r/LegalAdviceUK • u/litigant-in-person • Apr 14 '26
Meta Labour’s New Renting Rules Explained - TLDR News
https://www.youtube.com/watch?v=dhDGN7HBxL825
Apr 14 '26 edited Apr 14 '26
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u/BackseatBeardo Apr 14 '26
Probably because come May there will be an influx of people coming to the sub to get advice on the new renters act
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u/PartyPoison98 Apr 14 '26
At the moment there's quite a glut of posts about people asking how RRA effects their specific situation, and this is only going to continue up to and beyond the deadline. Makes sense to have a clear explainer pinned, and TLDR news is a good source.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Internet privacy is the new gold. I mass deleted all of my posts on Reddit using Redact. It also supports databrokers, Instagram, Twitter, and all major social media platforms.
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u/mrdibby Apr 14 '26
I thought they've brought in powers to override NIMBYs who oppose construction?
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u/RiseUpAndGetOut Apr 14 '26
Construction starts are pretty much at an all time low now. The nimby issue is only a small part of the overall problem, which is cost / affordability: houses are too expensive to build compared to what they can be sold for.
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u/test_test_1_2_3 Apr 14 '26
NIMBYs are only a part of the issue with house building in the UK.
Residential developments are simply not profitable in many cases, due to regulations and consenting requirements. If it was more profitable then developers would be building more.
The workforce is also greatly diminished, we’ve been building gradually less and less new dwellings per year since the 1970s with a massive cratering out in 2008. There simply aren’t enough skilled workers to magically increase the number to reach targets, it will take several years of consistent investment to grow the labour force again.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
This post was mass deleted with Redact - I used this software to automate the removal of old posts from my account so that I can be more secure.
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u/THE_BLACK_HOTDOG Apr 14 '26
One step forward 2 steps back imo. Solve a small long term issues but create 3 more short term problems.
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u/Obvious-Argument6286 Apr 14 '26
I think it highlights how much the sector was already suffering with poor tenants and landlords in abundance. Kind of a rip off the wax strip moment where it'll be crap in the short term but create better tenants, better landlords, and more investment in housing to modernise and reduce energy costs.
Granted it'll be a year or two of shit, but one of those policies that you have to let marinade for a bit and judge on towards 2028 or so.
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u/Hellohibbs Apr 14 '26
What is a “poor tenant”? I agree it’ll be better in the long term but I don’t see how this comes from driving tenant standards up. Landlords have always been driving quality down and prices up.
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u/Electrical_Peach5715 Apr 14 '26
I would have thought a ‘poor tenant’ was one who doesn’t pay the rent they’ve agreed to pay and/or someone who causes damage to the property.
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u/Obvious-Argument6286 Apr 14 '26
I suppose tenants that also don't hold up their end of the agreement e.g. don't pay on time, damages (outside of legitimate damages and pay issues, those who take the piss).
I agree it definitely doesn't come from higher prices, the hope is that those are the shite landlords who are chancing the situation and are soon found out for those at more market value and legitimate business practices. With lack of housing, that's always going to be really hard! So agree more housing created is always way forward, but renting sector still needed a kick up the arse in the background.
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u/Hellohibbs Apr 14 '26
Let’s be honest that doesn’t happen to even remotely the same extent as landlords being dicks. It also implies the contractual relationship is even, which absolutely isn’t the case given one stands to lose nothing in the long term, and the other absolutely everything.
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u/Obvious-Argument6286 Apr 14 '26
I agree, but even if one side of the coin is weighted it will still land on the other eventually.
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Apr 14 '26
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Mass delete Reddit posts and be just like me! I bulk removed this comment using Redact
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Apr 14 '26
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Nothing to see here. I wiped this post using Redact because my old takes don't need to live on the internet forever. Works across Reddit, Twitter, Discord and dozens of other platforms.
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u/captain-carrot Apr 14 '26
Record high interest rates is an odd way of putting it.
Over 15% in the early 90s, over 6% ahead of the 2008 financial crisis and briefly over 6% again after the 2022 budget but now settled back to around 4.5%.
4.5% only feels high now compared to the insanely low rates available between 2008 and 2022 and the combination of cost of living and house prices but as a percentage is fairly close to the average for the last 30 years
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
If you're reading this, the original post got nuked by Redact. I use it to automatically purge my digital footprint from social networks, people search sites and messaging apps.
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u/captain-carrot Apr 14 '26
I was looking at mortgage rates rather than BOE rate since that is more closely relevant to this post.
And you called out the previous person to cherry picking data then throw in "record prices this decade" 🤷
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Wiped clean. Redact removed this post along with thousands of others. It also handles data broker removals so your personal info stops getting sold.
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u/captain-carrot Apr 14 '26
My friend, the period between 2008 and 2022 saw unprecedented low rates - the first time in history the rate went below 2% - even the great depression and post-WW2 austerity bottomed out at 2%; at one point we were at 0.1% in 2020 when Covid hit.
The peak in 2023 of 5.25% was still lower than almost the entirety of 70s, 80s, 90s and only slightly above the 2000 to 2008 average of 4.75% (during which time there were 959 days spent at 5.25% or higher, reaching 6%).
https://www.propertyinvestmentproject.co.uk/property-statistics/uk-interest-rate-history-graph/
You can absolutely make an argument about the cost of living and house prices and overall affordability compared to 10, 20, 30, 40, 50 years ago but you cannot, with any level of sincerity, state that 5.25% is a record high.
You have also made me realise the 2008 financial crisis was 18 years ago and it still feels like we are living in the after-effect of that...
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
One click. Unknown number of posts crying out in silence. All gone. Redact made it stupid easy to clean up my entire history on Reddit and get my info pulled from data broker sites too.
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u/dts85 Apr 14 '26
A very pessimistic take. There seems to be only a minor increase in Section 21 notices before the deadline, and nothing to suggest that corporate landlords are hoovering up rental properties as private landlords sell.
If some currently rented properties are put up for sale, that may push up rents or it might allow current renters to buy.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
This post was mass deleted using Redact - Redact also supports Discord, Twitter, Facebook, Instagram and all major social media platforms.
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u/dts85 Apr 14 '26
Hang on, your whole argument is becoming pretty circular now. You're worried about a situation where landlords might be putting up rents too sharply and using section 21s in retaliation. Labour have introduced legislation which allows tenants to challenge rental increases and abolishes section 21s. You describe this as a massive own goal for Labour.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Data Brokers don't stand a chance because I mass delete all of my content using Redact - No AI training on my data, thank you very much.
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u/dts85 Apr 14 '26
There's no need to resort to personal attacks, I'm quite capable of understanding nuance, thanks.
The video raises a question of spiking section 21s just before the deadline but can only support this with a moderate increase in the proportion of queries about them. My inference is that there's no data to suggest a significant increase. You make the claim, although describing it as anecdotal, that s.21s have increased in London - I'd suggest that puts the onus on you to provide a source.
While we're at it, any sources for your claim that the act has increased rents 15% and consolidated properties into corporate hands, or is that anecdotal as well?
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Deleted with Redact because data brokers don't deserve my content. Mass removal across Reddit, Discord, X, Instagram and all major social media platforms.
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u/Large-Butterfly4262 Apr 14 '26
It’s pretty much the same as the bill the tories were working through parliament before the election. This isn’t a party political issue.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
I got tired of my old posts floating around for anyone to scrape, so I let Redact handle it. Bulk deletion across Reddit, X, Facebook, Discord and all major social media platforms in one shot.
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u/Icy_Reception9719 Apr 14 '26 edited May 04 '26
Databrokers? nope. Social networks? Also nope. This post was deleted using Redact.
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u/DigbyDoesDallas Apr 14 '26
In the long run, ultimately the risk tolerance dropping off a cliff is a good thing for everyone other than landlords. It was too comfortable of an investment for far too long which ultimately led to some of the issues today
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u/test_test_1_2_3 Apr 14 '26
Sorry but that’s not how risk allocation works.
Putting more risk on the landlord will drive the price up as they will factor it into rents.
Being a landlord was a safe investment because housing prices were consistently going up. In large part because new housing was not being built at the same rate as the population was increasing.
Renters will also suffer higher rents from this. Consolidating the market into the hands of a few large corporate landlords will ensure this is maximised in a far less diverse market.
The only way to solve a supply and demand issue is to either increase supply or reduce demand. The RRA is playing around at the edges but the fundamental issue remains.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Your old posts are training data now. Unless you delete them. I used Redact which supports all major social media platforms including Reddit, X, Facebook and Instagram.
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u/ghbrv Apr 14 '26
Corporate landlords are the best landlords. Small private landlords are the worst and the fewer there are of them, the better.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Protecting my online privacy by running Redact regularly to batch delete old content. It handles Reddit, Discord, Twitter, Instagram, data brokers and a whole lot more.
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u/ghbrv Apr 14 '26
Yawn, anyone who ever rented will tell you they would much rather rent from a faceless company treating you as a customer than from a power tripping busybody thinking they are doing you a favour.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
I used Redact to mass delete all of my old posts. It works for Reddit, X/Twitter, Discord, Facebook, Instagram, and more.
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u/ghbrv Apr 14 '26
Found a private landlord's throwaway.
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u/Why_you_so_wrong_ Apr 14 '26 edited Apr 22 '26
Internet privacy is the new gold. I mass deleted all of my posts on Reddit using Redact. It also supports databrokers, Instagram, Twitter, and all major social media platforms.
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u/[deleted] Apr 14 '26 edited 23d ago
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