Key Changes for Landlords: The Renters Rights Bill will introduce a series of important reforms for landlords. Fixed term Assured Shorthold Tenancies will be replaced with open ended periodic tenancies, allowing tenants to remain indefinitely with the option to leave on two months’ notice, while landlords will no longer be able to rely on fixed terms to regain possession. Section 21 evictions will be abolished, meaning landlords must use updated Section 8 grounds such as wishing to sell, moving into the property, dealing with rent arrears or addressing anti social behaviour. Tenants themselves will be required to give two months’ notice if they choose to leave, offering landlords greater certainty. Rent increases will be limited to once per year and must follow a formal process, reflecting local market levels. Landlords and agents will no longer be able to accept offers above the advertised asking price, making accurate valuations essential. Blanket bans on pets will not be permitted and reasonable requests must be considered, while discrimination against tenants based on income or family status will be explicitly prohibited. All properties will need to meet the Decent Homes Standard to ensure safety and quality. Landlords will also be required to join a new Ombudsman scheme to handle tenant complaints, and to register their properties on a national portal that records compliance. Finally, local councils will be given stronger powers to enforce these new rules, supported by tougher penalties for breaches.
Preparing Now: There is still time before the new system comes into force, but landlords in Kensington and Chelsea should act now to prepare. This means reviewing tenancy agreements to ensure they are ready for the move to periodic tenancies, auditing properties to deal with any outstanding repairs, safety checks or hazards, and putting maintenance schedules in place for regular inspections and preventative works. It also requires becoming familiar with the new Section 8 possession grounds, reassessing rent strategies to plan for annual reviews, and keeping compliance documents such as gas safety, electrical and energy certificates up to date for the introduction of the Property Portal. Most importantly, working with an experienced professional agent will ensure full compliance and peace of mind without the stress of navigating these changes alone.
Why Choose tlc Estate Agents: At tlc Estate Agents we specialise exclusively in Kensington and Chelsea, drawing on more than 50 years of local knowledge to provide unrivalled expertise. We are fully regulated and place compliance at the heart of everything we do, ensuring landlords remain legally secure. Our focus is on protecting rental income, safeguarding property values and minimising risk, while our boutique approach guarantees a truly personal service with a dedicated expert who knows both you and your property. Through accurate valuations, thorough tenant vetting and proactive management we maximise returns and deliver consistent rental income. Recognised locally and highly rated by our clients, we are proud of a trusted reputation built on professionalism, care and results.