Renters’ Rights Bill – What We Know So Far
The Renters’ Rights Bill has been heralded as a much-needed reform for the private rental sector. But will it really make a difference? While the bill promises to enhance tenant rights and renter protections, the reality is more nuanced. Landlords, tenants, and policymakers alike will need to adjust to the evolving legal and economic landscape.
The rental market is already under strain due to:
Rising interest rates, making buy-to-let investments less attractive.
A shortage of supply, which is driving up rents.
Increasing costs for both renters and landlords.
While the bill enhances security for renters, concerns remain. Will landlords exit the market? Could rental prices rise even further? And will enforcement mechanisms actually raise standards? Here’s a closer look at what’s changing—and what it could really mean for the sector.
Forecasts for UK Lettings in 2022
As another year draws to a close, Adleo Relocation looks forward to 2022 and flags up the salient lettings changes that may lie ahead. Of course, ‘may’ is the operative word as many new rules and regulations that we expected to see in 2021 never materialised.
With the wider global outlook still at the mercy of Covid, we underline that our thoughts are merely educated predictions and relocators should always check in with our experts to get the latest on the private rental sector.