3 Jun 2025
Landlords look to increase rents ahead of Renters' Rights Bill
Research from buy-to-let lender, Landbay, shows that UK landlords are looking at raising rents ahead of the Renter’s Rights Bill which is due to come into force soon.
Due to the upcoming legislation, 44% of landlords said they were anticipating to hike rents. 32% of landlords with mid-sized property portfolios (between 4-10 properties) said they were likely to increase, and 28% with 16-30 properties said they would also.
Almost 9 out of 10 landlords who were surveyed said they would be increasing rents over the next 12 months, with only 11% not planning to raise rents. It appears the South East and North West are likely to be affected most.
The average increase is expected to be around 6% which could mean paying an extra £82 more on average. This is based on the average rent in England being £1,369 (end of December 2024) according to the Office for National Statistics. The Renters’ Rights Bill restricts landlords from being able to increase the rent to just once a year, and it must align with the market rate.
Three-quarters of landlords shared their concerns around regulatory uncertainty, specifically Section 21 no fault-evictions. This could be one of the reasons for the planned rent increases.
Recent posts
Almost one in five equity release mortgages are now taken out to provide financial support to family.
Buyers purchasing properties sooner
2 days ago
According to industry data, the expected wait for those looking to buy a property has dropped from just over 11 months to less than six months.
It is common for your first mortgage payment to be higher than your subsequent monthly payments for two reasons.
What to do just before you get your keys
7 days ago
Firstly, a big congratulations, you’ve now exchanged contracts! After weeks and months of waiting, you are about to move in. What should you do first?
The chancellor will deliver her second budget this autumn. Due to slow economic growth and high inflation, the government need to manage a £40 billion shortfall in public finances. There have already been reports about changes to taxes including income tax and capital gains tax.
Landlords could face a new tax this autumn
29 Aug 2025
The chancellor has advised that landlords could have another tax to pay this autumn as the Treasury decide whether to extend national insurance contributions to rental income.
According to a report in the Guardian, senior ministers have asked Treasury officials to look into a “proportional” property tax to see how it would work as an alternative to the existing stamp duty land tax on owner-occupied homes.
More than a quarter of UK adults in long-term relationships (26%) have reported that despite living together, they keep their finances separate from one another.
More information
Trusted by
