Rental Market News: The Benefits of Landlord Insurance
The latest rental market news shows that conditions are still challenging for both renters and landlords. In the current economic climate, the benefits of Landlord Insurance cannot be understated. We look at what’s been happening in the rental market and the impact on landlords, including the Renters’ Rights Bill, which will soon become law.
What’s happening in the rental market?
It’s estimated that 30% of Brits, including renters and homeowners, have moved home in the past three years (Barclays). People’s main motivations vary from lifestyle enhancements (17%) to being closer to family and friends (17%) and needing a larger living space (15%).
According to Barclays, 22% of renters believe that they could own a home within the next five years. In May 2025, house prices increased again at a rate of 0.5% month on month and an annual growth of 3.5% (Nationwide). Therefore, it’s still proving hard for first-time buyers to get onto the property ladder. Many people’s living accommodation options are still limited to rental properties, but despite an increased demand, there’s still a lack of supply.
Many landlords have either sold their properties or are weighing up their options, due to upcoming changes in legislation, namely the Renters’ Rights Bill.
What are the new rights of renters?
Landlords need to be aware of the Renters’ Rights Bill, which is expected to become law between October 2025 and January 2026.
Once the new Bill is in force, landlords will need to have specific grounds and evidence for possession. Section 21 ‘no-fault’ evictions, assured short-hold tenancies, and rental bidding will be abolished. Rent increases will be limited to once a year and must reflect market rates.
Landlords will only be able to ask for one month’s rent in advance, and they cannot unreasonably refuse tenants with pets.
How does Landlord Insurance work?
Buildings insurance is normally a condition on your buy-to-let mortgage, but Landlord Insurance isn’t mandatory. However, Landlord Insurance protects rental properties against risks not covered by standard building and contents policies. This includes any damage by tenants, unpaid rent, and between-tenant vacancies. You can also get cover for loss of rental income as a result of certain repairs, maintenance, and legal expenses.
Insuring your rental property against accidental and intentional damage caused by tenants is essential. Landlord Insurance usually includes some public liability, which protects your property for any accidental damage caused by tenants. This is important when you’re renting properties to the general public. For more guidance, please see our blog What is Landlord Insurance?
Your trusted Landlord Insurance broker
In a challenging rental market, Landlord Insurance can give you peace of mind that your rental property is protected. It offers cover for risks not normally covered by a standard building and contents policy.
At Bubble Finance Hub, our team will help you find the right policy. We regularly advise landlords when it comes to insuring their property portfolios. Our experienced insurance advisers will arrange suitable cover based on your needs and the type of property.
If you need Landlord Insurance, please get in touch to book an appointment.
As with all insurance policies, conditions and exclusions will apply.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Thank you for reading our blog, Rental Market News: The Benefits of Landlord Insurance.
Bubble Finance Hub