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.
Survey Finds 40% of Tenants Unaware of Renters Rights Act
A new survey by Barclays indicates that 40% of tenants do not know about the Renters Rights Act. The Barclays Property Insights report notes that since the Bill passed in October and became law this month, tenant awareness and positivity have increased.
The report also highlights concerns among tenants that long-term supply could decrease, potentially leading to higher rents. This information may be relevant for UK letting agents and inventory clerks monitoring tenant awareness and market trends following recent legislative changes.
Source: Landlord Today