The Renters’ Rights Act is here. Are you ready?
England’s biggest rental market reform in nearly 40 years has significantly impacted how tenancies operate. Landlords are now being squeezed with stricter regulations and less margin for error.
- Section 21 & fixed-term tenancies are now obsolete
- Strict limits on annual rent increases
- Non-compliance may result in significant financial and legal consequences
Overseas landlords carry the highest risks, being many miles away and often being the last to find out when something has gone wrong. As the market shifts, some landlords are already restructuring or exiting the market entirely.Interestingly, this creates a window of opportunity, with market activity being supported by investors taking advantage of discounted properties from highly motivated sellers. This represents an excellent chance to position yourself before the next market cycle.
Meet our UK directors, Anita Mehra and Marc von Grundherr, in Dubai for complimentary consultation sessions covering:
- Understanding the legal & financial risks of the Act as an overseas investor
- What should you do next: Buy, hold, sell or expand?
- Exclusive access to discounted ready property stocks
- How professional management can help you stay compliant
Your Steadfast London Property Partner
For overseas landlords, having an experienced team on the ground is becoming increasingly important. Benham & Reeves provides support throughout the entire property lifecycle:
- An established presence in London spanning over 65 years, with 21 branches covering the city
- Dedicated team based in Dubai to assist your enquiries
- End-to-end lettings & property management under one roof
- Additional post-completion services: Furnishing, interior design & tax services
Book an appointment today to learn more.