The no-fault eviction ban could take effect as soon as next summer, fulfilling commitments made by former housing secretary Michael Gove.

Tenants, represented by Generation Rent, have dismissed landlords' concerns, arguing that short-term rentals are more straightforward through platforms like Airbnb.

However, landlords are warning that if the new renters' rights reforms are enacted, they may need to increase rents by up to 10% in high-demand areas.

The Labour party's renters' rights bill proposes a ban on no-fault evictions and sets limits on in-tenancy rent hikes.

Angela Rayner, the deputy prime minister and housing secretary, has highlighted the urgent need for reform to protect renters from unscrupulous landlords and improve living conditions.

To further enhance tenant protections, the reforms will eliminate bidding wars by requiring landlords to publish asking rents and banning higher bids.

Landlords could face fines of up to £7,000 for failing to meet the 'decent homes standard', and blanket bans on renting to families or benefit recipients will be eliminated.

Key changes in the reforms include stricter conditions for landlords to rectify dangerous living conditions and limiting rent increases to once a year at market rates.

The Renters' Reform Coalition has praised the bill while stressing the importance of safeguards against unfair evictions.

Under the proposed legislation, tenants would have the ability to terminate rental agreements with just two months' notice, raising concerns among landlords about income stability.