Editor's note: This brief was summarised by The Property AI Newsroom from a report by Landlord Today. Read the original article for full details.
Lettings Expert Raises Concerns Over Renters Rights Act and Rent in Advance
A leading lettings expert has argued that Renters Rights Act policies regarding rent in advance of a tenancy may disadvantage some renters, according to Landlord Today.
Allison Thompson of lettings agency Leaders stated that, previously, there was no limit to how much rent tenants could pay up front to secure a property. The article highlights concerns about the impact of these policies on tenant affordability.
This issue is relevant for UK letting agents and inventory clerks monitoring changes in tenancy regulations and their effects on the rental market.
Source: Landlord Today