Estate agents are being warned to prepare for a “triple hit” of regulatory and fiscal change as the Renters’ Rights Act, the Autumn Budget and sweeping new anti-money laundering (AML) rules converge in early 2026.
Michael Day (main picture), Managing Director of Integra Property Services, warns that while much of the industry has been focused on stabilising after years of market volatility, the next six months could prove just as challenging – and potentially transformative – for both sales and lettings professionals.
The Renters’ Rights Act, now passed into law, is expected to come into force in spring 2026.
It will abolish fixed-term tenancies and end Section 21 ‘no-fault’ evictions, forcing agents and landlords to overhaul their business models, management processes and fee structures.
MAINTAINING TRUST
Day warns that early communication with both landlord clients and tenants will be crucial in maintaining trust and mitigating disruption.
The Autumn Budget Statement, scheduled for 26 November, is also expected to bring fresh challenges.
With the Government under pressure to raise revenue, agents should be bracing for potential increases in income tax, National Insurance, stamp duty and property-based levies, as well as possible cuts to pension tax relief and mileage allowances.
Writing in his latest newsletter, Day says: “Agents should already be modelling the impact of different scenarios and be ready to advise clients as soon as the Chancellor speaks.”
AML CHANGES
Meanwhile, sweeping AML compliance changes are on the horizon. These include tougher risk-assessment requirements, a new supervisory body and the extension of sanctions checks to lettings.
Day urges agents to review their procedures now: “Make sure you’re on top of your obligations – the penalties for getting it wrong will be severe.”
But he adds: “Those who prepare properly will not only survive but thrive. Change always brings opportunity – but only for those ready to seize it.”
“The industry is facing a perfect storm of new legislation, fiscal change and compliance pressure,” Day says. “Those who plan ahead and adapt will be best placed to see opportunity where others see threat.”
