The Renters' Rights Bill: The End of Fixed-Term Tenancies and Changes to Rent Increases
/The Renters’ Rights Bill proposes significant changes to the private rented sector, including the abolition of fixed-term tenancies. This shift means tenants will have greater flexibility, but it also presents potential challenges for landlords. Additionally, changes to how rent increases are handled will impact both parties.
What Does the End of Fixed-Term Tenancies Mean?
Under the proposed changes, all tenancies will become open-ended, meaning tenants can leave at any time as long as they provide two months’ notice. This means that, in theory, a tenant could move in and immediately serve notice, leaving after two months.
When similar changes were introduced in Scotland in 2017, some tenants took advantage of this flexibility
Read More