Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
87 Letting Agent Brands Join Section 8 Support After RRA
A property firm has reported that 87 letting agent brands have signed up for Section 8 support in the eight weeks since the RRA came into force. The firm also claims that Section 8 activity is on course to increase by 6.1% this year as landlords adjust following the abolition of Section 21.
This development is relevant for UK letting agents and inventory clerks as it highlights a shift in eviction processes and increased demand for Section 8 support services. The figures reflect changes in the private rented sector following recent legislative updates.
Source: Letting Agent Today