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Book AppointmentAgents Afraid – Renters Reform Bill anti-rental policies alarm professionals
Data commissioned by Propertymark has found that 50% of agents are concerned about the Renters’ Rights Bill that tomorrow reaches Report Stage in the Commons.
Some worry is that once the Bill becomes law it will add more administrative burdens to letting agents, including ensuring landlords are aware of these upcoming changes, and the wider impact on the sector.
Some 12% were also concerned about Stamp Duty changes taking place from April 2025, another 12% worried about Energy Performance Certificate reforms, and 7% about landlords exiting the market.
Some 3% of agents were anxious about each of: the Budget; leasehold and commonhold reform; decreases in homebuying and selling; decreases in tenants; and interest rate changes.Finally, 1% of agents were concerned about: a possible Spring Budget; the Planning and Infrastructure Bill; surges in homebuying and selling; and surges in tenant numbers. Letting Agent Today
