Marketing of student lets to change thanks to Renters Rights Act
Summary
The article reports that student landlords may delay marketing and signing tenancies in response to the Renters Rights Act, particularly because Ground 4A cannot be relied on if agreements are signed more than six months before the tenancy starts. Research cited suggests many landlords intend to use the new possession ground, but the change is likely to alter the traditional autumn student lettings cycle and create timing challenges for landlords and agents.
Why it matters
Residential surveyors involved in student and rental property work may see changes in market timing, instruction patterns and tenant demand as landlords adapt to the new rules. The article also highlights compliance issues around holding deposits and tenancy formation that can affect lettings advice and transaction planning.
Key points
- 45% of student landlords plan to market later under the new regime.
- Ground 4A cannot be used if tenancy agreements are signed more than six months before the tenancy begins.
- 73% of landlords surveyed said they intend to use Ground 4A.
- Holding deposit rules may limit how long properties can be reserved before a tenancy is signed.
- The traditional October-November student lettings cycle may shift, with more properties marketed later.
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