Listen "When Tenants Go Bad: Court Evictions, Anti-Social Behavior, and Joint Tenancy Issues"
Episode Synopsis
Send us a textMark Fitzgerald explores the Renter's Right Bill and essential strategies for property investors to protect their investments amid changing legislation.• The Renter's Right Bill represents the biggest shake-up of the private rental sector in decades, expected to be implemented around October 2023• Fixed-term tenancy agreements will be eliminated, with all contracts becoming periodic allowing tenants to give notice from day one• Section 21 "no-fault" evictions will be banned immediately when the bill passes• Court eviction processes require meticulous documentation and evidence to secure possession orders• Anti-social behavior cases will become more challenging without Section 21 notices as a backup option• Rent guarantee insurance provides valuable protection covering legal costs and lost rent during eviction processes• Joint tenancies require clear communication about liability when one tenant wants to leave• The current rental market shows higher rents but approximately 25% less tenant movement compared to previous years• Landlords should review rents, update documentation systems, and consider professional management to navigate new regulations• Specialist property education and support is available through the Education to Action platform at educationtoaction.comConnect with Anthony & Alice https://linktr.ee/homemakerpropsVALUABLE RESOURCES: Let me help you build your property business, Check out how I can support your investing now. Visit https://www.thepropertyunleashed.com/home My Property Investing Community called Property Education To Action, This is the best place to achieve your property goals and build the life you desire. https://educationtoaction.com You can learn and take action on your property goals for just £1 Visit www.educationtoaction.com to explore free Property Ebooks and guides in Rent-to-Rent, Serviced Accommodation, Deal Sourcing, PLOs and more and also our FREE training masterclasses to help you generating a sustainable income through property. https://www.facebook.com/groups/816926952556608 to meet like-minded property investors and be a part of the community. CONNECT WITH ME: Facebook: https://www.facebook.com/mark.fitzgerald.7921Instagram: https://www.instagram.com/markfitzgeraldentrepreneur/Linkedin: https://www.linkedin.com/in/mark-fitzge...
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