Brokers told to prepare for major law change in rental insurance sector
Brokers have been told that a major change in the law in property will also affect the insurance market.
The government introduced The (Renters) Reform Bill on 17 May, a key piece of legislation, according to Arc Legal Group strategic director Richard Finan.
An important part of the legislation is the abolition of Section 21. This was the section that allowed landlords to evict tenants once their contract had come to an end.
Under the proposed new legislation, this section would be abolished.
It means the ending of fixed-term tenancy contracts, and only the tenant can give two-months’ notice if
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