After waiting three years to see exactly what this reform will look like, there are some elements that will not be balanced under the current proposals. Is it an equitable system if a tenant can simply end a tenancy at a time of their choosing, but an agent or landlord must present a valid reason that is defined in law?

Propertymark has already set out broadly what we think reform should look like in our The Future of Renting paper, providing evidence of a shrinking PRS. 

• The number of properties available to rent through letting agents halved in the month of March between 2019 and 2022
• During the same four-year period, 94 per cent of landlords who removed their property from the rental market did so to sell it
• Over half of rental properties sold in March this year alone did not return to the private rented market