{"id":6101229,"date":"2025-03-13T11:00:40","date_gmt":"2025-03-13T11:00:40","guid":{"rendered":"https:\/\/www.buyassociationgroup.com\/en-au\/?p=6101229"},"modified":"2025-03-17T12:55:00","modified_gmt":"2025-03-17T12:55:00","slug":"renters-rights-bill-prepare","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/renters-rights-bill-prepare\/","title":{"rendered":"Why landlords shouldn\u2019t fear the Renters\u2019 Rights Bill"},"content":{"rendered":"<h2><b>Kate Faulkner OBE explores why landlords need not dread the upcoming Renters&#8217; Rights Bill, and instead use the next few months to get prepared.\u00a0\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The consumer press is full of news about the <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/renters-rights-bill-debate\/\" target=\"_blank\" rel=\"noopener\">Renters&#8217; Rights Bill<\/a> and its impact, focusing on the<\/span> <span style=\"font-weight: 400;\">additional rights it grants tenants. Meanwhile, the property and trade press aimed at anyone<\/span> <span style=\"font-weight: 400;\">lettings services or owning a property are focusing on the potential horror scenarios of the Bill,<\/span> <span style=\"font-weight: 400;\">mainly caused by the loss of rights for landlords, most notably, the abolition of <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/eviction-changes-law\/\" target=\"_blank\" rel=\"noopener\">Section 21<\/a><\/span><span style=\"font-weight: 400;\"> \u201cno-fault\u201d evictions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, it\u2019s true that the Renters&#8217; Rights Bill will be a big change\u2014for both tenants and landlords. Landlords will<\/span> <span style=\"font-weight: 400;\">lose some rights, making letting property in England more difficult and risky. And, on the<\/span> <span style=\"font-weight: 400;\">surface, for many tenants, their life as renters will get just that bit better \u2013 provided they can<\/span><span style=\"font-weight: 400;\"> secure a rental in what is likely to be an increasingly competitive market.\u00a0<\/span><\/p>\n<h3><b>Will the Renters\u2019 Rights Bill make letting more difficult?\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">For those landlords who let a property legally and safely, treat their tenants well, and intend to<\/span> <span style=\"font-weight: 400;\">be \u2018landlords for life\u2019, once the changes have been implemented, while compliance may become<\/span> <span style=\"font-weight: 400;\">more demanding and the risk slightly higher, <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/buy-to-let-resilient-invest\/\" target=\"_blank\" rel=\"noopener\">long-term landlords<\/a> could see stronger returns as<\/span><span style=\"font-weight: 400;\"> reduced landlord numbers drive <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/uk-rental-balanced-demand\/\" target=\"_blank\" rel=\"noopener\">rental demand<\/a> higher.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if you\u2019re an accidental landlord\u2014especially one managing a property without<\/span> <span style=\"font-weight: 400;\">professional support\u2014the message from the government is clear: either work with a qualified<\/span><span style=\"font-weight: 400;\"> letting agent or consider selling up.\u00a0<\/span><\/p>\n<h3><b>Landlords have adapted before\u2014and will again\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The reality is, as landlords, we are used to seismic changes and we\u2019ve managed to survive<\/span><span style=\"font-weight: 400;\"> them to date, despite the many worries and fears expressed at the time.\u00a0<\/span><\/p>\n<p><b>Over time, we\u2019ve survived:<\/b><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> The introduction of the <\/span><b>Housing Health and Safety Rating System (HHSRS) <\/b><span style=\"font-weight: 400;\">with its 29<\/span> <span style=\"font-weight: 400;\">compliance rules<\/span><\/li>\n<li><b> Handing over deposits to licensed tenancy deposit protection schemes<\/b><\/li>\n<li><b>Right to Rent checks<\/b><b><\/b><\/li>\n<li><span style=\"font-weight: 400;\"> The complexities of <\/span><b>GDPR compliance<\/b><b><\/b><\/li>\n<li><b> HMO licensing requirements<\/b><b><\/b><\/li>\n<li><b> Minimum EPC ratings<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">On top of all these changes, for a time, we even managed to navigate our way through 47<\/span><span style=\"font-weight: 400;\"> changes made to regulations \u2013 at speed \u2013 during Covid.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, financially, the changes over the last few years have been brutal:<\/span><\/p>\n<ul>\n<li><b> Section 24 tax changes, meaning landlords pay tax on rental income rather than<\/b> <b>profit<\/b><b><\/b><\/li>\n<li><b> Increases in Stamp Duty Land Tax (SDLT)<\/b><b><\/b><\/li>\n<li><b> Reduction in Capital Gains Tax (CGT) allowances<\/b><b><\/b><\/li>\n<li><b> Soaring mortgage rates<\/b><b><\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">If we can adapt to all of these changes and still find a way to succeed, we can, albeit with a lot<\/span> <span style=\"font-weight: 400;\">of preparation, continue to provide much-needed roofs over people\u2019s heads after the Renters&#8217; Rights Bill <\/span><span style=\"font-weight: 400;\">becomes an Act.\u00a0<\/span><\/p>\n<h3><b>How can landlords prepare for the Renters&#8217; Rights Bill?\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Whether you need new property investment strategies, financial planning, legal support,<\/span> <span style=\"font-weight: 400;\">compliance guidance, or energy efficiency support, working with industry experts will help you<\/span><span style=\"font-weight: 400;\"> manage these changes effectively.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s why events like the Landlord Investment Show on <\/span>19th March 2025 <span style=\"font-weight: 400;\">at <\/span>Old Billingsgate, London<span style=\"font-weight: 400;\">,<\/span> <span style=\"font-weight: 400;\">are invaluable. Organised by Tracey and Steve Hanbury, this event brings together<\/span> <span style=\"font-weight: 400;\">genuine experts who will help you make informed decisions for yours and your property\u2019s future.<\/span><span style=\"font-weight: 400;\"> Register for your free tickets to the National Landlord Investment Show on 19th March <\/span><a href=\"https:\/\/www.landlordinvestmentshow.co.uk\/19-march-london\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><b>Key takeaway: <\/b><span style=\"font-weight: 400;\">While the Renters\u2019 Rights Bill will reshape the lettings landscape, proactive<\/span><span style=\"font-weight: 400;\"> landlords who seek expert guidance will continue to thrive.\u00a0<\/span><\/p>\n<hr \/>\n<h4><b>Written by Kate Faulkner OBE\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Kate Faulkner OBE<\/span> <span style=\"font-weight: 400;\">is one of the UK\u2019s leading property experts. She is passionate that most of the problems in the residential property market can be solved if the media, industry and government worked together to educate consumers on how to carry out property projects. To aid this, Kate has set up a free consumer education site <a href=\"https:\/\/www.propertychecklists.co.uk\/\" target=\"_blank\" rel=\"noopener\">Propertychecklists<\/a> and working groups for Home Buying and Selling and The Lettings Industry Council which are attended by DLUHC.<\/span><\/p>\n<h4>About the National Landlord Investment Show<\/h4>\n<p>Established in 2013, the National Landlord Investment Show connects thousands of landlords, investors and property professionals throughout the UK and is a beacon for anyone with an interest in buy-to-let or the private rented sector. The National Landlord Investment Show is set to return to Old Billingsgate, London, on Wednesday 19 March 2025, marking it&#8217;s milestone 90th live show with exclusive panels on important topics affecting the property sector including the Renters&#8217; Rights Bill, New Investors and Women in Property, plus a full day of networking with 100+ property service providers and 50+ seminars with expert key speakers. To find out more, <a href=\"https:\/\/www.landlordinvestmentshow.co.uk\/19-march-london\" target=\"_blank\" rel=\"noopener\">visit the website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kate Faulkner OBE explores why landlords need not dread the upcoming Renters&#8217; Rights Bill, and instead use the next few months to get prepared.\u00a0\u00a0 The consumer press is full of news about the Renters&#8217; Rights Bill and its impact, focusing on the additional rights it grants tenants. Meanwhile, the property and trade press aimed at<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-au\/news\/renters-rights-bill-prepare\/\" title=\"ReadWhy landlords shouldn\u2019t fear the Renters\u2019 Rights Bill\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":4226,"featured_media":6101233,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,676,59,6],"tags":[735],"class_list":["post-6101229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buy-to-let-landlords","category-guestposts","category-trending-news","category-uk-housing-market","tag-renters-rights-bill"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6101229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/4226"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=6101229"}],"version-history":[{"count":5,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6101229\/revisions"}],"predecessor-version":[{"id":6101251,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6101229\/revisions\/6101251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/6101233"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=6101229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=6101229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=6101229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}