🏢🔎 Renters Reform Bill Update ⏳🏛️
When are we going to hear about the Renters Reform Bill next? Click and read on for more details 👇
📣📅 It has been over 5 weeks since the Bill had its first reading in the House of Commons, but unfortunately, we still don't have any news on when the second reading debate will take place. 🤔
Now, here's where it gets interesting. Parliament is set to take a summer recess starting from 22 July, and it won't resume until September. ☀️ This means that time is running out, as the Bill's second reading debate didn't make it to the list of business for the House of Commons next week or the provisional list for the week of 10 July. 😮 Additionally, the week of 17 July is when two by-elections are scheduled to take place. ⚖️🗳️
Now, I won't speculate about the reasons for the delay, but the outcome is worth noting. It's becoming increasingly unlikely that the Bill will receive Royal Assent before the end of this parliamentary session in the autumn. 🍂🚫
If you're interested in understanding how this delay might impact when the various parts of the Renters Reform Bill could come into effect, I've got you covered! See below to see my guesstimate. 🔍📈
We'll make sure to keep you updated on any developments related to this crucial legislation. As landlords, it's important to stay informed about the potential impacts on our industry. 📢🔑 Remember, we're here to support and guide each other! 💪🏼💼
If you need help with anything Lettings then please get in contact.
All the best,
Andy Brown
Lettings Director
andy.b@avocadopropertyagents.co.uk
07585 913 564