Landlords and tenants shouldn’t be treated ‘like opponents’
Summary
The article reports that tenant demand in the private rented sector has strengthened, with Pegasus Insight data showing more landlords describing demand as strong. However, this is set against continued pressure on supply, as landlords consider exiting the sector amid concerns about profitability and regulatory change linked to the Renters’ Rights Act reforms.
Why it matters
Residential property surveyors involved in valuation, landlord advice or PRS market analysis should note the potential for tighter rental supply and upward rent pressure. The article also highlights how regulatory change may affect investor sentiment and portfolio decisions, which can influence local market conditions and asset values.
Key points
- Tenant demand has rebounded after two years of weaker conditions.
- 63% of landlords now describe tenant demand as very strong or quite strong.
- Supply in the PRS remains under pressure as some landlords consider selling.
- The article links landlord exits to profitability concerns and Renters’ Rights Act reforms.
- A widening gap between demand and supply could increase competition for rental homes and push rents higher.
This is an RPSA summary of a publicly available article. The full content remains with the original publisher.
