Editor's note: This brief was summarised by The Property AI Team from a report by PropertyWire. Read the original article for full details.
Eviction Disputes Increase as Landlords Leave UK Rental Market
Eviction disputes are on the rise across the UK rental sector, according to a report by PropertyWire. Landlords are facing increased costs and delays as more tenants challenge possession proceedings.
Law firm Thackray Williams has reported a sharp increase in instructions from landlords seeking vacant possession. This trend follows the introduction of the Renters' Rights Act.
The rise in eviction disputes and landlord exits is a significant development for letting agents and inventory clerks, who may see increased demand for their services related to possession proceedings and property handovers.
Source: PropertyWire