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

Letting Agents' Role Grows as Landlords Face Making Tax Digital Challenges

A new survey indicates that some landlords are considering leaving the rental market because of the administrative and compliance pressures from Making Tax Digital (MTD). According to Letting Agent Today, a PropTech firm has highlighted this as an opportunity for letting agents to play a larger role.

The Landlord Studio study cited in the report claims that 22% of landlords have thought about exiting the sector due to MTD requirements. The article suggests that these changes could increase demand for letting agents' services as landlords seek support with compliance.