Landlords: Spring is in the air – and with the Renters’ Rights Bill just around the corner, now is the perfect time to spring clean your property portfolio!
Spring is the season of renewal – the ideal time to tackle those jobs that were put off over winter. It’s time to clear out the clutter and focus on protecting what matters most. The same principle applies to your property portfolio. With major changes on the horizon, now is the time to safeguard your investments.
For some landlords, this means leaving the private rental sector altogether before new legislation empowers tenants to claim compensation—sometimes exaggeratedly—for issues that could result in significant financial losses.
For others, it’s about restructuring—offloading underperforming properties or those that won’t meet the new EPC Grade C requirements. This could mean raising funds to pay off mortgages on other properties or investing in improvements where it makes financial sense.
Take the EPC requirements, for example. Some older properties can only achieve a Grade C rating with costly internal wall insulation, running into thousands of pounds per property. Even well-maintained homes with modern boilers, insulation, and double glazing can still receive a D rating if assessors deem further improvements possible.
The challenge doesn’t end there—certain properties simply aren’t suited to insulation upgrades due to ventilation issues. Some landlords have already seen mould problems arise after making ‘improvements’, putting them at risk of legal action from tenants. And with ‘no win, no fee’ solicitors eager to take on claims, landlords are increasingly held accountable for issues beyond their control—such as tenants drying washing indoors without ventilation or failing to heat their homes properly.
As energy prices rise and tenants cut back on heating, these problems will only escalate. The passing of the Renters’ Rights Bill will make it even harder to address these challenges, as landlords will have fewer options to remove opportunistic or aggressive tenants without the risk of retaliatory action claims.
With demand for properties at an all-time high and the market still strong, now is the optimal time to sell buy-to-let properties before the expected flood of listings drives down prices.
At Landlord Sales Agency, we can help you sell some or all of your portfolio quickly and efficiently—bypassing lengthy Section 21 eviction waits and avoiding the stress of dealing with tenants yourself. Our expert team manages the entire sale process, ensuring valid certification throughout and working with tenants rather than against them to protect your rental income while the sale progresses.
Leave everything to us and enjoy peace of mind, knowing that your properties, tenants, and rents are in safe hands.
Whether you’re rolling up your sleeves to protect your investments or ready to move on, now is the time to act. Contact Landlord Sales Agency today.