Editor's note: This brief was summarised by The Property AI Newsroom from a report by Letting Agent Today. Read the original article for full details.
Rolling Tenancies Gather Pace Rapidly Across Buy-to-Let Sector
Rolling tenancies are gathering pace across the buy-to-let sector, according to a report published by Letting Agent Today.
The report states that rolling tenancies became the norm in May of this year, a significant shift in how tenancies are being structured in the private rented sector.
What This Means for Letting Agents
The move towards rolling tenancies as the standard arrangement is likely to interest letting agents and inventory clerks, who manage tenancy agreements and check-ins and check-outs on behalf of landlords and tenants.
Further details, including any underlying data or commentary, are available in the original report.
Source: Letting Agent Today