M
Member
Speaking in the House of Lords on 14 October 2025
Debate
Renters’ Rights BillContribution
Finally, but crucially, sales typically do not fall through because of the fault or choice of landlords. Analysis by Quick Move Now reveals that 41% of all residential property sales fell through in the second quarter of this year. Of these transactions, the vast majority failed not due to the seller. In fact, 45%—almost half—of failed sales fell through due to a difficulty in the buyer obtaining a mortgage. Other reasons included: a break in the chain, at 18%; the buyer simply changing their mind, at 14%; and legal problems, at 9%. In short, the imposition of even six months’ no-rent punishment negates the rent-hike theory while still penalising those trying to provide much-needed rental accommodation, but more proportionately than the excessive 12-month penalty in the Bill.
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