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.
Budget Must Address Rising Costs in Private Rented Sector, Agent Says
An opinion piece published by Letting Agent Today sets out a letting agent's wishlist for the Autumn Budget. Written by Allison Thompson, Chief Lettings Officer at Leaders, part of LRG, it argues the Budget needs to recognise how rising costs across the private rented sector affect the availability and affordability of homes.
According to the piece, landlords have absorbed substantial regulatory changes and additional compliance costs, while also being asked to invest in higher energy-efficiency standards. The article frames these pressures as central to the sector's current challenges.
The source does not set out the specific measures on the agent's wishlist, nor does it include detailed figures, percentages or sums. This brief is therefore limited to what the headline and excerpt report: that a senior figure at a major lettings business is calling on the Autumn Budget to take account of cost pressures in the PRS.
For letting agents and inventory clerks, the intervention is a reminder that the sector's cost base — from compliance to energy performance work — remains a live theme ahead of the Budget. The original article, published under the title "How the Budget could help rentals – agent's wishlist", contains the full argument and any proposals put forward.
Source: Letting Agent Today