Renters rights bill advice

[Al15]

Hi all

Sharing a very handy resource for the renters rights bill called renters rights ready. With a portfolio of around 40 this has come in very handy

I had a question about converting my ASTs into Assured Tenancies early and get ahead of the curve, however a very good (obvious in hindsight) nugget of advice - let it go right to the wire as converting before the grandfathering period means losing section 21 rights before we absolutely have to.

So essentially nobody be proactive with new agreements and let it become a mad rush otherwise we are penalised for it!!

[Christopher32]

It is probably best to hold off until after all the details have been finalised. The government have said that they will publish a commencement date sometime after Royal Ascent. They haven’t said how long after but it will have to be at least 6 months to allow the industry to get ready. During this time they plan to run advertising campaigns to educate everyone.

[A_Z]

Because they have nothing better to do with tax payers money in a cost of living crisis and a country that’s falling to pieces

[David122]

You have to wait until all the Ts and Cs of the new Assured Tenancies are known or youll end up doing it twice.