Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

UK Renters Reform Bill Published – More Rights For Tenants, Less Power For Landlords The UK rental market is set to undergo a significant transformation with the recent publication of the Renters Reform Bill. This proposed legislation aims to strengthen the rights of tenants while limiting the power wielded by landlords. With the increasing demand for affordable and secure housing, the bill seeks to create a fairer and more balanced rental sector. Let's summarise some of the key provisions outlined in the bill that will impact both tenants and landlords: ·        Section 21 ‘no fault’ evictions to be abolished. ·        The end of section 21 “no fault” evictions, meaning a landlord will only be ‘allowed’ to evict a tenant if they have a “reason”, e.g. antisocial behaviour, unpaid rent, or a need to sell the property ·        A new ombudsman to resolve disputes between tenants and landlords ·        A new property portal that landlords MUST register with, allowing tenants to view information about their l