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.
Landlords Rush to Letting Agents as Renters Rights Act Bites
The proportion of rental properties using letting agents has reached its highest level in two years. Some 66% now use an agent for some or all aspects of the letting process, according to the latest Landlord Trends research from Pegasus Insight.
The figure has risen from 61% in Q1 2026 and 62% a year earlier, Landlord Today reports. The research points to landlords turning to letting agents to cope with the Renters Rights Act.
What the figures show
At 66%, the proportion of rental properties using an agent for some or all aspects of letting is the highest seen in two years.
The rise is measured against two comparison points: 61% in Q1 2026 and 62% a year earlier. Both are lower than the latest reading.
Why it matters for letting agents
For letting agents, the data suggests growing demand as landlords respond to the Renters Rights Act. The research is framed around landlords rushing to use letting agents to cope with the legislation.
Inventory clerks and letting agents across the UK rental sector may see this shift in their own instructions, as more landlords seek professional support for some or all aspects of the letting process.
The source report does not break down which specific aspects of letting are driving the increase, nor does it provide regional or portfolio-size detail. The headline finding is the overall rise to 66%, the highest level in two years.
Source: Landlord Today