What is a Guaranteed Rent Scheme and Is It Right for You?
November 2, 2024
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TL;DR
The Renters’ Rights Bill is scheduled for its final House of Lords stages on 1 July 2025. This includes the Report Stage and likely the Third Reading. Royal Assent is expected before 22 July 2025, making the bill law by summer. Landlords should prepare now for sweeping changes in eviction rules, rent limits, housing standards, and compliance obligations.
What’s in This Article:
- New Report Stage Date: 1 July 2025
- What the Report Stage Means
- Royal Assent and Implementation Timeline
- Final Amendments to Watch
- What Landlords Must Do Now
- How Guaranteed Rent Can Protect Your Income
Renters' Rights Bill Report Stage Set for 1 July 2025 – Latest Update for Landlords
The Renters’ Rights Bill (formerly the Renters Reform Bill) is entering its final stages. On 13 June 2025, the House of Lords confirmed that the Report Stage and likely Third Reading will take place on 1 July 2025. Once complete, the bill will return to the Commons for final agreement and is expected to receive Royal Assent before Parliament’s summer recess on 22 July.
This bill will overhaul the UK rental sector. Here’s what landlords need to know now.
What Happens at the Report Stage?
The Report Stage is one of the final opportunities for Lords to review and suggest amendments to the Bill.
Most major debates occurred during the Committee Stage. What remains now are:
- Technical amendments
- Wording changes
- Clarification of implementation dates
If significant disagreement arises, the Bill could return to the Commons for minor adjustments. However, most core reforms are aligned between both Houses.
Key Dates and Legislative Timeline
| Stage | Date |
|---|---|
| House of Lords: Report & Third Reading | 1 July 2025 |
| Commons Final Agreement | Early July 2025 |
| Royal Assent | Before 22 July 2025 |
| Initial Implementation | Oct 2025 – Jan 2026 |
| Full Rollout (Decent Homes, Awaab’s Law) | By 2027 |
Final Amendments to Watch
Some changes could still be introduced or finalised at the Report Stage:
- Timeframes for landlord registration and ombudsman scheme
- Final enforcement wording on Awaab’s Law and 24-hour repair response
- Clarity on Section 8 eviction grounds after the removal of Section 21
- Updates on rent tribunal processes
Landlords should follow the next few weeks closely.
What Landlords Should Be Doing Now
The law is nearly locked in. Start preparing today:
- Audit your tenancies: Most will convert to periodic agreements
- Review rent increase policies: One increase per year, two months’ notice
- Update damp and mould response: Repairs must meet Awaab’s Law timelines
- Get compliance-ready: You will need to join the landlord register and ombudsman
Why Guaranteed Rent is a Smart Strategy
Citywide Housing’s guaranteed rent scheme offers stability while the rental sector changes:
- You get paid every month, whether the tenant pays or not
- No voids, no arrears, no management stress
- We handle all compliance, inspections, and documentation
The confirmation of the Report Stage on 1 July 2025 signals the final chapter in this major reform. Landlords must stay ahead of the law, not react after the fact. Guaranteed rent ensures your property is compliant, occupied, and consistently earning.
Book your free guaranteed rent consultation and prepare your portfolio for a post-Section 21 world.
FAQs About Guaranteed Rent for Leeds Landlords
Our leases typically last between 3 to 5 years, offering landlords long-term stability.
Even if your property is vacant, you will still receive guaranteed rent payments.
Yes, you can sell your property at any time, but your guaranteed rent payments will continue until the end of the lease agreement.
Contact us for a free property assessment and see how our guaranteed rent scheme can benefit your Leeds property.
How to Get Started with Citywide Housing Group
If you’re ready to secure fixed, reliable income with no voids or arrears, it’s time to join the growing number of landlords in Leeds benefiting from guaranteed rent schemes.
Contact Citywide Housing Group today to schedule your free property assessment and discover how we can help you unlock the potential of your property.
For more information, visit Citywide Housing or call us at 0113 323 0678.
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