Following the announcement that there will be a General Election in July 2024 it has now been confirmed that the current government will no longer be progressing the enactment of their Renters Reform Bill. All previous updates we sent to you can now be disregarded.
Whilst this may offer some short-term relief, it is worth noting that it is highly likely the next government will commit to drafting their own reform legislation. The lettings industry is a key area that all political parties have made pledges to reform so we do expect that there will be a similar Bill brought to parliament after the General Election.
We will continue to monitor this important legislative change and keep you informed of any updates we receive.
