Hi All,
I thought this might interest you all. The UK Renters (Reform) Bill 2023 was introduced to Parliament on 17 May 2023. So what's in it?
Tenancies
Fixed-term tenancies are gone - and replaced with periodic.
In NZ we still have the fixed term - but it's useless as it doesn't end unless notice is given - so what's the point?
.
In NZ - Tenants give just 28 days. Definitely more rent security for the Landlord in the UK.
A reasonable move - NZ doesn't have this aye.
Anti-Social Behaviour
In NZ it's pretty ridiculous.....
Rent Arrears
Tenants can be in rent arrears for longer in the UK - 2 months and then the Landlord must give 4 weeks' notice. However, there is no need for the Landlord to go to court. Whereas in NZ, evictions must be agreed to by the Tenancy Tribunal.
Rent Increases
In the UK, tenants can challenge the rent increase if they believe it is above market rent and the Tier One Tribunal will have the final word. I couldn't find any restriction on how often rent increases can occur - just that they need to be within market rate.
In NZ rent increases can only happen every 12 months - and they are not market driven - more guess work that the increase will cover rises in Landlord expenses e.g. rates, insurance etc.
Here are a couple of links
The link below is an overview of the Renters (Reform) Bill.
There will be other similarities and differences - keen to learn what you find.
cheers,
Donna
I thought this might interest you all. The UK Renters (Reform) Bill 2023 was introduced to Parliament on 17 May 2023. So what's in it?
Tenancies
Fixed-term tenancies are gone - and replaced with periodic.
In NZ we still have the fixed term - but it's useless as it doesn't end unless notice is given - so what's the point?
Tenants will be able to stay in their home until they decide to end the tenancy by giving two months’ notice
In NZ - Tenants give just 28 days. Definitely more rent security for the Landlord in the UK.
Landlords won’t be able to use grounds for moving in, selling or redevelopment for the first six months of the tenancy,
Anti-Social Behaviour
The tenant or anyone living in or visiting the property has been guilty of causing nuisance or annoyance to the landlord or anyone living in, visiting or in the locality of the property, or has been convicted of using the premises for illegal/immoral purposes, or has been convicted of an indictable offense in the locality. Landlords can make a possession claim immediately.
The landlord has given the tenant a written notice on three separate occasions for anti-social behaviour within any 90-day period.
Tenants can be in rent arrears for longer in the UK - 2 months and then the Landlord must give 4 weeks' notice. However, there is no need for the Landlord to go to court. Whereas in NZ, evictions must be agreed to by the Tenancy Tribunal.
Rent Increases
In the UK, tenants can challenge the rent increase if they believe it is above market rent and the Tier One Tribunal will have the final word. I couldn't find any restriction on how often rent increases can occur - just that they need to be within market rate.
In NZ rent increases can only happen every 12 months - and they are not market driven - more guess work that the increase will cover rises in Landlord expenses e.g. rates, insurance etc.
Here are a couple of links
The link below is an overview of the Renters (Reform) Bill.
There will be other similarities and differences - keen to learn what you find.
cheers,
Donna
