Understanding the Renters (Reform) Bill: An Overview of Likely Changes

Following its Third Reading in the House of Lords on 21 July 2025, only minor drafting amendments were made to the Renters (Reform) Bill (‘the Bill’), signalling the Lords’ broad approval of its substance.

If the Bill is given Royal Assent in its current form — with no last-minute policy reversals when it returns to the Commons on 8 September 2025 — it will mark the most significant overhaul of tenancy law since the Housing Act 1988.

This article outlines the key reforms envisaged by the Bill to help landlords, tenants, and investors prepare for the changes ahead.

Leasehold Reform

The Leasehold and Freehold Reform Act 2024

The Leasehold and Freehold Reform Act 2024 (LaFRA) represents a significant shift in property ownership laws in England and Wales, aiming to enhance the rights of residential leaseholders, this being flat and house owners.

While it received Royal Assent on 24^th May 2024 only a few provisions were brought into effect then, and it wasn’t until the end of January that the first change relating to enfranchisement rights came into effect. This was the removal of the requirement to have owned your flat or house for two years before you could claim an extended lease or the freehold to your house.

Now a number of provisions of the LaFRA relating to the Right to Manage (RTM) have been brought

Reforms around Lease extension and freehold enfranchisement

The Government has recently reconfirmed its proposal to implement reforms in this regard in the current term of Parliament.