House of Lords concludes 2nd Reading of the Renters’ Rights Bill

Yesterday 4th February 2025 saw the 2nd Reading of the Renters’ Rights Bill. We knew it would be a significant and crucial milestone in the journey of the Bill.

Baroness Taylor of Stevenage Opened the proceedings by stating :”The private rental system needs to change. It currently provides the least affordable, poorest quality and most insecure housing of all tenures. The insecurity it engenders creates uncertainty in the lives of tenants and allows good landlords to be undercut by the minority of rogues and chancers. In short, the 11 million private renters and the 2.3 million landlords across England are being failed. The Renters’ Rights Bill brings forward the most significant changes to the sector for nearly 40 years. The Bill will strengthen the security of tenure for tenants; ensure that they are paying a fair rent; guarantee a minimum standard that they can expect from a property; provide new robust avenues to redress; and more.”

What followed was just over 4 hours of debate from Peers who presented questions put to them from parties with a vested interest in the PRS. Each Peer declared their interests, a great number, unsurprisingly, are landlords.