New Renters’ Rights Bill Brings Clarity and Challenges for Landlords

MPs have approved the Renters’ Rights Bill, moving it closer to becoming law and bringing new clarity to the buy-to-let sector. The legislation introduces major reforms to the private rental market, including the abolition of “no-fault” evictions under Section 21, limits on rent increases, and stricter property standards for landlords. The bill is expected to provide greater regulatory certainty after years of shifting policies, though it also raises concerns among landlords and mortgage brokers about how the new rules could affect profitability and long-term business models.

Brooklyns Financial director, Harps Garcha, said that, as a result of the legislation, smaller landlords will feel the pressure first.

“They will need to be more selective with tenants and think carefully about long-term cash flow and maintenance costs when agreeing rents each year,” she advised.

“Larger landlords will be better placed to absorb the impact, as any shortfall in one property can be spread across the wider portfolio.”

Garcha also described the bill as being a “genuine turning point” for the sector and suggested that mortgage brokers should already be speaking with landlord clients about how these changes could affect their finances and future plans.