Chat 1

The Renters (Reform) Bill 2023

31st May 2023

The Renters (Reform) Bill was introduced into Parliament on 17 May 2023 and will deliver a fairer, more secure, and higher quality private rented sector for both tenants and landlords.

It is a proposed piece of legislation that has the potential to transform renting for good. The main proposals in the bill are to: 

  • Scrap section 21 ‘no fault' evictions. 
  • Create a register of landlords. 
  • Introduce a private rented ombudsman to help enforce renters' rights. 

The Renters (Reform) Bill is expected to bring about many changes for tenants and landlords alike.  While the exact extent of these changes is not yet known, landlords can expect there to be wide-ranging changes to eviction practices that will affect how they can regain possession of rented properties. 

However, a potential unintended consequence of the Renters’ Reform Bill could be more landlords leaving the buy-to-let market due to an increased legislative burden and rising costs.  This may also discourage new landlords from entering the sector. 

According to the National Residential Landlords Association, around a third of landlords in England and Wales were already planning to cut the number of properties they rent out at the beginning of this year, up by 20% from 2021.  

One solution to the typical BTL strategy is the supported living and social housing models where landlords have a lease arrangement rather than an AST which means greater control for landlords. 

If you would like to know more about how this strategy could work for you and your existing portfolio simply go to our website, or for more details email us at 

If you would like to read more about the bill, then please follow the link below.

Related News

20th February 2024

Investing in Children's Homes: A regulated, but very rewarding opportunity

Investing in homes for children in care is unique and different from regular property investing. It is highly regulated, and you have to go through a lot of hoops, but it can also be very rewarding if done properly.

Read the article >
2nd February 2024

Local council looks to the private sector to save £m’s on temporary accommodation

Liverpool City Council is looking to the private rented sector (PRS) to alleviate the cost of temporary accommodation to support families facing homelessness which has risen by an incredible 10,000% in five years. This dramatic increase demonstrates that the demand for property, not just in Liverpool but across the UK, has reached a crisis point.

Read the article >
4th January 2024

Mutual due diligence creates strong supported living partnerships

When entering a supported living arrangement, just like any other business relationship, we strongly recommend that thorough due diligence is essential for both care providers assessing landlords and landlords assessing providers and any other third parties that may be involved such as Housing Associations. 

Read the article >
15th December 2023

How private landlords can help solve the homelessness crisis

As the winter season is upon us, the homelessness crisis in the UK is deepening. This issue was discussed in an Inside Housing article where they highlighted that there has been a 6.8% increase in households facing homelessness or at risk of it compared to the previous year.

Read the article >