Landlord concerns about the Renters’ Rights Act have decreased slightly in the four months since its implementation, though the majority still anticipate negative impacts on their business operations, according to research by Paragon Bank.
The Act, which came into force in May 2026, abolished no-fault evictions and converted all tenancies to rolling contracts. Prior to implementation, 76% of landlords surveyed believed the legislation would negatively affect their lettings activity. This figure has since fallen to 69%.
Buy-to-let lending remains active
Despite initial concerns, market activity has continued. Mortgage Advice Bureau reported writing over £1 billion in buy-to-let lending between May and August 2026, suggesting landlords are maintaining investment levels rather than exiting the market.
The figures align with broader market trends, including rising rental values amid supply constraints in certain segments of the market.
However, more than 60% of landlords continue to report practical difficulties implementing the new requirements. The most frequently cited challenges include increased administrative burdens and uncertainty around new notice procedures, while concerns about the eviction process persist.
Portfolio reassessment underway
Rachel Geddes, Strategic Lender Relationship Director at Mortgage Advice Bureau, noted a shift in landlord priorities. “Four months on, the conversations we’re having with landlords have shifted – it’s less ‘what does the Act actually say’ and more ‘what does this mean for how I run things going forward?'” she said.
Geddes indicated that landlords are reviewing their portfolio structures and financing arrangements in light of the regulatory changes. “The landlords who are adapting well tend to be the ones who saw this as a moment to review their whole approach, not just react to one piece of legislation,” she added.
She characterised the current environment as requiring more careful decision-making than in previous years, stating that “steady lender appetite, and strong tenant demand all point to buy-to-let remaining a sound long-term investment.”
Market outlook
The data suggests the buy-to-let sector is adjusting to the new regulatory framework rather than contracting sharply, though operational challenges remain widespread. The lending figures indicate continued institutional confidence in the sector, even as individual landlords navigate increased compliance requirements.
The research provides an early indication of market response to the legislation, though longer-term impacts on landlord retention and new market entrants remain to be seen.
