PropTech platform Goodlord has launched a one hour online course explaining the controversial Renters Reform Bill.
The aim is to equip letting agents with the skills they need to navigate the upcoming implementation - likely to be next year, once the Bill has completed its passage through Parliament.
The course, which is free and CPD-accredited, consists of 10 modules. It can be completed across 60 minutes, either all at once or across multiple sittings.
The content has been designed by Goodlord with insights from legal expert Ryan Heaven, and the head of the Property Redress Scheme, Sean Hooker.
Modules include guidance on how to navigate the abolition of Section 21 and implement the new Section 8 rules; the role and powers of the Property Ombudsman; and what to expect from the new property portal.
The course will also touch on lessons learned from the roll-out of similar legislation in Scotland and Wales, as well as advice on what changes agents should be implementing now, before the bill is passed into law.
The course comes with additional resources which can be shared with colleagues and landlords, as well as a CPD certificate for the individuals who successfully pass the course.
Goodlord’s director of growth Costas Frangeskou comments: “We’re really pleased to launch what we believe is the industry’s first course on the Renters (Reform) Bill - something which is on track to shake up the lettings market when it finally becomes law.
"Being across the details will mean agents can offer further value to their landlords and help them navigate these changes, as well as understand how these reforms will affect their own businesses and ensure they plan accordingly.”
Agents interested in signing-up for the free course can sign-up here.
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It seems premature to have training on a bill which will probably be amended as it goes through Parliament. Then again, maybe a brilliant move by the training provider as they will have to follow up with an update course after the bill is enacted. With the imminent collapse of the private sector, 2.5% of private landlords and 4% of HMO landlords have left the sector in the last 12 months and I hope I’m wrong, there will be a little left of the private sector next year. Will the government still proceed with the renters reform bill I think it’s unlikely. It will be kicked down the road for another year.
Jim HaliburtonTheHMODaddy
I welcome training even at what is an early stage. The RRB is a Trojan horse and very incomplete with many issues stating that the 'secretary of state may introduce regulations to XYZ'. As such the Bill will evolve through amendments & statutory instruments but it's important to understand what exists now and the implications. I agree that there is a possibility it wont happen under the Tory government however, Labour will pick up the reigns. That said, I have met with senior members of government who assured me and others it will happen as they need this in place before they start canvassing on the doorsteps.
Industry expert, you are posting anonymously anf making exaggerated claims.who are you.
Which bit is 'exaggerated?
Hello all this is an under statement not an an over statement i am just about to sell 3 bed house hopefully Monday .i had a advert on Gumtree regarding renting if it fell through, i had 150 applicants in a month none where suitable, 5 years ago i would have had about 10 ,many renters where saying the landlord wanted to sell. 2.5 % is the tip of the ice burg , i have many landlord friends seems they mostly want out !! The renters reform act is the straw that has broken the camels back . Do not trust the the assurances just look what happened in Scotland
Industry expert, who are you and l will explain what is exaggerated ?
What is the point of going on a course where the course does not know what the subject is, because its going to change? Renting a property out two years ago open rent banned me because l had over 150 applications and they said l was data farming. Most of the applicants were on benefits and desperate to get out of council housing, some were very serious con artists,
I posted under an anonymous name as the information I provided was given under Chatham House rules. It’s not exaggerated it’s correct at the time of posting. The course is valid despite the missing content. You may not appreciate how many agents are oblivious to the implications of what has been published.
Industry expert, you are a usefully dupe. What is happening is the Conservative parties business module. That is take something that they don't own and sell it , its happened everywhere. Serco is a good example of them muscling into other parties business, Set up by former government mimister, Norris, its now a home for semi retired Conservatives, and it's going for the prs sector.
How do you give a course on an ambiguous subject.?
It’s not ambiguous. You just don’t understand. Goodlord is providing a valuable service. You still haven’t explained what is exaggerated probably because you can’t. 🙄
Yes I believe the big boys are moving into the PRS one of my relatives worked for a big agents looking after ex MOD property I was told 70% are behind or some stop paying rent , they are welcome to it .The renters reform act will go through so the Tories can try to drag back some voters Labour will amend it so Scotland rules will be similar open ended tenancy you will never be able to sell only at 50% discount to another landlord
I may be wrong Scotland was just a pre run
Duncan Forbes, l don't think the big boys have factored in bad payers or bad tenants. They are still in the glory stage where they are developing and taking notional profits. Almost certainly they will look to unload their investment on a big naive investor, as Per the sub prime crisis . I understand the legal and general have shut down their house building facility.
Industry expert, I've read the Bill and its deliberately ambiguous, in order that lawyers can widen the scope with lots of appeals and ministers can amend it, easily.. (The tories are masters at this, introducing unwanted policies by stealth).
Edwin I agree it will be like the big short unloading toxic investments on the pension funds
Also agree with the bill with lots of holes in it to be exploited by the likes of Shelter Lawers so the little landlord who just wants to have a little pension will be at the mercy of the tenants .
I have spoken unofficially to a senior T people who own there own homes are more likely to vote for them no answer about tenants
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