Editor's note: This brief was summarised by The Property AI Newsroom from a report by The Negotiator. Read the original article for full details.

Landlords Warned Over Renters’ Rights Act Information Sheet Deadline

A new proptech platform, LeaseSafe, has issued a warning that many landlords are not ready for this week’s Renters’ Rights Act deadline. The main issue identified is landlords failing to provide tenants with the required Information Sheet on the Act, which must be delivered before the end of the month.

Failure to provide the Information Sheet can result in a fine of up to £7,000. LeaseSafe reports that some landlords mistakenly believe it is the letting agent’s responsibility to issue the Information Sheet, but in most agency arrangements, the obligation falls directly on the landlord. Standard agent terms typically do not cover this new statutory requirement.

The report also highlights issues with handling tenant requests to keep pets and the reissuing of Section 21 ‘no fault’ eviction notices, which are affected by the new legislation. Under the Renters’ Rights Act, renters now have stronger rights to request to keep a pet, and landlords are not permitted to charge extra rent for this.

LeaseSafe, which launched this month, offers a compliance prompt service aimed at helping small portfolio landlords meet these new requirements and avoid penalties.

Letting agents and inventory clerks should be aware of these changes and ensure that their clients understand the new obligations under the Renters’ Rights Act, particularly regarding the timely delivery of the Information Sheet and the handling of pet requests and Section 21 notices.