Compliance tops landlord reasons for switch – survey
Summary
A landlord survey reports that compliance and legal complexity are now the leading reasons landlords change how they manage their properties, with many moving between self-management and letting agents. The article also highlights the growing administrative burden from Making Tax Digital and forthcoming rental-sector reforms, which are prompting some landlords to consider self-management or exit agent-led arrangements.
Why it matters
Residential property surveyors may see knock-on effects in landlord behaviour, portfolio management decisions and demand for professional advice as compliance burdens increase. The findings also point to a wider regulatory environment that can influence lettings activity, management standards and transaction-related risk.
Key points
- 65% of landlords changed management arrangements in the last two years.
- Compliance and legal complexity was the most common reason for change.
- Many landlords expect to self-manage within two years.
- Making Tax Digital is expected to add several hours of admin per quarter for most landlords in scope.
- The article links rising compliance demands to the Renters’ Rights Act and other new obligations.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
