Agents’ confidence falters under scrutiny of Renters’ Rights changes – claim
Original Article Summary
Letting agents say they're ready for the changes, yet just two thirds are set up to handle eviction processes, says Goodlord
PropMatch Curated Analysis
Research reveals significant gaps between letting agents' perceived readiness (89%) and actual capability to handle Renters' Rights Act changes, particularly eviction processes (61% ready). 82% of landlords are concerned, with 49% planning to sell within 12 months.
Investor Relevance
Critical for all PRS investors as it highlights operational risks from unprepared letting agents and signals potential market supply reduction from landlord exits. Investors need to assess their agents' actual capabilities and prepare for reduced competition but potentially increased tenant confusion.
Original Source:
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