RICS - Royal Institution of Chartered Surveyors

05/17/2023 | Press release | Distributed by Public on 05/17/2023 07:09

RICS comments on the Renters' Reform Bill

The Royal Institution of Chartered Surveyors (RICS) supports the government's goal of improving tenants' protections and the quality of homes in the private rental sector. However, we remain concerned for tenants as to any knock-on effects, as our RICS Residential Survey shows rents continuing to rise alongside the supply of rental properties dropping.

The reforms, therefore, must be delivered in such a way that gives confidence to landlords and does not result in them leaving the sector, further exacerbating the challenges for tenants who are already struggling to find quality affordable homes.

Landlords have stressed to RICS that proposals must be backed by process changes including an improved court process to make it easier for them to take back a property in legitimate cases. The creation of the new property portal is welcome in that it will provide both tenants and landlords with valuable information, however it will require support from Government to get going.

Homes of a good standard benefit all parties, and we welcome the move to improve the quality of homes in the PRS. However, we would like to see joined-up thinking between new EPC measures and decent homes so that landlords can plan for the introduction of both and tenants know what to expect. The delay in the introduction of new energy standards for the private rental sector (PRS) demonstrates the importance of giving landlords sufficient time to prepare and undertake work. Surveyors have a huge role to play in this area, in ensuring that any standard can be applied consistently, providing reassurance for both landlords and tenants. We look forward to working with Government on these issues.


About RICS

We are RICS. Everything we do is designed to effect positive change in the built and natural environments. Through our respected global standards, leading professional progression and our trusted data and insight, we promote and enforce the highest professional standards in the development and management of land, real estate, construction and infrastructure.

Our work with others provides a foundation for confident markets, pioneers better places to live and work and is a force for positive social impact.


For more information

Kris Hicks

[email protected]

[email protected]