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In this post, we explore the key factors driving continued demand in the lettings market, what this means for landlords and agents, and why professional tenant referencing and insurance protection have never been more important.

The Fundamentals: Why Rental Demand Stays Strong

The UK rental market's strength isn't a temporary phenomenon, it's rooted in fundamental structural factors that show no signs of diminishing as we head into 2026.

Due to overwhelming demand due to general population growth, both legal and illegal immigration and a lack of new developments in recent years, the UK faces a persistent shortage of rental homes. According to recent data, the number of rented homes has remained broadly unchanged for a decade, while demand continues to grow. This supply constraint means that even as some market pressures ease, competition for quality rental properties remains elevated compared to pre-pandemic levels.

Younger Generations Renting Longer

Demographic shifts are reshaping the rental landscape. Younger generations are renting for longer and are less likely to become landlords themselves, which means demand is rising while supply stays tight. With homeownership increasingly challenging due to high property prices and substantial deposit requirements, many professionals in their 30s and 40s are choosing to rent long-term rather than viewing it as a temporary housing solution.

First-Time Buyers Creating Turnover

While the UK is on track for more than 350,000 people to buy their first home in 2025, and there was a 20% increase in first-time buyer mortgages, this dynamic is actually supporting the rental market. As renters move up the property ladder, they free up rental properties for the next wave of tenants. This healthy turnover, combined with ongoing demand from those unable to buy, maintains strong rental activity.

Regional Variations and Hotspots

The lettings market isn't uniform across the UK. Different regions are experiencing varying levels of growth, creating opportunities for savvy landlords and agents who understand local dynamics.

At a regional level, rents are rising fastest in the North East (4.5%) and the North West (3.2%). These regions offer better affordability compared to the South, leaving more headroom for rental growth. Cities like Manchester and Liverpool continue to thrive due to robust job markets, strong university populations, and improved infrastructure.

Areas such as Carlisle (8.1%), Chester (7.4%) and Motherwell (7%) are showing particularly strong rental growth. These lower-value markets demonstrate that the rental boom extends well beyond London and the major cities.

London: A Market in Transition

London's rental market is stabilizing after several years of rapid growth. Supply is slower in London (6%), which will keep more pressure on rental rates. While rental growth has moderated in the capital, demand remains solid, particularly for well-priced, quality properties in areas with good transport links and local amenities.

What's Driving Continued Landlord Investment?

Despite regulatory challenges and increased costs, many landlords are doubling down on their property investments. According to UK Finance, over 58,000 new buy-to-let mortgages were approved in Q1 2025, representing a nearly 40% increase on the previous year. So why are investors staying committed to the sector?

Strong Rental Yields

The average size of portfolio for a mortgaged buy-to-let investor has risen from 3.5 properties to 5.0, with the gross yield they have bought into rising from 6.0% to 7.0%. For many landlords, especially those with larger portfolios or properties without mortgages, the rental market continues to deliver solid returns.

Recent data from HMRC shows that private individual landlords generated a total profit exceeding £25 billion on a turnover of £50 billion, with the average landlord reporting an income of £17,665 and a profit of £9,021 after expenses. These figures demonstrate that, for committed investors who manage their properties professionally, buy-to-let remains financially viable.

Sector Consolidation

The rental sector is undergoing consolidation, with fewer landlords managing larger, more professional portfolios. While some smaller landlords have exited due to regulatory complexity and tax changes, this has created opportunities for professional landlords who are willing to adapt to the new landscape. The focus has shifted from opportunistic investing to professional, long-term rental provision.

Institutional Investment Growth

Build-to-Rent (BTR) developments and institutional landlords are playing an increasingly important role. With high-amenity, professionally managed developments emerging across London and regional markets, institutional capital is flowing into the sector. These operators provide stable, long-term rental housing and are well-positioned to meet growing demand from tenants seeking quality, professional rental experiences.

Rental Growth Forecasts for 2026

Looking ahead, experts predict continued rental growth, albeit at a more moderate pace than the rapid increases seen in 2022-2023.

Zoopla expects rents for new lets to rise by 2.5 per cent over 2026, reflecting a more balanced market where supply is gradually improving while demand remains solid. Other forecasts

suggest rental growth of 3-6% depending on the region, with higher increases likely in areas where affordability leaves room for growth.

This moderation is actually healthy for the market's long-term sustainability. Rapid rent increases from 2022-2023 stretched affordability to its limits, but as rents are now rising more slowly than earnings growth, affordability is beginning to repair. This creates a more stable foundation for continued growth.

The Time to Let Has Increased

One notable shift in the market is that void periods lengthened in October, rising from an average of 16 days in September to 21 days. The time to rent a property has increased across all regions, ranging from 14 days in Scotland to 19 days in the West Midlands.

For landlords and agents, this means that presentation, pricing, and property quality matter more than ever. Well-maintained properties with good energy efficiency, modern fixtures, and competitive pricing will let faster and command better rents. Properties that are overpriced or poorly presented may take considerably longer to secure tenants.

Why Proper Tenant Screening Is More Critical Than Ever

In a market where rental demand remains strong but margins are tightening, choosing the right tenant from the outset has never been more important. With longer void periods and increased regulatory obligations, landlords and agents cannot afford to make poor tenant selection decisions.

The Risks of Inadequate Referencing

Skipping tenant checks or cutting corners might seem like a way to speed up the letting process, but it exposes landlords to serious financial loss. Without verifying a tenant's financial stability, employment history, and rental background, you're taking unnecessary risks that can cost you dearly. Potential issues include rent arrears that can last months, property damage not covered by standard insurance, costly eviction proceedings, and time spent managing disputes.

LetHQ's Tenant Referencing

LetHQ offers a range of referencing options tailored to your needs, including Express, Advanced, Guarantor, and Company references. Each option provides detailed insights into a tenant's reliability, ensuring you make informed decisions. With fast turnaround times—often results within an hour—you can move quickly on the best candidates without compromising on accuracy.

Trusted by other 8,000 agents from around the UK< we have been referencing tenants for over a decade and our market-leading platform combines cutting-edge software with trusted methods to deliver fast and accurate results. Often faster and with fewer caveats than open banking alternatives. All staff are ex-letting agents or landlords, trained to at least CIH Level 2 in housing, so you're getting expert support from people who understand the sector inside out.

Protecting Your Rent with Rent Guarantee Insurance

Even with thorough tenant referencing, unexpected circumstances can arise. Rent guarantee insurance provides an essential safety net for landlords and agents, protecting rental income when tenants fall short.

Staying Compliant in a Changing Regulatory Landscape

As the lettings market continues to boom, landlords and agents must navigate an increasingly complex regulatory environment. From AML checks to Right to Rent verification and the upcoming Renters' Rights Act, compliance has never been more important.

AML Checks Now Mandatory for All Tenancies

From 14 May 2025, new UK rules made AML checks mandatory for letting agents for all tenancies, regardless of monthly rent. Every prospective tenant, guarantor, and landlord must be screened, including identity verification, checking for politically exposed persons (PEPs), reviewing UK sanctions lists, and screening against SDN/OFAC lists.

LetHQ's true AML check service makes compliance simple and cost-effective. Unlike some providers, we first verify the individual's identity before conducting mandatory checks, with FCA results delivered instantly in a secure PDF report, and our platform supports bulk uploads to help you bring existing tenant and landlord records up to date.

Digital Right to Rent Checks

LetHQ offers fast, simple Digital Right to Rent Checks using advanced UK Government-certified Identity Document Validation Technology (IDVT). Our completely digital system eliminates paperwork, features state-of-the-art facial recognition technology with passive liveness detection, and provides immediate results directly to your inbox. This robust identity verification acts as a strong deterrent against tenancy fraud while ensuring you stay fully compliant.

The Market Remains Strong

As we head into 2026, the UK lettings market shows no signs of slowing down. Structural undersupply, demographic changes, and ongoing demand from renters unable or unwilling to buy ensure that rental properties remain in high demand. Regional variations offer opportunities across the country, from high-growth northern markets to London's stabilizing but still robust rental sector.

For landlords and agents, success in this market requires professional standards, proper tenant screening, and adequate insurance protection. The days of opportunistic landlord investment are over—today's rental market rewards those who approach it professionally, comply with regulations, and protect their investments with the right services.

The team at LetHQ is here to support your lettings business every step of the way. For more information on how we can support you and your business, visit LetHQ or call 0343 612 2233 today.

In England, there is no fixed legal cap on how much a private landlord can raise the rent on an assured shorthold tenancy. Landlords can technically increase rent by any amount, as long as the increase is fair and realistic, meaning it aligns with comparable market rents in the area. However, this principle doesn’t mean landlords can act without rules. There are clear regulations governing how often and when rent increases can happen, ensuring tenants are protected from sudden or unreasonable hikes.

For tenants on a fixed-term tenancy, rent generally cannot be increased during the agreed term unless the tenancy agreement contains a valid rent-review clause. In contrast, tenants on a periodic tenancy—for example, rolling month-to-month agreements—may face rent increases, but these can only occur once every 12 months. Landlords must also provide proper written notice of any increase. Currently, the required notice period is one month, but this will extend to two months under the new Renters’ Rights Act 2025.

How Rent Increases Work

A key principle guiding rent increases is that they must reflect the open-market value of similar properties in the area. Landlords cannot simply raise rent arbitrarily; the new amount should be justifiable compared to comparable properties nearby. Tenants who believe the proposed increase is unreasonable have avenues to protect themselves. They can challenge the rise formally using a Section 13 Notice, which may ultimately be reviewed by the First-tier Tribunal to ensure the increase aligns with market standards.

Older tenancies, sometimes referred to as “regulated” or “protected,” have additional safeguards. For these properties, rent may only be increased up to a registered maximum, which is determined by the state. Such tenancies are now rare but remain subject to strict rules. This distinction highlights the importance of knowing your tenancy type, as it directly affects how rent can lawfully change.

 

What’s Changing: Renters’ Rights Act 2025

The Renters’ Rights Act (RRA) 2025, potentially, coming into effect in 2026, represents the most significant overhaul of the private rental sector in decades. It introduces major reforms that impact both landlords and tenants, particularly in how rent increases are handled.

Whilst it would not be unreasonable to suggest in increase in line with the consumer price index, under the new legislation, all rent increases must follow a formal statutory process using a Section 13 Notice, rendering old rent-review clauses in tenancy agreements void. Landlords are restricted to raising rent only once per year, and they must provide tenants with at least two months’ written notice before the increase takes effect. Importantly, the new law mandates that any proposed rent rise must not exceed the local market rate for similar properties. Tenants who believe an increase is excessive can challenge it via the First-tier Tribunal, where the tribunal will ensure the new rent does not surpass what the property would reasonably earn on the open market.

Beyond rent increases, the RRA 2025 brings sweeping changes. Fixed-term tenancies will default to open-ended periodic tenancies, giving tenants greater stability. “No-fault” evictions under Section 21 will be abolished, meaning landlords can only regain possession under clearly defined statutory grounds, such as rent arrears or the intention to sell. The Act also curbs practices like bidding wars and demanding excessive upfront rent, ensuring rental arrangements are fairer. Additional protections for tenants include anti-discrimination measures, rights for pets, and improved housing standards in line with minimum quality requirements.

 

Implications for Tenants and Landlords

For tenants, the RRA 2025 offers far greater predictability and fairness. Rent increases are now more transparent, must follow clear procedures, and are legally constrained to once per year. Tenants also gain a stronger ability to contest any increase they believe is unjustified. This ensures that tenants are not subjected to sudden, steep rent hikes and that the rent they pay reflects the true market value of their home. Understanding these protections is crucial to safeguarding one’s housing security.

Landlords, meanwhile, face a shift in how they manage tenancies. The removal of rent-review clauses limits flexibility, meaning all rent increases must go through the statutory Section 13 process. Landlords must justify proposed increases by demonstrating alignment with market rates and provide appropriate notice periods. While this introduces more administration, it also reduces the risk of disputes and legal challenges. By adopting transparent, compliant strategies, landlords can maintain positive relationships with tenants while still achieving reasonable rental returns.

With the introduction of the RRA 2025, rent increases are likely to become more moderate and potentially more regular. Landlords may adjust their strategies to account for the once-per-year limit and notice requirements, while tenants will enjoy enhanced protections and clarity about their rights. Overall, the reforms aim to balance landlord income potential with tenant security, creating a fairer, more stable rental market. Whist long term tenants who have let the same property for years at below market rates may be hit by jumps in their rent under new proposed legislation.

From 14 May 2025, new UK rules made AML (anti-money laundering) checks mandatory for letting agents — not just for high-value properties, but for all tenancies regardless of the level of monthly rent. These changes mark a significant shift in the lettings industry, and failing to comply can carry serious consequences as part of a global crackdown on AML compliance.

Financial sanctions guidance for letting agents (GOV.UK)

In this post, we will explore the latest regulatory changes, the risks involved letting without AML compliance, and how LetHQ’s instant True AML checks service help agents and landlords stay secure.

What’s Changed in AML Regulation for Lettings

Previously, anti-money laundering obligations for letting agents were limited, applying to tenancies with a certain monthly rent fresh hold. The threshold for mandatory checks has now been removed, meaning that every prospective tenant, guarantor, and landlord must be screened. This includes verifying identity, checking for politically exposed persons (PEPs), reviewing the UK sanctions list, and screening against the SDN/OFAC lists.

If a match is found, agents must report this themselves to the Office of Financial Sanctions Implementation (OFSI). The expansion of AML obligations reflects the government’s efforts to close loopholes and prevent the property market from being used to launder money or hide illicit funds.

Failing to comply with these rules can lead to serious consequences, including fines from £1,500 to over £50,000, regulatory sanctions, and reputational damage. In extreme cases, knowingly ignoring AML obligations could also result in legal action.

Why AML Checks Are Essential for Letting Agents and Landlords

AML checks are not just a regulatory formality — they protect your business and clients. Screening tenants and landlords mitigates the risk of onboarding individuals involved in financial crime, giving your agency confidence that all parties are legitimate. Demonstrating robust compliance also strengthens your reputation and builds trust with landlords, tenants, and investors.

Additionally, integrating AML checks into your onboarding process is now essential along with vetting applicants, automated checks produce instant results, freeing up staff to focus on other areas of property management.

While compliance is the legal driver, the operational and reputational benefits make AML checks a smart business practice.

How LetHQ’s AML Check Service Supports Compliance

LetHQ offers a simple and effective solution for staying compliant with the new AML regulations. With LetHQ, you can run a full true AML check quickly and easily online with minimal data input in a frictionless way without the need to involve the tenants themselves. Checks include identity verification, PEP and sanctions screening, and SDN/OFAC list checks. Results are delivered instantly in a secure PDF report, ensuring you have a clear record of compliance.

The platform also supports bulk uploads, allowing you to bring your existing tenant and landlord records up to date. With ISO 27001 certification, LetHQ ensures your data is handled securely and according to best practice. No need to top up or by credits, you only pay for the checks you submit, without the need for any set up charges or monthly or annual subscription misery.

By integrating LetHQ’s AML checks into your workflow, you reduce risk, simplify compliance, and demonstrate professionalism to your clients.

Best Practices to Stay AML-Compliant

Letting agents and landlords should adopt a structured approach to AML compliance. First, checks should be completed as soon as a tenancy offer is accepted or when a landlord engages your services. Early verification ensures that no parties involved in financial crime slip through the process. Updating your AML and compliance policies ensures that procedures remain clear and aligned with the latest regulations.

By embedding AML checks into everyday operations, agencies and landlords can reduce legal risk, protect their reputation, and operate with confidence in a changing regulatory landscape.

What makes the LetHQ true AML checks standout and why should I use then?

Unlike some other providers, in line with FCA guidance this is not just a random name search against various sanctions and PEP lists. This is a true AML check that first looks to verify the individuals is who they say they are by confirming their identity prior to conducting the mandatory checks.

The 2025 AML regulations represent a pivotal moment in the UK rental market. Compliance is no longer optional, and the consequences of failing to act are serious. LetHQ’s true AML check service makes compliance simple, cost-effective, and secure, allowing agents and landlords to focus on growing their business while reducing risk.

Now is the time to integrate AML checks into your workflow. By doing so, you safeguard your agency, protect your clients, and stay ahead of regulatory obligations. LetHQ ensures that staying compliant is easy, fast, and reliable.

For more information on how we can support you and your business visit LetHQ or call 0343 612 2233 today.

Carrying out Right to Rent checks is a legal requirement for all landlords and letting agents. Whether you manage one property or a large portfolio, ensuring these checks are done properly protects you from penalties and keeps your lettings process compliant. At LetHQ, we help landlords and agents handle these checks efficiently through digital tools and clear guidance.

Understanding the Right to Rent

The Right to Rent forms part of the Immigration Act 2014 and requires landlords and agents to confirm that every adult tenant has the legal right to live in the UK. This applies to everyone who will live in the property, even if they’re not named on the tenancy agreement.

The purpose is to prevent tenancies being granted to individuals without lawful immigration status. While the concept is simple, understanding documents, online checks, and follow-up requirements can feel complex — which is why having a reliable process in place is essential.

Why Right to Rent Checks Matter

Completing Right to Rent checks gives you a statutory excuse, meaning you are protected from penalties if a tenant’s immigration status later becomes unlawful. The checks must also be carried out fairly and consistently to avoid discrimination, so landlords should apply the same process to all applicants.

Beyond legal compliance, a smooth and well-documented process improves the tenant onboarding experience, reduces delays, and strengthens professional standards.

How to Carry Out Right to Rent Checks

Checks must be completed before the tenancy starts. There are three valid ways to conduct them:

1. Manual Document Checks

Manual checks involve reviewing relevant original documents and you must ensure the documents appear genuine, photos and dates match the tenant, and names are consistent. Copies must be kept for the duration of the tenancy and one year after it ends.

2. Online Right to Rent Checks

Many tenants now hold digital immigration status. Using a share code provided by the tenant, landlords can verify their right to rent through the official Home Office online service. This method provides a clear, real-time confirmation that you should download and store as evidence. For more information view the .gov website for official guidance:

3. Landlord Checking Service (LCS)

If a tenant has an ongoing Home Office application or appeal and cannot provide documents, landlords can request a decision from the LCS. A positive response gives you a statutory excuse.

4. Approved IDVT Digital Check

Using UK government approved IDVT checks such as those offered by LetHQ. Our solution, designed to cut through the clutter and simplify your life. Using advanced UK Government certified Identity Document Validation Technology (IDVT), we bring you a seamless, paperless, and efficient system for verifying the right to rent status of British and Irish tenants. Please see our website for further details - Let HQ.

Follow-Up Checks

For tenants with a time-limited right to rent, landlords must complete follow-up checks. These take place when the tenant’s immigration permission expires or 12 months after the previous check — whichever is later.

If a tenant no longer has the right to rent during a follow-up check, landlords must report this to the Home Office to remain compliant.

Avoiding Discrimination

Right to Rent checks must be completed in a non-discriminatory way. Agents and Landlords cannot make assumptions based on nationality, language, ethnicity, or appearance. Every tenant must be asked to provide the same type of evidence and go through the same checking process.

Providing clear instructions to all applicants keeps the process transparent and avoids unintentional bias.

Common Issues Agents Face

Some applicants struggle to provide documents promptly, or may present expired share codes. Others may be unfamiliar with digital status or unsure how to access their Home Office records. Agents and Landlords also frequently encounter missing Right to Rent documentation when taking over a tenancy from another landlord.

If previous records can’t be produced, new checks should be completed immediately.

How LetHQ Helps Letting Agents and Landlords Stay Compliant

LetHQ offers fast, simple Digital Right to Rent Checks to help landlords and agents stay compliant without the administrative hassle. Our service allows you to:

How It Works?

Achieve compliance in just three simple steps, with minimal effort on your part:

1. Initiate the Process: Send an email link for the tenant to complete online. That’s the only email you’ll need to send.

2. Tenant Participation: The tenant conducts the necessary checks via their smart device. They follow clear, concise instructions - no paperwork involved.

3. Receive Results: Detailed results, including all required documentation and verification statuses, are sent directly to your email. No follow-ups needed, no stress.

LetHQ’s Digital Right to Rent Checks are designed for letting agents and landlords who value both compliance and convenience. Our checks help you to stay compliant with ease and give total peace of mind. For further details visit www.LetHQ.co.uk or call 0343 612 2233 today.

Subject to tenants passing the relevant criteria, as out lined in the policy booklet, the process is simple and straightforward to apply online. Policy documentation can be found on our website located at https://lethq.co.uk/service/rent-guarantee-insurance/

What sets LetHQ apart is their commitment to fast, reliable service. With a track record of award-winning performance and ISO27001 data security certification, you can trust that your information is secure.

Rent guarantee insurance is a type of insurance for landlords which can cover your rental income if your tenants become unable to pay their rent. We offer the most cost effective and competitively priced rent protection insurance. It's tailored for letting agents and landlords. We offer a variety of features and more benefits than other rent guarantee insurance policies. A tenant falling into rent arrears can cause financial challenges for landlords. Rent guarantee insurance gives landlords a safeguard should their tenants fall behind on their rent payments.

All our rent guarantee policies come with no excess so there is nothing to pay should you need to make a claim. This product is available to purchase as a standalone product but can also be added on to our landlord building insurance.

As an added bonus, if you take out rent guarantee insurance as part of a landlord buildings insurance policy with us, we'll apply an exclusive discount!

Here’s what it includes:

This protection is especially valuable for landlords and agents as it removes the financial stress of potential defaults and helps maintain a steady income stream from your property portfolio.

By choosing LetHQ, you’re not just buying insurance—you’re investing in peace of mind. With affordable pricing starting from just £160 a year, make it a practical solution for landlords and all agents of all sizes. Whether you manage one property or a large portfolio, LetHQ’s rent guarantee insurance ensures you’re backed by a trusted, award-winning service that truly understands the needs of landlords across the UK.

Why Tenant Referencing is Essential for Letting Agents and Landlord

When you’re a landlord, your property is more than just an asset — it’s a source of income and potentially a long-term investment. But without proper precautions, even the most carefully chosen tenants can lead to unexpected financial strain. That’s where tenant referencing becomes an essential part of your property management strategy.

Tenant referencing is the process of verifying a prospective tenant’s credit worthiness, financial stability, employment status, and rental history. It’s not just about checking a few boxes — it’s about safeguarding your property and your peace of mind. A thorough referencing process can reveal red flags that might otherwise go unnoticed, such as previous rent arrears, employment instability, or a history of damaging property and adverse credit information.

Consider this scenario: You’re renting a property to someone who seems ideal on paper. They have a steady job, a good credit score, and a positive reference from their last landlord. But during the referencing process, you discover they’ve had multiple tenancy issues in the past — including unpaid rent and disputes with previous landlords. This information could save you from a costly and stressful situation down the line.

The risks of not conducting proper tenant referencing are significant. Landlords face the possibility of rent arrears that can last months or even years, property damage that may not be covered by standard insurance, legal costs associated with eviction proceedings, time and stress spent managing disputes along with the potential for tenancy fraud or an illegal sublet.

By investing in comprehensive tenant referencing, you’re not just protecting your property — you're also protecting your finances. It’s a small upfront cost that can prevent major losses in the future. LetHQ offers a range of referencing options tailored to your needs, including Express, Advanced, Guarantor, and Company references. Each option provides detailed insights into a tenant’s reliability, ensuring you make informed decisions.

With LetHQ’s fast turnaround times, expect results from within on hour,  you can move quickly on the best candidates without compromising on accuracy. This efficiency is especially valuable in competitive rental markets where delays can mean losing a quality tenant. The real benefit of robust tenant referencing lies in its ability to reduce risk before it becomes a problem. When you take the time to verify a tenant's background, you’re taking control of your investment.

This sets the stage for understanding how rent guarantee insurance can provide an extra layer of protection — especially when combined with thorough tenant referencing.

The Benefits of Choosing LetHQ for Rent Protection

Choosing the right rent guarantee insurance can feel overwhelming, especially with so many providers on the market. However, when you're a landlord or letting agent, the stakes are high — and the wrong choice could leave you exposed to financial loss. LetHQ stands out in this space not just because of its award-winning reputation, but because it delivers on what matters most: peace of mind, reliability, and comprehensive protection.

Let’s break down why LetHQ is a trusted partner for thousands of landlords and letting agents across the UK. First, consider the legal cover. Many policies come with high excesses or complex terms that make claims difficult. LetHQ offers up to £100,000 in legal cover with no excess as standard, meaning you’re fully protected should the worst happen. That’s a major advantage, especially when you're dealing with costly legal proceedings or disputes over tenancy agreements.

Let’s look at a real-life example. A landlord in Birmingham was faced with a tenant who stopped paying rent and left the property in a state of disrepair. Thanks to LetHQ’s rent guarantee insurance, the landlord didn’t have to cover the costs personally. The insurance paid out directly, and the legal support helped resolve the situation without prolonged stress or financial strain.

What sets LetHQ apart is its commitment to transparency and affordability. There are no setup fees, no monthly charges, and no hidden costs. You only pay for the services you use, making it accessible for both individual landlords and larger letting agencies.

Ultimately, investing in the right rent guarantee insurance is about protecting you and your clients portfolio, not just your property. With LetHQ, you’re not just buying a policy — you’re investing in a trusted partner with over 10 years in the business, that understands the complexities of the UK rental market and delivers solutions that work for you.

To obtain your no obligation quote visit https://lethqlogin.co.uk/InsuranceQuote/RentProtection today.

 

The bill passed the House of Commons in April 2024 and is now in the House of Lords, where it faces five more stages before potentially receiving Royal Assent to become law.

The headline provision of the bill is the proposed abolition of Section 21 "no-fault" evictions. However, it contains many other reforms that would impact tenants, landlords and letting agents.

These include:

While the government is pushing to get the bill passed quickly, it still faces some hurdles. A group of around 50 Tory MPs have threatened to vote against it unless certain concessions are made, such as delaying the Section 21 ban until the courts system is improved. There are also claims of a potential loophole that could allow some Section 21 evictions to continue even after the ban takes effect.

If enacted, the Renters (Reform) Bill has the potential to significantly rebalance power between tenants and landlords. Renters would enjoy more stability and flexibility to make their rental property a long-term home. They would have expanded protections against unfair evictions and poor living conditions. However, some landlords worry the changes could make it harder to remove problem tenants. The effectiveness of the reforms will depend on the details of implementation and ensuring the court system can handle a likely increase in possession cases.

In light of these upcoming changes, it is more important than ever for landlords and letting agents to thoroughly vet prospective tenants. LetHQ's professional tenant referencing services can help you select reliable, low-risk renters. Our comprehensive reference checks verify the identity, credit, and rental history of applicants. Choosing the right tenant from the start can prevent many potential issues down the road.

For added peace of mind, consider LetHQ's Rent Guarantee Insurance. Our policies protect your rental income even if the tenant fails to pay, so you can avoid arrears and costly evictions. With the private rental sector poised for transformation, taking these prudent steps to reduce risk is simply smart business.

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