The government has announced today that landlords will be required to offer open ended tenancies to tenants and will need a valid reason to recover possession of their property.
Under the present system, landlords can serve a section 21 notice without any grounds to terminate the tenancy after the fixed term of the tenancy has expired. Under the section 21 procedure, the tenant is given 2 months’ written notice that the landlord requires possession of the property.
There is uncertainty regarding when the new law will come into force.
The info-graphic below shows the current situation in the UK for privately rented households.
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Written by Claire Stewart
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