19 Aug Agents have a key role to reduce stress for landlords and tenants

Tenant Shop Managing Director, Glenn Seddington, spoke to Letting Agent Today about the key role letting agents have in reducing stress for both landlords and tenants.

“Considering the rapid growth of the private rental sector – which now accounts for approximately 20 per cent of all households and represents the largest housing tenure in London – more needs to be done to make the moving process smoother for landlords and tenants” explains Tenant Shop managing director Glenn Seddington.

On the one hand it’s crucial that landlords understand how key legislation such as the Tenant Fees Act, deposit protection and the Right to Rent scheme work in order to abide by regulations and protect their investment.

“Landlords will also want to make sure that as a new tenancy starts, the previous one is tied up and signed off, paving the way for a smooth changeover with no unpaid bills or charges outstanding” he says.

On the other hand it’s also important for tenants to be fully aware of their rights and obligations when it comes to renting a property and have the ability to showcase their value as a good tenant to a potential landlord.

“Once a tenant moves into a property, they will be eager to get everything sorted quickly so they can start to enjoy their new home. This can range from organising bills and council tax to managing utilities, and getting the TV up and running so they can get started on their next boxset” continues Seddington.

To read the full Letting Agent Today article, click here.