PropTech companies Goodlord and Vouch have come together to call for input for their State Of The Lettings Industry report.
And with a new Housing Secretary and the government in turmoil, what better time for landlords to let the industry know what they’re thinking?
The annual report, which is due to be released in September, typically includes feedback from thousands of agent, landlord and tenant voices. This year, the teams behind the initiative are planning to further increase the number of participants and make September’s report the most in-depth to date.
Responses can be submitted from up to July 18.
In addition to the proposals outlined by the government’s Fairer Private Rental Sector White Paper, lettings professionals will be asked to reflect on both the past year and the year ahead, with their insights set to reveal how arrears, stock levels, Covid-19 and an ever-changing legislative landscape are impacting business and industry confidence.
The 2022 report will also reveal findings from a concurrent survey of thousands of tenants, including the impact of the ongoing cost of living crisis on their incomes and their ability to pay rent.
Last year’s report, released in September 2021, showed that almost a third of lettings professionals were still seeing increases in arrears almost 18 months into the pandemic, well before the cost of living crisis had started to bite.
And despite two-thirds of lettings professionals saying they were optimistic about the future of the lettings industry, lack of stock was already a major concern in 2021, with lettings professionals believing increased legislation and compliance was the number one reason landlords were leaving the sector.
All those who take the survey - which will take less than 10 minutes to complete - will be entered in the draw to win a £100 Amazon voucher.
The survey can be found here.
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It's definitely in a bit of a state
Just wait until EPC C - or is that at risk now Boris has gone?
Let's hope so, that was more to do with his dim unelected wife, Princes Nut Nuts
Yeah now Carrie Antionettte is on her way out hopefully this ridiculous idea of Net Zero will fade away to a more sensible period in the future.
Agree with Tricia…. The breaking point for me is EPC C, then I would sell the lot.
Section 21 is the breaking point for me, it doesn’t matter a hoot what the EPC is when they have given the Tenants Control of your acids.
Control of your acid?
I agree with you. I have a dreadful tenant. Keeps demanding endless repairs probably to try and block a s21. So house is going on market very shortly so she can go and be someone else’s problem somewhere else.
Same here, Michael. Section 21 is important for me. I've not used it often, but when I need to get rid, I'd like to be able to do it quickly.
EPC C is not too much of a problem; most of my properties are on C and the remaining are easily sorted (they're a D).
Carrie Antionette 😂
Brilliant
Professional landlords are rubbing their hands with glee as the part time landlords exit the sector and supply diminishes. Without doubt this departure will exacerbate over the next 18 months, of that there is no doubt.
There is an impending housing crisis in the dearth of available accommodation and soaring rents (in line with inflation) never seen before. Politicians, the media, millennials, and ironically Tenant support groups; don't say you weren't warned. This is all on you.
One day soon big brother will be in control of the prs and all the snow flake tree huggers will be crying into their quinoa remembering about the ‘good old days’
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