At Thomas Morris, we want you to make informed decisions, and to be up to date with everything you do in the rental market. We know being a landlord is challenging, but with our support, we hope we can make the process more straightforward for you.
Shorter time-frame notice periods
As of 1st June 2021, any notice period which is currently set at six months will reduce to four months. However, the following notice periods, which are in effect for more serious matters, have a shorter time-frame. Therefore, it is important landlords familiarise themselves with the following notice periods:
• Ground 7 - Death of a Tenant (2 months’ notice)
• Ground 7B - Breach of Immigration rules ‘Right to Rent’ (2 weeks’ notice)
• Ground 8 - Over 4 months’ accumulated rent arrears (4 weeks’ notice)
• Ground 14 - Anti-Social Behaviour (immediate to 4 weeks’ notice)
• Ground 14A - Domestic Abuse in the social sector (2 to 4 weeks’ notice)
• Ground 17 - False Statement (2 to 4 weeks’ notice)
In any case where there is a minimum of four months’ unpaid rent, the notice period will change to two months’ notice, and this comes into effect from 1st August 2021. It is also expected that notice periods will return to their pre-pandemic levels as of 1st October 2021, although this will depend on the latest public health advice at the time.
Noted names have their say
Housing minister Christopher Pincher said: “From the beginning of the pandemic, we have taken unprecedented action to protect renters and help keep them in their homes. As Covid restrictions are eased in line with the roadmap out of lockdown, we will ensure tenants continue to be supported with longer notice periods.”
Isobel Thomson, Safeagent chief executive, said: “Landlords who have maintained tenancies throughout the pandemic at often personal cost and hardship now have a clear route to repossessing their properties should they need to do so. Tenants have the certainty of knowing they will continue to be protected with a longer notice period for the months ahead.”
Mark Hayward, chief policy advisor at Propertymark, commented: “Whilst the reduced notice periods are still longer than pre-Covid, it is pleasing to see the UK government continuing to provide financial support to tenants, combatting rent arrears as well as providing clarity for the rental sector as we navigate the easing of restrictions.”
Breathing Space is now in effect
As of 4th May 2021, the Breathing Space scheme is now in place. Landlords are advised to familiarise themselves with this scheme, as it might impact their ability to collect rent.
A tenant in rent arrears can apply for a standard Breathing Space, which will provide them with protection for up to 60 days. If the tenant applies for a Mental Health Crisis Breathing Space, available for people receiving mental health treatment, they are protected for 30 days.
Propertymark’s Mark Hayward commented, “The changes introduced are to allow those struggling financially to have a limited time in which to seek advice and formulate a plan to move forward. The scheme will have a large impact on the current processes followed by agents and landlords when taking action against rent arrears, and it is now hugely important that those dealing with rent debt are aware of the new scheme and the changes in working it will bring.”
If you would like to arrange a valuation of your rental accommodation, even in these challenging times we can provide this service. We can currently provide a range of safe property and lettings market services, aimed at helping you make an informed move.
If you are looking for help with any matter of the property or lettings market, it is best to speak to property professionals. You can book a sales or rental valuation appointment directly on line at a time and date of your choice by clicking here or alternatively click here for individual branch contact details.