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14/7/25 8:13 pm
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In my last blog I gave a short history of how we’ve got to the passing of the Renters Rights Act. Well, now we also have an implementation date 1 May 2026, and it’s time for the industry to gear up and get ready. It’s been a very busy November so far here at HFIS towers as we prepared for that date and focus on what it will really mean for landlords and agents.
We kicked off the month at the National Residential Landlords Association (NRLA) annual conference in Liverpool. As the headline sponsor, we are long-standing supporters of the NRLA and the work they do for the sector. This year’s event was their biggest yet, with more than 1,000 landlords coming through the doors and engaging with speakers and exhibitors.
Given the scale of change coming, the landlords I spoke to were as positive and prepared as they can be. The ones who give up their time to attend conferences and keep educating themselves usually have less to worry about. The real concern is the landlords who do not engage and may find themselves on the back foot as the new regime beds in.
We then had our Property Redress Advisory and Member Panels. We have been running the scheme since 2014 and have evolved the way we engage with industry and our members. Lord Monroe Palmer has been a constant chairing our Advisory Council and now Panel being a wise and engaged peer assisting us over the years. We are very lucky to have the indomitable Eric Walker chairing our Member Panel as an industry veteran and friend of the scheme since we launched. Having engaged individuals coming together and discussing the changes that are coming down the road is both challenging and refreshing. Off the back of these discussions, we will be producing guidance for our members and industry shortly.
I then chaired a LandlordZONE webinar about what landlords need to know about the Renters Rights Act. Special guests were Sean Hooker, Head of Redress at the Property Redress and Patricia Ogunfeibo, a former solicitor turned full-time property developer, mentor and landlord. They shared their take on the government’s recently released guidance and the practical implications for the sector. .
Annoyingly just before we recorded the webinar we received embargoed news of the date of implementation, so we couldn’t specifically say 1 May but we did give some hints. We had over 1,700 people registered with 1,300 logged in so this shows the appetite for information. We did our best to answer the questions that came in and then recorded some extra content after which will all be exclusively available on LandlordZONE.
To round off the month today, Wednesday 26th November, we had Rachel Reeves long awaited budget. There were a lot of concerns leading up to it with leaked announcements. On first glance, although it could have been worse, it doesn’t look great for landlords. There is an extra 2% tax on property, savings and dividend income so landlords will have to pay more. Also, properties worth over £2m will attract a High Value Council Tax Surcharge which is only really an issue for those landlords personally living in higher value properties although some tenants will be renting these properties as well.
LandlordZONE has all the latest news and expert opinion on the Budget. I’ll be back next month with a pre-Christmas blog and, hopefully, a clearer picture of what 2026 is going to look like for landlords and agents.
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