Landlords will be able to pass on the cost of upgrading rental properties to tenants, the Government has admitted. A minister has now said there are grounds for “higher market rents”. Sarah Sackman a justice minister, has now admitted to Parliament that the cost of upgrading properties can legally be passed onto renters, paving the way for significant rises over the next five years. The Renters Reform Bill has now completed its committee stage in the House of Lords – no significant amendments have been made. The “Report Stage” is expected in early June, following which the Bill will return to the House of Commons. It does now seem to be on track to receive Royal Assent before the summer recess starts on 22nd July. We have recently recorded an interview with Louisa Sedgwick Managing Director of Paragon Bank on this which also looks at the proposed changes in the EPC area, which dare I say is an excellent representation of what the bill is setting out to do and the effect on landlords, tenants, and brokers. It is well worth a listen and can be found on our CPD Academy (Focus Session: Buy-toLet). Indeed we have recently had some great contributions from the Bank of England, CIFAS (regarding fraud), and an AI specialist. You can find recordings of many of these sessions on our CPD Academy also, under Fraud Awareness Webinar, and are great for keeping up with market activity and being informed. On the subject of contributions, I would like to thank those lenders and IMLA who have contributed to this newsletter. We have again covered areas that we hope are of interest and perhaps allow you to look at the market or a lender for the first time or to be reacquainted! However, if there are areas you would like us to look at for future editions we would be delighted to hear from you. 07 MORTGAGE NEWSLETTER EVENTS Register Here Paradigm Online: Regional Building Societies & Flexible Lending 8th July 2025 Edinburgh Mortgage and Protection workshop 21st August 2025 Paradigm Online: Complex BTL opportunities 9th September 2025 Southampton Mortgage and Protection workshop 10th September 2025 Paradigm Online: Lender Updates - Mortgage 23rd September 2025 Norwich Mortgage and Protection workshop 24th September 2025
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