Half of Agents More Cautious About New Tenants

Students like new tenancy freedoms - but landlords warn of higher rents

The Renters' Rights Act gives greater flexibility to leave a tenancy but the changes have posed challenges for student landlords.

A third of landlords would rather leave a property vacant

The Renters’ Rights Act (RRA) is triggering ‘unintended consequences’ across the private rented sector, according to early findings from Goodlord’s 9th annual State of the Lettings Industry report. The survey draws on feedback from 3,031 respondents including 442 letting professionals, 589 landlords and 2,000 tenants. The full report will be published in full on 29 October, six months after the RRA became law. However, early insights released to…

Letting agents tighten tenant screening following new law

More than half of letting agents have increased caution when recommending tenants to landlords since the Renters' Rights Act came into force. The survey found that 51% of agents have tightened their recommendation criteria, whilst 31% of landlords would prefer to leave properties vacant whilst searching for lower-risk tenants.

Half of agents more cautious about new tenants

William Reeve, of Goodlord, says certain tenants will be more likely to struggle to a secure a home due to the Renters’ Rights Act.

Renters’ Rights Act risks creating two-tier rental market, Goodlord warns

Renters’ Rights Act risks creating two-tier rental market, Goodlord warns - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.