Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
One in Eight Prime London Lets Exempt from Renters Rights Act
Letting Agent Today reports that one in eight prime London lets are exempt from the Renters Rights Act. The article also notes an annual decrease of 1.1% in lets agreed and an 11.4% rise in new instructions.
These figures may be relevant for letting agents and inventory clerks monitoring regulatory exemptions and market activity in the prime London rental sector.
Source: Letting Agent Today