Rightmove has added a Section 13 rent-review tool to Tenancy Manager, allowing letting agents to create notices from tenancy records after the Renters’ Rights Act changed England’s rent-rise rules.
NRLA says record rent tribunal volumes are raising the bar for landlords, with achieved rents and property condition now carrying more weight under the post-Renters’ Rights Act system.
Hamptons says First-tier Tribunal rent rulings rose to 143 in July after the Renters’ Rights Act changed the balance of risk for tenants, while average decision times fell to 82 days.
Hello Neighbour says London asking rents rose 8.7 percent year on year in July even as tenant enquiries per property fell by a third, pointing to a slower but still inflationary lettings market.
Goodlord says average rents rose 6.5 percent in June from May, with annual inflation hitting 7.8 percent as Section 13 pressure keeps rent resets elevated after the Renters Rights Act launch.
Hamptons says the share of tenants seeing a rent rise fell 23 percent in May, the first full month after the Renters Rights Act switched England to annual Section 13 rent reviews.
Landlords planning rent reviews around the 1 May launch of the Renters’ Rights Act have been given a clearer rulebook after the government confirmed how…
