Breaking News For Landlords – Renters Reform Bill

In this Property Education video, Simon Zutshi, author of Property Magic, founder of property investors network (pin), and successful property investor since 1995 shares vital information regarding the Renters Reform Bill referred to by the English Government as a ‘Once in a Generation Reform’. What is a Renters Reform Bill?

Simon begins by explaining the importance of becoming familiar with the Renter Reform Bill Guidelines, and the impact it could have on you and your UK Property Investing. He highlights that whilst he is open to change, the 2023 Renter Reform Bill is the biggest change since the introduction of AST Contracts.

Whilst the Long Overdue Renters Reform Bill will be the final straw for many property investors and landlords, and is part of the Reasons Landlords Are Selling Up, Simon stresses how it is still a good time to get involved with Property Investment, as long as you know what you are doing.

After talking through the major Section 21 Abolishment associated with the New Renter Reform Bill Changes, he then breaks down the 4 Exemptions of Eviction that may be in place by the end of 2024.

Simon summarizes his discussion about Rental Reforms by underlining that either way, we will see a reduction in the amount of investment property available for rent, which is not good for tenants. What are your current thoughts on the New Renters Reform Bill?