The Renters Reform Bill has introduced a new system of periodic tenancies. The aim of periodic tenancies is to make existing tenancy structures simpler.
Differences between fixed-term and periodic tenancies:
What are the tenancy changes under the Renters Reform Bill?
The Renters Reform Bill has proposed that all tenancies will move from Assured Tenancies to a ‘single system of periodic tenancies. Therefore, a two months’ notice will be required if tenants want to leave.
Under the Renters Reform Bill, section 21 will be abolished. Instead, property owners will need to use section 8, but they are only able to if the tenant has been in the property for a minimum of 6 months.
The information in this post is valid to the best of our knowledge on the date of posting. It is advised that you seek independent advice based on your individual circumstances.
T +44 (0)203 488 1488