Knight Frank data indicates that prime London lettings remain constrained by a persistent supply shortage, with new listings below long-run averages and rents continuing to rise. The article links weaker landlord supply and reduced lettings activity to recent tax and legislative changes, including the Renters Rights Act, while noting stronger activity in higher-value and super-prime segments.
The government has said England’s short-lets register, covering Airbnb-style accommodation, is expected to be fully operational by March next year and is likely to be mandatory. The article also notes that Scotland and Northern Ireland already have similar schemes, while Wales is introducing a visitor accommodation register from next month.
A survey of lettings professionals found that the Renters’ Rights Act has increased administrative workload for most firms, with compliance and record keeping identified as the main pressure point. The report also highlights fragmented technology use, manual data handling and concerns about maintaining profitability while meeting new requirements.
Rightmove has added a rent review function to its Tenancy Manager platform to help lettings agents create and serve Section 13 rent increase notices from existing tenancy records. The update is positioned as a response to changes introduced by the Renters’ Rights Act and is intended to streamline administration and support compliance.
nHabit has launched a rental pricing tool that uses tenant rejection data from its consumer app to help landlords and letting agents set asking rents more accurately. The product is positioned as a response to new rules under the Renters’ Rights Act that prevent landlords and agents from accepting offers above the advertised rent, increasing the importance of getting the initial price right.
A survey by The Letting Partnership suggests letting agents expect the Renters Rights Act to increase their compliance and administrative workload. Despite this, seven in 10 respondents believe the added complexity will make professional agents more important to landlords.
Rightmove has added a rent review function to its Tenancy Manager service to help letting agents create and serve Section 13 rent increase notices from existing tenancy records. The update is positioned as part of its wider Lead to Keys suite, aimed at streamlining lettings workflows and supporting agents as they adapt to changes introduced by the Renters Rights Act.
A survey by The Letting Partnership suggests letting agents expect the Renters Rights Act to increase compliance and administrative demands across the private rented sector. Most respondents believe this added complexity will make professional agents more valuable to landlords.
The article reports a call for government action on an estimated £750m in unclaimed tenancy deposits held within the deposit protection system. It argues that England and Wales lack a clear legal framework for dormant deposits, unlike Scotland, and that this creates a transparency and governance gap in the sector.
A survey of lettings professionals reports that the Renters Rights Act has significantly increased administrative workload, with most respondents citing compliance and record keeping as the main pressure point. The findings also suggest that fragmented technology and manual data handling are making it harder for firms to manage tenancy processes efficiently.
A survey of lettings professionals reports that the Renters Rights Act has significantly increased administrative workload, with compliance and record keeping identified as the main pressure point. Respondents also highlighted fragmented technology, more manual data handling, and concerns about keeping up with compliance while maintaining profitability.
New research from LRG suggests more landlords are asking for guarantors where prospective tenants do not meet standard affordability checks, as rent-in-advance safeguards are reduced under the Renters’ Rights Act. The article also highlights low tenant awareness of professional guarantor services and the potential impact on rental demand and tenant choice.
