![\"Renters\u2019](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/10\/ChatGPT-Image-Sep-30-2026-03_20_23-PM-768x768.png\" "\\"Renters'")
<\/p>\n8:47 AM, 2nd October 2026, 2 days ago <\/p>\n
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Tenants are facing the fallout from the Renters\u2019 Rights Act, with landlords leaving the market and rents rising, according to new research.<\/p>\n
SpareRoom claims, since the Renters\u2019 Rights Act came into force, room rents have reached record highs, while supply has dwindled.<\/p>\n
Data from SpareRoom shows that 78% of landlords in England have no confidence in the rental market following the introduction of the Renters\u2019 Rights Act.<\/p>\n
Landlords are leaving the market<\/p>\n
According to the data, 27% of landlords are leaving the rental market, rising to 44% among single-property landlords.<\/p>\n
More than a third (36%) say they are now reducing the size of their portfolios, rising to 53% among larger landlords. Fewer than 4% say they are expanding their portfolios.<\/p>\n
Matt Hutchinson, director of flatshare site SpareRoom, said tenants are paying the price as landlords leave the market.<\/p>\n
He said: \u201cIt\u2019s still early days for a change that\u2019s supposed to offer a generational shift in behaviour. But for all the good it has done tenants so far, and the end of no-fault evictions and bidding wars has been positive, the Renters\u2019 Rights Act has also battered supply and forced up asking rents.<\/p>\n
\u201cIt\u2019s unlikely this will be resolved any time soon because landlords are still reacting to the changed landscape. Some have told us that while they\u2019re not selling up right now, they don\u2019t plan to re-let when their current tenants leave.<\/p>\n
\u201cWhile landlords have the option to walk away and invest their money elsewhere, tenants don\u2019t. They\u2019re now facing the fallout of a private rented sector that\u2019s deterring those who provide homes.\u201d<\/p>\n
Demand for guarantors surges<\/p>\n