The Renters’ Rights Act came into force on 1 May 2026 and represents the biggest change to renting in England for a generation. All landlords must be ready, as the new rules apply to both new and existing tenancies from day one.
The most important change is the abolition of Section 21, meaning landlords will no longer be able to end a tenancy without a valid statutory reason. All assured shorthold tenancies will automatically become assured periodic tenancies, removing fixed terms and increasing tenant security.
Landlords will need to review eviction processes, ensure they understand the new grounds for possession, and update internal procedures accordingly. Note that the official Renters’ Rights information document must also be provided to tenants by 31 May 2026, or risk fines.
If it has not already been done, now is the time to audit tenancy agreements, check compliance records, and seek professional advice to ensure a smooth transition under the new legal framework.
The Chancellor, John Healey, has given a number of speeches explaining how he intends to boost growth, reduce red tape and maintain fiscal responsibility.
The latest Mergers and Acquisitions (M&A) data from the Office for National Statistics (ONS) reveal a depressing landscape for UK companies. Foreign acquisitions of UK companies soared in value to £25.4 billion, up £9.7 billion from Q1 2026 and £15.7 billion higher than Q2 2025, highlighting how cheap UK company valuations are compared to foreign markets.