All About the Renters Reform Bill
All About the Renters Reform Bill
After a long debate in the Houses of Commons today, with a strong opening statement from Deputy Prime-Minister, Angela Rayner, the blueprint for the Renters Rights Bill is well and truly set.
A Student’s Perspective of Renting
According to Statista during the 2021/2022 academic year, there were approximately 2.2 million full-time and sandwich students in the United Kingdom (UK), with almost 347,680 occupying provider-maintained property. This tells us that the student market is vibrant and extremely strong.
I am a university student having completed my second year in Criminology & Law. I write this blog from the perspective of a tenant, focusing on student accommodation. This perspective is crucial for those who rent out student housing. My insights are based on my personal experience, which may differ from other students' experiences.
King’s Speech presents Renters’ Rights Bill
The highly anticipated King’s Speech on 17th July under the Labour government did not contain any real surprises for the Private Rented except for the fact that what was the Renters Reform Bill kicked into the long grass when the General Election was announced, has now been renamed the Renters’ Rights Bill - emphasis on the first 2 words.
The King’s Speech set out the government's priorities and proposed legislative programme for the next Parliamentary session.
While acknowledging that responsible landlords had made a great contribution to the private rented sector, the government believes that there should be reform with regards to the rights of landlords and tenants.
A Reminder - Changes to UK Company Law
The Economic Crime and Corporate Transparency Act received royal assent on 26 October 2023 which introduced the biggest changes to Companies House since corporate registrations were established in 1844, gives Companies House the power to play a far more significant role in tackling economic crime, supporting economic growth, and making sure the UK is one of the best places in the world to start and grow a business.
Over time, the measures will lead to improved transparency and more accurate and trusted information on our registers. This will drive confidence in the UK economy, increasing the value of the register for businesses and citizens across the UK and beyond.
The measures include:
introducing identity verification for all new and existing registered company directors, people with significant control (PSCs), and those who file on behalf of companies
broadening our powers to become a more active gatekeeper over company creation and more reliable data
more reliable and accurate financial information on the register, which reflects the latest advancements in digital technology and enables better business decisions
providing Companies House with more effective enforcement powers, and increasing our ability to share relevant information with partners
enhancing the protection of personal information to protect individuals from fraud and other harms