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Southampton landlords exit market ahead of new legislation

Landlords in Southampton are increasingly withdrawing from the rental market and issuing no-fault evictions ahead of the Renters’ Rights Act coming into force on 1st May, according to statements made at a recent council meeting.

Cllr. Dave Shields, Chairman of the housing scrutiny panel, told the meeting: “I suspect, from my experience, there is an increase in the number of people receiving no-fault evictions. I wonder if that is linked to the fact that landlords are clearing the decks before the Renters’ Rights Act comes in.”

Maria Byrne, Head of Housing Need and Support at Southampton Council, confirmed the observation, stating: “I think your reflection is accurate. We are starting to see an increase in landlords exiting the market, whether that is single landlords potentially with one property, maybe thinking this is complex and maybe don’t want to be in it anymore.”

Council response

Despite the trend of landlord withdrawals, Byrne suggested the legislation could provide greater stability for tenants. The council is preparing for increased demand for advice and support services as the implementation date approaches.

“We can’t just solely rely on social housing. That’s not something we can do, and we really want to work with the private rented sector more,” Byrne added.

According to the Daily Echo, Southampton Council has updated its website with guidance on the new legislation for both landlords and tenants. Council staff are receiving training to ensure residents receive accurate advice about their options under the new regulatory framework.

Market implications

The withdrawal of smaller landlords from the market ahead of the Renters’ Rights Act implementation could reduce rental property availability in Southampton and similar coastal areas. The trend raises questions about housing supply in the private rental sector as local authorities acknowledge their inability to meet demand through social housing alone.

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