Housing
Sitting tenants to be offered first right of refusal to buy rental properties under new laws
Proposed measures will significantly boost sitting tenants’ rights
New legislation will require landlords selling a property to give their tenant a 90-day window to bid on the home as a first right of refusal.
The new measures proposed will also significantly boost sitting tenants’ rights, with landlords also required to offer them a chance to match the final private market price agreed for a home if their bids in the first 90 days are unsuccessful.
The detail was included in a draft version ...