The Mortgage Works has released a product update. For their latest products visit the product page on their website or the news section of their intermediary website. A summary of the changes is below. Contact us for more information.
TMW Announcement
The Renters’ Rights Act 2025 introduces major changes for landlords in England, coming into effect on 1 May 2026.
Changes include the end of fixed term tenancies, the abolition of Section 21 notices, new rules on rent increases and changes to tenants’ rights.
Intermediaries can help their landlord clients prepare by understanding the key changes and actions required. Download our guide below for landlords to stay compliant and informed.
Six ways that letting will change for your landlord clients
Here is an overview of the key changes that will happen on 1 May.
Tenancies will change
On 1 May 2026, a number of changes will be made for tenancies.
This includes all existing ASTs automatically becoming assured periodic tenancies. If the tenancy was part way through a fixed term period, it will turn into a rolling, periodic tenancy.
New rules on how landlords charge rent
For tenancies entered from 1 May 2026, landlords will only be able to charge rent for periods of up to a calendar month and will not be able to require tenants to pay rent in advance.
Compulsory statutory process for increasing rent
From 1 May 2026, the only valid way to increase rent will be by following the section 13 process. Landlords will only be able to increase the rent once a year and will not be able to do so in the first 12 months of a tenancy.