Landlord fears ease over Renters Rights Act (apparently)
Summary
The article reports that landlord concern about the Renters Rights Act remains high, but has eased slightly since the reforms came into force. Paragon Bank says the main issues are practical rather than structural, with landlords citing extra administration, notice requirements and possession concerns, while mortgage activity in the buy-to-let sector has continued.
Why it matters
Changes to tenancy law can affect landlord behaviour, portfolio strategy and lending conditions, all of which influence the wider private rented sector. Surveyors involved in valuation, investment advice or landlord-facing work should note the ongoing operational impact and the potential for shifts in rental supply and asset management decisions.
Key points
- 69% of landlords still expect a negative impact from the Renters Rights Act, down from 76% previously.
- More than 60% report challenges including administration, notice requirements and possession concerns.
- Mortgage Advice Bureau arranged 6,790 buy-to-let mortgages worth over £1 billion in the first four months after the Act began.
- Paragon says it has not changed its buy-to-let underwriting approach because of the Act.
- Landlords are increasingly focusing on portfolio structure and longer-term financing decisions.
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