"The Bill is like using a sledgehammer to crack a nut".
This was the overriding sentiment at the Junior Property Litigation Association's packed session on the Renters' Rights Bill on day 2 at UKREiiF 2025.
Panellists
- Rachael Studman, Chair of the Junior PLA and Senior Solicitor at Brodies LLP Solicitors (moderator)
- Brynmor Adams, Barrister, Exchange Chambers
- Alexandra Selka, Senior Associate, BCLP
- Rachel Hanniquet-Brooking, Managing Director, Apo Group Ltd
Our panel discussed the developments around the Bill and the likely impact on different stakeholders and understand how to best manage risk.
Key takeaways:
- The private rented sector consists of a mix of different sub-markets and stakeholders, all with varying priorities and concerns. The Bill fails to adequately cater for this – in many ways it reflects a “one size fits all” approach, with the exception of certain types of student housing.
- Smaller landlords are likely to suffer most from the increased regulation, whereas larger professional landlords will re-model and adapt. If non-compliant landlords leave the sector, this is good for all.
- The Bill is complex and there remains much uncertainty over the timing and detail of the secondary legislation. The Bill is expected to receive Royal Assent by July 2025, with commencement following later in the year.
- Better quality, safer homes for renters is welcome and good for the wider economy.
The archetypal renter will benefit from Bill and the increased security it offers. But at what cost? We are likely to see rents go up across the sector.
👀 Watch out for more from the PLA as this radical piece of legislation makes its way through Parliament.