Write to your MP
With the demand for rental housing surging nationwide, any legislative changes must be carefully considered to support, rather than hinder, the sector. Policies must strike a balance that encourages landlords to remain active in the market while attracting new investors to supply the much-needed rental properties that communities depend on. Propertymark has a Renters’ Rights Bill Toolkit which provides information, guidance, training, handy templates to prepare for the future and resources to contact your MP to inform them of your concerns.
What's next after the report stage concludes?
Following the Report Stage, the Bill will immediately proceed to its Third Reading in the Commons. After approval, it will advance to the House of Lords, where it will undergo similar scrutiny stages. Should the Lords propose further amendments, the Bill will return to the Commons for consideration, continuing this process until both Houses reach an agreement.
Renters' Rights Bill
The Renters’ Rights Bill was introduced to the UK Parliament on 11 September 2024, will ban Section 21 evictions, and introduce a new tenancy regime and new requirements for property standards and rent increases.
A reminder of the Bill’s significance
Introduced to Parliament on 11 September 2024, the Bill will significantly reform the private rented sector in England. Key provisions include the abolition of Section 21 'no-fault' evictions, the removal of fixed-term tenancies, and the introduction of a new tenancy regime with enhanced property standards and regulations on rent increases.
Forewarned is forearmed on Renters' Rights Bill say Propertymark expert panel
In the second of our series of webinars considering the potential impacts of the new legislation on agents and their businesses, one central message came across clearly - record-keeping will be of paramount importance once the Bill is enacted, and agents can use this time to prepare. Propertymark has developed a complete package of support to help property agents adjust and will continue to evolve our advice as the Bill progresses.
Representing our members
Propertymark has consistently expressed concerns to policymakers regarding the Bill's potential impact on the rental market. Apprehension about the removal of fixed-term tenancies and the readiness of the court system to handle disputes following the abolition of Section 21 has been highlighted during the committee stage, also worries have been put forward that these changes may lead landlords to exit the long-term rental market in favour of more profitable short-term lets, potentially exacerbating the existing shortage of rental properties.
Propertymark highlights the positive role of agents in Renters' Rights reform
Giving evidence to the first session of the Renters’ Rights Bill Committee on 22 October 2024, our Head of Policy and Campaigns, Timothy Douglas, demonstrated the value of engagement from our 18,000 members and raised several key areas where amendments should be made to ensure the Bill is fit for purpose. We will continue to share members’ insights and concerns about the legislation and advocate for balanced measures that protect renters while supporting landlords in offering safe, high-quality homes.
