Letting agents are being urged to take a leading role in preparing landlords and tenants for the major changes ahead under the new Renters’ Rights Act.
Valerie Bannister, technical lettings director at LSL Estate Agency Franchising, warns that with the first changes coming as soon as December, the lettings sector is entering one of the most significant periods of transformation it has seen since the 1980s.
Bannister said: “Now the Renter’s Rights Bill has gained Royal Assent, with changes trickling through as early as December, it’s clear that we’re entering one of the most significant periods of change the private rented sector has seen in decades. With the bill passing, we now have the certainty of what the full extent of these changes and the law will look like moving forward. The reforms will rebalance rights and responsibilities across the market – but they also demand that landlords and letting agents act now to prepare for the law being implemented.
“My advice to agents and landlords is simple: Review, adapt and communicate – and begin these processes now if you haven’t already. Take the time to audit your portfolios, check compliance processes, and ensure documentation and procedures are fully up to date. The move toward periodic tenancies and the phasing out of Section 21 will fundamentally change how we manage lets, so understanding the practical implications early is vital.
“For landlords in particular, now is the time to strengthen relationships with tenants and agents. Open communication, proactive maintenance, and transparency will be key to navigating the new landscape successfully.
“While the changes ahead will undoubtedly require adjustment, with preparation and the right support in place, both landlords and agents can continue to thrive under the new framework. The key is to stay informed and start planning now to reduce the financial risk, not when the law becomes effective further down the line.”
Renters’ Rights Act explained: Key points from new government guidance
