
Two-thirds of renters paid more than expected in the past year, Aldermore finds
Almost a quarter (23%) of private renters moved home during the past year, with many reporting a difficult search for a suitable property.

Almost a quarter (23%) of private renters moved home during the past year, with many reporting a difficult search for a suitable property.

Barclays Property Insights found awareness of the legislation among renters has risen from 19% in October, after the Bill passed, to 60% since it came into effect.

The requirement, introduced following publication of the Government’s information sheet on 20th March, means landlords must provide the document to tenants in existing tenancies.

Kate Davies, executive director of IMLA, dicusses the pitfalls of the upcoming Renters' Rights Bill, and how landlords may be impacted.

The Bill aims to provide stronger protections for the 11 million private renters in the UK.

10 years ago, the UK saw an estimated total of 27,035 disputes per year - in 2023, this annual total had increased to 42,180, a jump of 56%.

Propertymark warned that the removal of an initial fixed term will cause every tenancy to effectively become a short-term let.

The time spent in rental properties by private rented sector (PRS) tenants has increased by 12% over the past decade.

The analysis found that in the current market, there are only a little over 11,000 rental properties across the country offering the addition of a tenant in situ.

The DPS confirmed that the average tenancy now lasts 924 days, or just over two and a half years compared with 706 days in 2020.

Under the Renters (Reform) Bill, fixed term tenancies, including assured and assured shorthold tenancies, will be abolished and replaced by periodic tenancies with a monthly rental period.

House Buyer Bureau analysed current for sale stock across the market in Britain and what proportion of this stock is listed for sale with tenants still in-situ who are yet to come to the end of their tenancy agreement.
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