There are “advantages all round” in the certainty that three-year tenancies and even rent controls can offer, according to the head of Carter Jonas letting agency Lisa Simon.
Landlords anticipate that rent rises will taper off over the next twelve months, according to a sentiment survey conducted by Your Move and Reeds Rains.
The Labour party’s proposals to cap rent rises with inflation and insist on three year tenancies in the private rental sector continue to be criticised by many in the industry.
Labour’s onslaught on the private rental sector continues, with the party now setting out how it will implement its rent controls and other reforms.
The Deposit Protection Service says agents and landlords must act soon over older tenancy deposits now that new legislation has introduced a deadline for their protection.
Edinburgh is set to become the first local authority in Scotland to move into the private landlord business, building up to 1,000 houses a year for commercial rent.