New independent report calls for all agents to offer consumers financial protection

An independent report on the private rented sector (PRS) was released yesterday by Kate Faulkner of Designs On Property, which looks at the PRS from all perspectives.

Supported by leading members of the industry including SAFEagent, the analysis looks at the impact of proposed housing polices on the PRS, the wider roles and responsibilities of others involved in the rental process and how the PRS needs to change to meet the needs of an increasing tenant population.

Kate Faulkner says; “The PRS is now the second biggest form of housing tenure in the UK and the only tenure expected to grow in the next five years as we see a fundamental growth in population, a fall in the availability of social housing and the increased inaccessibility of home ownership. As a result there has been growing scrutiny of the sector and a call for it to become a more ‘mature’ market offering good value for money together with security of tenure and properties which are let in good condition.”

Download the report here.

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