Key Points from the King’s Speech 2024 for Lancaster Homeowners and Landlords – The Lancaster Property Blog



The King’s Speech, delivered by King Charles, outlines the Labour government’s priorities following their recent election win. Here are the highlights for Lancaster homeowners and landlords:

1. Renters’ Rights Bill

This bill aims to improve the private rental sector in England. Key proposals include:

  • Abolishing Section 21 with clearer grounds for possession.
  • Introducing ‘Awaab’s Law’ with specific expectations for landlords.
  • Strengthening tenant rights, allowing challenges to rent increases, and preventing rental bidding wars.
  • Creating a digital private rented sector database.
  • Requiring landlords to consider tenants’ requests to keep pets, with optional insurance against pet damage.
  • Implementing a Decent Homes Standard for rentals.
  • Enhancing local councils’ powers to target rogue landlords.
  • Establishing a new ombudsman service for disputes.
  • Making it illegal to discriminate against tenants on benefits or with children.

2. Planning and Infrastructure Bill

This bill aims to boost housebuilding and infrastructure through:

  • Increasing local planning authorities’ capacity.
  • Modernising local planning committees.
  • Streamlining the planning system for critical infrastructure.

3. Leasehold and Commonhold Reform Bill

Labour plans to extend the Leasehold and Commonhold Reform Act 2024 to provide homeowners with greater rights, including:

  • Addressing ground rent issues.
  • Reinvigorating commonholds.
  • Implementing the remaining Law Commission recommendations.

These proposals are not yet law but outline the government’s future plans. If you have any questions, feel free to contact us on 01524 843322 or you can email me at [email protected].

Thanks for reading

Josh

Josh Heron
Josh Heron – Lettings Director



Posted in Market Research Tagged Buy to Let Lancaster, Labour and the housing market, lancaster house prices, Lancaster letting agennts, Rental homes in Lancaster. Bookmark the permalink.


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