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.
Most landlords ignorant about mandatory database, survey claims
Most landlords are ignorant about the upcoming mandatory private rental sector database, according to the authors of a survey. The survey, conducted by property management firm August, involved just 276 landlords.
According to the report, four in five (81%) of those surveyed say they understand the Renters Rights Act, at least in its main points. The survey's authors claim that most landlords are ignorant about the upcoming mandatory private rental sector database.
The findings are based on a small sample of 276 landlords, so the results should be treated with caution. The report does not provide further detail on the database or the specific questions asked.
For letting agents and inventory clerks, the report points to a potential awareness gap among landlords regarding the upcoming mandatory private rental sector database. However, the limited sample size means the findings may not be representative of all landlords.
Source: Landlord Today