As you might be aware, Renters Reform Bill is in progress, part of the things that are in discussion, are:
• Landlords should be aware that as part of the upcoming rental reforms proposed by the Government in their recent White Paper, ‘A Fairer Private Rented Sector’, some form of landlord redress is likely to come into force in the near future. Number six in their 12-point plan of action is: “We will strengthen tenants’ ability to hold their landlord to account and introduce a new single Ombudsman that all private landlords must join.”
• This 12-point plan will provide further support for tenants on their path to home ownership, in addition to government-backed schemes such as the new First Homes programme, the new Help to Buy: Equity Loan scheme, Shared Ownership scheme and mortgage guarantee scheme. These schemes have already helped over 774,000 households to purchase a home. “We are going further to support home ownership by examining reform of the mortgage market to boost access to finance for first time buyers, extend the Right to Buy to Housing Association tenants, delivering on a long-standing commitment made by several governments, and removing home ownership disincentives in the welfare system. We will accelerate our progress on housing supply by working with communities to build the right homes in the right places across England.”
The Reform Bill is planned to be launched somewhere in March 2024. We will keep you updated on this matter as soon as news will be released.
Useful links:
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1083378/A_fairer_private_rented_sector_web_ac cessible.pdf
https://www.gov.uk/government/publications/fire-safety-england-regulations-2022