Renters Reform Bill 2024: Key Changes & Impact on Landlords and Property Investors
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- Опубликовано: 21 авг 2024
- In this video, we provide a comprehensive overview of the Renters Reform Bill 2024 and its potential effects on landlords and property investors. We discuss the major changes announced, including the abolition of 'no-fault' evictions, new minimum standards for rental properties, and increased tenant rights. Learn what these reforms mean for your rental business and how you can prepare for the upcoming changes.
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All government changes have not helped Landlords or Tenants in any way. They have simply driven up costs, massively in some cases, for Landlords who then increase rents to offset them.
Totally agree
This is going to wreck the rental market , all these hurdles makes you want to sell up , then Gov can house these people !
That doesn't happen in real life. They move out without you knowing owing rent and destroying your property.
Bottom line, people need homes. 🙏🥰 get it sorted for landlords and tenants both.
Britain's Lease hold laws. I can see why folk got on the Mayflower ship to America in 1620.
Yes but My Pilgrimage wouldn’t be to the North American but South or Asia
To the editor - the constant changing in camera angles is jarring and distracting - this video would have been better if it was just shot straight on!
Agree and Remove the big screen
Stop 🛑 moving then 😂😂😂😂
I agree, great content but annoying
This is also the first step to The Great Taking.
I had lived through that in socialism...its happening. Next it will be confiscation. As the World Exonomic Forum stated by 2030 you will own nothing and be happy.
Clean and ready to move in lol. So many dumps rented privately and by the councils with mould and damp because there aren’t enough properties and private ones can then charge what they like and do nothing.
Great information, delivered concisely and clearly - thank you!
It will be carried on by the winning party after the election. Now its ok saying 3 months late with rent, then under section 8, possession is granted. But that is an extra month with no rent to the landlord. Lastly, possession only granted by the county court, currently with massive backlogs, not happening any time soon
Thanks Ranjan, always very helpful and informative. Really like your style too!
Brilliant presentation
Thank you for simplifying what the Reform actually means
Thank you again
Appreciate the information 👍
Really useful info thank you so much. I'm out of this sector now.
That’s information from Gove has increased rent on properties big time
Clear and concise advice both for landlords/ladies, and tenants - thanks 👍👍
I think UK Government must build Housing Socities & Building Apartments for its Citizen by taking money in installments 1st in deposit 5 % interest free then show them plot or flat then take monthly installments .when have 50% then give them possession after that handover on 100 % installments. For tenants, there must be 5 years rent review of 5 % instead of 12 months contract.
Thx you , very helpful and informative
Gove has caused utter chaos!!!
Well he's not standing for another election, so...
Nope he hasn't
And dipped
If Gove has got anything do with it "kiss it goodbye" hes not worth his salt ....
He's OK
keep up the great work brother 👍
Love ya you amazing been following you from day one I’ve learnt so much 🎉😊
Thank you for video.
The more landlords sell the higher rents will go. Fortune favours the brave
I wouldn't mind the portal as long as they get rid of Selective license
100% agree
Could you advise on retail shops on lease but the old building freehold owned by someone else.
nice way to finish up. Love the zoo joke. great summary
Just more changes which will ultimately drive rents up for those whom stay in the market.
It’s t st or they will pull out.
Sounds like huge rises in rent then as this is horrific
Additional charges added for pets, tenant sure as hell won’t bother with pest control services if they’re leaving.
Amazing advice
I think it’s a Money making scams
What about Residential lease renewal cost?
No - student prs are now going to periodic . Only purpose built student blocks can keep ast’s
I believe this has been changed and extended to all student lets of 3+ individuals
Can Lanlords serve 2 month notice after 4 initial month???
Correct and the tenants can give you notice to leave one month before the 6 month period finishes.
Thks Ranjan,appreciated
Great overview, very helpful
Hi Ranjan I have lodgers not tenants as i live in the property so I am assuming that this hasn't been changed?
None of these things affect live in landlords.
Thanks for your response, I appreciate it!!@@scienceevolves4417
Increase rents to mitigate costs. This will happen anyway.
Landlords will sell
Labour will bring in the s21 changes right away; and that will just be the start. Toe in the water rent controls will be next, as soon as those whatckos can introduce them.
It will be wonderful thing to see, the breaking apart of this whole failed system ❤❤❤❤
You videos are very helpful but to many distractions that makes it hard to concentrate on the information. Sorry speaking from someone working in TV😊
NONE of this legislation has come into Law yet, so NO, Rolling Tenancies are not coming in in October of this year!
This legislation has not had Royal Assent!
Are you sure on this? If so where can I find the information. Our landlord just messaged us with this news on rolling tenancies
So Rents will go up even more to cover the extra costs.
Alternatively, leave renters with no protection.
Renting property is not worth the aggravation
The biggest problem with pets is noise, from dogs AND cats, smell increasing cleaning cost significantly, defecation from cats in private gardens, and fleas.
😂😂😂😂😂😂
Interesting, since when do cats bark? 🤔
They meaow. That’s loud enough!
@@ranjanbhattacharya-succeed7617 hahaha never been kept awake from meaow hahaha
Excellent thank you
Ranjan is the best. !!
If you are already registered with the Property Redress Scheme do you still have to join the Ombudsman Scheme
Thankyou
Circus rolling
Rolling tenancy - October 2024
Why you keep moving
Listen with your ears not eyes 👀 😂😂😂😂😂😂
I like this vid. Good insight.
Uk is alwayz so complicated
The uk rental market is gone they smashed it pieces time sell up !
Only got all those slum landlords to blame.
Greed squared
Rolling come into play in October 2024
Sell up!
Council took fires out on lock down 😡 didn't replace it
General election just called - this kills it, no?
Yes, pretty much!
what do you mean by that?
@@privateprivate2421 Labour will scrap no fault evictions from day 1, regardless of the courts ability to cope
@@seancrowe3353 Why should Labour bother once they get into No.10?
@@nikkion2140 They should care, if they want to remain in power/ another term again.
Private landlords have had it so easy in the UK to make billions in private profits taking these profits out of our countries finiancal hub Shameful
Really ??? Government shouldn't been antibusiness.Where is billions in private profits when HMRC tax that is in place?
Far from it. We have provided homes often after being badgered and emotionally blackmailed, inundated with hopeful tenants calls, had the unpleasant task of turning the homeless away, had to provide homes up to standard and sometimes had places trashed. There are always two sides to any argument.
Alot of this rental is housing benefit 🤔
Section 8 does not like Section 21 that gives possession. It awards eviction.
Prs student rents are going to compensate by hiking rents by approx 13 % to remain indifferent . Student pays - they have no choice .
Who does your editing? Jesus.
No. Jesus doesn’t do the editing !
😂
Is that important???? 🙄🙄🙄
Money making scheme
Were I live
what ever happens landlords or tenants still its getting worse for all
I signed my council tenant form 1989😂
Your swaying about in the chair is very distracting
Probably!! 🤣
Keep still then it won’t affect you 😂😂😂
Does not bother me, I'm here for information not petty personal attacks
I like it, he’s got rhythm
I'm only here for the swaying
Does this apply to domestic rent and commercial rent?
Is it even legal