More than half (53%) of UK residential landlords plan to maintain their portfolio sizes over the next year despite concerns over the Renters’ Rights Bill (RRB), according to data from JLL.

In its latest survey of landlords, JLL revealed that just 4% of respondents planned to expand their portfolios over the next year, but 24% planned to do so within five years.

More than half (58%) of respondents said their property already has an EPC rating of ‘C’ or above.

However, nearly 30% said they were unsure of the EPC ratings of their properties. JLL argued that this shows a need for further education to support compliance and avoid unintended reductions in rental supply.

Nearly one in three (29%) of the landlords polled cited the expense of retrofitting to meet EPC C requirements by 2030 as a deterrent to expanding their portfolios.

The RRB passed through its final session in the House of Lords earlier this week and has one more stage to pass before Royal Assent.

Meg Eglinton, associate, UK residential research at JLL, said: “Despite ongoing global volatility, the rental market is showing signs of quiet confidence. With a majority of landlords intending to hold steady, coupled with longer-term plans to invest, it’s not only reassuring, but points to a resilient market that continues to play a vital role in housing supply.”

Respondents also highlighted key challenges in the market such as general maintenance costs, with 44% saying they are discouraged from investing further as a result.

Eglinton added: “But while confidence is building, barriers remain. The lack of clarity around the RRB continues to create uncertainty for landlords, many of whom remain cautious until the full implications become clear.

“For the rental market to meet its potential in the coming months and years, greater collaboration between policymakers and landlords – along with clear, practical policy – will be essential to maintain momentum, support rental supply, and meet growing demand for homes.”