Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Eviction Costs and Delays Expected to Rise Under Renters Rights Act
A law firm has warned that eviction costs are set to increase as more tenants challenge landlords under the Renters Rights Act (RRA). Thackray Williams reports a sharp rise in instructions from landlords seeking vacant possession, both before and after the Act's implementation on May 1, as well as from tenants who have been served eviction notices.
This trend may impact letting agents and inventory clerks, as the volume and complexity of eviction cases appear to be growing. The report highlights the evolving landscape for property professionals following the introduction of the RRA.
Source: Landlord Today