Credit: Bury Times
Bury Landlords Selling Up Ahead of Renters’ Rights Act, Says Cardwell’s Estate Agents
Cardwell’s Estate Agents, a leading property firm based in Bury, has warned that local landlords are increasingly choosing to sell their rental properties ahead of the new Government legislation — the Renters’ Rights Act. The firm’s Managing Director, Andrew Cardwell, says that while Bury’s lettings market remains strong, underlying pressures are mounting as more landlords re-evaluate their position.
According to Andrew, the town is beginning to mirror national trends identified in Goodlord’s State of the Lettings Industry 2025 report, which revealed that more than a third of landlords across the UK have either sold or attempted to sell their properties in the last year. He explained that Bury’s rental stock levels are tightening as a result, with fewer homes available despite steady demand from tenants looking for quality properties.
Andrew commented: “The Bury lettings market continues to show resilience, but there’s no denying the pressure building beneath the surface. Around a third of UK landlords have sold or tried to sell in the past year, and we’re seeing that reflected locally. Stock levels are down, and with fewer rental homes available, competition among tenants remains high.”
He added that properties in desirable areas such as Tottington, Seddons Farm and Whitefield are often let within days of being listed, while town centre apartments and traditional terraced homes continue to attract strong interest. This growing imbalance between supply and demand, he said, is contributing to rising rent levels and limited availability.
Andrew Cardwell Highlights Growing Pressure in Bury’s Rental Market
Andrew believes several key factors are driving landlords to reconsider their investments. Rising taxation on rental income, reduced mortgage interest relief, and increasing regulation have combined to squeeze profitability. “When you add in the additional responsibilities under the Renters’ Rights Act and upcoming energy efficiency rules, it’s understandable why some landlords feel the model is becoming less viable,” he explained.
Despite these challenges, Andrew remains optimistic about the long-term benefits of the new legislation. “The Renters’ Rights Act brings positives for both tenants and responsible landlords,” he said. “Most landlords value long-term, reliable tenants and have no interest in using ‘no-fault’ evictions unfairly. A clearer, more transparent system with balanced rights and responsibilities could lead to stronger, more stable tenancies — something that benefits everyone involved.”
The Renters’ Rights Act, which received Royal Assent on 27 October 2025, aims to create a fairer future for England’s 11 million private renters. It abolishes Section 21 ‘no-fault’ evictions and introduces strengthened tenant protections, including fairer rent reviews and a new Private Rented Sector Landlord Ombudsman to handle disputes quickly and fairly.
Andrew concluded that while these reforms will undoubtedly reshape the sector, Cardwell’s Estate Agents expects Bury’s rental market to remain active. “Landlords who stay in the sector will continue to benefit from strong demand,” he said, “and with clear communication and fair practice on both sides, Bury’s property market can continue to thrive under the new system.”
Read the full news article at: Bury Times
