Simon Lambert

It's been a long time coming and it's been in various forms over successive governments.

The idea that tenants need more rights to help shift the balance of power more into their favour and away from landlords.

Renting can be a great experience for people.

You get wonderful landlords.

You get great letting agents.

You get great tenants.

But you can also get bad landlords, bad letting agents, and bad tenants.

And I think that it takes two to tango.

You have to remember on this.

And I can see this from both perspectives.

But before I'll talk about that in a bit when we go on to the what do we think about this thing?

But firstly, what's in it?

Basically, it's become law today, May the 1st, and it is the biggest upgrade to renters rights in a generation.

Now, the big thing here is, firstly, it is the end of what's known as assured short-hold tenancies, so fixed-term tenancies, the 12-month tenancies that people commonly sign up to.

It used to be that you signed up to a six-month or a 12-month, but it's more often now you sign up to a 12-month or an 18-month or a 24-month even.

And from this point on,

That won't happen.

Instead, there will be periodic or rolling tenancies that tenants are signed up to and they will be able to leave with two months notice.

So they can give their landlord two months notice.

They don't have to wait a year and then give notice or leave at the end of that fixed term.