Six in 10 tenants believe the Renters’ Rights Act 2025 will improve housing protections and conditions, according to research from Barclays.
Barclays Property Insights found awareness of the legislation among renters has risen from 19% in October, after the Bill passed, to 60% since it came into effect on 1st May 2026.
At the same time, 62% of renters said they believe the reforms will improve housing conditions and protections, while 61% said it would make it easier to challenge unfair treatment from landlords.
The research also found that 19% of renters are now more likely to remain in their current property as a result of the changes.
However, concerns remain over the longer-term impact of the legislation, with 45% worried the reforms could increase rents or reduce rental supply if landlords leave the market.
Barclays found appetite for second-home ownership remains subdued, with 22% of homeowners saying owning an additional property feels unaffordable.
High maintenance and running costs were cited as the biggest barrier by 28%, while 21% pointed to Stamp Duty costs.
For those considering or purchasing a second home, the average upfront cost, including deposit, stamp duty and associated expenses, was £85,887.
The report also highlighted changing attitudes towards property ownership among older homeowners.
Three quarters of Baby Boomers said they do not plan to use property wealth to fund retirement, while 31% said they viewed their home as a legacy for family rather than a financial asset.
Jatin Patel, head of mortgages, savings and insurance at Barclays, said: “As deposit challenges persist, the measures of the Renters’Rights Act to curb steep rent increases could give tenants more scope to save, and in turn widen access to the property ladder.
“However, the longer-term impacts on rental housing remain to be seen, as homeowners weigh up investment in bricks and mortar against other asset classes.
“For most, property is about far more than finances. It provides stability and plays a key role in family legacy, and many retirees do not need to supplement their income through property.
“‘Right-sizing’ still has an important part to play in unlocking housing supply, but it will only gain traction if there are clear and meaningful incentives.”
Julien Lafargue, chief market strategist at Barclays, said: “The interest rate environment remains challenging, with domestic political uncertainty compounded with the ongoing geopolitical tensions in the Middle East.
“Even so, the UK economy continues to demonstrate resilience, suggesting that once these headwinds ease, conditions should improve.”