Introduction: The Government’s Levelling Up Plans

The UK government has unveiled its levelling up strategy, introducing a mix of new and previously proposed initiatives. The property industry, including letting agents and landlords, is expected to be significantly impacted by the proposed changes led by Housing Secretary Michael Gove.

Key Changes Affecting the Property Industry

The white paper outlines several major changes to the private rented sector (PRS), including:

• A national landlord register
• Stricter regulations on rogue landlords
• Increased support for first-time buyers
• An enforceable minimum housing standard
• The abolition of Section 21 ‘no-fault’ evictions

Wider Impacts on Housing and Infrastructure

Beyond the PRS, the levelling up plan introduces measures affecting housebuilding, transport, crime, education, and the economy. These changes are set to reshape the housing market and property investment landscape.

Industry Response: Concerns and Criticism

Many industry leaders have expressed concerns over the white paper’s effectiveness. Critics argue that while the proposals are ambitious, they lack sufficient funding and detailed implementation plans.

Expert Opinion: Mary-Anne Bowring’s Take

Mary-Anne Bowring, Group MD of Ringley, shared her perspective:

“The government’s levelling-up white paper lacks serious ambition with little to no new money introduced to create a level playing field across the UK.”

Conclusion: What’s Next for the Property Industry?

As the proposals move forward, landlords, letting agents, and property professionals will need to prepare for potential legislative changes. The industry awaits further details on how these reforms will be implemented and their long-term impact.