Rolling tenancies gather pace rapidly across buy to let sector
Summary
A survey of 5,235 UK landlords suggests that rolling tenancies are now the dominant tenancy model in the buy to let sector, with 79% of respondents using them exclusively. The article also highlights that many landlord-drafted tenancy agreements have not been reviewed by solicitors, raising concerns about confidence in wording and ongoing compliance.
Why it matters
Residential property surveyors involved in lettings, valuation or landlord advice should note the shift to periodic tenancies and the associated compliance implications. The reported lack of legal review of tenancy agreements may affect risk assessment, documentation quality and client guidance.
Key points
- 79% of surveyed landlords said they now use rolling tenancies exclusively.
- The change is linked to the Renters Rights Act moving assured tenancies onto a periodic system from May.
- Around nine in ten respondents said their tenancy agreement had not been reviewed by a solicitor.
- The survey suggests landlords want greater clarity and confidence in agreement wording.
- The article frames rolling tenancies as a compliance issue as well as a tenancy-structure change.
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