The Renters' Rights Bill

1. It will bring an end to Assured Shorthold Tenancy. For the vast majority of the private rented sector, that means landlords will lose the ability to recover possession on two months’ notice at the end of a tenancy.
   
   
2. While it will give new and existing tenants greater security of tenure, landlords will still be able to recover possession of a property where there is a genuine intention to sell it or where they can prove that either they themselves, or their close family members, intend to occupy it.
   
   
3. Notice periods that need to be given to tenants will be extended in some circumstances, even where there is a legitimate reason to bring the tenancy to an end.
   
   
4. It will restrict bidding wars by making it impossible for a landlord to accept a rent higher than the asking rent.
   
   
5. It will formalise the procedure for rent review through service of a Section 13 notice, giving the tenant the right to refer the matter to tribunal. In those circumstances, the rental increases will only become chargeable once the matter has been settled.
   
   
6. It will introduce a Decent Homes Standard to the private rented sector and Awaab’s law, on top of existing regulatory requirements.
   
   
7. It will bring in a Private Rented Sector Landlord Ombudsman to deal with tenants’ complaints.
   
   

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1. As landlords will be unable to accept rents higher than the asking rent, with a local knowledge of the demand for rental property, Savills Letting Agents will be able to advise of the best asking rent to allow for an appropriate degree of competition between tenants.
   
   
2. As rent in advance will be restricted to one month, Savills Letting Agents extensive and thorough credit checks will give Landlords greater protection and peace of mind.
   
   
3. With access to a comprehensive database Savills Letting Agents are able to provide more evidence to support any rent increases in order to minimise the risk of being referred to tribunal, which can result in delay and disruption.
   
   
4. By undertaking property inspections, Savills Letting Agents ensure tenants are complying with the terms of their tenancy agreement and that any issues are dealt with swiftly. This is ultimately to protect the value of the landlord’s investment.
   
   
5. Savills Letting Agents expertise in proving grounds for recovery of possession of a property for the landlord will be crucial due to the implications of the Renters Rights Bill. Mistakes could lead to the dismissal of possession claims, additional legal costs, and potential barring from reapplying for a period of time.

For all your formal valuation requirements: valuationservices@savills.com

This information reflects the latest draft Renters’ Rights Bill as at 16 April 2025. The Bill remains subject to further amendment as it progresses through the Parliamentary approval process in the lead-up to it receiving Royal Assent and becoming law. Your local Savills office is able to assist you with the latest information.