The UK Government has published a Fairer Private Rented Sector White Paper that claims it will redress the balance between landlords and 4.4 million tenants in the private rented sector (PRS).
Research reveals the full extent of landlords’ exit from the PRS (private rented sector) indicating the rate at which the sector is shrinking.
PRS REPORT: Rents are rising across the UK. Despite this, we continue to see high demand from prospective tenants. An average of 95 new applicants were registered per member branch, an increase from 78 per branch recorded in February.
Good letting agents are highly trained and experienced professionals that offer a vast range of services and advice that can make all the difference to landlords and tenants. Propertymark member agents also follow a strict code of conduct and are regularly assessed to ensure they are meeting all the required standards.