free from serious hazards. Most landlords already meet these criteria, but if you’re unsure, we can help you assess your property.
What should I do to prepare for these changes?
Start reviewing your tenancy agreements and property standards now. If you need guidance, Complete Property offers no-obligation reviews to help you stay ahead.
How can Complete Property help me?
We provide expert advice, property management services, and compliance support, ensuring you’re always in line with the latest regulations.
What happens if I fail to comply with the new rules?
Non-compliance could result in fines or legal issues, but our team at Complete Property can ensure you’re fully prepared and avoid any penalties.
Are these changes likely to increase costs for landlords?
Likely additional costs could include a cost to join the new ombudsman scheme and property portal – although we don’t know what these will be yet. Ensuring compliance early can help avoid potential expenses later.
Book a No-Obligation Landlord Review Today
At Complete Property, we understand that legislative changes can be daunting. That’s why we offer landlords a free, no-obligation review to help you understand how the Renters’ Rights Bill might impact you. Whether you need support with compliance, tenancy management, or property marketing, we’re here to help.
Get in touch today to book your landlord review – your investment is in safe hands with Complete Property. Complete the form below or email lettings@completeproperty.co.uk
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