Grainger welcomes UK Renters' Rights Bill, sees boost to sector

Grainger PLC on Monday welcomed the passage of the UK Renters’ Rights Bill through the House of Commons, saying the reforms strike the right balance between improving security for tenants and maintaining an attractive market for long-term investors.

The bill, which now moves to Royal Assent before expected implementation in 2026, introduces sweeping changes to the private rented sector, including the abolition of no-fault evictions, open-ended tenancies, and a national decent homes standard.

Grainger Chief Executive Helen Gordon said the company ‘welcomes the passage of the Renters’ Rights Bill, which we believe will raise standards across the private rented sector while ensuring the market remains attractive to long-term, responsible investors.’

‘The abolition of no-fault evictions, when coupled with court reform and robust processes for addressing poor tenant behaviour, strikes the right balance between improving security for renters and protecting communities,’ Gordon added.

Gordon also praised the government’s decision to rule out rent controls, saying that keeping rents aligned to the open market ‘provides stability for investors and landlords, while ensuring reforms deliver stronger rights and greater confidence for renters.’

The Newcastle-upon-Tyne, England-based residential landlord said the reforms align closely with its build-to-rent business model. The company added that its existing standards and policies already comply with much of the new framework.

The firm said the bill also acknowledges the build-to-rent (BTR) sector as a key part of future housing policy, noting that wider government efforts to boost housing supply and streamline planning would create a ‘supportive regulatory environment’ for growth.

Grainger shares were flat at 195.20 pence in London on Monday morning.

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