Nearly two thirds of landlords are still uncertain about how the Renters Rights Act will impact them, according to new research from Paragon Bank.
When surveying over 500 landlords, the lender found that although 98% were aware of the incoming Act, 73% were still unsure about “some or most” aspects of it.
A substantially lower proportion, 26%, believe they fully understand the details of the Act.
The Renters Rights Act, which received Royal Assent last year, is due to come into effect in May 2026.
Paragon’s research also gauged how prepared landlords are for this and how it will impact their portfolios.
Although three quarters of landlords feel broadly prepared to comply with the new rules, six in 10 acknowledge they will need additional help to do so effectively.
Most commonly, landlords would like clear explanations of how the rules will apply day-to-day, as well as compliance and eviction processes.
There is also strong demand for updates on how the legislation may evolve, guidance on energy efficiency requirements and access to usable templates for tenancy agreements and notices.
“A well-functioning private rented sector depends on regulation that works for both tenants and landlords,” said Lisa Steele, lending director of mortgages at Paragon Bank (pictured above).
“Ensuring landlords fully understand their responsibilities will be critical to delivering the intended benefits of the reforms, while avoiding unintended consequences such as reduced supply or uncertainty among responsible investors.”
