King Charles III has unveiled a legislative agenda that promises significant changes for homeowners, renters, and developers alike. As the Labour government takes the reins, three pivotal bills stand out, each aimed at reshaping the property landscape across the UK.

Let’s delve into the details of these proposed new laws that we have so far and explore their potential impact on millions of lives.

    • Renters’ Rights Bill:
      • The government aims to introduce tough new protections for renters, ending “no-fault” evictions and raising standards to ensure safe living conditions.

      • The bill will empower tenants to challenge issues like rent increases and prohibit rental bidding wars by landlords and agents.

      • Tenants will have the right to request pets, and landlords cannot unreasonably refuse.

      • Greater security and stability for tenants will help prevent homelessness.

    • Draft Leasehold and Commonhold Reform Bill:
      • The bill addresses leasehold issues, making it easier and cheaper for leaseholders to purchase freehold.

      • It increases the standard term of leasehold extensions from 99 years to 990 years, benefiting homeowners.

    • Planning and Infrastructure Bill:
      • While specifics remain elusive, this bill promises improvements in planning laws for housebuilding and infrastructure development. The goal? A more robust property market and enhanced connectivity.

These new laws aim to enhance housing security, tenant rights, and property market stability.

Our property specialists will be keeping a close eye on any changes to legislation which may impact buyers, sellers, renters, and developers. If you’re looking for advice on whether these changes will impact any plans you have, please don’t hesitate to seek the advice of our property team. You can contact us by calling 0845 287 0939, get in touch by email, or use the online chat below.