Under the Deregulation Act 2015, changes have been brought into force that significantly affect private residential landlords. The changes are a direct response to the rapidly growing rental sector and the inherent need for professional practice. The new regulations will impact whether or not a landlord can serve a Section 21 eviction notice on an assured shorthold tenancy.
The new law states that a Section 21 notice cannot be issued within the first four months of a tenancy, and the lifespan of a Section 21 will now be six months. Paul Shamplina, the founder of Landlord Action, feels that insufficient action has been taken to inform landlords of the changes. Addressing the All Party Parliamentary Group for the Private Rented Sector at the Houses of Parliament in 2014, Shamplina expressed concerns that the introduction of a law on retaliation eviction could lead to tenants taking advantage of the system and remaining in properties rent free for longer.
Landlord Action have stated that educating landlords should be a priority, particularly when changes are brought into effect. Landlords still contact the advice line seeking information about the tenancy deposit scheme despite its introduction eight years ago. The organisation feels that a substantial proportion of private residential landlords will remain unaware of the changes brought into effect under the Deregulation Act 2015.
As experienced and leading letting agents, we provide comprehensive property and estate management in the City of Westminster and the rest of the capital. Our goal is to ensure smooth running and stress free tenancies for both our tenants and landlords. We can help every landlord to fulfil their obligations and ensure that they are complying with all legal guidelines, no matter how many changes may take place. When you are working with us, you will always be kept up to date.