The Renters’ Rights Bill has reached its Third Reading in the House of Lords, marking the last step before moving forward in the legislative process. This key stage offers members a final opportunity to review and amend the Bill before it concludes its passage through the Lords.
Key Changes Under the Bill
The legislation introduces sweeping reforms to the private rented sector, most notably by abolishing fixed-term assured tenancies and assured shorthold tenancies. New legal obligations are also being introduced for landlords and anyone involved in managing rental accommodation, including temporary and supported housing providers.
Implications for Tenants and Landlords
For tenants, the Bill is set to provide more security by allowing them to remain in their homes without the uncertainty of fixed-term agreements ending. On the other hand, landlords may face increased compliance duties and operational costs due to the changes.
Issues Raised in Recent Debates
During recent debates, several concerns have been highlighted, including:
- Judicial capacity — questions have been raised about whether courts can handle a potential rise in tenancy disputes.
- Impact on the housing market — with some suggesting the reforms could reduce rental property availability if landlords withdraw from the sector.
- Licensing schemes — calls have been made to avoid expanding discretionary licensing schemes, which are seen by some as expensive and ineffective.
Additionally, some industry voices have pointed to a lack of broader consultation during the Bill’s development, which could lead to unforeseen challenges once the legislation comes into effect.
What’s Next?
The final reading in the House of Lords is scheduled for 21st July 2025. If approved, the Bill will continue to the next phase before becoming law. These reforms could lead to significant shifts in the rental market, and both tenants and landlords are advised to stay informed.
Further updates will be available as the Bill progresses.
