The Renters’ Rights Bill received Royal Assent from King Charles this afternoon and has become law following an announcement in parliament.
It is now nearly two years since Michael Gove first revealed his desire to overhaul the private rented sector, an attempt which failed during the chaotic final months of the Rishi Sunak government.
Labour’s version of the Bill, which is very similar, has raced through parliament, helped by the party’s large majority.
This evening the legislation, which will significantly change how the private rented sector is regulated and heap more red tape on letting agents and landlords, is due to beofficially read out in the Lords with MPs in attendance.
Once this has been completed, the Government will have to get any secondary legislation affected by the Bill changed, along with the amendments necessary to regulations.