VIDEO: Wellingborough Property Market Update – December 2022

The Renters’ Rights Bill has finally become an Act, gaining Royal Assent six years after the then Prime Minister, Theresa May, promised to ban Section 21 evictions. While the long and winding road to rental reform is almost over, the private rental sector didn’t change overnight.

The Renters’ Rights Act 2025 is now law and will bring the biggest changes to the private rented sector in over 30 years. Section 21 is being abolished, fixed-term tenancies are ending, rent increases will be restricted, and new rules on advertising, compliance, pets, and enforcement are on the way. This article breaks down the key dates, what’s changing, and what landlords need to do to prepare.

Private landlords are alive and well – and they are younger than you think. In 2024, analysis completed by the national accountancy group, UHY Hacker Young, found more than 3,000 landlords in the UK were aged 21 or younger. Collectively, they earned more than £66 million from their rental income.