Uncategorized

House of Commons Library: The Fair Rent Regime

RLA
Written by RLA

Tenants in privately rented accommodation after 15th January 1989 will be subject to Part I of the 1988 Housing Act which put an end to rent controls. However, tenants in situ before this legislation came to pass are still subject to rent control governed by the 1977 Rent Act. These tenants are generally referred to as ‘regulated’ or ‘protected tenants’ and are entitled to a ‘fair rent’…

Tenants in privately rented accommodation after 15th January 1989 will be subject to Part I of the 1988 Housing Act which put an end to rent controls. However, tenants in situ before this legislation came to pass are still subject to rent control governed by the 1977 Rent Act. These tenants are generally referred to as ‘regulated’ or ‘protected tenants’ and are entitled to a ‘fair rent’.

While it can be assumed that the majority of tenants in private accommodation will have entered into the properties after 15th January 1988, there are instances of ‘regulated’ tenants within the country. Through this the House of Commons Library has recently updated – on the 13th of January 2014 – it’s “Fair Rent Regime” standard note.

The standard notes that the House of Commons Library publishes, and updates as and when necessary, outline the debate, understanding, and proposals around certain topics.

Recently the RLA have highlighted a series of these documents to help landlords and tenants alike understand the circumstances within the private rented sector. The recent House of Commons Library standard notes/documents published/updated relevant for RLA audiences include:

The note on Fair Rent Regime covers the definition of ‘fair rent’ as well as who is entitled to such measures and how the rents are set.

For more information you can view the release on the House of Commons Library website. Alternatively, you can download and view the document by clicking here: Fair Rent Regime.

Further Information

 

About the author

RLA

RLA

The Residential Landlords Association (RLA) represents the interests of landlords in the private rented sector (PRS) across England and Wales. With over 23,000 subscribing members, and an additional 16,000 registered guests who engage regularly with the association, we are the leading voice of private landlords. Combined, they manage almost half a million properties.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.