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Any new tenancies will last for a minimum of six years, with annual rent increases capped at 2% or the rate of inflation, whichever is lower. Alamy Stock Photo
The Daily PollDo you rent or own your home?
The new rental rules have officially kicked in.
IT’S SUNDAY, 1 MARCH – and that means the new rental rules have kicked in.
Any new tenancies will now last for a minimum of six years, and landlords can reset the rent of their properties to “market rent” – but only for the new tenancies. Any tenancy agreements predating today will not be affected unless the tenant leaves the dwelling.
It’s a major overhaul of the previous rental rules, and it has attracted criticism for various reasons, from tenants and landlords alike.
So today we’re asking you: Do you rent or own your home?
Poll Results:
Own (8267)
Rent (1838)
N/A (471)
have your say