MarketRent platform targets rent review compliance
Original Article Summary
A new rent review platform has launched ahead of the Renters' Rights Act implementation, aiming to streamline the rent review process for letting agents facing increased regulatory scrutiny. MarketRent has been founded by Rajeev Nayyar and Duncan Careless, who previously co-founded property maintenance platform Fixflo. The post MarketRent platform targets rent review compliance appeared first on PropertyWire.
PropMatch Curated Analysis
New PropTech platform MarketRent launches to help letting agents manage rent reviews with documented audit trails ahead of Renters' Rights Act implementation. The platform addresses increased compliance demands and tribunal challenge risks.
Investor Relevance
Critical for landlords using letting agents as the Renters' Rights Act increases tenant ability to challenge rent increases through tribunals. Proper documentation and structured processes become essential to avoid delayed or reduced rent increases.
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