Rents are expected to increase over the next few months, according to the latest survey from Just Landlords.
The study found that almost half of people in the UK - 49% - believe that landlords will increase rents in order to recoup costs as existing tenant fees, which will be banned this weekend, are likely to be passed onto them to pay.
The research also uncovered that those aged 25-34 and single individuals were the most sceptical about the positive impact of the upcoming ban.
The study suggests that the banning of fees will end up hurting the very people the government intends on helping the most, according to Rose Jinks, spokesperson for Just Landlords.
Jinks said: “There has been a lot of talk within the property industry that landlords will increase rent prices as a result of the tenant fees ban, as they look to recoup potentially higher charges imposed by letting agents.
“It is clear that our respondents felt the same; rents will go up, causing the government’s efforts to make renting cheaper fall flat on its face.”
While the majority of the UK are reluctant to believe scrapping tenancy fees will positively impact tenants, 27% of respondents think it would speed up the tenancy agreement process, 23% predict easier interaction with landlords and letting agents, and 22% think the change will reduce administration tasks for tenants.
Rose added: “The tenant fees ban is just around the corner, but so many of those involved in the private rental sector are unaware of what the new law even means.
“We urge tenants, landlords and agents to get themselves up to date, and prepare for the changes where necessary – don’t get caught out.”
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