Propertymark One arrived at a time of great uncertainty for agents and landlords alike, which is why it was so useful and reassuring to hear from property professionals. The common thread that linked every talk was the Renters’ Rights Bill, which continues to dominate the headlines, poised to turn the rental sector on its head.
Fixflo attended the presentations held throughout the day to hear what the biggest issues and opportunities are in the industry in this tumultuous time.
Colleen Babcock, Head of Partner Marketing at Rightmove, came armed with statistics and research into current market trends. For example, from 2019 to 2025, supply of rental properties stayed consistent at 33%, while the demand rose by 10%, signifying an undersupply in the rental market.
The Renters’ Rights Bill is an opportunity for letting agents, as:
What do landlords want to know about the Renters’ Rights Bill?
Alex Jeffery (Head of Litigation at Bright Solicitors), Sophie Lang (Director at Lang Llewellyn & Co) and Paul Shamplina (Founder of Landlord Action) discussed the Renters’ Rights Bill and what it could mean for agents and landlords.
Paul stated he doesn’t think there will be many wins with the Bill. He explained that the new Section 8 grounds are not extensive enough, with not enough mandatory grounds being put in place.
The court system is struggling with a lack of high court enforcement officers, meaning everything is slowed. The new norm for rent arrears is one year for enforcement, with having to give 21 days notice, transfer to high court, and get the judge’s discretion taking longer than usual.
While it used to take seconds to grant possession on a Section 21 claim, it now takes as much as 15 to 20 minutes for officials to complete. Shamplina said 31,000 Section 21 claims were issued in 2024, which is why more resources are needed for the court system.
Sophie has been encouraging landlords to implement Section 21 where needed in a “use it before you lose it” mentality. However, her biggest qualm was the gap in student accommodation. She explained that the Bill fails students in more ways than one. Landlords are already beginning to sell up HMOs because of the expected void periods as a result of the abolition of fixed-term tenancies. Otherwise, landlords will likely have to hike up rents to cover these periods, which will have a knock-on effect for vulnerable students.
It’s not all doom and gloom, though. The panellists agreed: agents need to stop underselling themselves. The Bill will only strengthen their positions in the rental sector, so they need to make it clear to landlords that they are there to protect them.
How should agents prepare for the shift away from Section 21 and fixed-term tenancies?
What are the main changes to expect?
Daisy McAndrew, a political journalist known for her work across TV, radio and print, presented to the conference her observations on the politics side of things.
Just the same week as Daisy’s talk, the Chancellor announced the Spending Review. This details the Government’s spending plans, with housing being one of the sectors included. Approximately £39 billion will be invested into the Affordable Homes Programme, which includes social housing.
The Government committed £100m for homelessness prevention and £2.5bn in low-interest loans for social housing providers to support housebuilding.
Also announced was funding for the Warm Homes Plan, a consultation on how to introduce rent convergence, and equal access for social landlords to building safety remediation funding.
With Labour’s promise of 1.5 million homes to be built by 2030, how are they getting on?
The property landscape is undergoing profound change, with the Renters' Rights Bill at its centre. While some aspects may lead to an exodus of landlords and increased pressure on existing stock, property professionals collectively emphasised that proactive, knowledgeable, and client-centric letting agents are best placed not only to navigate these turbulent waters but to emerge stronger, providing essential expertise and reassurance to both landlords and tenants alike.