The National Landlord Investment Show was held at Old Billingsgate in London last month and saw a huge turnout of landlords and industry professionals. The event saw landlords and property professionals converging not just to exchange pleasantries but to gauge the shifting political landscape that promises considerable upheaval.

Among the event’s more prominent discussions was the contentious Renters Rights Bill. Paul Shamplina, founder of Landlord Action, provided sharp insight into what these proposed legislative changes might mean in practice. He said, “Without a doubt, court reforms are essential to manage the rising number of Section 8 cases due to the removal of Section 21. If not properly planned, this could overload an already overburdened legal system, causing delays and inefficiencies that ultimately harm both landlords and tenants.”

Sean Hooker, Head of Property Redress, took a different but equally crucial tack, emphasising the importance of positive landlord-tenant relationships, and how the Property Redress aids in resolving disputes fairly and efficiently, a sentiment enthusiastically received by an audience increasingly wary of regulatory pitfalls.

Not only did they engage directly with the sell-out crowd of landlords and address key issues, but they also shared their professional views on the ever-evolving Renters Rights Bill, and the potential impact it will have on the industry. When passed, the Bill is expected to have a significant impact and implications on landlords.

When asked how scrapping Section 21 ‘no-fault eviction notice’ from the Renters Rights Bill could affect landlords, Patricia Ogunfeibo – Landlord and Founder of Property Money Tree said that she believed that abolishing Section 21 could limit landlords' flexibility, increase eviction costs, and create more financial uncertainty, especially for smaller investors.

The Independent Landlord, Suzanna Smith exclaimed that “Landlords just can’t wing it anymore! They need to understand what’s in the Renters Rights Bill, and they need to understand that they are liable if something goes wrong; authorities can fine them up to £7,000, or even up to £40,000 if they offend more than once.”

Critics argue that the Renters Rights Bill focuses more heavily on protecting tenants’ rights, including changes to eviction processes and rent increases. However, landlords will still be able to manage their properties, but with more oversight and regulations to make sure tenants are treated fairly.

The annual event allowed for meaningful conversations and was used as a platform for landlords to openly express concern and stay up to date with all the latest developments in property law.

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