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.
Rents Pushed Higher as Renters' Rights Act Diminishes Supply
Landlord Today reports that rents are being pushed higher as the Renters' Rights Act diminishes supply, attributing the finding to Knight Frank.
The headline points to a link between the reform law and reduced supply in the rental market, with rents moving upwards as a result. The source does not set out further detail beyond this.
For letting agents and inventory clerks, the report is a reminder to keep a close watch on how supply-side pressures linked to the Renters' Rights Act feed into rental pricing. The source does not include specific figures, percentages or sums, so no further quantitative claims can be made from it.
Source: Landlord Today