The Renter's Reform Bill is now in effect, marking a big step in how the private rental market is set to change. While the most talked-about shift - namely getting rid of Section 21 ‘no fault' evictions - isn't set to happen straight away, landlords should start preparing now.
Many landlords are not aware of what's coming, or how it affects them.
Here are five key points to help you.
1. The law has passed but changes will take time
The bill is now law, but it won't happen overnight. Section 21 is expected to be removed in April 2026, and that's at the earliest.
The rollout will begin with new tenancies and follow later with existing ones. Some landlord organisations are also asking for a grace period before it takes effect.
2. Landlords may need to rethink their approach
The changes may prompt landlords to reassess their property plans. Some may think about leaving the landlord market altogether, while others might want to adjust their strategy, i.e. choosing more stable tenants or seeking mortgage products with more long-term certainty.
Ask yourself what your goals are, and whether your current setup still fits.
3. There are more updates to follow
The law has set out the framework, but follow-up rules and details are still to come.
This could involve everything from new possession grounds and updated property standards to rules on rolling or periodic tenancies.
Lenders may also adjust their criteria in response.
Right now, many landlords are unsure about what the changes mean in practice. The Renters' Reform Act is a major shift in the UK rental landscape.
Get in touch with our friendly and knowledgeable team for more information.
Some forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority.