On 1st May, the long-awaited Renters’ Rights Act begins its phased implementation, marking the most significant shake-up of the private rented sector in decades.
Designed to rebalance the relationship between landlords and tenants, creating a fairer and more transparent rental market, the Renters Rights Act introduces reforms such as:
- Abolition of Section 21 “no-fault” evictions
- Conversion of all tenancies to periodic agreements
- Limits on rent increases (once per year, with two months’ notice)
- Ban on rental bidding wars and restrictions on advance rent payments
- Right for tenants to request pets and stronger anti-discrimination rules
- Mandatory compliance with the Decent Homes Standard
While this is a major legislative shift, it doesn’t have to be a source of stress for landlords. Compliance can feel complex, but landlords who partner with an experienced, informed letting agent will find the transition smooth and manageable. Professional agents play a vital role in:
- Updating tenancy agreements to reflect new rules
- Managing rent reviews within the statutory framework
- Advising on possession grounds under the revised Section 8 process
- Ensuring properties meet the Decent Homes Standard
- Handling documentation and registration for the new landlord database and Ombudsman scheme
At Gibson Honey, we’ve been following the Renters’ Rights Act closely and have already adapted our processes to ensure full compliance. Our team is:
- Training staff on every detail of the Act
- Auditing tenancy agreements and management systems
- Preparing landlords for phased implementation
- Offering tailored advice and full management services to keep your portfolio compliant and profitable
We believe that these reforms, while significant, present an opportunity to raise standards and strengthen trust between landlords and tenants. With Gibson Honey by your side, you can navigate this new landscape confidently.
Need guidance on how the Renters’ Rights Act affects your property?
Contact Gibson Honey today for expert advice and a compliance review.
Act Now – Stay Ahead of the Curve
Don’t wait until May to prepare. Book your compliance review today and let Gibson Honey ensure your properties are ready for the Renters’ Rights Act.
📞 Call us on 01895 625999
📧 Email us at lettings@gibsonhoney.co.uk
✅ to schedule your consultation.