Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property118. Read the original article for full details.

Renters’ Rights Act May Lead to Expanded Agent Services for Landlords

Letting agents could offer landlords increased compliance support and a broader range of paid services in response to the Renters’ Rights Act, according to Property118. The report highlights commentary from Sally Lawson of Agent Rainmaker, who discusses how agents may adapt to sector changes.

Lawson notes that letting agents are being encouraged to rebuild managed stock following losses in the sector. She suggests that agents may pursue acquisitions, lead generation, and new service offerings together as part of their response.

The article indicates that the Renters’ Rights Act could prompt letting agents to enhance the ways they support landlords, particularly in compliance and service options. No specific details on the types of services or compliance support were provided in the report.

This development is relevant for UK letting agents and inventory clerks as it signals potential changes in the range of services offered to landlords in the wake of new legislation.