Scott Goldstein agreed the timeline is short and urged landlords and agents to be prepared. He commented:
Scott commented: “There is significant work to be done before the first phase of reforms is implemented in May.”
He further warned: “These regulations will apply to both oral and written tenancies, creating potential pitfalls for the unwary. Penalties for non-compliance include fines of up to £40,000 and criminal liability in some cases. It is essential that landlords and agents fully understand and prepare for these changes.”
Click here to read more:
- Govt unveils implementation timeline for Renters’ Rights Act
- Government shares roadmap for implementation of Renters’ Rights Act | Today’s Conveyancer
- Rental market must adjust to ‘more tenant-focused environment’ | Mortgage Introducer
- Government sets out timeline for implementation of Renters’ Rights Act | BE News
- Section 21’s May deadline – the industry responds – PropertyWire
- Govt unveils implementation timeline for Renters’ Rights Act
For further information, please contact Scott Goldstein, Partner in the Litigation, Arbitration & Dispute Resolution department, or alternatively, telephone 02074654300.
