What the new renters' rights bill means for landlords and renters
Briefly

What the new renters' rights bill means for landlords and renters
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"The UK's rental market has changed dramatically over recent decades, with the proportion of renters doubling to 30% since 2000. Over the same period, housing costs have increased far faster than wages. Historically, the rental sector has faced less regulation in the UK than in many other European countries. But now new legislation aims to improve the security of tenancies in England and strengthen tenant protections against environmental hazards."
The UK's rental sector has doubled to 30% renters since 2000 while housing costs have risen much faster than wages. The sector has historically been less regulated than many other European countries. New legislation in England seeks to improve tenancy security and strengthen tenant protections against environmental hazards. Many measures are expected to improve renters' lives without harming landlords, but some provisions may make being a landlord more difficult or undesirable. Proposed measures are categorized as the good, the not-so-good, and the complicated. A 2023 government report estimated 3.6% of private rented properties have serious damp and mould.
Read at www.independent.co.uk
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