After the Labour Party’s general election victory, Sir Keir Starmer is busy assembling his new government and here at Pure we have been wondering what does this mean for the future of landlords and the private Rented Sector?

These main items to consider include:

  • rising costs – higher mortgage costs and significant tax changes have reduced returns for many landlords – What happens now?
  • rental reforms – plans to scrap Section 21 evictions were part of the Labour manifesto so suspect the bill will continue its journey through parliament.  Our view however is this is no time to panic for the conscientious landlord.  Labour also propose a cap on unreasonable rent increases which in our view is fair.
  • rental housing supply – an imbalance of rental supply and demand has led to unsustainable rent rises for tenants in some parts of the country.  Are rent controls on their way?
  • energy efficiency – plans to increase minimum energy efficiency standards in rental properties were scrapped in 2023, but Labour may look to review this.

The new prime minister has said that the general election was all about ‘change’ and with a strong majority in place, the Labour Party will now look to act on their manifesto pledges.  

As the dust settles on the general election, we will be paying close attention to how the Labour party plans to address any issues affecting the rental market and how these may affect our landlords.   Watch this space for further updates and rest assured we will be on hand to navigate our way through any new legislation. 

If you have any questions or concerns regarding any upcoming changes in the PRS please feel free to contact Lee Bilbrough –