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.
Pet-Friendly Rental Searches Drop Sharply After Renters Rights Act
Searches for rental properties allowing pets have significantly decreased since the Renters Rights Act came into effect in May, according to Rightmove data reported by Letting Agent Today.
Rightmove told the BBC that searches for pet-friendly homes dropped by more than 50% in May and June compared to the same period last year. This change follows the introduction of new rules under the Renters Rights Act.
This development is relevant for UK letting agents and inventory clerks monitoring trends in tenant demand and property requirements.
Source: Letting Agent Today