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Propertymark welcomes the announcement of millions of pounds in additional financial support to help councils identify non-compliant landlords, improve housing standards, and ensure tenants are protected under the new legislative framework. It is vital that this funding is sustained and used strategically to build long-term capacity, not just for short-term fixes.
The UK Government has published draft regulations introducing a new disclosure regime for land agreements that give control over development without transferring ownership. The rules, which will apply in England and Wales, stem from the Levelling-up and Regeneration Act 2023 and are expected to come into force on 6 April 2027.
Whilst it is best practice for letting agents to review their Terms of Business ahead of the reforms kicking in, especially if they are making changes to the type of services they offer to clients, there is no requirement for these business-specific documents to be formally Renters’ Rights compliant.
Historically, many agents relied on predictable fee structures such as renewal fees, contract reissues, and negotiation charges tied to fixed-term tenancy cycles. These touchpoints will largely disappear as renewal events no longer occur in the same way, and rent increases follow a statutory process rather than negotiation. Professional letting agents should seize this opportunity to redesign service level fee schedules around ongoing value, professional advice, and compliance expertise.