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NEWS
The British Property Federation (BPF) has commented on and analysed the Labour Party’s general election manifesto, as it did previously for those of the Liberal and Conservative Parties.
NEWS
Policy director at the British Property Federation (BPF), Ion Fletcher has expressed concern over the English Devolution and Community Empowerment Bill’s proposed ban on upward-only rent reviews (UORRs) in commercial leases. While acknowledging the Bill’s broader ambition to devolve powers to regional governments and improve local development outcomes, Fletcher warns that the sudden inclusion of the UORR ban—without prior consultation—risks undermining investor confidence. UORRs are a common feature in longer commercial leases, offering income predictability that can de-risk development and refurbishment work. Fletcher argues that removing this mechanism introduces uncertainty at a time when the sector is already facing economic pressures.
NEWS
The British Property Federation (BPF) has launched a Purpose-Built Student Accommodation (PBSA) Board to lead advocacy for the sector and engage with national, regional and local government. The Board comprises eight senior representatives from leading PBSA providers representing over 250,000 beds, with Joe Lister, Chief Executive Officer of Unite Students, appointed as Chair. The Board aims to enhance understanding of PBSA's contribution to students, universities, communities and the UK economy, demonstrating how PBSA provision supports government housing supply objectives by reducing pressure on local residential housing markets while supporting skills agenda by enhancing the UK's appeal as a global study destination. The founding members include executives from Unite Students, iQ Student Accommodation, Watkin Jones, Student Roost, Empiric Student Property, UPP, The Dot Group and Homes for Students. The Board will work alongside BPF's Executive team and existing Student Accommodation Committee to advocate for the sector, which provides professionally managed homes to over 450,000 students with approximately £90bn invested since 2015.
NEWS
The British Property Federation (BPF) has stated its opposition to provisions in the English Devolution and Community Empowerment Bill that would ban upward-only rent reviews in all new commercial tenancies. The Bill received its Second Reading in the House of Lords this week and will be discussed in Committee by Peers in January 2026. The BPF argues the ban was introduced without consultation or evidence base and does not address the stated problem of struggling high streets with vacant shop units. The organisation contends the measure risks reducing investment predictability for pension funds and insurance companies, potentially hampering commercial property investment and development activity. The BPF is working with Peers across the House of Lords to amend the Bill to enable future secondary legislation to target the measure more precisely while avoiding adverse impacts on property investment and development.
NEWS
The British Property Federation (BPF) has published a blog post as part of its Spotlight Series, providing insights from its Director of Policy, Ian Fletcher, on the Building Safety Levy (BSL). The blog explains what the BSL is, when it will take effect, specific exemptions, how the government plans to use the money raised, and the BPF's view on the BSL. The BSL, set to take effect in autumn 2025, is a charge that residential developers will pay when seeking building approval, with the government aiming to raise £3bn over ten or more years. The blog outlines certain exemptions, such as affordable housing and care homes, among others, and notes that a substantial reduction is expected for developments on previously developed land. It explains that the BSL is part of the government’s plan to recover costs allocated to the Building Safety Funds. The BPF advocated for the BSL to be based on floorspace and secured the reduced rate for previously developed land, but expressed disappointment that Purpose-Built Student Accommodation, Build-to-Rent, and communal spaces were not exempted.
NEWS
The British Property Federation (BPF) has published a blog post as part of its Spotlight Series, analysing the Housing, Communities and Local Government Committee's recent report on Land Value Capture. The post discusses the committee's recommendations for reforming existing Land Value Capture mechanisms, which primarily operate through section 106 agreements and the Community Infrastructure Levy (CIL) in England. The BPF supports several of the committee's recommendations, including greater standardisation of s 106 agreements, increased CIL transparency, the immediate publication of the Long-Term Housing Strategy, access to funded Level 7 planning apprenticeships and confirmation of initial New Towns funding in the upcoming Autumn Budget 2025. However, the BPF expresses concerns regarding recommendations to mandate specific levels of social rent and affordable housing provision in New Towns, citing potential pressures on development viability, and also questions the effectiveness of the proposed dispute resolution scheme. The government is expected to respond to the committee's report within two months.
NEWS
The British Property Federation (BPF) has published a blog post, announcing the launch of its Heat Network Network on 4 March 2025 at an event in London. The network aims to support the property sector in preparing for the new regulatory framework introduced under the Energy Act 2023 (EnA 2023). As part of this framework, the government is consulting on the implementation of heat network zoning in England, which would require certain buildings within designated zones—such as new buildings, existing communally heated buildings, and commercial buildings with significant heat demand—to connect to heat networks. The full consultation response is expected in Spring 2025. At the event, panellists discussed the policy, the need for clarity in the real estate sector to facilitate informed decision-making, and how heat network zoning will ensure greater demand certainty.
NEWS
The British Property Federation (BPF) has published a blog post as part of its Spotlight Series, providing insights from its Head of Communications, Dominic Curran, in response to the government’s 10 July 2025 announcement of a proposed ban on Upward Only Rent Reviews (UORRs). The blog explains what UORRs are and their intended purpose, examines the government’s rationale for the ban, and discusses the potential implications for investment, borrowing costs and development viability within the property sector. It also sets out the BPF’s response, including correspondence with the Deputy Prime Minister, Angela Rayner, expressing industry concerns. The BPF is currently gathering evidence from its members ahead of the Bill’s second reading on 2 September 2025.
NEWS
The British Property Federation (BPF) has published a blog post as part of its Spotlight Series, providing commentary from the BPF’s Assistant Director of Policy (Finance), Rachel Kelly, on the implications of the 2024 Autumn Budget for the property sector. Kelly outlined the BPF’s recommendations to the government ahead of the Budget on 30 October 2024, including reforms to business rates, support for energy efficiency retrofits, and tax changes to facilitate institutional investment in new homes. She emphasised that, with the appropriate tax and regulatory environment, the Build-to-Rent (BtR) sector’s contribution to housing supply could potentially double from 15,000 to 30,000 new homes per year, calling on the government to reinstate SDLT Multiple Dwellings Relief for BtR. In addition, she urged the government to take steps to transform business rates into a form of Land Value Tax.
NEWS
The British Property Federation (BPF) has published a blog post as part of its Spotlight Series, highlighting its Net Zero Pledge, an initiative aimed at fostering collaboration and accelerating decarbonisation efforts within the UK real estate sector. The Pledge calls on BPF members to commit to achieving net zero carbon emissions by 2050, actively engage with other signatories, and share insights to support the industry's transition. With signatories representing approximately £125bn in UK assets under management, the initiative addresses the significant environmental impact of buildings, which contribute around 25% of the UK’s greenhouse gas emissions. The BPF has also taken the Pledge, partnering with Planet Mark to develop its own net zero targets and plans.
NEWS
The British Property Federation (BPF) has published commentary from its Assistant Director of Policy, Theo Plowman, examining the Renters’ Rights Bill and its impact on the residential sector.
NEWS
The British Property Federation (BPF) has published guidance on the Renters’ Rights Act 2025 (RRA 2025) to assist its members, landlords and other stakeholders in understanding the RRA 2025’s scope and reforms across the private rented sector (PRS) in England. The RRA 2025 introduces wide-ranging structural changes to tenancy arrangements, possession procedures, rent regulation and landlord compliance obligations. It will take effect on 1 May 2026 and will be implemented in three phases. Phase one, commencing on 1 May 2026, will abolish section 21 ‘no-fault’ evictions, replace fixed-term tenancies with open-ended Assured Periodic Tenancies (APTs), and limit rent increases to once every 12 months. It will also ban rental bidding, restrict the payment of rent in advance to one month at the outset and expand obligations relating to pets and anti-discrimination against renters with children or those in receipt of benefits. These reforms will apply to both new and existing PRS tenancies. Landlords will be required to provide tenants with the government-published information sheet by 31 May 2026. Phase two, expected in late 2026, will introduce a mandatory national PRS database for landlords and local councils, alongside a new PRS Landlord Ombudsman. Landlords will be required to register themselves and their properties on the database and comply with Ombudsman determinations. Phase three will extend the Decent Homes Standard to the PRS and implement ‘Awaab’s Law’. This will require landlords to address reported health and safety hazards, such as damp and mould, within defined statutory timeframes: (1) investigation within 14 days of a complaint; (2) provision of findings within two days of the investigation; (3) commencement of emergency repairs within 24 hours; and (4) commencement of non-urgent repairs within seven days.