How Should Letting Agents Prepare For New Legislation? - Ep. 2162
How Letting Agents Should Prepare for the Renters’ Rights Bill. The Renters’ Rights Bill is on the horizon, and it’s about to bring sweeping changes to the UK property market. For letting agents, it’s crucial to start preparing now, because the impact on enforcement, penalties, and dispute resolution will be massive. In this episode, Des Taylor, an expert in landlord licensing and defence, breaks down exactly why letting agents need to be on top of their game before these new rules come into play. As Des explains, local housing authorities will soon have more power than ever to impose financial penalties, and you could find yourself at the mercy of hefty fines if you’re not careful. Letting agents will need to make sure they have their paperwork in order, that all tenancies are compliant, and that regular inspections are up to scratch, especially since the new bill will tighten up the rules around property management. With tenants increasingly turning to 'no-win-no-fee' lawyers for issues like disrepair and deposit disputes, having a solid strategy for resolving issues without going to court is key. Plus, Des warns that even seemingly simple services like tenant find or rent collection could leave you exposed to investigation if the local authority starts digging into your files. This is the time to take action, stay ahead of the curve, and make sure you’re fully prepared. Listen now to get the expert insights you need to protect your business and stay compliant. Hit play, and let us know your thoughts in the comments below!