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The Guardian - UK
The Guardian - UK
Business
Robert Booth Social affairs correspondent

Landlords warn they may raise rents in response to Labour’s renters’ rights bill

red and purple to let signs outside a brick building, with greenery between them
The bill will ‘rebalance the relationship between tenant and landlord’, said Angela Rayner. Photograph: Yui Mok/PA

Landlords are warning they may raise asking rents in high demand areas if long-awaited reforms unveiled in parliament on Wednesday turn parts of the private rented sector into “Airbnb Lite”.

A ban on no-fault evictions and brakes on in-tenancy rent rises in England will be among key changes in Labour’s renters’ rights bill, as first revealed last week by the Guardian. But landlords are warning of up to 10% hikes if expected flexible tenancies mean tenants can walk away from deals in just two months.

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