Almost three quarters (73%) of landlords are still unsure about aspects of the Renters’ Rights Act (RRA), Paragon Bank research has found.

The bank’s latest survey of 501 landlords revealed that 98% are aware of the RRA, with Paragon stating that this reflects the scale of political, industry and media attention surrounding the reforms.

Despite this awareness, which is typically gained through news coverage, letting agents and landlord associations, Paragon said landlords’ understanding of the legislation is lagging.

It found that just 26% of landlords believe they fully understand the detail of the RRA, and while 75% feel broadly prepared to comply with the new rules, 60% acknowledged they will need additional help to do so effectively.

Most commonly, landlords would like clear explanations of how the rules will apply day-to-day, as well as compliance and eviction processes.

There is also strong demand for updates on how the legislation may evolve, guidance on energy efficiency requirements and access to usable templates for tenancy agreements and notices.

A number of landlords also see value in having access to expert advice, whether through helplines, training sessions or webinars focused on how to adapt to the new framework.

To support landlords and brokers with RRA requirements, Paragon has launched a dedicated RRA Hub, offering guides, insight and podcasts.

Lending director of mortgages at Paragon Bank, Lisa Steele, stated: "While it is encouraging to see such high awareness of the Renters’ Rights Act, our research shows many landlords are still grappling with how the changes will work on the ground.

"Landlords want to comply and continue providing good quality homes, but achieving this will depend on having clear, consistent and practical guidance."

Steele added: "A well functioning private rented sector depends on regulation that works for both tenants and landlords. Ensuring landlords fully understand their responsibilities will be critical to delivering the intended benefits of the reforms, while avoiding unintended consequences such as reduced supply or uncertainty among responsible investors."

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