On Thursday the 14th of September 2023, Mercers held a networking breakfast at the Phyllis Court Club Pavilion to discuss the upcoming Renters (Reform) Bill. The event was attended by local letting agents and was a great opportunity to learn more about the new legislation and how it impacts the industry as well as getting to know other local professionals.

Solicitors from Mercers litigation department, Justine McCool and Edward Capstick, spoke at the breakfast giving a comprehensive overview of the new bill, highlighting the key changes and explaining how they will affect landlords, tenants and letting agents.

The Renters (Reform) bill is the most significant piece of legislation in the private rented sector in over 30 years. Aimed at making tenancies more secure and predictable the bill includes a number of new measures, such as the removal of Section 21 ‘no fault’ evictions, new grounds on which to evict tenants and the prohibition of unreasonably refusing tenants’ pets.

The new bill is expected to come into force in 2024. In the meantime, it is important for landlords, tenants and letting agents to be aware of the proposed changes and prepare in time for their implementation.

Mercers will be closely watching the passage of the bill through parliament and will be providing updates should any changes be made. If you would wish to learn more about the bill, or have any questions, please contact Justine McCool.